Omaxe Limited’s wholly owned subsidiary, Omaxe Garv Buildtech Private Limited, has secured a RERA Registration Certificate for its project ‘METRO CITY P-2 A’ located in Lucknow, Uttar Pradesh. The registration, with the number UPRERAPRJ222879/03/2026, was issued by the Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) and is valid until 9th October 2027.
The METRO CITY P-2 A project, which is set to launch on 21st March 2026, falls under the category of residential plots. It aims to cater to both domestic and international markets, although the product is not being launched in any specific international countries at this time.
The RERA registration is a significant milestone for Omaxe Garv Buildtech, as it certifies compliance with regulatory standards, enhances the project’s credibility, and ensures timely delivery. This certification is expected to foster trust with potential buyers by guaranteeing transparency and legal protection. Moreover, it authorises the subsidiary to sell, transfer, or advertise the project, thereby strengthening the brand value and positively impacting the consolidated financial performance of Omaxe Limited.
The approval is granted with certain standard conditions and does not currently face any withdrawal, cancellation, or suspension from the regulatory authority. The registration will remain valid until the specified date unless extended by the concerned authority.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).