‘Lawns & Beyond’ gets huge response: Omkar
Mumbai based Omkar Realtors & Developers announced obtaining 150 plus EOIs (express of interest) from NRI’s based out of GCC for its forthcoming 1200-plus apartments residential project slated for end-November 2017 launch.
This low-ticket sized boutique inventory, according to the company, offering is the biggest realty launch across pan-India, Post-RERA, by a branded realty player with Dubai-based NRIs leading the customer interest internationally.
The RERA compliant project, “Lawns & Beyond”, 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. On completion, it will be the largest boutique residential gated community in Mumbai.
According to Rahul Maroo, Senior Vice President, Omkar Realtors: “The project with a fair share of inventory under sub-Rs. 1 crore bracket holds a strong attraction for GCC based NRI customers and investors looking at buying in India’s primary realty market. Not only does this ticket sizing compare well with GCC markets; it holds attractive ROI proposition at the current pricing level.”
The project strategically located on the Western Express Highway enjoying easy access to domestic and international airports and is within walking distance of the upcoming metro. It comes with flexible payment plans and minimal down payment options.
Currently, the brand enjoys a 200 plus customer base from GCC markets for its boutique and luxury inventory.
According to Umesh Jandiyal, heading Omkar’s brand facilitation team in Dubai, the marked investment interest level from GCC, especially Dubai investors is indicative of high trust quotient and transparency factor prevalent amongst customers for leading branded players in Mumbai’s residential market.
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