OMAXE LTD : EXPANDS HOSPITALITY VERTICAL WITH RS 6,200 CRORE INVESTMENT

• Omaxe plans to develop 19 hotels spread over nearly 5 million sq. ft. across five states in the next 4-5 years. • The company proposes to invest approximately ₹6,200 crore over the next 4-5 years for hospitality assets. • The hospitality developments will be integrated with Omaxe's existing ecosystem of townships and mixed-use developments. • The portfolio will cater to multiple demand segments including business travel, leisure tourism, destination weddings, MICE, and religious tourism. • Based on current assumptions, the hospitality business has the potential to generate approximately ₹1,000 crore in annual revenue upon stabilization. • Omaxe is in advanced discussions with domestic and international hospitality operators for branding and management partnerships. Impact: Expansion into hospitality vertical with significant investment and revenue potential

Omaxe Limited

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