Omaxe Group, one of India's leading real estate developers, has announced the launch of New Singapore, an expansive new phase at World Street by Omaxe in Faridabad by M/s Omaxe World Street Pvt. Ltd., a Wholly Owned Subsidiary of Omaxe Ltd. With a project value of X600 crore, this development will elevate World Street's global appeal, introducing an international high-street experience that blends premium retail, hospitality, and entertainment.
Since its launch in 2010, World Street by Omaxe has transformed into North India's largest mixed-use development, spanning over 120 acres. With 27 acres already operational, the destination is home to 250+ top brands and records a daily footfall of 15,000-20,000 visitors, exceeding 1 lakh during festive seasons and special occasions. Its strategic location and world-class infrastructure have made it a preferred choice for real estate investors, witnessing significant price appreciation over the years.
New Singapore, a RERA registered commercial colony under mixed land use, spread across 11.59 acres, will further enhance this thriving ecosystem with 1.5 million sq. ft. of retail space, offering a world-class shopping and lifestyle experience. Inspired by Singapore's modern urban design, the development integrates grand plazas, elegant walkways, lush green landscapes, and thoughtfully curated public spaces, creating a seamless and engaging environment for visitors. A dedicated 1,000+ car parking facility has also been planned to ensure a seamless shopping experience.
Adding to its vibrancy, Clarkee, a RERA registered commercial colony under mixed land use, a first-ofits-kind party and nightlife district, spread across 1.9125 acres, will be a major highlight within New Singapore. Designed as Faridabad's ultimate nightlife destination, Clarkee will host 15+ nightclubs, bars, and restaurants, offering an electrifying social scene. This nightlife hub will transform New Singapore into a 24/7 lifestyle hotspot, catering to the city's growing demand for premium entertainment and leisure experiences.
With its prime location along a 60-meter-wide arterial road and excellent connectivity to the DelhiMumbai Expressway, FNG Expressway, and Jewar Airport, New Singapore will attract leading international and domestic brands, reinforcing World Street's status as the premier commercial and retail destination in Faridabad.
The New Singapore at World Street by Omaxe is a milestone in Faridabad's commercial evolution. This expansion will bring a world-class retail and lifestyle experience that rivals top international destinations. Faridabad's growing demand for premium commercial spaces makes this the perfect time to introduce a project of this scale and vision.
With this launch, World Street by Omaxe continues to set new benchmarks in urban retail and commercial development, solidifying its position as the most iconic shopping and entertainment hub in North India. The introduction of New Singapore marks the next chapter in its journey, offering an unparalleled investment and lifestyle opportunity in the heart of NCR.
Shares of Omaxe Limited was last trading in BSE at Rs. 79.13 as compared to the previous close of Rs. 78.12. The total number of shares traded during the day was 6899 in over 214 trades.
The stock hit an intraday high of Rs. 81.60 and intraday low of 76.56. The net turnover during the day was Rs. 551342.00. |
