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Omaxe to plug Rs 6,200 cr in new dedicated hospitality vertical, plans 19 hotels in 5 states

Real estate giant Omaxe is launching a dedicated hospitality arm, planning 19 hotels across India within five years. The company will invest approximately Rs 6,200 crore, focusing on key urban centers and pilgrimage sites, with a significant presence planned in Uttar Pradesh. This expansion aims to integrate hospitality with existing developments and generate over Rs 1,000 crore in annual revenue upon stabilization.