Omaxe Ltd Announces Record Sales in Faridabad: 120 Units of ‘The Grand Europe’ Sold Out in 1 Day, 173 Ultra-Luxury Homes Fully Booked

On Friday, shares of Omaxe Ltd fell 2.51 per cent to Rs 76.59 per share from its previous closing of Rs 78.56 per share. The stock’s 52-week high is Rs 113.40 per share and its 52-week low is Rs 62.50 per share. As of 11:55 IST, the stock was trading in the red. During the session, the stock surged about 2.85 per cent from the previous close to hit an Intraday high of Rs 80.80.

Record-Breaking Sales in Faridabad

Omaxe Ltd announced a record-breaking response for its latest RERA-approved developments in Faridabad, with its commercial project “The Grand Europe” selling out all units on the very first day of launch. The projects include Omaxe Residences and The Grand Europe, which are being developed by the company’s wholly-owned subsidiary M/s. Omaxe World Street Pvt. Ltd.

The sales performance has set a new benchmark for the region’s Real Estate sector. The Grand Europe, a premium commercial SCO (Shop-cum-Office) development, saw its entire inventory of 120 units sold out on the launch day.

At the same time, the first phase of Omaxe Residences, comprising 173 ultra-luxury residential units, achieved 100 per cent sales within just a few days of launch. These projects follow the successful December 2025 launch of the World Street London Extension, which also witnessed strong investor demand.

Omaxe is investing a combined over Rs 1,060 crore into the Faridabad real estate ecosystem. According to CA certificates submitted to the Haryana Real Estate Regulatory Authority (HRERA), the estimated project cost for Omaxe Residences stands at Rs 927.20 crore, while The Grand Europe project is valued at Rs 133.78 crore.

These developments target a previously underserved segment for ultra-luxury housing in Faridabad, with residential units achieving average realizations between Rs 3 crore and Rs 4 crore.

Both projects form part of World Street by Omaxe, a large mixed-use development designed to create a “smart city” environment where residents can live, work, and shop in an integrated hub.

Located in Sector 79, Faridabad, the projects offer strong connectivity to key infrastructure including:

• The Delhi–Mumbai Expressway

• The upcoming Jewar Airport

• Bata Chowk Metro Station

• Manjhawali Bridge

Due to limited supply of premium land in the region, these developments are considered high-potential real estate investments.

According to HRERA filings:

• The Grand Europe (HRERA-PKL-FBD-849-2026) is scheduled for completion by August 2030.

• Omaxe Residences (HRERA-PKL-FBD-848-2026) is expected to be completed by December 2030.

About Omaxe

Founded in 1987, Omaxe Ltd has been listed on the NSE and BSE since 2007 and is among India’s well-known real estate developers. The company has delivered around 140.17 million sq ft of real estate across 31 cities in 8 states.

Its portfolio includes projects such as the Omaxe New Chandigarh Township and the upcoming “The Omaxe State” in Dwarka, Delhi.

The company has a market cap of over Rs 1,400 crore. The stock price has surged over 33.55 per cent in last 3 years.

Disclaimer: The article is for informational purposes only and not investment advice.