NEW DELHI: Omaxe has leased out a cumulative area of 10.53 lakh sq ft across its commercial properties in Greater Noida, Faridabad, New Chandigarh, Lucknow, and Amritsar so far in the fiscal year 2021-22, the company said in a media release.

In Greater Noida, the company has leased out 6.77 lakh sq ft, 2.95 lakh sq ft in Lucknow, 58,222 sq ft in Faridabad, and 20,000 sq ft in Amritsar.

Currently, it is undertaking the construction of five commercial projects in New Chandigarh, Delhi, Lucknow, Ludhiana, and Faridabad.

“Mall occupancy has gone up across cities and retail sales have touched 90% of the pre-pandemic levels owing to increased consumer spending,” said Jatin Goel, director of the company.

Omaxe recently re-designated Mohit Goel as its new managing director and Rohtas Goel as chairman & whole time director of the company.

As of now, it has 16 operational commercial properties comprising malls, offices, serviced/studio apartments, and high streets across 10 cities.

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