Omaxe plans 19 hotels with Rs 6,200 cr investment
Synopsis Real estate giant Omaxe is launching a dedicated hospitality arm, planning 19 hotels across India within five years. The company will invest approximately Rs
Synopsis 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.
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