Omaxe Mulberry Villas

By: Omaxe Limited in Mullanpur

Project Highlights:

• RERA registered
• PUDA approved

About Project:

Omaxe Mulberry Villas in Mullanpur, Chandigarh are intended to offer awesome living experience and an extraordinary way of life. The houses are loaded down with the best of amenities to provide relieve the living experience.

Omaxe Mulberry Villas offers 4 BHK Villas which is designed in such a way that these Villas comprises of wide space with proper ventilation at every corner of the house. The interiors are beautifully crafted with designer tiled floor, granite counter slab in kitchen, modern sanitary fittings in the bathroom and huge windows for proper sunlight.  The amenities offered in Omaxe Mulberry Villas are Gymnasium, Play Area, Club House, Tennis Court, Gated community, 24Hr Backup Electricity and Security. The project offers plenty of benefits that includes prime location, comfortable and lavish lifestyle, great amenities, healthy surroundings and high return.

Omaxe Mulberry Villas is built by Omaxe Construction Ltd. It's a leading group in real-estate market in Chandigarh. The team of this builder group is known for its superior work and punctual delivery of high-end Residential Villas developed precisely in accordance with the pre-defined specifications.

Contrasted with the huge number of luxuries and a serene presence away from the hustle of occupied urban communities cost would be a minor choice at Omaxe Mulberry Villas.

Address:

Mullanpur, Chandigarh,

Punjab

RERA ID: PBRERA-SAS80-PR0033

Advantage Of Project Location:

• 7.8 Km International Divine College of Education 11 min to Drive
• 2.9 Km ITFT 4 min to Drive
• 13 Km DHARAM HOSPITAL 20 min to Drive
• 14.4 Km Max Super Specialty Hospital, Mohali 26 Min to Drive

Mullanpur, also called New Chandigarh, is a small town on the outskirts of Chandigarh. It gets its name from Garibdass, who founded the town. It’s an upcoming area, with many progressive planned developments like non-polluting industries and world-class hospitals.

Greater Mohali Area Development Authority (GMADA) has designated Mullanpur as an eco-city. Plot allocation and land acquisition is already underway. The town will be made up of 32 villages. Besides the GMADA, other developers like DLF, Omaxe, and Altus have also initiated large projects here. It’s going to be a low density development region with around 1000 people per acre.

Connectivity and Transit Points

Mullanpur is connected to Chandigarh by DLF Mullanpur Road and Kurali Chandigarh Road.

Mullanpur’s proposed road networks are being planned keeping in mind development over the next 50 years. Four major roads will connect the town with Mohali, Chandigarh, Panchkula, Zirakpur, Baddi, Kharar, Sirhind, and the Mohali airport.

Two metro stations and one junction are set to come up in the area. This metro system will be connected to the planned Chandigarh Metro, which is expected to be operational in 2018.

While the nearest railway station, Chandigarh Junction, is around 17 km away, Chandigarh Airport is at a distance of 19 km from here.

Currently, most transit points are located in the main Chandigarh area, with a few bus stops in the Mullanpur area.

Major Landmarks

•   Dhanas Bus Stop
•   Botanical Garden
•   Shiv Mandir
•   Army Area

Factors for Growth in the Past

The main factor fuelling growth in Mullanpur is the proximity to the city of Chandigarh and its satellite towns, many of which are close to reaching the saturation point, both in terms of population and real estate. With land prices soaring in Chandigarh, Mullanpur is quickly becoming an attractive option for developers and investors alike.

Residential and Commercial Market

Residential Market Trends

The real estate market in Mullanpur is dominated by independent houses and flats. A large percentage of the area is still under development.

Buying price can range from Rs 100 per sq. ft., for plots in Mullanpur , to Rs 30,000 per sq. ft. for premium housing.

Commercial Market Trends

There’s a lot of potential for commercial development in Mullanpur. Buying commercial real estate can cost anywhere between Rs 500 per sq. ft. to Rs 1 lakh per sq. ft.

Major Challenges

Most of the area in Mullanpur is still under development, and will be for quite some time. This means that construction noise and debris might be a problem for people until most of the work is finished.

Transportation might also prove to be a problem since it’ll take some time to set up the public transport systems.

Factors for Growth in the Future

Mullanpur area is a great investment opportunity because of its connectivity and prime real estate. Apart from the GMADA, private developers like OMAXE, DLF, Altus Space Builder, Reliance Group, Ansals, and Rahejas are developing this area.

There’s an ‘edu-city' and a ‘medi-city’ in the works as well, which will bring reputed institutions to the town. Companies like ARK Microsystems have already set up offices in Mullanpur and more are likely to follow.

The introduction of the planned metro system and roads will ensure that Mullanpur is very well connected, making it a premium location.