Omkar Realtors Reaches out to NRIs in UK
Mumbai-based luxury housing developer Omkar Realtors & Developers Pvt Ltd in conjunction with DHFL showcased its multi-category real estate inventory at an NRI-focused event on Saturday.
Rahul Maroo, Senior Vice President, Omkar Realtors & Developers while unveiling the brand’s multi-category housing offerings stated that the Indian real estate industry has impacted NRI’s interest positively post major realty reforms undertaken by the government recently.
He further added that the NRI investment sentiment rose sharply since mid-2017; especially for India’s premier realty market – Mumbai whereby investors and retail homebuyers experienced boutique luxury offerings in the sub 1.25 lakh pound sterlings onwards bracket (equivalent to approx. INR Rs 100 lakhs). “While the lower pricing bracket offered compact houses, brands like Omkar have added luxury amenities which was only possible in higher price brackets,” Mr. Maroo stated.
Highlighting the record sales achieved by Brand Omkar in key NRI markets such as Dubai, Sharjah, Singapore, UK, etc, Mr. Maroo revealed that the company sold more than 300 housing units globally within two new projects in Mumbai namely ‘Signet’ and ‘Lawns & Beyond’; both located on the premium Western corridor of Indian’s largest metropolitan city Mumbai.