Omaxe Group Raises ₹500 Crore from Oaktree Capital for Expansion

Omaxe Group, one of India’s leading real estate developers, has secured Funding of Rs. 500 crore from funds managed by Oaktree Capital Management L.P. (“Oaktree), a Leader among global investment managers specializing in alternative investments.

The funding will strengthen the company’s core and accelerate delivery timelines for residential, commercial, and public-private partnership (PPP) developments, including its infrastructure, commercial, and residential projects. It will also provide growth capital for Omaxe’s ongoing projects across key markets such as New Chandigarh, Lucknow, Ludhiana, and Faridabad, along with flagship developments like Omaxe State in Dwarka, the upcoming integrated township in Amritsar, and a new township project in Indore, to name a few.

“This partnership with Oaktree marks an important milestone in Omaxe’s growth journey. The confidence that a global investor like Oaktree places in our business is a reflection of the strength of our delivery record and our long-term vision. This Fund infusion enables us to move faster on construction, reduce Market Dependence, and strategically invest in new opportunities that align with our core markets. We believe this partnership will enable us to enhance our geographical presence in many more growth cities, multiplying value for both of us.” said Mr. Mohit Goel, Managing Director, Omaxe Ltd.

Mr. Atul Banshal, Director – Finance, Omaxe Ltd., added, “We have taken meaningful steps to strengthen our balance sheet and improve financial flexibility in the last few years, repaying significant debt while delivering consistent sales growth and creating easily monetisable projects funnel. With no immediate liability to repay, most of the funds would be used for faster execution and create additional headroom to explore expansion in select markets. We would like to thank Team Oaktree, for Partnering with us in this Growth Journey”

In the last two financial years, Omaxe has repaid net Rs. 1285 crore to lenders as principal payment, reducing overall net debt to Rs 300 Crores. The company sold properties over Rs. 3000 crore in FY25, further demonstrating its operational momentum and ability to generate strong cash flows.

Omaxe has delivered over 140.17 million sq. ft. of real estate and construction contracting projects to date as of March 31, 2025, with presence in 8 states and 31 cities. Its portfolio includes integrated townships, group housing, shopping malls, office spaces, and infrastructure-led developments, with a focus on timely delivery and long-term value creation for customers and investors alike.