Omaxe Group has raised ₹500 crore in growth capital from funds managed by Oaktree Capital Management LP, a global alternative investment firm. The capital infusion aims to support the real estate company’s ongoing and upcoming developments across several Tier 2 and Tier 1 markets.
The company disclosed the investment in a regulatory filing. The funds will be deployed towards expediting project timelines and strengthening Omaxe’s portfolio of residential, commercial, and public-private partnership (PPP) projects.
According to the company’s official statement, the funding will be channelled into key geographies, including New Chandigarh, Lucknow, Ludhiana, and Faridabad. It will also aid the progress of larger integrated developments such as the Omaxe State project in Dwarka, the new township in Amritsar, and a planned township in Indore.
This move comes as part of Omaxe’s broader strategy to consolidate its market presence and advance the delivery schedule of its under-construction assets. The company stated that the partnership with Oaktree will improve capital availability and reduce reliance on short-term debt or market-driven liquidity.
Mohit Goel, Managing Director of Omaxe Ltd, noted that the association with a global fund like Oaktree reflects the group’s project delivery track record and long-term planning. He added that the investment will enable faster execution, strengthen operations, and support entry into strategically aligned markets.
Atul Banshal, Director of Finance at Omaxe, highlighted that the company has taken measures in recent years to enhance financial stability. He said that the group has reduced its net debt to ₹300 crore through repayments of ₹1,285 crore to lenders over the past two financial years. The company recorded property sales exceeding ₹3,000 crore in FY25.
The company also informed the markets that most of the incoming capital from Oaktree will be used for project execution, with no immediate repayment obligations. This is expected to free up resources to pursue expansion opportunities in selected regions.
In a separate update on the same day, Omaxe announced that it had raised ₹431 crore through a private placement of 43,100 non-convertible debentures (NCDs), issued by its subsidiary Omaxe New Chandigarh Developers Pvt Ltd. The NCDs, each with a face value of ₹1 lakh, are part of the company’s plan to raise capital for ongoing business growth.
The twin fundraises — ₹500 crore from Oaktree and ₹431 crore through NCDs , mark a notable step in the company’s financial and operational roadmap. Omaxe has been focusing on balancing capital structure while sustaining a pipeline of monetisable real estate assets in emerging and established markets.
Founded in 1987, Omaxe is active across residential townships, shopping malls, group housing, and commercial projects. The group has developed projects in over 30 cities in India and continues to focus on large-scale integrated developments in Tier 1 and Tier 2 cities. The latest funding from Oaktree underlines the growing interest of global investors in India’s real estate development platforms, particularly those with strong balance sheets and diversified portfolios.
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