Omaxe rises as its Group plans to invest Rs 250 crore to develop premium residential project in Lucknow
The project has witnessed massive early traction, with nearly 300 of its 360 units already sold as construction commences
Omaxe is currently trading at Rs. 84.12, up by 0.91 points or 1.09% from its previous closing of Rs. 83.21 on the BSE.
The scrip opened at Rs. 81.93 and has touched a high and low of Rs. 84.48 and Rs. 81.48 respectively. So far 427 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 113.51 on 18-Jun-2025 and a 52 week low of Rs. 62.85 on 09-Dec-2025.
Last one week high and low of the scrip stood at Rs. 88.98 and Rs. 64.05 respectively. The current market cap of the company is Rs. 1490.27 crore.
The promoters holding in the company stood at 74.14%, while Institutions and Non-Institutions held 7.74% and 18.12% respectively.
Omaxe Group is all set to invest around Rs 250 crore for the development of its latest premium residential project, Omaxe Cassia, being developed by Omaxe Garv Buildtech, a wholly owned subsidiary of the Omaxe. Located within the sprawling 690-acre Omaxe Metro City township on Raebareli Road, Lucknow, the project has witnessed massive early traction, with nearly 300 of its 360 units already sold as construction commences.
The project will comprise eight elegantly designed towers offering a mix of spacious 2BHK and 3BHK apartments. To be developed in strict adherence to RERA timelines, Omaxe Cassia is slated for successful delivery within the next three years. Strategically positioned on Raebareli Road, Omaxe Cassia benefits immensely from its seamless integration into the larger Omaxe Metro City ecosystem. With direct access to rapidly upgrading regional infrastructure and premium township amenities, the project is perfectly positioned to capitalize on the escalating residential demand in this thriving micro-market.
Omaxe is one of India’s leading and trusted real estate companies. The company is into the business of developing real estate properties for residential, commercial and retail purposes. The company is a part of Omaxe Group.

