WSB Partners Forays into Tier-II Markets with ₹75 Crore Investment in Omaxe Group Residential Projects
Mumbai, May 26, 2026: Real estate-focused investment firm WSB Partners has made its debut in tier-II markets by injecting ₹75 crore into the publicly listed developer Omaxe Group. The capital infusion is tied directly to residential plotted projects in Indore and Ujjain, two high-growth hubs in Central India currently experiencing robust demand and substantial infrastructure developments. The capital will be utilized primarily to fuel growth, with a portion allocated toward working capital and general corporate reserves, Omaxe Group said in a press release.
This transaction, executed alongside affiliates of WSB Partners and co-investors, highlights a broader industry shift as institutional capital increasingly flows toward India’s tier-II and tier-III cities. Driven by a combination of rising household incomes, better general affordability, and extensive state investments in connectivity, these regions are quickly developing self-sustaining local economies. Furthermore, expanding industrial and spiritual corridors, coupled with lower property entry costs and a historical scarcity of organized, branded housing options, are accelerating local end-user absorption.
Commenting on the investment, Rahul Rajendran, Principal – Investments, WSB Partners, said, “This investment reflects our growing conviction in Tier II and III markets, where we see strong underlying demand supported by infrastructure development and improving affordability. We focus on partnering with developers who bring execution strength and market depth. WSB is also exploring multiple transactions with Omaxe Group in other Tier II/III cities across the country.”
Omaxe Group maintains a highly diversified asset portfolio that spans across residential, commercial, retail, and integrated township developments. The developer has established a substantial geographic footprint and a lengthy track record of execution across North and Central India. This latest funding arrangement reinforces WSB’s ongoing strategy of collaborating with seasoned players to target regional growth through structures anchored in strict cashflow visibility and execution timelines.
Mohit Goel, Managing Director, Omaxe Limited, said, “We are pleased to partner with WSB Partners. This investment strengthens our ability to pursue growth opportunities while maintaining financial flexibility. We remain focused on disciplined expansion across markets where we see sustained demand. Tier II and III cities continue to present significant long-term opportunities, supported by infrastructure growth, improving connectivity, and rising aspiration-led demand.”
