Omaxe Clears Rs 7+ Bn Debt to Samman Capital Early

Omaxe has fully repaid more than Rs 7 billion of debt to Samman Capital (formerly Indiabulls Housing Finance), settling the facility ahead of schedule through project-generated cash flows. The company stated that the repayment underscores its focus on disciplined financial management, strong cash flow planning and balance-sheet optimisation.

The financing relationship with Samman Capital had supported the development of several major projects in cities including Lucknow, Faridabad and New Chandigarh. With this early closure, Omaxe has taken another step in its ongoing deleveraging strategy aimed at enhancing financial agility and creating a stronger foundation for future expansion.

Omaxe noted that the partnership with Samman Capital has been instrumental in project execution across key regions and reaffirmed its commitment to timely repayments and sustainable financial practices. The company added that its strengthened balance sheet positions it to continue delivering high-quality developments and value for stakeholders.

The milestone follows recent progress in capital infusion, robust sales performance and steady delivery across residential and mixed-use projects in north and central India. Omaxe plans to maintain this momentum as it evaluates strategic collaborations to support its next phase of growth.

Related Stories