Omaxe Secures Rs 5 Billion From Oaktree For Expansion

01 Aug 2025 CW Team

Omaxe Group has raised Rs 5 billion in funding from Oaktree Capital Management LP, a global investment firm specialising in alternative investments, to fuel the development of ongoing projects and support future growth plans.

In a regulatory filing dated 28 July, the company confirmed that the funds will support construction and infrastructure development across key markets, including New Chandigarh, Lucknow, Ludhiana, and Faridabad. The capital will also be directed towards flagship projects such as Omaxe State in Dwarka, an upcoming integrated township in Amritsar, and a new township in Indore.

According to Omaxe, the investment will strengthen its financial core, expedite project delivery timelines across residential, commercial, and public-private partnership (PPP) ventures, and reduce its reliance on market-linked funding.

“This partnership with Oaktree marks an important milestone in Omaxe’s growth journey,” said Mohit Goel, Managing Director of Omaxe Ltd. “The confidence shown by a global investor like Oaktree is a reflection of our delivery record and long-term vision.”

Atul Banshal, Director - Finance, noted that the company has repaid net principal debt of Rs 12.85 billion over the last two financial years, reducing net debt to Rs 3 billion. He added that most of the newly raised funds will be used for faster execution and to explore new opportunities in select markets. Omaxe recorded sales of over Rs 30 billion in FY25.

Separately, the company announced earlier on 28 July that its subsidiary, Omaxe New Chandigarh Developers Pvt Ltd, has raised Rs 4.31 billion through a private placement of 43,100 non-convertible debentures (NCDs), each valued at Rs 1 lakh. This capital will also support business expansion efforts.

The combined funding initiatives underline Omaxe’s continued efforts to strengthen its balance sheet and drive growth in India's evolving real estate landscape.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..