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	<title>Dwarka Sector 19B Archives - Square Feat India</title>
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		<title>Omaxe Group Launches The Omaxe State with ₹2,500 Crore Investment</title>
		<link>https://squarefeatindia.com/omaxe-group-launches-the-omaxe-state-with-%e2%82%b92500-crore-investment/</link>
		
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		<pubDate>Mon, 02 Sep 2024 09:15:48 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[delhi real estate]]></category>
		<category><![CDATA[dining]]></category>
		<category><![CDATA[Dwarka Sector 19B]]></category>
		<category><![CDATA[hospitality]]></category>
		<category><![CDATA[infrastructure project]]></category>
		<category><![CDATA[Omaxe Group]]></category>
		<category><![CDATA[public-private partnership]]></category>
		<category><![CDATA[retail development]]></category>
		<category><![CDATA[sports complex]]></category>
		<category><![CDATA[The Omaxe State]]></category>
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					<description><![CDATA[<p>**Omaxe Group Launches The Omaxe State with ₹2,500 Crore Investment**</p>
<p>Omaxe Group has announced the launch of ‘The Omaxe State,’ a new integrated destination in Dwarka Sector 19-B, New Delhi. With an investment exceeding ₹2,500 crore, this project aims to transform the city’s sports, retail, hospitality, food, and cultural landscape. Featuring a modern ICC and FIFA-standard cricket-cum-football stadium, the development will also include an international multi-sports indoor stadium, an extensive food district, and India’s first air-conditioned high-street retail area. Set to be completed by 2027, The Omaxe State is designed to become a key landmark, enhancing Delhi’s infrastructure and providing a diverse range of facilities for sports, shopping, dining, and entertainment.</p>
<p>The post <a href="https://squarefeatindia.com/omaxe-group-launches-the-omaxe-state-with-%e2%82%b92500-crore-investment/">Omaxe Group Launches The Omaxe State with ₹2,500 Crore Investment</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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<p><strong>New Project in Dwarka Sector 19B</strong></p>



<p>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.</p>



<p><strong>Features of The Omaxe State</strong></p>



<p>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.</p>



<p><strong>Comparison to Global Venues</strong></p>



<p>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.</p>



<p><strong>Distinctive Features</strong></p>



<p>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.</p>



<p><strong>Other Facilities</strong></p>



<p>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.</p>



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<p><strong>Strategic Location and Future Prospects</strong></p>



<p>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.</p>



<p><strong>Official Statement</strong></p>



<p>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.”</p>



<p><strong>Project Scope and Development</strong></p>



<p>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.</p>
<p>The post <a href="https://squarefeatindia.com/omaxe-group-launches-the-omaxe-state-with-%e2%82%b92500-crore-investment/">Omaxe Group Launches The Omaxe State with ₹2,500 Crore Investment</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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