The Omaxe State, popularly known as Omaxe Dwarka, stands as one of India’s pioneering commercial spaces, showcasing a cutting-edge concept of high-street retail that is fully air-conditioned and equipped to serve as a 5-in-1 destination. Located in Dwarka Sector 19B, Delhi, this landmark project is spread over an expansive area of 50.4 acres provided by the Delhi Development Authority (DDA) through a public-private partnership (PPP) model with Omaxe Ltd. The project brings to life a world-class commercial and sports infrastructure that is set to redefine the landscape of retail, entertainment, and sports in India.
A Landmark High-Street Shopping Experience
The Omaxe State is India’s first air-conditioned high street retail hub, offering a uniquely immersive shopping experience that rivals the top international destinations. Designed to cater to a broad spectrum of businesses and visitors, it is structured so that 75% of the retail shops are located on the ground floor, enhancing accessibility and footfall. This layout is expected to maximize visibility for retail businesses, as ground-level shops traditionally attract more traffic and create a convenient shopping environment. With ample space and state-of-the-art amenities, Omaxe Dwarka promises an unparalleled experience for shoppers and retailers alike.
Diverse Commercial Spaces for Every Business Need
The Omaxe State goes beyond traditional commercial spaces, offering a range of options such as retail shops, food courts, drive-throughs, and multiplexes that cater to diverse consumer needs. These spaces are designed to appeal to a wide variety of business models, from local boutiques and brand outlets to international franchises and innovative startups. The inclusion of large, open food courts and drive-through services emphasizes the project’s commitment to providing a multifaceted experience, with restaurants, cafes, and fast-food chains that enhance the appeal of this commercial hub.
1. Retail Shops: With a vast range of retail units, the Omaxe State serves as a premium shopping destination where customers can explore everything from luxury boutiques to trendy pop-ups. The diversity of offerings makes it a one-stop shop for fashion, electronics, lifestyle, and much more.
2. Food Courts: The spacious food courts feature an array of cuisines and dining options, catering to diverse tastes and budgets. With an estimated 40+ restaurants and dining outlets, the food court at Omaxe Dwarka is designed to keep visitors engaged and satisfied.
3. Multiplexes: The state-of-the-art multiplexes promise an unmatched entertainment experience. These cinemas will bring the latest in film technology, providing a top-tier viewing experience for movie lovers.
4. Drive-Throughs: To enhance accessibility and convenience, the drive-through options allow visitors to enjoy their favorite fast-food chains and cafes without leaving their vehicles, an attractive feature for families and busy professionals.
A World-Class Sports Arena: ICC & FIFA Standards
In addition to retail and entertainment, The Omaxe State hosts a premier international sports arena that includes facilities adhering to ICC (International Cricket Council) standards for cricket and FIFA (International Federation of Association Football) standards for football. This makes it the first of its kind in India to combine a high-street commercial space with world-class sports infrastructure.
ICC-Standard Cricket Stadium: Designed to meet the highest standards for international cricket matches, the stadium will host events and attract sports enthusiasts from across the nation. Its infrastructure and design also cater to large audiences, with ample seating and facilities for hosting significant tournaments and training camps.
FIFA-Standard Football Stadium: The football stadium is designed per FIFA’s global standards, making it suitable for hosting international matches and tournaments. This not only opens doors for domestic games but also positions the Omaxe State as a prime venue for international leagues and events.
Indoor Games for Commonwealth Events: The sports complex also features indoor facilities that accommodate Commonwealth sports, ensuring a comprehensive setup for various athletic activities. This will include spaces for indoor sports like badminton, table tennis, and other games that are crucial to Commonwealth events, establishing Omaxe Dwarka as an all-encompassing sports hub.
Strategic Location and Accessibility
Situated in Dwarka, a rapidly developing locality in Delhi, The Omaxe State enjoys excellent connectivity to the rest of the city. Dwarka is one of the largest residential areas in Asia, with a well-planned infrastructure that includes a network of metro stations, expressways, and highways. The project’s strategic location not only attracts local residents but also appeals to visitors from other parts of Delhi-NCR, making it a hub for both regular and first-time visitors. This positioning enhances the project’s potential for business success and ensures a constant flow of foot traffic for its various retail and entertainment venues.
Investment Opportunities and Financial Model
The Omaxe State offers a variety of investment options for those interested in capitalizing on this high-potential project. The commercial units are available in both lockable and unlockable formats, catering to different investor preferences. Here’s a breakdown of the financial model:
Starting Price: Investment opportunities start from ₹37.5 lakhs for unlockable spaces, making it accessible for a range of investors, from individuals to corporations.
Lockable Spaces: For a more secured investment, lockable units start from ₹2.9 crore, offering a reliable income stream.
Assured Returns: Investors can benefit from an assured return of 12% per annum until possession, followed by 7% post-possession, making it a lucrative option for those seeking steady returns.
The Five-District Experience
A defining feature of The Omaxe State is its division into five distinct districts, each designed to cater to different lifestyle and entertainment needs. This segmentation provides a well-rounded experience and ensures that visitors find something that appeals to their specific interests, whether it be shopping, dining, entertainment, or sports.
1. Retail District: The core shopping area where leading national and international brands have their outlets, creating a high-street shopping experience that rivals major global markets.
2. Food and Dining District: This area hosts the extensive food courts and premium dining options, with diverse cuisines from around the world that appeal to food lovers and families.
3. Entertainment District: With multiplexes and an array of entertainment options, this district provides everything needed for a fun day out or a family excursion.
4. Sports Arena: A dedicated area that houses the ICC-standard cricket stadium, FIFA-standard football stadium, and indoor facilities for Commonwealth sports, creating a true sports lover’s paradise.
5. Social and Event Spaces: The Omaxe State also provides venues for concerts, exhibitions, corporate gatherings, and social events. These spaces are ideal for large gatherings and serve as a vital part of the commercial ecosystem.
Key Highlights and Future Prospects
The Omaxe State in Dwarka is not just a commercial complex but a landmark development that is expected to attract millions of visitors annually. Its innovative structure, combined with world-class amenities, positions it as a symbol of Delhi’s growing prominence as a global commercial and entertainment hub. This project is anticipated to boost the local economy, create thousands of jobs, and provide a premier destination for retail, sports, and entertainment.
Given the scope and potential of the project, Omaxe Dwarka represents a unique investment opportunity in India’s commercial real estate sector. Its PPP model with DDA, spanning over 50.4 acres, offers stability and trust, making it a solid choice for both seasoned investors and newcomers.
Why Invest in The Omaxe State?
Prime Location: Located in the heart of Dwarka, Delhi, with easy access to major transport hubs.
First-of-Its-Kind Concept: India’s first air-conditioned high-street retail and sports complex with ICC and FIFA-standard stadiums.
High Footfall Potential: 75% of retail shops located on the ground floor, ensuring a steady stream of visitors.
Diverse Offerings: From retail and dining to sports and events, catering to a wide audience.
Attractive ROI: An assured return of 12% during construction and 7% post-possession.
