Omaxe Ltd., one of India’s leading real estate developers, has announced a major expansion into Madhya Pradesh, unveiling a 450-acre integrated township along the Super Corridor in Indore, underlining its deep commitment to planned urbanization in emerging Tier-II cities. This milestone development, backed by a ₹1,200 crore investment, aims to create a future-ready urban ecosystem that supports residential, commercial, education, and healthcare demands in Indore, one of India’s fastest-growing cities.

In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the announcement was made to BSE (Security Code: 532880) and NSE (Symbol: OMAXE). The project reflects Omaxe’s strategic foresight to tap into Indore’s expanding urban fabric while contributing to state-wide infrastructure transformation in Madhya Pradesh.

Project Overview and Urban Impact

The new integrated township will be developed in multiple phases and is expected to generate ₹2,500 crore in revenue over the next three years. Omaxe will fund the project primarily through internal accruals, demonstrating its disciplined financial management and strong liquidity position.

Located on the Indore Super Corridor, the township is strategically positioned to leverage connectivity, urban migration, and infrastructure upgrades that are transforming Madhya Pradesh. The design blueprint includes:

• Residential plots and high-quality housing clusters

• Commercial and retail spaces

• Educational institutions and healthcare facilities

• Hospitality zones and recreation parks

• Green belts, mobility paths, and wide internal roads

• Robust power and water infrastructure

• Round-the-clock security systems

This township will be a self-sustained urban model, blending comfort, connectivity, and convenience with environmental consciousness. The project's timing aligns perfectly with Indore's recent metro rail launch, expanding regional infrastructure, and the state's broader development plans ahead of the 2028 Simhastha.

Omaxe’s Legacy in Madhya Pradesh

Omaxe made its first foray into Madhya Pradesh in 2005, launching Omaxe City-1 in Indore. Since then, it has cemented a robust presence across Indore, Ujjain, and Ratlam, holding a substantial land bank of approximately 1,170 acres in the state. Its completed and ongoing developments include:

• Omaxe City-1, Indore (330 acres)

• Omaxe City-2, Indore (88.4 acres)

• Omaxe Hills, Indore (90 acres)

• Omaxe Pratham, Indore (50 acres)

• Omaxe City-1, Ujjain (75 acres)

• Two proposed JV projects in Ujjain – City-2 and City-3 (50 acres each)

• Omaxe City, Ratlam (35+ acres)

More than 2,500 families already reside in Omaxe's Indore developments, creating a vibrant and trust-rich customer base that the company is now poised to expand upon.

Indore and MP’s Infrastructural Evolution

The company’s announcement comes at a time when Madhya Pradesh is undergoing rapid transformation in urban infrastructure, connectivity, and industrial development. Key developments include:

• Metro rail launch in Indore – the first city in MP to do so

• Rail infrastructure upgrades to support Simhastha 2028

• Redesign of Indore Station and development of holding tracks near Ujjain

• Extension of Indore-Ujjain expressway

• Construction of twin tunnels on the Indore-Khandwa route reducing pilgrimage travel time to just one hour by mid-2026

These state-level interventions are positioning Indore as a modern transit and living hub, boosting its attractiveness for residents, businesses, and infrastructure developers.

Omaxe’s Broader Vision and Execution Track Record

Founded in 1987 by Mr. Rohtas Goel, Omaxe transitioned from a construction firm to a real estate leader by 2001, and went public in 2007. Over the past 37 years, Omaxe has delivered 135 million sq. ft. of developed space across 30 cities in 8 Indian states.

The brand has carved a niche across both luxury and affordable segments, delivering a range of townships, malls, office complexes, and high-street commercial projects. Its integrated model allows for efficient planning, community creation, and timely project execution — key to its sustained market reputation.

In Madhya Pradesh alone, 15 projects have been delivered, with two more set to complete in the next quarter, reinforcing Omaxe’s reliability and execution capabilities.

The Indore expansion follows Omaxe’s recent announcement of another integrated township project in Amritsar, as the company intensifies its focus on Tier-II cities and growth hubs outside metro corridors.

Commitment to Planned and Sustainable Development

This new township in Indore reflects Omaxe’s unwavering commitment to sustainable urban growth, ensuring that development aligns with environmental, social, and governance (ESG) principles. By integrating green infrastructure, mobility paths, and ecological designs, Omaxe is reinforcing its brand ethos of “Turning Dreams into Reality”.

As India witnesses rapid urbanization beyond its Tier-I cities, companies like Omaxe are playing a pivotal role in shaping livable and sustainable cities for the future.

Conclusion

With this ₹1,200 crore, 450-acre township on the Indore Super Corridor, Omaxe Limited is taking a transformative step toward redefining urban living in Madhya Pradesh. Designed to serve as a comprehensive, self-sufficient township, it addresses the city's growing need for housing, commerce, and essential services, all in one integrated space.

As infrastructure, connectivity, and urban demand in MP continue to rise, Omaxe’s bold and timely expansion cements its leadership position in India’s real estate transformation story, reaffirming its commitment to Tier-II cities and creating communities that are resilient, inclusive, and future-ready.

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