New Project in Dwarka Sector 19B

Omaxe Group has announced the launch of ‘The Omaxe State,’ an integrated destination featuring sports, retail, hospitality, food, and cultural facilities. The project, covering 50.4 acres in Dwarka Sector 19-B, New Delhi, is developed in collaboration with the Delhi Development Authority (DDA) under a public-private partnership model, with an investment exceeding ₹2,500 crore.

Features of The Omaxe State

The Omaxe State will include a modern ICC and FIFA-standard cricket-cum-football stadium with a seating capacity of over 30,000 and an indoor multi-sports stadium accommodating 2,000 spectators. The project aims to bring major sporting events back to Delhi and is designed to be a comprehensive venue for various activities.

Comparison to Global Venues

The project draws inspiration from international landmarks such as Queen Elizabeth Olympic Park in London, Accor Arena in Paris, Singapore Sports Hub, and Melbourne Olympic Park. It seeks to transform the sporting and leisure landscape in India, offering a mix of sports, shopping, dining, and entertainment.

Distinctive Features

The Omaxe State will feature five districts: The Sports District, The Shopping District, The Hospitality District, The Food District, and The Social District. The Food District will be the largest of its kind in India, spanning over 500,000 square feet and including various dining options. Additionally, the project will feature India’s first air-conditioned high-street retail area, with 4.2 km of shop fronts and extensive ground-floor retail space.

Other Facilities

The development will include an invite-only sports and leisure club, a 75,000 sq. ft. e-sports arena, and a hotel with 148 rooms. Other amenities include banquet facilities, an event arena, an Olympic-sized swimming pool, and sports facilities for tennis, badminton, squash, basketball, and football.

Also Read: MHADA Reduces Prices for Homes in Mumbai Lottery

Strategic Location and Future Prospects

Located in Sector 19B of Dwarka, the project is close to major attractions like Yashobhoomi, IGI Airport, Bharat Vandana Park, and the upcoming diplomatic enclave. It is also accessible via the Metrolite light rail system. The project, which is expected to be completed by 2027, is projected to generate over ₹4,200 crore in revenue over its lifecycle.

Official Statement

Mohit Goel, Managing Director of Omaxe Group, stated, “With ‘The Omaxe State,’ we aim to provide Delhiites with a high-standard venue for sports, shopping, and entertainment. This development will fill a significant gap in Delhi’s infrastructure and contribute to the city’s growth.”

Project Scope and Development

The Omaxe State will feature modern amenities, including multiple entrances, car drop-offs, over 2,200 ECS, and additional parking with room for future expansion. Developed with input from 24 global consultants, the project is set to establish new standards in urban development.

You May Also Like

MHADA Extends Mumbai Lottery Deadline – Are Expensive Flats Behind Low Applications?

MHADA has extended the Mumbai Lottery 2026 deadline amid low applications. With LIG flats priced up to ₹2.09 crore, affordability concerns are emerging as the key reason behind weak demand.

Homebuyers Alert: MahaRERA Certificate Now Comes with Full Project Details

In a major move to protect homebuyers, MahaRERA has upgraded its registration certificates to include all crucial project details in bullet points, such as total built-up area, unit count, approved floors, and parking availability. This pro-consumer step ensures easier access to accurate project information at a glance.

Rents Surge 7.4% QoQ Across Major Cities, Rental Yields Increase to 3.62%

Rental prices in major cities across India saw a significant increase of 7.4% quarter-on-quarter (QoQ) between July and September 2024, marking the highest rise in two years. Chennai, Delhi, and Thane led the charge, with sharp rent hikes driven by high demand and limited supply. Meanwhile, rental yields averaged 3.62%, with Ahmedabad recording the highest yield. The report highlights a growing imbalance between rental demand and supply, which is expected to continue influencing prices in the coming quarters.

Rising Demand for 1 & 2 BHK Luxury Apartments in Mumbai’s Prime Micro-Market

Mumbai’s prime micro-markets, Dadar and Shivaji Park, are witnessing a surge in demand for 1 & 2 BHK luxury apartments. With high resale value, seamless connectivity, and modern amenities, these compact yet premium residences are becoming the preferred choice for professionals and investors