WSB Partners, a real estate-focused investment firm, has made a significant move into tier II markets with a ₹75 crore investment in Omaxe Group. This funding is directed towards residential plotted projects in Ujjain and Indore, two high-growth tier II markets that are experiencing robust demand and ongoing infrastructure development.
Tier II and III cities are increasingly attracting institutional capital, driven by rising incomes, improved affordability, and substantial infrastructure investments. The expansion of industrial and spiritual corridors, enhanced connectivity, and evolving social infrastructure are fostering self-sustaining local economies. Additionally, lower real estate prices and limited supply of branded developments are accelerating end-user demand and absorption in these regions.
The capital from WSB Partners will primarily be used as growth capital, with a portion allocated towards working capital and reserves. This investment, made alongside affiliates of WSB Partners and co-investors, underscores WSB’s continued focus on partnering with established developers to capitalise on opportunities in high-growth tier II and III markets. Their strategy is anchored in strong execution capability, cashflow visibility, and disciplined structuring.
WSB Partners is a real estate-focused investment firm with a strong track record of investing across diverse markets and asset classes. Since 2013, the company has committed approximately ₹4,000 crore in capital across more than 75 real estate investments. WSB Partners is backed by the family offices of Allcargo Group, Navneet Education Limited, Mahavir Agency, and BAsoil Advisory.
Omaxe Group, established in 1987, is one of India’s leading real estate development entities. Listed on both the National Stock Exchange of India Ltd. and BSE Ltd. since 2007, Omaxe has delivered approximately 140.17 million square feet of real estate across 31 cities in eight states. Its diverse portfolio includes residential, commercial, and integrated township projects. With over three decades of experience, Omaxe has consistently focused on delivering high-quality developments that meet the evolving needs of urban India.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).