Omaxe to invest Rs 500 crore in developing a mixed-use project in Ludhiana

Realty developer Omaxe Ltd will invest Rs 500 crore in developing Omaxe Chowk, Ludhiana, a mixed-use high-street project.

The land parcel was secured through competitive bidding process conducted by the Rail Land Development Authority (RLDA) and is being developed on a leasehold basis.

“Consumers today are looking for destinations that offer not just choice, but also convenience, integrated luxury residences, and a welcoming atmosphere, and this project has been thoughtfully planned with those expectations at its core,” said Jatin Goel, Executive Director, Omaxe Ltd.


The development will feature a mix of premium retail shops, wedding and jewellery showrooms, fashion outlets, destination dining, and an entertainment zone. Omaxe Chowk is planned to host a large mix of brands and will include a dedicated flagship food and experience zone, Dawatpur.

Omaxe Chowk is expected to generate significant local employment during construction and create long-term job opportunities across retail, food and beverage, security, maintenance and facility management.

As a PPP project, Omaxe Chowk is being developed under an agreement between RLDA and Ludhiana Wholesale Market Private Limited (a Wholly Owned Subsidiary of Omaxe Ltd). The project is scheduled for delivery as per RERA timelines by June 2030.

Omaxe has presence across 31 cities in 8 states, with a portfolio spanning residential, commercial, integrated townships and public-private partnership developments. In FY 2024–25, Omaxe Ltd. reported a consolidated total income of Rs 1,637 crore.