Mumbai, 16 November, 2017 (GPN) : Mumbai-based Omkar Realtors & Developers on Wednesday announced the launch of its new residential project in the country’s commercial capital, saying it would be ideal for buyers from Hyderabad.
The RERA-compliant project, name Passcode Andheri Highway, comprises 1,200 1/2/3 BHK units in first phase with the ticket size ranging from Rs 87 lakh to Rs 1.6 crore and carpet area of 355 sft to 710 sft.
“The project with a fair share of inventory under sub-Rs 1 crore bracket holds a strong attraction for pan-India customers and investors looking at buying in country’s primary realty market,” said Amar Tendulkar, President -Design & Architecture, Omkar Realtors.
Not only does this ticket sizing compare well with key South markets, it holds attractive RoI (Return of Investment) proposition at the current pricing level, he observed. The real estate company is investment Rs 1,200 crore on the new project which is expected to be completed in three years’ time.
It will meet the investment requirements through internal accruals and advance payments from buyers. The project located on the western express highway of Andheri-Jogeshwari east corridor comes with over 30 premium amenities.
The key customer groups that the company is targeting in Hyderabad include SMEs, trading community, corporate professionals, media & entertainment industry. ENDS