KUALA LUMPUR, Aug 27 (Bernama) -- Mumbai’s leading realty firm -- Omkar Realtors and Developers -- will launch mixed-use realty hubs with an estimated SGD 4.4 billion (RM13.2 billion) topline revenue under the brand name -- Omkar International District (OID). (1 SGD = RM3.00)
The OID is the first-ever such development of about 65 acres within the key micro market of Mumbai, India. The Expression of Interest (EOI) for the residential inventory on offer is available now with key channel partners (CPs) in the Singapore market, a statement said.
Senior vice-president of the mid-sized conglomerate at Omkar Realtors, Rahul Maroo said the project’s EOI has opened to an encouraging response from the investors and end-users community within India and key International markets including Singapore.
From its International inventory allocation of 150+ units, they have already crossed 90-plus EOI consents from GCC, UK, Hong Kong and Singapore. The NRI investors particularly from the Singapore market are keenly eyeing inventory in areas with upcoming infrastructure developments such as Metro, Monorail and new link roads.
The mixed redevelopment undertaken by Omkar Realtors will see a record 10 million sq. ft development with six million sq. ft. for residential development while balance four million sq. ft. will be retail and commercial development.
The key target customer groups in this micro market spans SME’s, trading community, corporate professionals, media & entertainment industry. The location is one of the most sought after by Mumbai’s film and television fraternity including artistes and production houses.
More information at www.omkar.com
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