Omaxe raises Rs 440 crore from Varde Partners
26th Apr 2022

Omaxe has raised Rs 440 crore from Varde Partners, a leading global alternative investment firm. It will deploy the funds for expediting construction and delivery of its projects as well as for expansion.

Omaxe Group is developing integrated townships in New Chandigarh, Lucknow, Ludhiana, Indore and Faridabad. It is also developing a multilevel parking cum commercial project in PPP model with North Delhi Municipal Corporation in Chandni Chowk, Delhi scheduled for delivery in this fiscal. The Group has so far delivered around 127.89 million sq. ft. (till December 2021) in real estate and construction contracting. 

Omaxe is an India-based company engaged in real estate and infrastructure businesses. The Company operates in two segments Real estate and Construction.