Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

Omaxe rewards Channel Partners of Delhi NCR with a 3-day retreat at Jim Corbett

Posted On: 2021-08-23 19:47:24 (Time Zone: IST)


As part of the Omaxe Reward & Recognition programme, created to honour top performing channel partners and sales team, a 3-day tour to the majestic Jim Corbett National Park was organised for 125 top performers "Omaxe Dynamos" of the Delhi-NCR region.

Mr. Shravan Govil, CEO, Omaxe Heritage Private Ltd., tasked with the Delhi NCR region, gave away the awards and laid out the roadmap of Omaxe for realising the vision of its Chairman & Managing Director Mr. Rohtas Goel for Delhi & National Capital Region (Delhi-NCR). Mr. Goel is credited with pioneering and ushering in the concept of integrated townships & luxury housing in Noida/Greater Noida, themed malls in Gurgaon, housing in Greater Faridabad in early years of Omaxe's real estate journey in early-2000s.

"We have seen how Omaxe has demonstrated its strength through product innovation, committed delivery and conceptualisation of new micro markets. With Omaxe Chowk, we are reenergising our efforts to make this multi-level parking cum commercial project in Chandni Chowk timeless and a benchmark for the future, just like our other projects." Mr. Govil said in his address.

The pandemic, he said, was a big setback for the Indian economy. But the comeback has been equally stronger. "I am proud of the fact that this bunch of highly motivated team and channel partners did the unthinkable by not just nudging market sentiments but also achieving outstanding numbers in Delhi-NCR region during the year. In true Omaxe style of honouring our partners who have been a close-knit family, we organised this retreat," he said.

The tour commenced with an award ceremony in the evening of August 18, followed by Yoga, team building sessions and gala dinner on August 19 and ended on August 20, 2021 with a morning getaway in this scenic destination.

"In the last 34 years, Omaxe has not only earned the trust of its customers & investors but also made a name for itself in the real estate market. The number of days it takes to convert the sales of an Omaxe property is less than it is for other developers. This trend has solidified with Omaxe Chowk. Since the onset of the pandemic in March 2020 when consumer and market sentiments were at an all-time low, this project has found takers and continues to be highly sought-after," said one of the associates selling properties in Delhi-NCR region.

Omaxe Chowk is a multilevel parking cum commercial project being developed in PPP with North MCD in Chandni Chowk, Delhi. The company is confident of operationalizing the multilevel parking in the first quarter of 2022.

The company's project in Faridabad, Omaxe World Street, has been witnessing record visitors since December 2020 with brands vying for a space in this iconic themed high street project.

"In yet another first for the company, Omaxe World Street is today recognised as the pride of Faridabad for its architectural brilliance, shopping format and return on investment. Despite the pandemic, the project has attracted huge footfall from across Delhi NCR, several brands have opened their stores and sale of its office space, malls and residential complex in this commercial integrated project has grown," Mr. Govil added.

The design and experience of this project, conceptualised by Mr. Rohtas Goel, is based on the world-famous shopping streets of London, Athens, Amsterdam, Portugal, Hong Kong.

"It is a visual delight. Tens of thousands throng to this place every day. The amount of love this project has received has reiterated Omaxe's standings as a trendsetter and market innovator. It stands out in the landscape of this industrial town," said another associate selling properties in Faridabad region.

In the roadmap for the future of Omaxe in Delhi-NCR, Mr. Govil highlighted the company's commitment to innovative projects for the NCR market including Faridabad, expanding presence in Delhi, increased focus on customer relationship, healthy returns for our investors and focus on maintaining consistent delivery.

The Delhi-headquartered Omaxe has presence in Delhi, Noida/Greater Noida, Gurgaon and Faridabad besides 27 other cities in North & Central India. In 2020, Omaxe achieved outstanding sales in various Omaxe projects in Delhi-NCR region, especially Omaxe Chowk in Chandni Chowk, Delhi.

Shares of OMAXE LIMITED was last trading in BSE at Rs. 72.9 as compared to the previous close of Rs. 75.55. The total number of shares traded during the day was 4265 in over 182 trades.

The stock hit an intraday high of Rs. 75.05 and intraday low of 72. The net turnover during the day was Rs. 311452.


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

One 97 Communications Limited Q2FY22 consolidated loss increases to Rs. 472.9 crore

Deep Industries Ltd receives LoA from ONGC for Rs. 67.99 crores

IndoThai Securities Ltd to form subsidiary

Axita Cotton Ltd Board recommends 1:2 Bonus issue

Punjab Alkalies and Chemicals Ltd board to consider stock split on Dec 2, 2021

Tilak Ventures Limited board to consider rights issue on Dec 1, 2021

Phoenix Mills Limited - Rating outlook revised to 'Stable', Rating reaffirmed

Hatsun Agro Product Limited board to consider fund raising through FPO

GHCL Ltd signs MOU to Invest Rs. 500 Crores in Tamil Nadu

Vishvprabha Ventures Limited board approves rights issue at Rs. 30 per share

RBI imposes monetary penalty of Rs. 1 crore on SBI

Vedanta Jharsuguda wins FICCI CSR Award for its Subhalaxmi Cooperative Project

Retail chain DMart leases space at Spaze Edge

Paytm celebrates its merchant partners, hundreds get tickets to the India vs New Zealand test match

Piramal Capital & Housing Finance and API Holdings Partner to Offer Financing Solutions for India's Rapidly Evolving Healthcare Ecosystem

Tata Steel executes the inaugural blockchain enabled trade between India and Bangladesh

IndiGo resumes flights to Singapore under Vaccinated Travel Lane

Hindustan Zinc conferred with prestigious '5 Star Rated Mines' award by Ministry of Mines

BOB Financial partners with OneCard to launch mobile-first, metal credit card

Jindal Stainless organizes stainless steel fabrication workshop for inmates at Central Jail, Lucknow

JM Financial launches Bondskart, a unique digital platform for ease of investment in debt securities

Nandani Creation Limited reports strong Q2FY22 Results

Tata Steel's Noamundi Iron Mine accorded the Five Star rating for 3 consecutive years

Emerald Leasing Finance and Investment Company Ltd to change name as Emerald Finserv Ltd

Sharika Enterprises Ltd receives order from LS Cable India Pvt Ltd

ICICI Bank Ltd raises Rs. 3595 crore through bonds

Saurashtra Cement Limited and Gujarat Sidhee Cement Limited to merge

Nature's Family Tree Foods Pvt Ltd is a fully owned subsidiary of APIS India Ltd

GSS Infotech Ltd board to consider acquisition, fund raising

Welspun Corp Limited to foray into polymer business, forms subsidiary

Salasar Techno Engineering Ltd receives order worth Rs. 170 crore from RITES Ltd

Radhe Developers India Ltd board approves JV agreement, to acquire Hotel Business

Hero MotoCorp Ltd inducts Mr. Rajnish Kumar and Ms. Vasudha Dinodia to its board

Waaree Renewable Technologies Ltd receives LOA for 140 MW DC Solar Power Plant in Gujarat

Radhe Developers India Ltd board approves rights issue

Refex Industries Ltd to foray into the Power Trading Business segment

Promoters announce delisting of Universus Photo Imagings Ltd

ICRA-assigned Credit Rating for Rs. 176.00 crore bank facilities of Unichem Laboratories Limited

CRISIL upgrades long-term rating of Balrampur Chini Mills Ltd

GHCL Ltd's credit rating upgrades by Ind-Ra

ITC to acquire 16% stake in Mother Sparsh, a D2C ayurvedic and natural personal care brand

Ircon International Ltd emerges as lowest bidder projects from NHAI and Chennai Metro Rail Limited

Sanofi India Ltd updates on divestment of Soframycin® and Sofradex® businesses

Swarnsarita Gems Limited is now Swarnsarita Jewels India Limited

Aurionpro announces strategic deal in Smart Transit segment

Greenpanel Industries Ltd suspends operations at Rudrapur MDF plant

CARE A1+ rating assigned to commercial paper of Atul Limited

Shreyas Shipping and Logistics Limited takes delivery of bulk carrier

Two mines of The Ramco Cements Ltd conferred FIVE STAR award

Ramkrishna Forgings Ltd wins Domestic order worth INR 90 million in Oil & Gas segment


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020