Omaxe Dwarka

About The Omaxe State — Dwarka's Most Ambitious Commercial Project

The Omaxe State is a first-of-its-kind integrated commercial destination spread across 50.4 acres in Sector 19B, Dwarka, New Delhi. Developed by Omaxe Limited in partnership with the Delhi Development Authority (DDA) under a Public-Private Partnership (PPP) model on a 99-year lease, this is not a conventional mall — it is a 5-in-1 mega destination combining a sports district, retail high street, food district, social district, and a 5-star hospitality zone under one umbrella. The project is designed by 24 world-renowned consultants and anchored by an ICC- and FIFA-standard cricket-cum-football stadium with a 30,000-seat capacity. Total investment in the project stands at approximately ₹2,100–₹2,500 crore. With 7.5 lakh sq.ft. of retail space, a 2,000-seat indoor sports stadium, and a 75,000 sq.ft. e-sports arena, The Omaxe State is positioned as North India's largest integrated commercial hub.

Key Highlights

• 50.4 acres of integrated development — one of the largest commercial land parcels in Delhi, acquired from DDA under PPP model with a 99-year lease.
• International cricket-cum-football stadium — 30,000-seat capacity built to ICC and FIFA standards; Omaxe Group will operate and maintain it for 30 years.
• India's first air-conditioned high street — G+1 floors of premium retail with 75% of shops on the ground floor, double- and triple-height storefronts, 18-ft ceiling height.
• 7.5 lakh sq.ft. of retail space — unit sizes from 40 sq.ft. (virtual food court) to 8,500 sq.ft. (anchor stores); 11 entry points for seamless access.
• 2,211 ECS parking + surface parking — multi-level parking with room for expansion, designed to handle large-event footfall.
• 2,000-seat indoor multi-sport stadium — capable of hosting badminton, basketball, table tennis, boxing, wrestling, and kabaddi events.
• RERA registered: DLRERA2024P0003 — launched July 2024, possession targeted December 2027 as per channel partner data.
• Assured return structure offered — 12% returns until possession and 6–7% lease guarantee for 3 years post-possession (terms as per developer marketing; verify in agreement).

Location Advantages

Sector 19B, Dwarka sits at one of Delhi's most strategically positioned corridors — flanked by the Dabri-Gurgaon Road and the Urban Extension Road II (UER-II). The project is approximately 700 metres from Dwarka Expressway and just a 2-minute drive from the Gurgaon border, making it genuinely accessible from both Delhi and Gurugram. IGI Airport is roughly 15 minutes away, and the Dwarka Sector 21 Metro Station (Blue Line) is about 6 km away, with Sector 19 metro within 5–6 minutes' drive. The area benefits massively from the government's ₹50,000 crore investment in surrounding infrastructure — Yashobhoomi Convention Centre (IICC), the 159-acre India's longest golf course, the 220-acre Bharat Vandana Park, and the upcoming Diplomatic Enclave are all within a few kilometres. Omaxe Mall Dwarka is directly opposite Bharat Vandana Park.

Honest concern: Sector 19B is still a developing zone. Construction activity from multiple adjacent infrastructure projects means dust, noise, and traffic congestion are real day-to-day issues right now. The area's full potential will only be realised once the surrounding DDA projects reach completion — likely 3–5 years out. Metro connectivity directly to this sector remains limited; the nearest metro requires a short drive.

What's Nearby — Schools, Hospitals, Malls

Amenities

The Omaxe State is not a typical amenities checklist — its scale means the facilities are more akin to a sports city than a commercial complex. Here's how they break down:

• Sports — Outdoor: ICC- and FIFA-standard cricket-cum-football stadium with 30,000 seats and a hydraulic pitch; 72 corporate boxes; kabaddi stadium; tennis courts; golf range.
• Sports — Indoor: 2,000-seat multi-sport indoor stadium hosting badminton, basketball, table tennis, boxing, wrestling, and judo; Olympic-size swimming pool; 3 gymnasiums with state-of-the-art equipment; volleyball, squash, and basketball courts.
• Entertainment: 5-screen multiplex (multiplex space fully sold out as of last update); 75,000 sq.ft. e-sports arena for all age groups; 100,000-pax capacity outdoor arena for concerts and cultural events.
• Food & Dining: 42 restaurants across the food district; multi-cuisine food court on the 1st floor; floating restaurant, café, and bar; drive-through QSR zones.
• Hospitality: 5-star hotel and leisure club managed by a world-renowned hospitality brand; 2 banquet halls each with 1,500-pax capacity; invite-only sports club with 3,000+ memberships.
• Retail: India's first air-conditioned high street; 7.5 lakh sq.ft. of retail space; 11 entry points; 2,211 ECS parking.
• Security & Infrastructure: 24×7 power backup; CCTV surveillance; high-speed elevators and escalators; central air-conditioning; sewage treatment plant; rainwater harvesting.

Price & Configuration

The Omaxe State is a purely commercial project — there are no residential apartments or BHK units. Investors can choose from multiple space types across different floors. Prices below are based on channel partner and marketing portal data as of 2024–25:

Payment Plans available: 90:10 plan (90% during construction, 10% at possession — developer claims higher assured returns on 90% paid upfront) and a 50:50 plan for better cash flow management. Assured returns of 12% are offered until possession; 6–7% lease guarantee for 3 years post-possession. These are marketing commitments — always get them documented in the buyer's agreement before booking.

Construction Progress

The Omaxe State is RERA registered under DLRERA2024P0003, officially launched in July 2024. As per channel partner data and marketing material, possession is targeted for December 2027 — approximately 30–36 months from launch. The project is under active construction at Sector 19B, with foundation and structural work underway. The stadium component is being developed simultaneously with the retail high street. No Occupancy Certificate (OC) has been issued as the project is mid-construction. Investors should track quarterly RERA updates on the Delhi RERA portal (rera.delhi.gov.in) using the RERA number DLRERA2024P0003 to verify current construction milestones and any timeline revisions.

Investment Analysis

• Current pricing vs. area average: At ₹1.25–1.60 lakh per sq.ft. for ground-floor retail, The Omaxe State commands a significant premium over existing Dwarka commercial properties (typically ₹40,000–₹80,000/sq.ft. for older stock). The premium is justified in part by the stadium-driven footfall thesis — but it is a thesis, not a guarantee.
• Appreciation potential: Dwarka property prices have broadly doubled in 3 years due to infrastructure tailwinds. If the stadium and IICC ecosystem fully operationalise by 2027–28, analysts tracking the corridor expect 15–25% capital appreciation from current launch prices. Pre-possession resale is already active — 33 resale units were listed on Square Yards within months of launch.
• Rental yield: Developer marketing claims 6–7% post-possession rental yield. For a ₹1 Cr investment, that translates to ₹6–7 lakh per annum in rent. High-street retail in premium Delhi malls typically yields 5–8% — so the claim is within a realistic range, provided footfall materialises.
• Competing projects in same budget:
  • DLF One Midtown, Moti Nagar — residential, ₹25,000–₹30,000/sq.ft., Blue Line metro connectivity, strong brand.
  • Unity One Mall, Rohini — existing operational mall, retail leasing from ₹80,000–₹1,00,000/sq.ft., proven footfall.
  • Signature Global Titanium SPR, Gurugram — commercial SCOs at ₹90,000–₹1,10,000/sq.ft., Dwarka Expressway micro-market.
• Resale demand: Early-stage, but active. The project's unique positioning means resale buyers are largely investors, not end-users — liquidity risk exists if the stadium/retail ecosystem takes longer than expected to stabilise.

Pros and Cons

Pros

• DDA-backed PPP model — government land ownership reduces project abandonment risk significantly compared to a purely private developer project.
• Unique stadium-anchored footfall thesis — a 30,000-seat international stadium is the kind of demand driver that most malls simply cannot replicate. If Delhi gets IPL or international cricket here, footfall numbers will be extraordinary.
• RERA registered (DLRERA2024P0003) — full legal compliance with mandatory disclosures, quarterly updates, and buyer protections under RERA Act 2016.
• Exceptional location infrastructure pipeline — Yashobhoomi, Bharat Vandana Park, Diplomatic Enclave, India's longest golf course, and UER-II all within a 5 km radius — this is genuine government-backed development, not just developer claims.
• Flexible entry points — investment starts at ₹50 lakhs (virtual food court / kiosk), making it accessible to a wider investor base compared to traditional large-format retail.

Cons

• Omaxe's track record has blemishes — the company has faced regulatory challenges, delayed deliveries in other projects, and has been subject to NCLT/RERA complaints in other states. Buyers should research Omaxe's history in their specific city before committing. The Dwarka project benefits from DDA oversight, which is a partial mitigant.
• Extremely high commercial prices — ₹1.25–1.60 lakh per sq.ft. for a project that is still under construction and unproven in terms of actual footfall is a bold ask. The assured return structure is a marketing tool — it is only as reliable as the developer's financial health.
• No direct metro connectivity yet — the nearest metro stations require a 5–10 minute drive. Until a dedicated metro link to Sector 19B materialises, walk-in footfall will be car-dependent, which limits daily retail traffic.
• Construction-phase risks — possession is December 2027. A 3-year construction window in India's commercial real estate sector historically carries delay risk. Monitor RERA portal updates closely.

Who Should Buy This

Ideal for: Investors with a 3–5 year horizon who understand commercial real estate risk and want exposure to Delhi's stadium-driven footfall economy. NRIs seeking commercial property in Delhi with a structured assured-return framework during construction will find this appealing. Business owners looking to set up a flagship outlet in a landmark destination — particularly F&B, sports retail, or entertainment brands — will benefit from early-mover advantage.

Not ideal for: End-users looking for residential property (this is a purely commercial project). Conservative investors who need guaranteed, liquid returns — commercial real estate at this price point requires patience and carries occupancy risk. First-time real estate investors unfamiliar with commercial property leasing dynamics should approach with caution.

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FAQ — Frequently Asked Questions

Q: Is The Omaxe State Dwarka RERA registered?

A: Yes. The project is registered with the Delhi Real Estate Regulatory Authority under RERA number DLRERA2024P0003. You can verify this on the Delhi RERA portal at rera.delhi.gov.in.

Q: What is the possession date for The Omaxe State?

A: As per channel partner data and the project's RERA filing, possession is targeted for December 2027 — approximately 30–36 months from the July 2024 launch. Always verify the latest RERA timeline on the Delhi RERA portal.

Q: What is the price range for commercial spaces in The Omaxe State?

A: Investment starts from approximately ₹50 lakhs for virtual food court kiosks. Ground-floor retail shops are priced at ₹1.25–1.60 lakh per sq.ft., with total investment ranging from ₹50 Lakhs to ₹4.50 Cr+ depending on unit size and type.

Q: Is The Omaxe State a residential or commercial project?

A: It is a purely commercial project — retail shops, food court units, anchor spaces, SCOs, and drive-throughs. There are no residential apartments in this development. Some portals erroneously list residential units — these are resale builder floors in the surrounding Sector 19 area, not part of The Omaxe State itself.

Q: Is Omaxe a reliable builder? What is their track record?

A: Omaxe Limited was founded in 1987 and is listed on BSE and NSE. They have delivered 150+ million sq.ft. across India. However, the company has faced delays in some projects and regulatory scrutiny in certain states. The Dwarka project's DDA-PPP structure provides an additional layer of oversight that partially mitigates typical developer risk — but buyers should still do due diligence on the specific agreement terms.

Q: What is the nearest metro station to The Omaxe State?

A: The nearest metro stations are Dwarka Sector 19 (Blue Line) and Dwarka Sector 21 (Blue Line / Airport Express interchange), both approximately 5–6 km away — a 5–10 minute drive. There is no walking-distance metro connectivity to Sector 19B as of 2025.

Q: Is The Omaxe State a good investment?

A: The location fundamentals are strong — DDA infrastructure investment, stadium-driven footfall, and proximity to IICC and IGI Airport are genuine demand drivers. However, the price point (₹1.25–1.60 lakh/sq.ft.) is aggressive for an under-construction commercial asset, and the assured return structure depends entirely on the developer's financial stability. Suitable for risk-tolerant investors with a 3–5 year view; not suitable for conservative capital preservation.

Q: What payment plans are available for The Omaxe State?

A: Two primary plans are offered — a 90:10 plan (90% during construction, 10% at possession, with 12% assured returns on 90% paid) and a 50:50 plan for investors preferring to stage payments. Verify these terms in the official Builder-Buyer Agreement before booking, as marketing commitments may differ from contractual obligations.