Omaxe
Est. 1987 · Rohtas Goel · New Delhi · Listed (NSE / BSE) · National
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Omaxe?
Once a North-Indian volume giant with deep tier-2 presence (Lucknow, Indore, New Chandigarh), now working through a long delivery backlog.
120
Completed projects
130M
Sq ft delivered
20
Ongoing projects
8
Upcoming projects
Our ratings
Builder Score Card
Each dimension is scored from delivery data, RERA filings and financial disclosures.
On-time delivery: 52% of towers delivered within 6 months of committed date.
Diligence
Litigation, Compliance & Financials
Litigation history
Verified Aug 2026: Punjab RERA ordered ₹34.8 lakh delayed-possession interest on a New Chandigarh 'The Lake' flat (plus ~₹53K/month until possession) and rejected COVID as an excuse in another ₹7.9 lakh order; multiple legacy delay complaints persist even as new 2026 RERA registrations were secured in Punjab, Haryana and Lucknow.
RERA compliance
Not separately assessed. Verify the specific project’s registration and quarterly progress on the state RERA portal.
Financial strength
Review the latest exchange filings for leverage and cash-flow health.
At a glance
Omaxe in Numbers
Omaxe is a listed (NSE / BSE) developer founded in 1987 by Rohtas Goel, headquartered in New Delhi, active mainly in National. We rate it 2.9/5 overall — high-risk — which ranks 191st of the 212 developers we profile and ahead of 8% of them. Its strongest area is construction quality (3/5) and its weakest is delivery record (2.4/5).
Benchmarking
How Omaxe Compares
Each rating against all 212 developers we profile and the 20 in National.
| Rating | Omaxe | National average | Better than |
|---|---|---|---|
| Construction quality | 3/5 | 4.1/5 | 18% of developers |
| Delivery record | 2.4/5 | 3.8/5 | 6% of developers |
| Customer satisfaction | 2.6/5 | 3.8/5 | 7% of developers |
| Financial strength | 2.6/5 | 4.1/5 | 9% of developers |
| Trust | 2.9/5 | 4.1/5 | 8% of developers |
Buyer guidance
Should You Buy a Omaxe Project?
Omaxe carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, compare the promised and actual completion dates of its last few projects on the state RERA portal, confirm the project's escrow account and RERA progress, and avoid large upfront payments.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Its latest annual report — debt, cash flow and pre-sales — since Omaxe is listed.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Delivery record: compare the promised and actual completion dates of its last few projects on the state RERA portal.
The bottom line
Our Verdict
Only consider completed, OC-received inventory; we do not recommend under-construction exposure at current disclosure levels.
Portfolio
Notable Projects
Key Omaxe projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Omaxe: FAQs
Is Omaxe a good builder? ＋
We rate Omaxe 2.9/5 overall — high-risk. Only consider completed, OC-received inventory; we do not recommend under-construction exposure at current disclosure levels.
Is Omaxe a listed company? ＋
Yes. Omaxe is listed on the NSE / BSE, so it publishes audited financial results.
Does Omaxe deliver on time? ＋
Omaxe has delivered 52% of its towers within six months of the committed date, and we rate its delivery record 2.4/5.
How many projects has Omaxe completed? ＋
Omaxe reports 120 completed projects and about 130 million sq ft delivered.
Does Omaxe have litigation or RERA issues? ＋
Verified Aug 2026: Punjab RERA ordered ₹34.8 lakh delayed-possession interest on a New Chandigarh 'The Lake' flat (plus ~₹53K/month until possession) and rejected COVID as an excuse in another ₹7.9 lakh order; multiple legacy delay complaints persist even as new 2026 RERA registrations were secured in Punjab, Haryana and Lucknow.