Omaxe has witnessed more than doubled its sales at Rs 2145 crore in 2019-20. The Tier II & III cities real estate bellwether Omaxe, in its annual report 2019-20 filed in the stock exchanges, reported that it sold a total area of 8.26 million square feet worth Rs 2145 crore in FY 2019-20 as against 3.55 million sq. ft. area worth Rs 872 crore in 2018-19. The average realization increased for the financial year 2019-20 to Rs. 2912 per square feet for residential and Rs. 8382 per sq. ft. for commercial projects.
Omaxe is an India-based company engaged in real estate and infrastructure businesses. The Company operates in two segments Real estate and Construction.