Investment29 Apr 2026, 12:37 pm
Omaxe Invests ₹250 Cr in Lucknow Project, Sells 300 Homes
AI Summary
Omaxe Group announced an investment of approximately ₹250 crore for its new premium residential project, Omaxe Cassia, in Lucknow. Developed by its wholly-owned subsidiary, Omaxe Garv Buildtech Pvt. Ltd., the project is located within the 690-acre Omaxe Metro City township. The project has seen significant early success, with nearly 300 of its 360 units already sold as construction commences. Omaxe Cassia will feature eight towers offering 2BHK and 3BHK apartments, with delivery expected within three years, adhering to RERA timelines. The strong sales reflect a shift in consumer preference towards integrated townships offering comprehensive social infrastructure and connectivity.
Key Highlights
- Omaxe Group to invest ₹250 crore in 'Omaxe Cassia' residential project in Lucknow.
- Nearly 300 of 360 units already sold, indicating strong market demand.
- Project is developed by Omaxe Garv Buildtech Pvt. Ltd., a wholly-owned subsidiary.
- Located within the 690-acre Omaxe Metro City township, leveraging existing infrastructure.
- Delivery of the project is slated within three years, adhering to RERA timelines.