Omkar goups new launch Meridia BKC Crosing, Price Rs. 16500/sq-ft..Worth or Not??

Q: Its says BKC crossing but is actually located at Kurla West

Rakshit, Mumbai

17th October 2014

Residential Project Review in Omkar Meridia, LBS Marg, Mumbai

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Replies (7)

Yes Arup,
And some of the prominent developer who has developing some of the good project here are Kohinoor City Phase-2, Kohinoor City Phase-III, Premier Residences etc.

Shrikant Kejriwal, Mumbai

18th November 2014

Comment

@ Shrikant,
This locality has excellent potential for growth and ROI, and investors are likely to see between 4-8% returns. Average apartment prices in this locality range from Rs. 12500 to 18000/sq-ft. Major builders in this area include Kohinoor Group, DLF etc.. The growth rate in this area is 6%.

Arup rajan, Mumbai

18th November 2014

Hi all,
Kurla is a crowded commercial and residential center located in the eastern suburbs of Mumbai. It is 7 km east of Bandra. The Bandra-Kurla commercial complex, a major hub of business activities in Mumbai, has added the commercial value of Kurla. Kurla railway station lies on the central and harbour railway lines of Mumbai. Lokmanya Tilak Terminus Station, housed in Kurla, has long distance trains. Chhatrapati Shivaji International Airport is about 7 km to the North-West Chhatrapati.

Arup rajan, Mumbai

18th November 2014

Comment

Well Ashish,
Even the locality has excellent connectivity to the other parts of the city through the Lal Bahadur Shastri Marg formerly known as the Old Agra Road is the major road that provides smooth connectivity to Kurla West. The road begins at the southern end of Salsette Island and passes through Kurla and continuing up north into Ghatkopar towards Thane. The Eastern Express Highway is the lifeline for Kurla East which runs from Sion Causeway in the south to Mulund in the North. In addition to major roads and highways, Kurla is well-connected to BEST buses and Maharashtra State Transport buses.

Vinay Dixit, Mumbai

17th October 2014

Comment

Yes,
You are absolutely right. But still there are few units unsold so they wanted to give some special offer on it that's why they are again relaunching this project adding few more units in it.

Established in 2003, Omkar is a leading real estate company headed by its Chairman, Mr. Kamal Kishore Gupta. The construction portfolio of Omkar Builders and developers includes residential and commercial properties.In addition to this, the company also works for infrastructure, oil exploration and shipping sectors.Omkar real estate aims to construct land spaces 20 million sq. ft. in Mumbai Metropolitan Region in the near future.

Vinay Dixit, Mumbai

17th October 2014

Comment

As fas as locality is concerned Kurla is a suburb, located in the north part of Mumbai. The locality is divided into two parts East and West, separated by the Central Railway Line and the entire suburb falls under Zone 5.
Kurla East is bordered by the suburban neighborhoods of Chunabhatti in the South, Chembur in the East and Ghatkopar in the North. Whereas, Kurla West is surrounded by Ghatkopar and Saki Naka to its North, Kalina and the Bandra Kurla Complex to its West and the Sion - Dharavi area to its South across the Mahim Creek.

Ashish Bhoite, Mumbai

17th October 2014

Hi all,
I heard that Omkar is now relaunching this project again around Diwali time. They are quoting Rs16,500/ sq ft. I am not sure whether specifications have changed for the project. The good news is that the dilipated building in front of the property has already gone for redevelopment and so the look and feel of the place should improve a little bit.

Ashish Bhoite, Mumbai

17th October 2014

Comment

Hey,
Even i heard that this project was launched in Year 2014 but still in under construction. What is the reason? How is the developer's track record in the Mumbai Real Estate Market?

Shrikant Kejriwal, Mumbai

17th October 2014

Hi all,
Do you have any update on its possession? Which local body has approved this project? And what about the home loan?

Sankalp, Mumbai

17th October 2014

Comment

Hi Sankalp,
This is a under construction project and expected to be completed by December'2016. Almost all the leading banks and financial institutions are funding this project.

Omkar Meridia is a MMRDA approved project and all the legal approvals are in place.

Padma G, Mumbai

17th October 2014

Hi,
Omkar Meridia, BKC Crossing is a unique boutique residential building that is located in the heart of Mumbai. Omkar Meridia by SMC Real Estate Advisors Pvt. Ltd is right next to the BKC commercial hub which means that the most troublesome aspects of life in Mumbai - traffic jams and excruciatingly long commutes back and forth from work are absolutely averted. It offers 2/3 BHK residential apartment from 1236-1608 sq-ft. Current price is Rs. 16500/sq-ft and will cost around Rs. Rs. 2 Cr to rs. 2.6 Cr.

Padma G, Mumbai

17th October 2014

Comment

It is heard that they are giving assure gold coin gift on all bookings. So, those who are planning for buying property can avail this offer. This is the right time for the home buyers for buying properties.

Sankalp, Mumbai

17th October 2014