Omaxe Group has announced major construction milestones and the full repayment of SWAMIH-funded facilities across two key projects in Chandigarh and Prayagraj. With substantial completion achieved at The Lake, New Chandigarh, and the Omaxe Shiva series in Prayagraj, the developer has repaid the entire amount drawn from the SWAMIH Investment Fund through internal cash flows—reinforcing its financial discipline, strong execution capabilities, and sustained customer trust.

The Lake, New Chandigarh is a premium group housing development with a saleable area of 28,00,205 sq. ft., comprising 1,402 units. In Prayagraj, Omaxe Shiva, Shiva 2 and Shiva 3 collectively offer independent floors with a saleable area of 5,60,680 sq. ft., comprising 304 units. Both projects received last-mile credit facilities from the Special Window for Affordable and Mid-Income Housing (SWAMIH), amounting to ₹168.80 crore for development of The Lake, New Chandigarh  and ₹60.40 crore for development of Omaxe Shiva, Shiva 2, and Shiva 3 in Prayagraj.

Against the total sanctioned amount, Omaxe Group prudently utilised and drew 70 cores only as part disbursement, which the company has fully repaid around 80 crore, underscoring its focus on efficient capital deployment, strong internal cash flow generation, and disciplined project execution. With construction now substantially complete across both developments, Omaxe has fully repaid the utilised SWAMIH facility, entirely from internal project cash flows. This milestone reflects the Group’s operational robustness, healthy sales traction, and commitment to responsible, customer-centric development.

Omaxe Group expressed its appreciation to the SWAMIH Investment Fund for its partnership and support, which helped accelerate last-mile construction and ensure timely progress for homebuyers. The company reaffirmed its dedication to delivering high-quality residential environments backed by strong financial governance and transparent execution.

Mr. Mohit Goel, Managing Director, Omaxe Ltd., “Our association with the SWAMIH Fund has been instrumental in advancing these projects to completion. We deeply appreciate their support and partnership. The full repayment of the facility—entirely through internal cash flows—reaffirms Omaxe’s commitment to financial discipline, timely delivery, and responsible development. As we progress, we remain focused on creating high-quality living environments and delivering sustained value for all our stakeholders.”

Mr. Atul Banshal, Director – Finance & Group CFO, Omaxe Ltd., “We are pleased to have fully repaid our obligations to the SWAMIH Fund, reflecting our strong liquidity, prudent financial planning, and the robust performance of these projects. Their support has been valuable in enabling last-mile execution. This milestone further strengthens our financial position and aligns with our ongoing efforts to enhance resilience, reduce leverage, and support the company’s long-term growth trajectory.”

This progress reflects Omaxe’s unwavering focus on disciplined execution and customer trust, further elevating its reputation for delivering high-quality developments. The company remains dedicated to advancing its projects with consistency, transparency, and a continued emphasis on customer-centric growth.