#OMAXE : NGT raps co. over chandigarh project , junks plea to recall order
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OMAXE
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+1.2 (1.41%)
Updated 03:28 30/07 IST
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Reputation: 15,011 • Jul 2 9:06 AM
Omaxe sells commercial, housing properties worth Rs 2,051 cr last fiscal
Realty firm Omaxe has sold properties worth Rs 2,051 crore in 2020-21, up 18 per cent from the previous fiscal. Out of the total sales bookings, about 70 per cent contribution came from commercial projects in Delhi and new Chandigarh. The remaining sales came from housing projects at Ludhiana, Lucknow and New Chandigarh.
Realty firm Omaxe has sold properties worth Rs 2,051 crore in 2020-21, up 18 per cent from the previous fiscal. Out of the total sales bookings, about 70 per cent contribution came from commercial projects in Delhi and new Chandigarh. The remaining sales came from housing projects at Ludhiana, Lucknow and New Chandigarh.
The Economic Times
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Reputation: 15,011 • Jun 30 2:51 AM
Omaxe consolidated income falls to Rs 192 cr in Q4
The company during the 12 months sold 2.73 million sq ft valued at Rs 2051 crore in comparison with 4.99 mn sq ft valued at Rs 1738.75 crore in the same period last year.
The company during the 12 months sold 2.73 million sq ft valued at Rs 2051 crore in comparison with 4.99 mn sq ft valued at Rs 1738.75 crore in the same period last year.
The Economic Times
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Reputation: 15,011 • Jun 30 6:51 AM
Omaxe Q4 results: Company posts profit of Rs 1 cr; income falls 46% to Rs 192 cr
Total income fell to Rs 191.87 crore in the fourth quarter of last fiscal year from Rs 355.38 crore in the corresponding period of the previous year, according to a regulatory filing.
Total income fell to Rs 191.87 crore in the fourth quarter of last fiscal year from Rs 355.38 crore in the corresponding period of the previous year, according to a regulatory filing.
The Economic Times
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Reputation: 15,011 • May 18 1:36 AM
Real estate developers expect recovery in H2 2021
Real estate developers are hoping to see a quick recovery once the second wave of Covid subsidies, similar to the one seen post lifting of lockdown 1.0, due to pent up demand.
Real estate developers are hoping to see a quick recovery once the second wave of Covid subsidies, similar to the one seen post lifting of lockdown 1.0, due to pent up demand.
The Economic Times
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Reputation: 15,011 • Mar 12 3:11 AM
IRSDC conducts pre-bid meeting for development of land parcels at Chandigarh railway station
The pre bid meeting on Friday received response from Eldeco, Developer Group, Virtuous Retail South Asia, Kalpataru Power Transmission Ltd and Omaxe Ltd among others.
The pre bid meeting on Friday received response from Eldeco, Developer Group, Virtuous Retail South Asia, Kalpataru Power Transmission Ltd and Omaxe Ltd among others.
The Economic Times
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Reputation: 15,011 • Mar 11 1:01 AM
Haryana’s realty market will crash if govt imposes 2% duty on transfer of properties: Developers
“Gurgaon deals will be hampered, especially in the ready-to-move in property segment, where the buyer has to pay the stamp duty on transaction. At this time, when people are consolidating their real estate portfolio into a better upgraded home to live in, this move might push home buyers towards under construction apartments, where registration of property is 3-4 years away,” said Anubhav Jain, CEO, Silverglades Group.
“Gurgaon deals will be hampered, especially in the ready-to-move in property segment, where the buyer has to pay the stamp duty on transaction. At this time, when people are consolidating their real estate portfolio into a better upgraded home to live in, this move might push home buyers towards under construction apartments, where registration of property is 3-4 years away,” said Anubhav Jain, CEO, Silverglades Group.
The Economic Times
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Reputation: 15,011 • Feb 16 5:53 AM
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Reputation: 15,011 • Jan 25 1:01 AM
Greater Noida authority cancels allotment of four land parcels to recover Rs 450 crore dues
“The commercial department of the authority has decided to cancel the allotment of this land at Alpha II. The lease rent for the land has not been paid by the Omaxe. The authority has issued recovery certificate from time to time but the company did not clear the dues,” said a spokesperson for the authority.
“The commercial department of the authority has decided to cancel the allotment of this land at Alpha II. The lease rent for the land has not been paid by the Omaxe. The authority has issued recovery certificate from time to time but the company did not clear the dues,” said a spokesperson for the authority.
The Economic Times
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Reputation: 15,011 • Jan 20 10:46 AM
NCLT agrees to hear plea alleging mismanagement in Omaxe
Terming the matter as "exceptional" and having "compelling circumstances" against the realty firm, a two-member Chandigarh-based NCLT bench has granted the waiver in the filing criteria under Section 244 of the Companies Act, over the plea filed by the Omaxe former joint managing director Sunil Goel and his wife.
Terming the matter as "exceptional" and having "compelling circumstances" against the realty firm, a two-member Chandigarh-based NCLT bench has granted the waiver in the filing criteria under Section 244 of the Companies Act, over the plea filed by the Omaxe former joint managing director Sunil Goel and his wife.
The Economic Times
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Reputation: 15,011 • Jan 18 12:16 PM
NCLT admits petition against real estate developers Omaxe
“We are of the considered view that the present case is one of the exceptional and compelling circumstances which entitle the applicants for granting of waiver,” NCLT said in the order.
“We are of the considered view that the present case is one of the exceptional and compelling circumstances which entitle the applicants for granting of waiver,” NCLT said in the order.
The Economic Times
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What is this I can't understand
Can anybody tell. It is positive or negative
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Reputation: 15,011 • Dec 7, 2020 6:41 AM
Omaxe sold 8.26 million square feet worth Rs 2145 crore in 2019-20: Annual report
“In the last 15 years, we have gained leadership position in cities like New Chandigarh, Ludhiana, Lucknow, Faridabad, Indore to name a few where we are executing our projects. A strong brand equity will help us continue this momentum in 2020-21 as well,” said Mohit Goel, CEO, Omaxe Ltd.
“In the last 15 years, we have gained leadership position in cities like New Chandigarh, Ludhiana, Lucknow, Faridabad, Indore to name a few where we are executing our projects. A strong brand equity will help us continue this momentum in 2020-21 as well,” said Mohit Goel, CEO, Omaxe Ltd.
The Economic Times
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Reputation: 15,011 • Nov 6, 2020 9:36 AM
Realty developer Omaxe appoints Benu Sehgal as retail head
“The company has renewed focus on its retail and commercial projects and is committed to bringing a diverse mix of shopping, F&B, tourism and entertainment experiences at our retail and commercial projects and Sehgals core competence will strengthen this effort,” said Mohit Goel, CEO and Whole-time Director, Omaxe Ltd.
“The company has renewed focus on its retail and commercial projects and is committed to bringing a diverse mix of shopping, F&B, tourism and entertainment experiences at our retail and commercial projects and Sehgals core competence will strengthen this effort,” said Mohit Goel, CEO and Whole-time Director, Omaxe Ltd.
The Economic Times
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Reputation: 15,011 • Oct 23, 2020 11:36 AM
Omaxe CEO calls first day back in office 'cathartic'
Mohit Goel feels working from office enables team building and enhances productivity.
Mohit Goel feels working from office enables team building and enhances productivity.
The Economic Times
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Reputation: 15,011 • Sep 18, 2020 8:11 AM
Stock market update: Nifty Realty index up over 1%; Sobha climbs 3%
The index was trading 1.42 per cent up at 225.65.
The index was trading 1.42 per cent up at 225.65.
The Economic Times
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Reputation: 15,011 • Sep 14, 2020 7:06 AM
Stock market update: Nifty Realty index gains 5%; Prestige Estates jumps 8%
The index was trading 4.51 per cent up at 224.65.
The index was trading 4.51 per cent up at 224.65.
The Economic Times
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Reputation: 15,011 • Sep 2, 2020 6:11 AM
Stock market update: Nifty Realty index slips 1%; DLF falls over 2%
The index was trading 1.09 per cent down at 222.05.
The index was trading 1.09 per cent down at 222.05.
The Economic Times
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OMAXE Share Price - Technicals
- NewsBotJul 2 9:06 AMOmaxe sells commercial, housing properties worth Rs 2,051 cr last fiscalThe Economic TimesNewsBotJun 30 2:51 AMOmaxe consolidated income falls to Rs 192 cr in Q4The Economic TimesNewsBotJun 30 6:51 AMOmaxe Q4 results: Company posts profit of Rs 1 cr; income falls 46% to Rs 192 crThe Economic TimesNewsBotMay 18 1:36 AMReal estate developers expect recovery in H2 2021The Economic TimesNewsBotMar 11 1:01 AMHaryana’s realty market will crash if govt imposes 2% duty on transfer of properties: DevelopersThe Economic TimesNewsBotFeb 16 5:53 AMNewsBotJan 25 1:01 AMGreater Noida authority cancels allotment of four land parcels to recover Rs 450 crore duesThe Economic TimesNewsBotDec 7, 2020 6:41 AMOmaxe sold 8.26 million square feet worth Rs 2145 crore in 2019-20: Annual reportThe Economic TimesNewsBotNov 6, 2020 9:36 AMRealty developer Omaxe appoints Benu Sehgal as retail headThe Economic TimesNewsBotOct 23, 2020 11:36 AMOmaxe CEO calls first day back in office 'cathartic'The Economic Times
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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