Omaxe said the land parcel, located in Ludhiana's established Ghumar Mandi commercial zone, was secured through a competitive bid conducted by the Rail Land Development Authority, and is being developed on a leasehold basis. Management highlighted that Omaxe Chowk is designed to offer structured, contemporary urban planning with enhanced connectivity, pedestrian-friendly spaces and significant parking facilities.
The development is expected to boost local employment during construction and drive long-term economic activity through increased footfall, brand participation and retail engagement. The share price movement comes as investors react positively to Omaxe's expanding portfolio and strategic push into experience-led, mixed-use urban destinations.
Omaxe is an established real estate company, with over three decades of operating experience. The company operates with a diversified land bank and focuses on planned urban development across key regional markets.
On a consolidated basis, Omaxe reported net loss of Rs 166.61 crore in Q2 September 2025 as against net loss of Rs 239.66 crore in Q2 September 2024. Net sales declined 17.57% YoY to Rs 320.82 crore in Q2 September 2025.
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Valued Customer,
BOB Capital Markets Limited (BOBCaps) is firmly committed to the safety of your wealth. We would like to bring to your notice certain precautions that you certainly must take against potential tele-fraudsters/ unscrupulous and unregistered portfolio managers:
ALWAYS AVOID
We would like to caution you against such fraudulent calls and SMSes and urge you to be alert. Follow the golden rule:
Do not share your Login Credentials or Passwords with anybody
BOBCaps employees / representatives never ask for your password.
Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
Often trades done in the customer’s accounts are far from the best interest of the customers. Holdings of customers are often sold and with the funds, trades are then placed in illiquid securities at unrealistic prices.
At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
In our continuous effort to keep you safeguard from the market related frauds and increase awareness while conducting trades, we request you to go through the Press Release issued by the NSE and would request you to ensure that you do not engage with the individuals and entities mentioned below: