Omaxe Group, a leading real estate developer based in Delhi NCR, has announced the launch of ‘The Omaxe State,’ an ambitious project set to redefine the landscape of Dwarka in the national capital. The project, touted as India’s first integrated 5-in-1 facility encompassing sports, retail, hospitality, food, and culture, will span over 50.4 acres in Sector 19-B of Dwarka.
A Landmark Development in Delhi’s Real Estate
‘The Omaxe State’ is being developed under a public-private partnership (PPP) model in collaboration with the Delhi Development Authority (DDA). The project will involve an investment exceeding Rs 2,500 crore and is expected to generate a revenue potential of Rs 4,200 crore upon completion by 2027.
Omaxe Group’s Managing Director, Mohit Goel, expressed his enthusiasm for the project, stating, “With The Omaxe State, we aim to provide Delhiites with an international-level experience in their own city. This development will bridge a significant gap in Delhi’s infrastructure by offering a world-class venue for sports, shopping, and entertainment. We are thrilled to contribute to the city’s growth and elevate its profile with this unique 5-in-1 destination.”
Key Features of ‘The Omaxe State’
One of the standout features of ‘The Omaxe State’ is the world-class, modern ICC and FIFA-standard International Cricket-cum-Football Stadium, which will have a seating capacity of over 30,000 people. Additionally, the project will include an international multi-sports indoor stadium with a capacity for 2,000 spectators, further enhancing Delhi’s sports infrastructure.
The development will also feature an expansive 5 lakh square feet dedicated to the food and beverage segment. This area will host over 40 fine dining restaurants, night and day clubs, sports bars, three drive-throughs, a food court, rooftop restaurants, food kiosks, food trucks, and banquet facilities.
A Comprehensive Destination for Leisure and Entertainment
Beyond sports and dining, ‘The Omaxe State’ will house Delhi’s exclusive invite-only sports and leisure club, a 75,000 square feet E-Sports arena, and a 148-room hotel. The complex will also include a large banquet space with multi-level parking, an event arena for social and cultural events, an Olympic-sized swimming pool, and top-tier facilities for various sports such as tennis, badminton, squash, basketball, and football.
Omaxe Group’s Legacy
Omaxe Group, founded in 1987 by Rohtas Goel, has a long history of delivering high-quality real estate projects. The company, listed on both the NSE and BSE since 2007, operates in 29 cities across eight states and has delivered over 132 million square feet of realty space. Currently, Omaxe has 22 million square feet of space under construction, which includes seven ongoing integrated townships, five group housing projects, and seven malls, office spaces, hotels, and SCOs.
Conclusion
‘The Omaxe State’ is poised to become a landmark destination in Delhi, offering an unparalleled blend of sports, leisure, and entertainment. With its strategic location in Dwarka and comprehensive facilities, the project is set to elevate the living standards and leisure opportunities in the region, reinforcing Omaxe Group’s commitment to pioneering world-class real estate developments.
