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By Hariharan U
Published on June 30, 2026
Omaxe, one of India’s leading real estate developers, has announced its entry into the hospitality sector with the launch of a dedicated business vertical. The company plans to invest approximately ₹6,200 crore over the next 4–5 years to develop 19 hotels across five states, spanning nearly 5 million sq. ft.
The hospitality portfolio will be developed across high-growth urban centres, pilgrimage destinations, and transit corridors, and will be integrated with Omaxe’s existing townships, mixed-use developments, and commercial projects. The expansion is expected to strengthen the company’s recurring revenue stream while enhancing its integrated development strategy.
Out of the planned 19 hotels, 12 will be located in Uttar Pradesh across cities including Ayodhya, Lucknow, Prayagraj, Ghaziabad, Gorakhpur, Kaushambi, and Vrindavan. Additional projects are planned in New Delhi, Faridabad, and Ujjain, along with four hotels across Chandigarh, Amritsar, and Ludhiana. Overall, Omaxe will establish a presence across 13 cities in five states.
A key highlight of the portfolio is a 158-key Gateway Hotel by IHCL at The Omaxe State in Dwarka, New Delhi. The project is being developed as part of a Public-Private Partnership (PPP) with the Delhi Development Authority (DDA). The company is also developing transit-oriented hospitality infrastructure in Uttar Pradesh in collaboration with UPSRTC.
Speaking on the expansion, Mohit Goel, Managing Director of Omaxe Ltd., said hospitality is a natural extension of the company’s integrated development strategy. He noted that rising connectivity, religious tourism, and growing travel demand across emerging markets are driving the need for quality hospitality infrastructure.
The planned portfolio will cater to multiple segments including business travel, leisure tourism, destination weddings, MICE activities, and religious tourism. It will include midscale, upscale, luxury hotels, pilgrimage properties, and serviced apartments tailored to local demand dynamics.
Omaxe stated that the hospitality business has the potential to generate approximately ₹1,000 crore in annual revenue once stabilized, subject to execution, occupancy levels, and market conditions. The company is also in advanced discussions with leading hospitality operators for branding and management partnerships.
With this move, Omaxe joins a growing list of real estate developers diversifying into hospitality to leverage integrated urban ecosystems and rising tourism demand across India
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Published on September 18, 2026
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