29 Jun 2026
Omaxe will invest Rs 6,200 crore to build 19 hotels across nearly 5 million square feet in five states, with twelve of them in Uttar Pradesh including pilgrimage hubs like Ayodhya and Vrindavan.
Management sees about Rs 1,000 crore of annual revenue at stabilisation, a sizeable hospitality bet for a company long known as a township and real-estate developer.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.