Omaxe Achieves Record Sales with Omaxe Residences and The Grand Europe in Faridabad, Over ₹1,060 Crore Investment Pipeline
Faridabad, March 6, 2026: India's leading real estate developer, Omaxe, has announced a phenomenal market response to its newly RERA-approved luxury and commercial developments in Faridabad by one of its Wholly Owned Subsidiary M/s. Omaxe World Street Pvt. Ltd. The remarkable sales of both the projects, "Omaxe Residences" and "The Grand Europe" clearly demonstrate strong buyer confidence in the brand and highlight the massive demand for ultra-luxury and premium commercial real estate in the city .
Record-Breaking Sales
The initial response to these launches has set a new benchmark in the region. Under Phase 1 of Omaxe Residences, a total of 173 ultra-luxury residential units were launched and within just a few days, 100 percent of inventory has been successfully sold out. Simultaneously, the commercial development, The Grand Europe, saw an even more aggressive uptake. All 120 launched units were completely sold out on the very first day of the launch .
Investment Scale
Highlighting the immense scale of these developments, Omaxe is injecting a combined estimated investment of over ₹1,060 crore into the local real estate ecosystem. As per the CA Certificates submitted to the Haryana Real Estate Regulatory Authority, the estimated project cost for Omaxe Residences stands at ₹927.20 crore, while The Grand Europe is valued at ₹133.78 crore. Both developments are integral parts of the landmark World Street by Omaxe mixed-use project, creating a smart city environment where residents can live, work, shop, and find entertainment in one integrated hub .
Addressing Market Demand
For years, Faridabad has boasted a high concentration of High Net Worth Individuals in legacy sectors such as 14, 15, 16, 17, and 9. However, the city has historically lacked a true ultra-luxury residential address. Omaxe Residences bridges this demand gap by introducing international living standards to the city, featuring average unit realizations of ₹3 to ₹4 crore with virtually no competition in its class. Complementing the residential development, The Grand Europe brings the charm and commercial viability of European-style high streets to Faridabad, offering SCOs starting from 70 square yards .
Sustained Demand Momentum
World Street London Extension, launched in December 2025, also received a strong response from buyers and investors, underscoring sustained demand for premium high-street retail and curated commercial formats in Faridabad .
Strategic Location
Strategically located in Sector 79, these projects benefit from Faridabad's rapidly upgrading infrastructure. They offer seamless connectivity to the Delhi–Mumbai Expressway, the upcoming Jewar Airport, the Bata Chowk Metro Station, and the Manjhawali Bridge. Driven by the limited supply of premium land parcels and strong localized demand from end users and long-term investors, the projects hold significant appreciation potential .
Project Timelines
Omaxe Residences (HRERA-PKL-FBD-848-2026) and The Grand Europe (HRERA-PKL-FBD-849-2026) are slated for completion by December 2030 and August 2030, respectively .
Management Statement
The exceptional response to Omaxe Residences and The Grand Europe reflects the deep trust buyers continue to place in the Omaxe brand. Faridabad has a high concentration of successful individuals but has long lacked an ultra-luxury residential and commercial ecosystem that mirrors global standards. Omaxe is not just fulfilling a massive demand gap; Omaxe is contributing to Faridabad's growth as an integrated, modern urban destination .