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.

RAHSTA Awards 2026 Opens for India’s Leading Road Developers

RAHSTA (Roads and Highways Sustainable Technologies & Advancement), Asia’s leading road infrastructure platform, has officially opened nominations for the RAHSTA Awards 2026 under the Road Developers category. The awards will honour companies and organisations that are shaping India’s highway infrastructure landscape through innovation, sustainability, quality execution and efficient asset management.Scheduled alongside RAHSTA 2026 on July 8–9, 2026 at the Jio World Convention Centre, Mumbai, the awards have emerged as one of the most respected recognitions for the roads and highways..

Railways To Sell 10 per cent In PSUs To Raise Rs Two Point Six Two tn

The railway ministry has outlined a plan to sell up to 10 per cent stakes in several public sector undertakings as part of a broader asset monetisation drive. The move is designed to unlock value and generate funds for capital expenditure and network modernisation. The programme targets private participation through offer for sale and minority stake divestments across operating and finance entities. The initiative follows previous asset recycling efforts and seeks to capture market interest for strategic holdings. The target for the exercise is Rs two point six two trillion (tn) to be realised..

Cabinet Clears Railway Multitracking Projects Worth Rs 234.37 Billion

The Union Cabinet approved three multitracking railway projects worth Rs 234.37 billion (Rs 234.37 bn) to improve connectivity and ease congestion. The Cabinet Committee on Economic Affairs chaired by the Prime Minister authorised schemes that will expand the Indian Railways network by nearly 901 km across 19 districts. Officials said the projects form part of the PM Gati Shakti National Master Plan for integrated planning. The approved projects include the Nagda-Mathura third and fourth line, Guntakal-Wadi third and fourth line and Burhwal-Sitapur third and fourth line, serving routes in Madh..