Faridabad, Haryana, March 09, 2026: India’s leading real estate developer, Omaxe, has announced a phenomenal market response to its newly RERA-approved luxury and commercial developments in Faridabad by one of its Wholly Owned Subsidiary M/s. Omaxe World Street Pvt. Ltd. The remarkable sales of both the projects, “Omaxe Residences” and “The Grand Europe”, clearly demonstrate strong buyer confidence in the brand and highlight the massive demand for ultra-luxury and premium commercial real estate in the city.
Omaxe Residences comprises six planned towers. Out of these, in the first phase, RERA approval has been taken for three towers so far. The initial response to these launches has set a new benchmark in the region. Within these approved towers, a total of 173 ultra-luxury residential units were launched, and within just a few days, 100 per cent of the inventory had been successfully sold out, resulting in a sales realisation of approximately ₹800 crore.
Simultaneously, the second project, The Grand Europe, is a commercial SCO development which witnessed an even more aggressive uptake and has been completely sold out. A total of 120 units has been sold in this project, generating an overall sales realisation of approximately ₹160 crore.
Highlighting the immense scale of these developments, Omaxe is injecting a combined estimated investment of over ₹1,060 crore into the local real estate ecosystem. According to the CA Certificates submitted to the Haryana Real Estate Regulatory Authority, the estimated project cost for Omaxe Residences is ₹927.20 crore, while The Grand Europe is valued at ₹133.78 crore. Both developments are integral parts of the landmark World Street by Omaxe mixed-use project, creating a smart city environment where residents can live, work, shop, and find entertainment in one integrated hub.
For years, Faridabad has boasted a high concentration of High-Net-Worth Individuals in legacy sectors such as 14, 15, 16, 17, and 9. However, the city has historically lacked a true ultra-luxury residential address. Omaxe Residences bridges this demand gap by introducing international living standards to the city, featuring average unit realizations of ₹3 to ₹4 crore with virtually no competition in its class. Complementing the residential development, The Grand Europe brings the charm and commercial viability of European-style high streets to Faridabad, offering SCOs starting from 70 square yards.
World Street London Extension, launched in December 2025, also received a strong response from buyers and investors, underscoring sustained demand for premium high-street retail and curated commercial formats in Faridabad.
“The exceptional response to Omaxe Residences and The Grand Europe reflects the deep trust buyers continue to place in the Omaxe brand,” said Mr. Mohit Goel, Managing Director, Omaxe Limited. “Faridabad has a high concentration of successful individuals but has long lacked an ultra-luxury residential and commercial ecosystem that mirrors global standards. We are not just fulfilling a massive demand gap; we are contributing to Faridabad’s growth as an integrated, modern urban destination.”
Strategically located in Sector 79, these projects benefit from Faridabad’s rapidly upgrading infrastructure. They offer seamless connectivity to the Delhi–Mumbai Expressway, the upcoming Jewar Airport, the Bata Chowk Metro Station, and the Manjhawali Bridge. Driven by the limited supply of premium land parcels and strong localized demand from end users and long-term investors, the projects hold significant appreciation potential. Omaxe Residences (HRERA-PKL-FBD-848-2026) and The Grand Europe (HRERA-PKL-FBD-849-2026) are slated for completion by December 2030 and August 2030, respectively.
About Omaxe –
Established in 1987, Omaxe remains one of India’s leading and most trusted real estate development companies. Omaxe Ltd. was listed on both the NSE and BSE in 2007. Omaxe delivered approximately 140.17 million sq. ft. of real estate across 31 cities in 8 states, including Punjab, Haryana, Uttar Pradesh, Madhya Pradesh, Rajasthan, Delhi, Uttarakhand, and Himachal Pradesh. Its diverse portfolio spanned residential, commercial, and integrated township projects. With over three decades of experience, Omaxe has consistently focused on delivering high-quality developments that cater to the evolving needs of urban India.
Omaxe played a key role in transforming urban landscapes with iconic projects like Omaxe New Chandigarh Township, World Street in Faridabad, Omaxe Chowk in Delhi’s Chandni Chowk, and Royal Residency in Ludhiana. Omaxe is also developing The Omaxe State in Dwarka, a cutting-edge mixed-use destination featuring retail, hospitality, sports, and entertainment.
With a robust land bank, innovative designs, and a vision for creating vibrant communities, Omaxe gained the trust of millions of customers and investors. Omaxe continued to set benchmarks in the real estate industry, solidifying its position as a leader in shaping the future of urban India. For more information, please visit www.omaxe.com
Forward-Looking Statement:
This document may contain forward-looking statements, which involve a number of risks and uncertainties. These risks or uncertainties could cause actual results to differ significantly from those anticipated in the forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
