New hiring by Omaxe in Uttar Pradesh, Punjab and Haryana made up for more than 56% of the total hiring in 2021; a significant rise in the past two years. An actual view of India Trade Tower, Omaxe New Chandigarh"Tier 2/3 cities are doing pretty well and that's where the actual demand is. That's where
Omaxe has secured new financial assistance totalling Rs 450 crore from Kotak Mahindra Bank Limited and out of this amount, Rs 290 crore has been utilized to repay the facility initially obtained from Varde Partners and the remaining Rs 160 crore will be allocated for development of its projects.
Sunil Goel has withdrawn all his complaints and cases following a settlement with his brother, Rohtas Goel. The dispute arose in 2017 when Sunil Goel was removed from the company. The settlement resolves disputes related to shareholding, directorship, control, and management of Omaxe Group companies.