News Archives - Omaxe Blog

Proximity to Healthcare Top Ranked Amenity for Potential Homebuyers: Survey

Omaxe townships have excellent access in Lucknow, New Chandigarh, Ludhiana, and Faridabad In a survey done by Housing.com and Naredco, it was found that proximity to healthcare infrastructure is the top-ranked amenity for potential homebuyers. “While pre-COVID homebuyers…

Ludhiana – The City Defining Punjab’s Urbanism

News Real Estate

70% consumers aware of RERA as a Regulator: Survey

The Real Estate (Regulation and Development) Act (RERA), which came into force in 2016, has ushered in a lot of transparency in the real estate sector. The sector was grappling with homebuyers’ distrust over a long period of…

News Real Estate

Tier 2 Cities Emerge as Clear Favourites for Homebuyers

for homebuyers The COVID-19 has shifted homebuyers preference and how! In the last one year, the demand for homes in State Capitals and tier 2/3 cities has grown exponentially owing to the reverse migration. The pandemic-induced lockdown forced…

News Real Estate

Future Outlook Remains Optimistic: Knight Frank-FICCI-NAREDCO Real Estate Sentiment Survey

The 29th edition of the Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q2 2021 (April - June 2021) Survey was released recently. While the survey sounded optimistic about the future outlook, it conceded that the current real estate sentiment…

News Real Estate

Travel to be eased from Lucknow to Prayagraj

The National Highways Authority of India (NHAI) has prepared Rs 800 cr project plan to ease the travel from Lucknow to Prayagraj – the Capital City with the Holy city of India’s most populous state Uttar Pradesh. The…

shopping destination World Street in Sector 79

News Real Estate

Single Road From Faridabad to Gr. Noida & Gurgaon on The Anvil

Eastern & Western Faridabad connectivity to be strengthened Addressing the second meeting of the Faridabad Metropolitan Development Authority (FMDA) on July 17, 2020 – the body tasked with the development work in Faridabad - Haryana CM Shri Manohar…

Multi-Level Parking Facilities Now Emerging as Real Estate

News Real Estate

Come 2022, Pedestrian-Only Chandni Chowk to Have its Multi-Level Parking

As the Government notified the proposal to make the 1.3 Km Road from Red Fort to Fatehpuri Masjid in Chandni Chowk between 9 AM and 9 PM as a pedestrian-only zone, Omaxe Ltd., which is constructing a multi-level parking…

News Real Estate

Multi-Level Parking Facilities Now Emerging as Real Estate Asset Class

Rajan Gupta | Vice President - Business Development & Corporate Strategy | Omaxe Ltd. Growing urbanisation and the raging pandemic have created opportunities to augment the infrastructure in our cities. Parking is one such asset class that can…

News Real Estate

BSE Realty Index Hits 10-yr High; Omaxe Zooms 34% in One-Year

The BSE realty index hit a 10-year high on expectations of a strong revival in the housing segment even as sales dropped in April-June 2021. The realty index hit an intra-day high of 3040.82 points on Monday (July…

News Residential Property

Sustained Levels of Residential Sales sign of Demand: Report

The residential real estate market was building on its momentum with sales witnessing a surge until the second wave of the pandemic hit India. As compared to Jan-March 2021, residential sales in April-June 2021 fell by 23% at…