{"id":685,"date":"2026-03-17T08:18:55","date_gmt":"2026-03-17T08:18:55","guid":{"rendered":"https:\/\/www.bullscreen.in\/news\/?p=685"},"modified":"2026-03-25T12:29:06","modified_gmt":"2026-03-25T12:29:06","slug":"omaxe-shares-surge-18-after-key-rera-approvals-for-haryana-and-punjab-projects","status":"publish","type":"post","link":"https:\/\/www.bullscreen.in\/news\/omaxe-shares-surge-18-after-key-rera-approvals-for-haryana-and-punjab-projects\/","title":{"rendered":"Omaxe Shares Surge 18% After Key RERA Approvals for Haryana and Punjab Projects"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Shares of prominent real estate developer <a href=\"https:\/\/www.bullscreen.in\/company\/OMAXE\" target=\"_blank\" rel=\"noopener\" title=\"\">Omaxe Ltd<\/a> jumped as much as 18% in today\u2019s trading session following the receipt of RERA registration certificates for two of its major projects. The stock, with a market capitalization of \u20b91,408.70 crore, was trading at \u20b976.50 per share, up from the previous close of \u20b968.62.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The regulatory nods cover \u201cOmaxe World Mall\u201d in Haryana and \u201cThe Retreat\u201d in Punjab. These approvals, valid until 2030 and 2031 respectively, enhance the company\u2019s project transparency, ensure timely execution, and boost buyer confidence, a crucial factor in India\u2019s real estate sector. By securing the certifications through subsidiaries, Omaxe strengthens its compliance credentials and reinforces long-term operational stability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, the company recently obtained <a href=\"https:\/\/rera.mohua.gov.in\/\" target=\"_blank\" rel=\"noopener\" title=\"\">RERA<\/a> approval for its \u201cUrban Square-14\u201d 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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On the financial front, Omaxe reported a modest 4% rise in revenue to \u20b9302 crore from \u20b9289 crore, though net losses widened slightly to \u20b9153 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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.omaxe.com\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Omaxe Ltd<\/a>, 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\u2019s long-term project execution strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of prominent real estate developer Omaxe Ltd jumped as much as 18% in today\u2019s&#8230;<\/p>\n","protected":false},"author":2,"featured_media":686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136],"tags":[138],"class_list":["post-685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-omaxe"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Omaxe shares jump 18% after RERA approvals for Haryana and Punjab projects, boosting transparency, buyer confidence, and long-term growth outlook.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"BullScreen Editorial Team\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.bullscreen.in\/news\/omaxe-shares-surge-18-after-key-rera-approvals-for-haryana-and-punjab-projects\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"NSE &amp; BSE Stock Market News - 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