Omaxe Ltd., one of India’s leading real estate developers, has announced the launch of its latest integrated township project, New Amritsar, with a whopping investment of over ₹1,000 crore in the first phase alone. Strategically located just 12 minutes from the revered Golden Temple, the project underscores Omaxe’s ambitious plans to reshape urban living in Punjab. With residential, commercial, and infrastructural elements planned, the township promises to be a self-sustaining, future-ready hub.
Project Overview
Project Highlights
- Name: New Amritsar Township
- Developer: Omaxe Ltd.
- Phase 1 Investment: ₹1,000+ crore
- Land Area Acquired: 260 acres total; 127 acres for Phase 1
- Location: 12 minutes from the Golden Temple, Amritsar
- Product Offerings: Residential plots – 300, 500, and 1,000 sq yards
- Completion Timeline: ~4 years for Phase 1
- Funding Source: Internal accruals, financial closure secured
Strategic Location & Connectivity
The township benefits from robust connectivity enhancements in and around Amritsar:
- Delhi-Amritsar-Katra Expressway (99 km Nakodar-Amritsar branch) – cuts travel time to Delhi and Jammu, completion expected by 2026.
- Amritsar Ring Road – a 98 km greenfield highway currently under construction.
- Elevated Road Corridor – 4.5 km link from central Amritsar with planned university extension.
- Sri Guru Ram Das Ji International Airport – undergoing a ₹300 crore expansion to double capacity.
Township Features & Offerings
Phase 1 of New Amritsar includes:
- Residential plots: 300, 500, 1,000 sq yards
- Commercial spaces and a hotel (in future phases)
- School and exclusive clubhouse
- Community infrastructure:
- Wide internal roads
- Landscaped green areas
- Walking and cycling tracks
- Uninterrupted water & power supply
- 24×7 security
The development adheres to RERA guidelines and has obtained all required approvals.
A Commitment to Punjab’s Urban Growth
Omaxe is reinforcing its commitment to Punjab’s development. The company already operates in:
- New Chandigarh
- Ludhiana
- Patiala
- Derabassi
- Amritsar
- Bathinda
With New Amritsar, the firm aims to repeat the success of its previous projects and establish a benchmark for urban planning in the region.
“New Amritsar represents a natural extension of our vision to create well-planned, modern urban communities that serve both current needs and future growth,” said Mohit Goel, Managing Director, Omaxe Ltd.
“We are committed to building the same trust and delivering a self-sustained ecosystem that supports a better quality of life,” he added, referring to their 1,000+ acre township success in the Tricity region.
Summary Table: Quick Facts
| Feature | Details |
|---|---|
| Project Name | New Amritsar Township |
| Developer | Omaxe Ltd. |
| Investment (Phase 1) | ₹1,000+ crore |
| Land Area (Total / Phase 1) | 260 acres / 127 acres |
| Plot Sizes | 300, 500, 1,000 sq yards |
| Location | 12 mins from Golden Temple, Amritsar |
| Expected Completion | ~4 years |
| Funding | Internal accruals, financial closure achieved |
| RERA Registration | Approved |
| Key Infrastructure Additions | Clubhouse, school, commercial spaces, roads |
FAQ Section
1. Where is the New Amritsar township located?
The township is situated just 12 minutes from the Golden Temple in Amritsar, offering prime accessibility.
2. What types of plots are being offered in Phase 1?
Omaxe is offering residential plots of 300, 500, and 1,000 square yards in the initial phase.
3. Has the project received regulatory approvals?
Yes, the New Amritsar township is RERA-registered and has obtained all necessary clearances.
4. What is the source of funding for this project?
The ₹1,000 crore investment in Phase 1 is funded through internal accruals, with financial closure already secured.
5. What infrastructure developments enhance this township’s connectivity?
Key developments include the Delhi-Amritsar-Katra Expressway, Amritsar Ring Road, elevated road corridor, and an upgraded international airport.