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Omaxe Secures Rs 450 Million Funding from Kotak Mahindra Bank
Real Estate

Omaxe Secures Rs 450 Million Funding from Kotak Mahindra Bank

In a significant financial move, Omaxe, a prominent name in the real estate sector, has successfully raised Rs 450 million in funding from Kotak Mahindra Bank. This strategic alliance is poised to fuel Omaxe's ambitious projects and fortify its market presence. The infusion of funds comes at a pivotal juncture, aligning with Omaxe's expansion plans and the burgeoning demand for quality real estate solutions. Kotak Mahindra Bank's commitment to this substantial investment underscores the confidence in Omaxe's robust business model and its standing in the real estate landscape. The funding is earmarked for accelerating ongoing projects, introducing innovative offerings, and strengthening financial resilience. This collaboration signifies a synergy between Omaxe's vision and Kotak Mahindra Bank's strategic financial support. This development holds promising implications for the real estate sector, reflecting investor confidence in the industry's potential for growth. Omaxe's successful capital infusion positions it strategically to navigate market dynamics, capitalizing on emerging opportunities. As the real estate landscape continues to evolve, this financial milestone positions Omaxe as a key player poised for sustained success in the dynamic and competitive market.

In a significant financial move, Omaxe, a prominent name in the real estate sector, has successfully raised Rs 450 million in funding from Kotak Mahindra Bank. This strategic alliance is poised to fuel Omaxe's ambitious projects and fortify its market presence. The infusion of funds comes at a pivotal juncture, aligning with Omaxe's expansion plans and the burgeoning demand for quality real estate solutions. Kotak Mahindra Bank's commitment to this substantial investment underscores the confidence in Omaxe's robust business model and its standing in the real estate landscape. The funding is earmarked for accelerating ongoing projects, introducing innovative offerings, and strengthening financial resilience. This collaboration signifies a synergy between Omaxe's vision and Kotak Mahindra Bank's strategic financial support. This development holds promising implications for the real estate sector, reflecting investor confidence in the industry's potential for growth. Omaxe's successful capital infusion positions it strategically to navigate market dynamics, capitalizing on emerging opportunities. As the real estate landscape continues to evolve, this financial milestone positions Omaxe as a key player poised for sustained success in the dynamic and competitive market.

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Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

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Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

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Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

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