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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.
Omaxe announces dedicated hospitality biz vertical
To invest Rs 6,200 cr to develop 19 hotels over next 4-5 years
Omaxe rallies after unveiling Rs 6,200-cr hospitality expansion plan
Omaxe zoomed 16.07% to Rs 88 after announcing its entry into the hospitality segment with plans to develop 19 hotels across five states over the next 4-5 years.
Omaxe soars 20% on launch of dedicated hospitality arm, to invest ₹6200-cr
Omaxe Ltd has announced that the dedicated hospitality business vertical will develop 19 hotels spread over nearly 5 million sq. ft. across five states in the next 4-5 years.
Omaxe Ltd leads gainers in 'B' group
Bajaj Healthcare Ltd, Prakash Pipes Ltd, Gujarat Natural Resources Ltd and Krishival Foods Ltd Partly Paidup are among the other gainers in the BSE's 'B' group today, 29 June 2026.
Omaxe shares jump 16% after announcing an investment 4x its market cap for new vertical
Of the 19 planned hotels, 12 will be located in Uttar Pradesh, including two each in Ayodhya, Kaushambi and Vrindavan, three in Lucknow, and one each in Prayagraj, Ghaziabad and Gorakhpur.
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.
WSB Partners invests Rs 75 crore with Omaxe Group for residential plotted projects in Ujjain, Indore
WSB Partners has invested Rs 75 crore in Omaxe Group. This funding supports residential plotted projects in Ujjain and Indore. Tier II and III cities are attracting significant capital. Rising incomes and infrastructure development are key drivers. Omaxe Group will use the capital for growth and working capital. This investment highlights confidence in these growing markets.