Mumbai-based realty major Omkar Realtors & Developers has lined up a new 1200-strong residential project to be completed by end of November 2017. This low ticket-sized boutique offering will be the biggest realty launch across pan-India market post-RERA, said the company.

The RERA-compliant project, 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 sqft -710 sqft 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 company spokesperson Animesh Das, Head Channel Partners, 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 MP markets; especially Indore, it holds attractive ROI proposition at the current pricing level.”

Das 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.

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.

The key target customer groups in this micro market spans SMEs, trading community, corporate professionals, media & entertainment industry. The location is one of the most sought after by Mumbai’s film and television fraternity including artistes and production houses.

Omkar has a 4,000-strong customer base including pan India locations and global NRI communities. The customer and investors traction has been on the increase from Central region markets particularly Indore, Bhopal in the country’s premier market with trading communities accounting for a major chunk of investments.

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