Omaxe Announces Rs 500 Crore Investment in Mixed-Use Project in Ludhiana

Omaxe Ltd. announced a Rs 500 crore investment in Omaxe Chowk, a mixed-use high-street project in Ludhiana's Ghumar Mandi area. The 5.25-acre development, secured through a competitive Rail Land Development Authority leasehold bid, will combine premium retail, luxury residences, dining, and entertainment. Scheduled for completion by June 2030 under a public-private partnership, the project aims to boost local employment and economic activity while offering a structured urban destination blending commercial and residential spaces.