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OMAXE BUILDER

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Omaxe Limited
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Shipra Group
Unitech Limited
About Omaxe Builders :

Omaxe Ltd has established itself as a premier real estate development company in India. In the last 20 years since it laid its first brick, Omaxe has grown multi-fold and has a strong presence in every sphere of real estate activity in India. All its projects carry the stamp of excellence that match the best in the world.

The company entered the Real Estate Development business in 2001 and in now amongst the large Real Estate Development companies in India. The Company has executed construction contracts for a number of prestigious Indian private, public sector and Multinational's clients. Omaxe is one of the first companies to receive the ISO 9001:2000 certification, and a rating of 5A2 from Dun and Bradstreet, which connotes a healthy financial base and competitive trading practices. The company has also been conferred a number of awards - "the Svedala", "Udyog Ratna", Pride of the Country from the Society of Industry and Business Achievements, Arya Vaidya Sala and the Industrial Award to name a few.

The company in a short span of 5 years has completed and delivered 11 projects consisting of 8 residential, 1 Integrated Township and 2 commercial covering approx 5.59 million sq. ft of area. The company currently has 54 projects under development. These include 23 group housing projects,16 integrated townships,14 shopping malls and commercial complexes and 1 hotel. The company is at present developing over 156 million sq ft of area across 31 towns in 10 states in Northern , Central India and Southern India.

The Omaxe Foundation is a non-profit organization within the group, striving to provide opportunities for the underprivileged, and committed to the welfare of its construction workers.The net worth of Omaxe stands at Rs. 3114.3 million, as on September 30, 2006. Its maximum growth was during 2005-06 when its profits grew 9 times over the previous year.

Omaxe has formed a new company, the Omaxe InfoTech City Developers Ltd with the objective of building state-of the art infrastructure for the IT industry.

The Story Behind Omaxe Builders :

The company was originally set up as Omaxe Builders Private limited in 1989, promoted by Shri. Rohtas Goel , the founder, to undertake construction & contracting business. The company further changed its constitution to a limited company known as Omaxe Construction Ltd., in 1999. The name of the company has now changed to OMAXE LTD from 2006. The company began life as a civil construction and contracting company, has successfully executed more than 120 prestigious Industrial, Institutional, Commercial, Residential and Hospital construction projects and been retained by a number of blue-chip companies and institutions such as Amity University, Apollo Hospital in Ludhiana, Apeejay Group, IIT, Delhi High Court, Coke, Pepsi, Samsung and LG . Green Valley in Faridabad, Habitat Floors in Ghaziabad, South Avenue, Mayfield Garden, Olive in Gurgaon are striking residential properties of the Omaxe Group.

Awards won by Omaxe Builders:

The Svedala', ‘Udyog Ratna', ‘Pride of the Country', ‘Arya Vaidya Sala' & ‘Industrial Award' are just some of the many prestigious awards that have honoured our continued commitment to excellence in concept and construction quality.

Omaxe Vision :

Create a progressive organisation matching International Standards maintaining Integrity, High Ethical Standards and Transparency. Provide an environment of professionalism, competence, teamwork, and service excellence.

Omaxe Mission :

Our Mission is to bring quality Residential & Commercial real estate of international standards, comparable with global developers within the reach of all. We are committed to achieving excellence in Real Estate Development, for the benefit of the nation and our beloved countrymen.

Restated Consolidated Key Financials (Rs. in Million):

Particulars 2007-08 2006-07 2005-06 2004-05 2003-04
Revenue 23,077.56 14,399.24 8,304.08 4.490.53 2,439.35
Profit Before Tax 6,161.93 3,229.08 1,606.87 217.85 101.24
Profit After Tax 4,948.76 2,439.61 1,281.94 129.45 63.58
Net Worth 14,132.61 4,333.17 2,149.75 516.05 419.12
Strengths :

The company strives to match international standards and maintain integrity, transparency and high ethical standards in its services. Omaxe introduced the ‘sample flat’ in the group housing market which has now been adopted by all builders operating in the Indian realty market.

Omaxe gains its strength from executing all its projects in-house, and does not engage in sub-contracting. This ensures maintenance of quality and timely completion and projects. It has been able to keep pace with the latest in construction technology, and upgrade its expertise to meet growing expectations.

Source : Omaxe official website
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