Launching Omkar Meridia, Price & Info, 2 & 3 BHK Flats – BKC Crossing
Project Name: Omkar Meridia
Builder: Omkar Realtors & Developers
Location: Kurla West, After Mithi River Bridge
Configuration & Base Price: 2 BHK & 3 BHK
2 BHK Layouts: 1,235 sq.ft Built Up, 1,265 sq. ft. Built Up, 1,281, sq. ft. Built Up
3 BHK Layouts: 1,565 sq. ft. Bult Up, 1,670 sq. ft. Built Up, 1,684 sq. ft. Built Up, 1,722 sq. ft. Built Up
Project Completion: 2016
Builder Reliability: Excellent
Project Approved Banks: All Major Banks
Pricing & Floor Plans: Contact Us
Omkar Meridia – Short Presentation Video
About Omkar Developers
Omkar builders and developers started in 2003. It is a relatively new construction company. However, it has already delivered projects spanning over 4 million sq. ft. area across residential & commercial sectors. The company is currently developing over 20 million sq. ft. area in Mumbai. The future projects in pipeline include development of another 20 million sq. ft. area. They are primarily in SRA Projects.
Omkar Meridia is a huge plot area spread across 9,640 square meters of open land. There will be a total of two building structures, each with 2 wings. They will be over looking the center garden area, as seen by the building elevation in the featured image. There will be a total of 151 flats or apartments in each building. The project is the first of it’s kind in Kurla West location branded BKC Crossing. Omkar is promising possession in 24 months, that is December 2016.
Omkar Meridia is located just a five minute drive from Mumbai’s Central Business District, BKC – Bandra Kurla Complex. It technically comes under Kurla West, right after crossing the Mithi River on BKC Road. Make the first right after Equinox Realty, Essar Group Building junction. The train station is also few minutes away, mostly within a minimum taxi or rickshaw fare.
- Children’s Play Area
- Roof top Garden
- Outdoor Party Area
- Swimming Pool
- Indoor Games Arena
- Jogging Track
- Clubhouse with a Multipurpose Hall
Omkar Meridia – Internal Amenities
As of now the only internal amenity announced are air conditioned apartments. The rest will be disclosed on the initial launch.
There is an absolute starvation of quality residential flats at affordable rates in this area. The other comparable projects are in the heart of BKC and are mostly large, luxurious and aimed at the premium market. This is the first one which has actually hit the market with it’s affordability. The starting price for their 2 BHK and 3 BHK apartments is well in the common working man’s reach. It is also affordable for first time investors who have gathered courage to finally enter into the Mumbai real estate investment.
Work is going on in full swing. On the last visit, they were almost done with the basement. The location is amazingly close to BKC. The only thing you have to do is cross the Mithi River Bridge, which is less than a kilometer away and you are there. Omkar is promising an early delivery date of 2016, which means for investors, they will be in a position to turn around their investment in less than 3 years.
Omkar Meridia – Project Cons
Not really sure if the project will be completed in a span of 24 months. The average time for such large scale projects is normally 36 months. This taking into account the standard delay in the industry. The biggest positive of the project is also it’s biggest negative. It is an upcoming location. The lane that goes in the opposite direction is filled with the old school scrap stores. It is a very congested area, with trucks and cars blaring sounds. Although it is a few minutes away, approximately 1 1/2 km but still could be a deterrent to some of the end user or first time investors.
I would say Yes. The builder reliability is good. The location is upcoming, If you have finally gathered the guts to get into Mumbai’s real estate investment market, then this could be your first foray. Like most other upcoming locations, this would be the one to watch and see over the next coming years. The possibility of success and greater returns is strong in this project.