{"id":5159,"date":"2019-07-31T05:54:45","date_gmt":"2019-07-31T05:54:45","guid":{"rendered":"https:\/\/www.commercialproperty.review\/?p=5159"},"modified":"2026-10-15T08:46:23","modified_gmt":"2026-10-15T08:46:23","slug":"review-investment-in-omaxe-world-street-sector-79-faridabad-loss-or-profit","status":"publish","type":"post","link":"https:\/\/www.commercialproperty.review\/index.php\/2019\/07\/31\/review-investment-in-omaxe-world-street-sector-79-faridabad-loss-or-profit\/","title":{"rendered":"Review : Investment in Omaxe World Street, Sector 79, Faridabad, Loss or Profit"},"content":{"rendered":"

<\/strong>
\nAs per Location<\/strong>
\nOmaxe World Street, the commercial complex is situated in the main connecting road of sector 79 Faridabad. This retail commercial complex has wide frontage. The project is properly visible and walkable. So the location of the Omaxe World Street market is very impressive.<\/p>\n

It is the only retail commercial complex for thousands of families of the Omaxe Royal Residency residential project. We can say that this is the best location market for the daily needs of nearby residential societies.<\/p>\n

Possession | Construction Update<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Construction Status<\/strong><\/td>\nA half portion of Omaxe World Street is in the services since the year-2019.<\/td>\n<\/tr>\n
Launch\/Start Date<\/strong><\/td>\n1-10-2018<\/td>\n<\/tr>\n
Possession Date (RERA)<\/strong><\/td>\nComplete Project- December-2021<\/td>\n<\/tr>\n
RERA Registration No<\/strong><\/td>\nOmaxe World Street- 114 OFF 2017 DATED 28.8.2017<\/span><\/a><\/td>\n<\/tr>\n
Construction Stage<\/strong><\/td>\nOngoing Phase – 3 & 4<\/td>\n<\/tr>\n
Construction Company<\/strong><\/td>\nOmaxe Limited<\/td>\n<\/tr>\n
Promoter Name<\/strong><\/td>\nRobust Buildwell Private Limited<\/td>\n<\/tr>\n
Land Area<\/strong><\/td>\n50 Acre<\/td>\n<\/tr>\n
Live Updates<\/strong><\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

ALSO READ:\u00a0Jevar Airport Impact on Delhi NCR Real Estate<\/a><\/span><\/strong><\/p>\n

ALSO READ:\u00a0RERA Loopholes<\/a><\/span><\/strong><\/p>\n

ALSO READ:\u00a0Which payment plan is better for commercial property investment<\/a><\/span><\/strong>\u00a0<\/span><\/p>\n

Advantages | Good Factors <\/strong>
\nThe layout design of Omaxe World Street is very impressive. All the retail shops are perfectly designed for maximum visibility. This is the only high street market which caters\u00a0 to Omaxe Royal Residency society and nearby residents of sector-79 Faridabad,<\/p>\n

Omaxe World Street is a place where you can spend leisure time with shopping. There are wide corridors for walking and proper sitting arrangements. There are enough parking spaces in front of the commercial complex. Omaxe World Street is perfectly maintained.<\/span><\/p>\n

Omaxe World Street has multiple entries and exits points. Multiple entries and exits points attract customer\/visitors footfall quickly and provide maximum visibility\/exposures to every retail area of the project. Which is also another approachable sign for investment in this project.<\/p>\n

The Omaxe World Street is a place in Faridabad that is designed to become the center of its life where people love to work, shopping, hospitality & leisure time in without a second thought, always want to stay close to, navigate the region and sometimes even measure the entire city through it. It’s a photographic location in Faridabad. Its architecture makes you feel like you are in Europe.<\/p>\n

ALSO READ:\u00a0How To Double Your Money within 3 to 6 Years<\/a><\/span><\/strong><\/p>\n

Commercial Real Estate Project Investment Criteria Table<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
MUST REQUIRED FACTORS<\/strong><\/td>\nACTUAL FACTS-OMAXE WORLD STREET<\/strong><\/td>\nGRADING<\/span><\/span><\/strong><\/td>\n<\/tr>\n
Urban Rich Gentry<\/span><\/span><\/strong><\/td>\nMiddle Class, Lower Middle Class. Adjoined Omaxe Royal Residency<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Connectivity<\/strong><\/td>\nProperly connected with multiple public transportation facilities<\/td>\nB<\/strong><\/td>\n<\/tr>\n
Layout Design<\/span><\/span><\/strong><\/td>\nVery Impressive, Highly visible retail.<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Multiple Entries<\/span><\/span><\/strong><\/td>\nYes<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Visibility<\/strong><\/td>\nEye-catching visibility<\/td>\nA<\/strong><\/span><\/td>\n<\/tr>\n
High-Density Population<\/strong><\/td>\nNo<\/td>\nB<\/strong><\/span><\/span><\/td>\n<\/tr>\n
Youthful Footfall<\/strong><\/td>\nSeveral institute and college in close vicinity<\/td>\nB<\/strong><\/span><\/td>\n<\/tr>\n
Public Security<\/strong><\/td>\nPolice Station -a 15-Minute drive<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Industrial\/Institutional Area<\/strong><\/td>\nwithin 3-Km<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Urban\/Civic Facilities<\/strong><\/td>\nMaximum facilities available<\/td>\nB<\/strong><\/td>\n<\/tr>\n
Developers Credibility<\/strong><\/td>\n Quality Construction & Maintenace. GOLD standard Developer<\/span><\/span><\/strong><\/td>\nA<\/span><\/strong><\/span><\/td>\n<\/tr>\n
Price Comparison<\/strong><\/td>\nCompetitive Price<\/td>\nA<\/strong><\/td>\n<\/tr>\n
Competitors<\/strong><\/td>\nA-few competitors<\/td>\nA<\/strong><\/span><\/td>\n<\/tr>\n
Expected ROI<\/span><\/span><\/strong><\/td>\n5% to 6% Annually<\/td>\nA<\/strong><\/span><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Advice<\/strong>
\nThe Omaxe World Streetcommercial complex is can be the right choice of investment for those who are looking for ROI in the next year or so. They may get a real appreciation of value for resale in a year.<\/span><\/p>\n

\"Omaxe<\/p>\n

Products & Developer<\/strong>
\nThis commercial complex is under development by the Omaxe group. This commercial complex consists of retail shops and office space etc.<\/p>\n

Builder Profile | Track Record<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/strong><\/td>\n\"Omaxe,<\/td>\n<\/tr>\n
PREDECESSOR<\/strong><\/td>\nOmaxe Limited<\/td>\n<\/tr>\n
FOUNDED<\/strong><\/td>\n1989<\/td>\n<\/tr>\n
FOUNDERS<\/strong><\/td>\nRohtas Goel<\/td>\n<\/tr>\n
KEY PEOPLE<\/strong><\/td>\nMohit Goel, Sudhangshu S. Biswal, Gurnam Singh, Devidas Kashinath Kamble<\/td>\n<\/tr>\n
COMPANY | PROMOTERS<\/strong><\/td>\nOmaxe<\/td>\n<\/tr>\n
AREA SERVED<\/strong><\/td>\nPAN INDIA:- Chandigarh, Faridabad, Indore, Greater Noida, Ludhiana, Noida, Lucknow, Jaipur, Sonipat, Vrindavan, Prayagraj, Ghaziabad, Amritsar, Delhi, Gurgaon<\/td>\n<\/tr>\n
PRODUCTS<\/strong><\/td>\nApartments, Villas, Commercial offices, Shopping Malls, Retail, Hotels, Multiplex, Golf courses<\/td>\n<\/tr>\n
PROJECTS COMPLETED<\/strong><\/td>\nAMRITSAR:-<\/strong> Omaxe Value Mall, Omaxe Novelty Mall
\nAGRA:-<\/strong> Omaxe SRK Mall
\nBAHADURAGARH:-<\/strong> Omaxe Galleria, Omaxe City Gate
\nDELHI:-<\/strong> Pearls Omaxe, Omaxe Square
\nFARIDABAD:-<\/strong> World Street, Faridabad
\nGURGAON:-<\/strong> Omaxe Celebrations Mall, Omaxe City Center, Omaxe Gurgaon Mall,
\nGREATER NOIDA:-<\/strong> India Trade Center,<\/a><\/span> Omaxe Palm Court, NRI City Center, Omaxe Arcade, Omaxe Connaught Place
\nGHAZIABAD:-<\/strong> Omaxe Plaza Indirapuram
\nJAIPUR:-<\/strong> Omaxe City Street Market, Shubhangan Street Market, Omaxe Central Market RC-7
\nLUCKNOW:-<\/strong> Omaxe Avenue, Omaxe Hazratganj
\nLUDHIANA:-<\/strong> Omaxe Plaza, Omaxe Royal Arcade, Ludhiana
\nPATIALA:-<\/strong> Omaxe Mall
\nSONEPAT:-<\/strong> Omaxe City- Omaxe Plaza<\/td>\n<\/tr>\n
PROJECTS ONGOING<\/strong><\/td>\nOmaxe Chowk, Delhi
\nBeacon Street, New Chandigarh
\nKrishna Crest, Vrindavan
\nOmaxe Hi Fun, Faridabad
\nRoyal Street, Faridabad
\nClockton High Street, New Chandigarh
\nHoliday Inn, New Chandigarh
\nIndia Trade Tower, New Chandigarh
\nInternational Trade Tower, New Chandigarh<\/td>\n<\/tr>\n
DELIVERY TRACK RECORD<\/strong><\/td>\nDelay Possession<\/td>\n<\/tr>\n
NET WORTH<\/strong><\/td>\n<\/td>\n<\/tr>\n
STRENGTH<\/strong><\/td>\n<\/td>\n<\/tr>\n
COMMITMENT<\/strong><\/td>\nQuality Construction<\/td>\n<\/tr>\n
RISK<\/strong><\/td>\nDelay Possession, long wait<\/td>\n<\/tr>\n
DEBT<\/strong><\/td>\nDefaulter (The builder is in the defaulter list of Noida & Greater Noida Authority<\/a>)<\/span><\/td>\n<\/tr>\n
LITIGATION\u00a0<\/strong><\/td>\nFacing unfair trade practice charges in Indian courts<\/a><\/span><\/td>\n<\/tr>\n
OFFICE ADDRESS\u00a0<\/strong><\/td>\nCORPORATE OFFICE
\nOmaxe House, 7, LSC, Kalkaji, New Delhi \u2013 110019 (India)<\/td>\n<\/tr>\n
BUILDER CATEGORY<\/strong><\/span><\/span><\/td>\nGOLD<\/span><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The Omaxe builder has a good market reputation in the real estate industry. He has successfully delivered several residential and commercial projects in PAN India.<\/p>\n

\"omaxe<\/p>\n

Price | Lease Price<\/strong>
\nOmaxe World Street retail shops, office space price starts at approx:-<\/p>\n\n\n\n\n\n
UNIT TYPE<\/strong><\/td>\nSIZE(Sq Ft)<\/strong><\/td>\nPRICE (PSF)<\/strong><\/td>\nLEASE PRICE (PSF)<\/strong><\/td>\n<\/tr>\n
Retail Shops<\/td>\n200-1000<\/td>\n8500-12,500<\/td>\n40-50<\/td>\n<\/tr>\n
Office Space<\/td>\n200-1000<\/td>\nUpdating soon<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The price is reasonable for investment.<\/p>\n

Conclusion<\/strong>
\nThe Omaxe World Street commercial complex is good for retail business startups.<\/span>
\nThe investors and retail business startups may get a minimum of 6% per annum returns. And can grow more in the future.<\/span><\/p>\n

<\/strong><\/p>\n

<\/span><\/strong><\/p>\n

NOTE:<\/strong> BEFORE INVESTING, DO YOUR OWN RESEARCH<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Omaxe World Street is a place where you can spend leisure time with shopping. There are wide corridors for walking and proper sitting arrangements. There are enough parking spaces in front of the commercial complex. 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