If we consider the average time being spent for daily travel by a person working in BKC, it takes approximately 1 hour for a person from South Mumbai, approximately 1.5 hours for western suburbs and again 1 hour for people from eastern suburbs and Navi Mumbai (one-way travel). Instead of being stuck in traffic or traveling in packed trains, anyone would like to utilize this time to spend quality moments with family, with friends and some leisure activities; or just simply laze around the comfort of homes. To resolve this pain point, one of Mumbai's leading realty brands Omkar Realtors & Developers, who have redefined the residential and luxurious property landscape in Mumbai with projects like Omkar 1973 Worli, Alta Monte, and Crescent Bay, have now come up with a project called Omkar Meridia located at BKC Crossing. It is planned specifically to implement the 'Walk to Work' culture for people working in and around the BKC area. This strategic location is close to both the eastern and the western corridor of the city.
Omkar Meridia recently unveiled its additional inventory of smaller 1 BHK units of the size of 695 sq ft starting at just Rs 1.19 crore to meet the rising demand from office going buyers working in and around BKC. The new inventory also has smaller 1.5 BHK's and 2BHK's of 900 sq.ft. area priced at Rs 1.46 crore and of 982 - sq.ft.area at Rs 1.65 crore respectively. The project also offers a grand 2 BHK of the size of 1260 sq.ft. at Rs 1.96 crore. So, the main hurdle of affordability which comes while purchasing an apartment around the BKC area has been resolved with these attractive prices.
On 6th Oct 2016, the CMO of Omkar Realtors & Developers, Mr. Amit Parsuramka had invited us and some fellow bloggers to the actual site and gave a brief overview of this unique project. It was a really informative session as he carried the presentation in a conversational tone and answered all the queries related to this project gracefully. What was interesting is the high transparency in sharing all-possible information of a real estate project. Good for customers.
While he elaborated the several key differentiators of Omkar Meridia, when I asked him about the USP of this project, he told that "The Intention and theme behind this project are to implement the Walk to Work Culture by making affordable homes around the BKC area". A point worth mentioning, the overall experience of having a look at the ready sample flats and the staff’s hospitality was commendable.
While he elaborated the several key differentiators of Omkar Meridia, when I asked him about the USP of this project, he told that "The Intention and theme behind this project are to implement the Walk to Work Culture by making affordable homes around the BKC area". A point worth mentioning, the overall experience of having a look at the ready sample flats and the staff’s hospitality was commendable.
Some of the Salient Features of Omkar Meridia BKC Crossing location:
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- 2-minute drive to BKC, 5-minute to the Eastern and Western Express Highway.
- 20 minutes drive to the domestic and T2 International airport.
- Walking distance from the Railway station and the upcoming Metro Station, easy access to SCLR (Sion Chembur Link Road).
- Proximity to world-class schools like Dhirubhai Ambani school, American school, Arya Vidya Mandir, Mt. Litera International school, Orchid International school (within 3 km radius).
- Situated near to the Consulate of US, other countries and University of Mumbai.
- Hospitals like Asian Heart Institute, Lilavati Institute and Gurunanak Hospital in the vicinity (within 3 km radius).
- Malls and Recreation zones like Phoenix Market City, R Mall, Trident, Sofitel, Grand Hyatt in the nearby areas. Not to forget, the party hub of Mumbai- Bandra West and the scenic Band Stand.
The Apartments USP's
- Mumbai's lowest ticket size designer boutique apartments.
- 1/2 BHK plug and play apartments which come well equipped with air conditioned residences, Italian marble flooring & modular kitchen.
- Amenities include rooftop jogging track & accu-therapy walkway, fully equipped health centre, swimming pool and children’s play area.
- Highest standards of excellence in design, architecture and aesthetics.
Now coming to the investment perspective, why are areas around BKC an attractive destination?
The BKC is a planned business district spread across 370 hectares of land and has more than 700 corporates including sizeable renowned MNC's. Currently, there are approximately 6 lakh people working in BKC hub and eventually this will lead to the employment of close to 2 million people in the adjoining areas. There are some significant developments coming up in the near future which include a mammoth 7 million sq.ft convention center and a 50,000 sq ft mall within the Maker Maxity. It will also have hotels like The Bellagio, MGM Grand, Skyloft and an exclusive 200-car drive-in movie theatre. The proposed International Financial Services Centre spread across 25 hectares and the Metro project which would connect the BKC to Andheri and South Mumbai, will add up a substantial elevation in the property rates. Also, the government's consideration of planning to increasing the limits of BKC to the Kurla area proves the popularity and ever-increasing demand of this prime location.
The Capital values in the BKC area has increased attractively. The rental yields here are expected to fetch on an average 4.2% higher as compared to most other locations in the city (Cushman and Wakefield Research Publication 2015).
So, apart from being close to your work place where you can just 'Walk to Work' and get time for yourself and your family, Omkar Meridia BKC crossing offers you world class furnished apartments and facilities . For the executive class having a good disposable income at hand, this project can be a golden opportunity for investment due to the prime locality of BKC area and Citibank Head office, Equinox Business park in the immediate neighborhood. The affordable smaller size apartments can fulfill the dreams of many people who wish to own a home in Mumbai and that also closer to this centrally located property destination. Needless to say, property appreciation and return on investments are guaranteed.
The Capital values in the BKC area has increased attractively. The rental yields here are expected to fetch on an average 4.2% higher as compared to most other locations in the city (Cushman and Wakefield Research Publication 2015).
So, apart from being close to your work place where you can just 'Walk to Work' and get time for yourself and your family, Omkar Meridia BKC crossing offers you world class furnished apartments and facilities . For the executive class having a good disposable income at hand, this project can be a golden opportunity for investment due to the prime locality of BKC area and Citibank Head office, Equinox Business park in the immediate neighborhood. The affordable smaller size apartments can fulfill the dreams of many people who wish to own a home in Mumbai and that also closer to this centrally located property destination. Needless to say, property appreciation and return on investments are guaranteed.
