By BullScreen Editorial Team 
Shares of prominent real estate developer Omaxe Ltd jumped as much as 18% in today’s trading session following the receipt of RERA registration certificates for two of its major projects. The stock, with a market capitalization of ₹1,408.70 crore, was trading at ₹76.50 per share, up from the previous close of ₹68.62.
The regulatory nods cover “Omaxe World Mall” in Haryana and “The Retreat” in Punjab. These approvals, valid until 2030 and 2031 respectively, enhance the company’s project transparency, ensure timely execution, and boost buyer confidence, a crucial factor in India’s real estate sector. By securing the certifications through subsidiaries, Omaxe strengthens its compliance credentials and reinforces long-term operational stability.
In addition, the company recently obtained RERA approval for its “Urban Square-14” project in Punjab, allowing it to move ahead with sales and marketing activities. Collectively, these approvals are expected to support smoother project delivery, strengthen brand credibility, and potentially enhance overall financial performance.
On the financial front, Omaxe reported a modest 4% rise in revenue to ₹302 crore from ₹289 crore, though net losses widened slightly to ₹153 crore. Operating performance has remained volatile over the past year, with operating margins fluctuating from -44% to -51%, reflecting ongoing cost pressures despite growth in revenue.
Omaxe Ltd, known for its residential, commercial, and integrated township projects across multiple Indian cities, continues to focus on strategic expansion and customer-centric offerings. The recent regulatory approvals mark a positive step in restoring investor confidence and supporting the company’s long-term project execution strategy.