Omaxe in Mullanpur (New Chandigarh)

Protected by Copyscape Unique Content Check
Published: 26th May 2011
Views: N/A

Omaxe in Mullanpur (New Chandigarh):

In year 2010, Omaxe launched Omaxe Chandigarh Extension, an integrated township of international standards, over a huge area of 1,000 acres to meet the growing housing demand of Chandigarh. The project is strategically located in New Chandigarh (also known as Mullanpur) in terms of being close to the upcoming metro line and bus terminals proposed by state government of Punjab. Furthermore, the Omaxe establishment is in close proximity to the city beautiful Chandigarh approximately at a distance of 8 kilometers from the prime landmarks such as PGI (post graduate institute) or Panjab University of Chandigarh.

With a touch of metro living, Omaxe Chandigarh Extension offers dream lifestyle by proposing world class infrastructure and hi-end amenities like good architectural plans for residential and commercial area, Business park with 5 star hotel, space for academic institutes like school, Religious Buildings, recreation clubs with modern facilities and parks. To keep the township green and uncongested, the construction will take 42 percent of the overall area and the rest will remain as an open space.

Residential Plots in Omaxe Chandigarh Extension in Mullanpur

Omaxe Chandigarh Extension in Mullanpur launched residential plots of sizes 200, 300, 500 sq yards in beginning of the year 2010 at a price of Rs 15,050 (INR) per sq yard. These plots are now available on resale at a premium ranges between Rs 5000 to Rs 6000 per sq yard depending upon the location of the plot. In the month of October 2010, the company once again sold their un-allotted plots at a price of Rs 18,000 (INR) as in installment plan and Rs 16,200 (INR) as in down payment and the premium for these plots is approximately in between Rs 2,500- Rs 3,000 again depending on the location.

About Developer

Incorporated as Omaxe Builders Private Limited in 1989, to undertake construction & contracting business, the company changed its constitution to a limited company known as Omaxe Construction Ltd., in 1999. The name of the company has now changed to Omaxe Ltd in 2006.

Omaxe was founded by Shri. Rohtas Goel, a first generation entrepreneur, a civil engineer by qualification and a visionary. With over two decades of experience in construction and real estate development, Rohtas Goel, as Chairman & Managing Director of Omaxe Ltd., has been at the forefront of the real estate industry, following its motto "Turning Dreams into Realty" through building world class residential and commercial projects.

As a civil construction and contracting company, Omaxe successfully executed more than one hundred and twenty industrial, institutional, commercial and residential projects for a number of prestigious Indian private, public sector and Multinational's clients such as Amity University, LG, Pepsi, Samsung, Wave Cinemas, National Brain Research Centre, P.G.I. M.E.R, Apollo Hospitals and Delhi High Court.

To capture the opportunities offered by the growing real estate market in India, Omaxe entered the real estate development business in 2001

This article is copyright

Report this article Ask About This Article

More to Explore