Omkar Realtors to launch biggest residential project in Mumbai
A Press Conference in Ahmedabad was held by Mumbai based Omkar Realtors & Developers, one of the country’s leading brands in redevelopment, boutique and luxury housing, is launching a 1200-strong residential project in end-November 2017. This low ticket sized boutique inventory offering will be the biggest realty launch across pan-India market post-RERA.
The RERA compliant project, currently codenamed “Passcode Andheri Highway”, consists of 1/2/3 bhk units with the ticket size ranging from Rs. 87 lakh to Rs 1.6 crore onwards (355 sq.ft -710 sq.ft carpet area). The project located on the western express highway of Andheri-Jogeshwari east corridor comes with a record 30 plus amenities and an inventory of 1200 plus apartments as part of Phase 1 launch.
According to Mr Devang Varma, Director, Omkar Realtors : “The project with a fair share of inventory under sub-Rs. 1 crore bracket holds strong attraction for pan-India customers and investors looking at buying in country’s primary realty market. Not only does this ticket sizing compare well with key Gujarat markets; it holds attractive ROI proposition at the current pricing level.” “The Gujarati business community both in Mumbai and from key centres of Gujarat are the biggest investors in Mumbai market and also Omkar projects. In fact, there has been an upswing in recent times with the trading corridor getting additional infrastructural boost.
Mr. Varma added that the buyers are eyeing inventory in areas with upcoming infrastructure developments such as Metro, Mono rail, new link roads connecting the East -West Corridors etc., and Andheri-Jogeshwari is one such key location in Mumbai. It augurs well for the trading and SME communities from Gujarat, especially Ahmedabad, Umbergaon, Silvasa, Surat, Baroda, Rajkot.
The project strategically located on the Western Express Highway enjoying easy access to domestic and international airports comes with flexible payment plans and minimal down payment options.