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Omaxe to Invest ₹250 Crore in Lucknow Project, Nearly 300 Homes Sold at Launch

Strong launch sales point to rising demand for integrated township housing in Lucknow.

Overview

  • Omaxe, which disclosed Wednesday in a regulatory filing, said it will put about ₹250 crore into its new premium project Omaxe Cassia in Lucknow.
  • The company said buyers snapped up nearly 300 of 360 apartments at launch, indicating robust interest though the sales figures are company reported.
  • The project sits inside the 690-acre Omaxe Metro City on Raebareli Road and is planned as eight towers with 2BHK and 3BHK layouts.
  • Omaxe targets delivery in three years under Real Estate Regulatory Authority timelines, with construction now underway according to the company.
  • The developer cites a national track record of about 140.17 million sq ft delivered across 31 cities, which it says helps buyers trust delivery and the broader township amenities.