The repayment—made entirely through cash flows from ongoing projects—signals renewed financial discipline, robust liquidity, and a sharper balance sheet for the developer.

Early Repayment Strengthens Omaxe’s Balance Sheet

Omaxe said the repayment was part of its broader deleveraging strategy aimed at improving financial agility and preparing for its next phase of growth.

The facility from Samman Capital had helped Omaxe execute several major developments in Lucknow, Faridabad, New Chandigarh, and other key markets. Closing this exposure ahead of maturity underscores the company’s improved operational performance and efficient cash management.

Management Speaks: “A Reflection of Trust & Disciplined Execution”

Mohit Goel, Managing Director, Omaxe Ltd, said the long-standing partnership with Samman Capital was critical in fueling expansion across multiple markets.

“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 for all stakeholders.”

Atul Bansal, Director – Finance & Group CFO, highlighted that the repayment was completed well before the due date:

“This milestone reflects our ongoing efforts to improve liquidity, reduce leverage, and strengthen financial resilience. We extend our gratitude to Samman Capital for their support.”

Part of a Larger Turnaround Play

The successful repayment follows a series of positive developments for Omaxe, including:

• fresh capital infusion,
• strong quarter-on-quarter sales momentum,
• accelerated delivery across residential and mixed-use projects.

The company aims to maintain its deleveraging trajectory while pursuing new strategic collaborations that can support expansion across north and central India.

Also Read: Omaxe Group Launches The Omaxe State with ₹2,500 Crore Investment

The post Omaxe Clears ₹700+ Crore Debt to Samman Capital Ahead of Time appeared first on Square Feat India.

According to Crisil Ratings, the new directions strike a balance between financial discipline and credit flow flexibility, helping banks support India’s capital expenditure outlay of ₹125–135 lakh crore over FY26–30.

Key Relief Measures in Final Directions (vs Draft 2024)

“Compared with the 2024 draft, these final directions reduce provisioning burdens and improve ease of doing business for lenders,” said Subha Sri Narayanan, Director, Crisil Ratings.

Strengthened Guardrails for Safer Lending

In addition to reducing provisioning costs, the guidelines introduce new risk management norms:

• Limit on number of lenders and exposure per lender in consortiums to promote accountability
• Step-up provisioning based on the number of quarters for which DCCO (Date of Commencement of Commercial Operations) is extended
• Stricter norms on cumulative DCCO deferment (Infra: 3 years, Non-infra: 2 years)
• Land availability/right of way checks as a condition for disbursement

“These provisions encourage earlier recognition of stress and more proactive resolution strategies,” Crisil noted.

Expert Insights

“These directions will provide a growth fillip, with many lenders waiting for clarity. The lower provisioning and prospective implementation ease the burden significantly,” said Sonica Gupta, Associate Director, Crisil Ratings.

“Even with higher provisions for under-construction assets, the impact on interest rates will be marginal due to strong profitability and capital buffers of lenders.”

Summary Box: Why These Guidelines Matter

• Lower credit provisioning = lower lending costs
• Only new loans impacted (prospective application)
• Better alignment between project risks and capital buffers
• Supports India’s ₹125 lakh crore infra pipeline (FY26–30)

Also Read: RBI Keeps Repo Rate Unchanged

The post RBI’s New Project Finance Rules Ease Pressure on Lenders, Boost Growth Prospects appeared first on Square Feat India.

According to data from Urban Money, a FinTech venture by Square Yards, women not only represent a significant share of total home loan borrowers but also show higher year-on-year growth in disbursal value — an indicator of rising financial empowerment and property ownership among women.

 Women Home Loan Trends (FY 2025):

Source: Urban Money (FY 2025)

 Other Key Home Loan Market Highlights:

• Home loan volume in major cities grew by 10% year-on-year
• Loan value disbursed grew by 15%, driven by premium property demand
• High-ticket loans (₹1 crore+) now make up 21% of total disbursals
• Loans below ₹45 lakh account for 47%, and ₹45 lakh–₹1 crore make up 32%

 City-Wise Average Home Loan Disbursed:

 Industry Insight

Amit Prakash Singh, CBO of Urban Money, said:

“The rising share of women in homeownership is more than just a financial trend — it’s a social shift. We are seeing more women independently securing larger loans, faster than ever before.”

 What’s Driving This Shift?

• Government incentives for women borrowers (like lower stamp duty, tax benefits)
• Changing social norms and increasing income participation
• Fintech platforms like Urban Money simplifying and speeding up the process
• Premium property demand and dual-income household financing

With over ₹61,000 crore worth of secured loans disbursed and a robust network of 50,000+ agents, Urban Money is now India’s largest digital distributor of home loans. And if current trends continue, the next wave of homeownership in India will be increasingly female-led.

Also Read: Your Home Loan Interest To Remain Unchanged

The post 1 in 5 Home Loans Now Taken by Women appeared first on Square Feat India.

Knowledge Realty Trust (KRT) – Key Highlights

• Sponsors: Sattva and Blackstone
• Portfolio Size: 48 million sq. ft. (37 million sq. ft. completed) across 30 Grade A office assets in six cities
• Market Strength: 95% of the portfolio’s value is concentrated in India’s top three office markets – Bengaluru, Hyderabad, and Mumbai
• Largest REIT in India by Net Operating Income (NOI) and Gross Asset Value (GAV)
• Second Largest in Asia by leasable area
• High-Quality Occupancy: 90% leased to marquee tenants, including 76% MNCs and 45% Global Capability Centers (GCCs)

Key Assets in the Portfolio

• Sattva Knowledge City: 7.3 million sq. ft.
• Sattva Knowledge Park: 3.3 million sq. ft.
• One BKC: 0.7 million sq. ft.
• Image Tower: A 400-foot-tall business park under construction in Hyderabad, developed under a Public-Private Partnership (PPP) with the Telangana government
• Sattva Global City: 12.3 million sq. ft. spanning 71.2 acres
• One International Centre: 1.8 million sq. ft.
• One Unity Centre: 1.0 million sq. ft.
• One World Centre: 1.7 million sq. ft.
• Cessna Business Park: 4.2 million sq. ft.
• Sattva Softzone: 1.0 million sq. ft.

Financial Strength & Market Position

• NOI Growth: Projected 18% CAGR (FY25-27)
• MTM Potential: 15% upside
• Low Loan-to-Value (LTV) Ratio with a robust Right of First Offer (ROFO) pipeline, including 7 million sq. ft. across four identified assets
• WALE: 8.6 years, ensuring long-term lease stability
• Sustainability Focus: 63MW solar power, green-certified buildings, waste recycling initiatives, and energy-efficient infrastructure

Blackstone’s Continued Confidence in India

Following its success with Embassy, Mindspace, and Nexus REITs, this will be Blackstone’s fifth public listing in India, reinforcing its long-term commitment to the country’s commercial real estate sector.

Sattva Group’s Market Legacy

Sattva Developers Private Limited has been a prominent player in India’s real estate industry for over three decades. With 74 million sq. ft. of completed projects across seven cities and an additional 75 million sq. ft. under planning, the group has earned accolades such as the ET Best Realty Brand 2024 and IGBC Green Champion Award. The company also boasts an upgraded CRISIL ‘A+/Stable’ rating since 2022.

India’s Strong Office Market Fundamentals

• Fastest-growing major economy with stable interest rates
• Global Capability Center (GCC) hub: India holds a 58% share in the global outsourcing market
• Competitive Edge: Cost arbitrage, STEM talent pool, and a skilled, English-speaking workforce
• Grade A Office Demand: Expected to outpace supply, with 82 million sq. ft. in demand projected for CY24

Key Personnel Leading the IPO

• CEO: Shirish Godbole (Former Morgan Stanley, Goldman Sachs)
• COO: Quaiser Parvez (Former CEO, Nucleus Office Parks)
• Sponsor Board Members:
  • Blackstone: Tuhin Parikh
  • Sattva Group: Bijay Agarwal, Shivam Agarwal

The KRT IPO is set to redefine India’s REIT landscape, offering investors a diversified and high-quality office asset portfolio backed by two of the most trusted names in real estate. The proposed REIT listing is expected to attract strong institutional interest and further solidify India’s position as a global hub for commercial real estate investments.

Also Read: Arkade Developers Raises ₹122.40 Crore Ahead of IPO

The post Sattva Group and Blackstone File Draft Offer Document for India’s Largest REIT IPO appeared first on Square Feat India.