PE-RE Fund Investments

Omaxe raises Rs.500-Cr from Oaktree

Economic Times   NSE  

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.

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