Private Equity PE-RE Fund Investments
Omaxe raises Rs.500-Cr from Oaktree
Source NSE (opens in a new tab)Economic Times (opens in a new tab)
New Delhi-based publicly listed real estate developer Omaxe has raised INR 500 crore from Oaktree Capital Management.The fresh funds will be used as growth capital for Omaxe’s ongoing projects across 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.