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Omaxe sells properties worth Rs 2,051 crore in FY21

02 Jul 2021 Evaluate

Omaxe has sold properties worth Rs 2,051 crore in FY2020-21, up 18 per cent from the previous fiscal, mainly on the back of better demand for its commercial projects in the national capital and Chandigarh.

In volume terms, however, sales fell to 2.73 million sq ft from 4.99 million sq ft. Omaxe delivered only 2.71 million sq ft across various projects in FY21 as against 6.51 million sq ft in the previous fiscal because of the nationwide lockdown to control the COVID-19 pandemic.

Omaxe is an India-based company engaged in real estate and infrastructure businesses. The Company operates in two segments Real estate and Construction.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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