
Omaxe Receives Rs 500 Crore from Oaktree to Boost Project
Omaxe has secured Rs 500 crore in funding from Oaktree Capital to boost its construction plans. The company will use the funds to speed up projects in New Chandigarh, Lucknow, and Faridabad, while also supporting public-private partnership initiatives. The funding comes as Omaxe strengthens its finances. Over the past two years, it repaid Rs 1,285…