WSB Invests in Omaxe for Tier II Expansion
Real Estate

WSB Invests in Omaxe for Tier II Expansion

WSB Partners, a real estate-focused investment firm, has invested Rs 750 million in Omaxe Group to support residential plotted developments in Ujjain and Indore.

The investment marks WSB’s entry into Tier II markets and reflects growing institutional interest in emerging cities supported by infrastructure growth, improving affordability and rising housing demand.

According to the companies, the funding will be deployed primarily as growth capital, with a portion allocated towards working capital and reserves. The investment has been undertaken alongside affiliates of WSB Partners and co-investors.

The projects are located in Ujjain and Indore, markets witnessing increased demand due to infrastructure development, improving connectivity and evolving urban ecosystems.

Rahul Rajendran, Principal – Investments, WSB Partners, said the investment reflects the firm’s conviction in Tier II and III markets where strong demand and infrastructure-led growth are creating long-term opportunities. He added that WSB is evaluating additional transactions with Omaxe in other emerging cities.

Mohit Goel, Managing Director, Omaxe Limited, said the investment enhances the company’s financial flexibility while supporting disciplined expansion across markets, demonstrating sustained demand.

Omaxe Group, a listed real estate developer, has a portfolio spanning residential, commercial, retail and township developments across North and Central India.

WSB Partners, a real estate-focused investment firm, has invested Rs 750 million in Omaxe Group to support residential plotted developments in Ujjain and Indore.The investment marks WSB’s entry into Tier II markets and reflects growing institutional interest in emerging cities supported by infrastructure growth, improving affordability and rising housing demand.According to the companies, the funding will be deployed primarily as growth capital, with a portion allocated towards working capital and reserves. The investment has been undertaken alongside affiliates of WSB Partners and co-investors.The projects are located in Ujjain and Indore, markets witnessing increased demand due to infrastructure development, improving connectivity and evolving urban ecosystems.Rahul Rajendran, Principal – Investments, WSB Partners, said the investment reflects the firm’s conviction in Tier II and III markets where strong demand and infrastructure-led growth are creating long-term opportunities. He added that WSB is evaluating additional transactions with Omaxe in other emerging cities.Mohit Goel, Managing Director, Omaxe Limited, said the investment enhances the company’s financial flexibility while supporting disciplined expansion across markets, demonstrating sustained demand.Omaxe Group, a listed real estate developer, has a portfolio spanning residential, commercial, retail and township developments across North and Central India.

Next Story
Infrastructure Transport

Afcons Secures Rs 53.01 Billion Vadhvan Breakwater Contract

Afcons Infrastructure has received the Letter of Award from Vadhvan Port Project for the construction of a 10.14-km-long breakwater at the upcoming Vadhvan Port in Maharashtra. Valued at Rs 53.01 billion, the project will create what is set to become the second longest breakwater in the world upon completion.The contract marks a significant milestone for the marine infrastructure specialist and is expected to play a crucial role in the development of Vadhvan Port, envisaged as India's largest public port and one of the world's biggest container ports.Krishnamurthy Subramanian, Executive Chairm..

Next Story
Infrastructure Energy

India Clean Industry Pipeline Grows 30%

India’s clean industry project pipeline has grown by 30 per cent over a six-month period, reflecting rising interest in low-carbon industrial growth amid geopolitical and supply-chain uncertainty.Mission Possible Partnership’s latest Global Project Tracker shows that India now has the world’s third-largest clean industrial project pipeline by project count, after China and the United States. The country has 65 projects across four sectors and 11 states, representing an estimated $433.07 billion investment opportunity in clean fuels, chemicals and low-carbon manufacturing.The pipeline inc..

Next Story
Infrastructure Urban

Kärcher Showcases Professional Cleaning Solutions

Kärcher India recently showcased its professional cleaning solutions portfolio for commercial, industrial, hospitality, healthcare, retail, automotive and institutional applications. The range includes cleaning agents and detergents designed to support efficiency, material safety, operational reliability and hygiene across multiple environments.Under floor cleaning, Kärcher offers solutions such as FloorPro Deep Cleaner RM 751, FloorPro Shine Cleaner RM 755, FloorPro Fine Stoneware Cleaner RM 753, FloorPro Crystallising Agent RM 749 and High Gloss Crystallising Powder RM 775. These products ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement