Market News

Omaxe to invest Rs 6,200 crore to expand the hospitality vertical

Omaxe is set to invest a substantial Rs 6,200 crore over the next 4-5 years, planning to launch 19 new hotels across five states. These developments, spanning nearly 5 million sq. ft. , will target urban centers, pilgrimage sites, and transit hubs, integrating with Omaxe's existing projects. The expansion aims to bolster recurring revenue and cater to diverse travel needs, with a significant focus on Uttar Pradesh.