Omaxe Fully Repays ₹700+ Crore Debt to Samman Capital (Formerly Indiabulls Housing Finance) Ahead of Schedule

New Delhi, Dec 08th: 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). The repayment, made ahead of schedule from project cash flows, underscores the company’s commitment to prudent financial management, strong cash flow management and disciplined growth.

The company’s association with Samman Capital (formerly IndiaBulls Housing Finance) supported the construction and development of several marquee projects across Lucknow, Faridabad, New Chandigarh, and other key cities. The closure of this facility marks another important step in Omaxe’s ongoing strategy to optimize its balance sheet and enhance financial agility. This milestone builds on Omaxe’s consistent efforts to deleverage and optimize its capital structure, ensuring a more robust foundation for future growth.

Mr. Mohit Goel, Managing Director, Omaxe Ltd., said, “Our association with Samman Capital (formerly Indiabulls Housing Finance) has been instrumental in driving our project execution and expansion across key regions. We value their trust and support through this journey. This early repayment reaffirms Omaxe’s commitment to timely repayments and sustainable financial management. With our balance sheet further strengthened, we are well-positioned to continue delivering high-quality developments and value creation for all stakeholders.”

Mr. Atul Banshal, Director – Finance & Group CFO, Omaxe Ltd., added, “We are pleased to have fully rapaid our obligations to Samman Capital (formerly Indiabulls Housing Finance) well before maturity. Their partnership has been valuable in supporting our development pipeline, and we extend our gratitude for their continued confidence in Omaxe. This milestone reflects the success of our ongoing efforts to improve liquidity, reduce leverage, and strengthen financial resilience. Going forward, we aim to maintain this momentum and explore new avenues for strategic collaborations that support the company’s next phase of growth.”

This achievement follows a series of recent milestones for Omaxe, including strategic capital infusion, strong sales growth, and continued delivery across residential and mixed-use projects in north and central India. Omaxe remains focused on enhancing liquidity, optimizing leverage, and accelerating construction across ongoing developments.