Please find enclosed herewith the copy of Press Release Titled "WSB Invests Rs. 75 Cr in Omaxe Group, Enters Tier II Markets".
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WSB Partners, a real estate-focused investment firm, has invested ₹75 crore in Omaxe Group for residential plotted projects in Ujjain and Indore—both high-growth Tier II markets. The capital will be used as growth capital, with a portion allocated for working capital and reserves. WSB Partners, backed by family offices of Allcargo Group, Navneet Education Limited, and others, has committed approximately ₹4,000 crore across 75+ real estate investments since 2013. Omaxe Group, listed on NSE and BSE since 2007, has delivered 140.17 million sq. ft. of real estate across 31 cities in 8 states. The investment reflects growing institutional capital interest in Tier II and III cities driven by rising incomes, improving affordability, and infrastructure development.
This investment validates Omaxe's Tier II market strategy and brings in capital for expansion in high-growth markets, which could boost investor confidence. The backing of a seasoned real estate investor signals trust in Omaxe's execution capabilities.