Construction

Omaxe secures ₹500 crore from Oaktree Capital to fast-track Dwarka and Amritsar projects

This funding aims to strengthen Omaxe’s core operations and accelerate the delivery timelines for various residential, commercial, and public-private partnership developments.
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Real estate developer Omaxe Group has secured funding of ₹500 crore from funds managed by Oaktree Capital Management.

Oaktree is among the global investment managers specialising in alternative investments.

In a statement, Omaxe said 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.

Expansion plans

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, among others.

According to Mohit Goel, Managing Director, Omaxe, the partnership with Oaktree marks an important milestone.

“The fund infusion enables us to movefaster 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,” Goel said.

Published on July 28, 2025

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