Bharat Neeti

BHARAT NEETI

Be Ahead With Economy And Policy Updates

BHARAT NEETI

Be Ahead With Economy And Policy Updates

Omaxe Fully Repays ₹700+ Crore Debt to Samman Capital Ahead of Schedule

WhatsApp
Copy link
URL has been copied successfully!

New Delhi: Omaxe Group, one of India’s leading real estate developers, has successfully repaid its entire ₹700+ crore debt exposure to Samman Capital (formerly Indiabulls Housing Finance) ahead of schedule. The repayment, funded through project cash flows, highlights the company’s strong financial discipline, prudent cash flow management, and commitment to sustainable growth.

The association with Samman Capital played a pivotal role in supporting the construction and development of marquee projects across Lucknow, Faridabad, New Chandigarh, and other key cities. With the closure of this facility, Omaxe has taken another significant step in its ongoing strategy to deleverage, optimize its capital structure, and strengthen its balance sheet for future expansion.

Company officials emphasized that this early repayment reaffirms Omaxe’s commitment to timely repayments and financial resilience. The strengthened balance sheet positions the developer to continue delivering high-quality residential and mixed-use projects while creating long-term value for stakeholders.

Omaxe expressed gratitude to Samman Capital for its trust and support, noting that the partnership was instrumental in driving project execution and expansion across key regions. The company reiterated its focus on enhancing liquidity, reducing leverage, and accelerating construction across ongoing developments.

This milestone follows a series of recent achievements for Omaxe, including strategic capital infusion, strong sales growth, and consistent delivery across projects in north and central India. Looking ahead, Omaxe aims to maintain its momentum and explore new avenues for strategic collaborations to support its next phase of growth.

You are warmly welcomed to India’s first On-Demand News Platform. We are dedicated to fostering a democracy that encourage diverse opinions and are committed to publishing news for all segments of the society. If you believe certain issues or news stories are overlooked by mainstream media, please write to us. We will ensure your news is published on our platform. Your support would be greatly appreciated if you could provide any relevant facts, images, or videos related to your issue.

Contact Form Demo