The planned project is in Karol Bagh, New Delhi. The nearest metro is Karol Bagh station on the Blue Line (opened 31 December 2005, between Jhandewalan and Rajendra Place), which has a "Karol Bagh Market" gate. In July 2019 the North Delhi Municipal Corporation approved a PPP multi-level car park at Bank Street, Karol Bagh; Omaxe has not published an exact project address.
The Parking Story — What Is Verified
- 3 July 2019: the standing committee of the North Delhi Municipal Corporation approved a multi-level car parking facility "at Bank Street on a public-private partnership (PPP) model", with the corporation keeping 75% of the parking (PTI).
- Architect's design: Gautam & Gautam publish "Omaxe Bagh — an integrated MLCP-commercial project @ Karol Bagh", with fully automated basement parking for 510 cars, a jewellery hub, shopping and a rooftop lounge with restaurants and food courts.
- 6 November 2026: the MCD proposed 14 multilevel parking projects across Delhi, including facilities at Ajmal Khan Road, Karol Bagh and Old Rajendra Nagar in Central district (PTI). This is a separate civic plan, not an Omaxe project.
Listings link the Omaxe project to the Bank Street PPP approval; we have not found an official document confirming that link.
Getting There
Karol Bagh metro station is an elevated Blue Line station with gates including "Karol Bagh Market". Rajendra Place and Jhandewalan are the neighbouring stations.
Frequently Asked Questions
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Disclaimer: General information, not legal, tax or investment advice. This website is run by Saurabh Gupta (SmartCityPlots) and is not the developer's official website; Omaxe is a trademark of its owner. As of November 2026 Omaxe has not published an official price list, unit plans or RERA registration for a Karol Bagh project. No returns are promised. Verify everything in the developer's official documents before you decide.