Is Omaxe Dwarka a good investment?
Yes, Omaxe Dwarka is considered a smart investment due to its strategic location in Sector 19B, proximity to the upcoming Diplomatic Enclave, and direct connectivity to IGI Airport and the Delhi Metro. With planned commercial infrastructure and high appreciation potential, it’s ideal for investors and businesses alike.
What is the minimum investment in Omaxe Dwarka?
The minimum investment in Omaxe Dwarka typically starts from ₹52 lakhs to 125 Crores, depending on the size and type of commercial unit. This allows smaller investors and startups to enter a high-potential commercial zone without a massive capital outlay, offering strong ROI possibilities.
What is the lease guarantee for Omaxe Dwarka?
Omaxe is offering an assured 7% lease guarantee post-possession for 3 years & 12% Assured Returns till Possession, which significantly reduces investor risk and enhances income stability for the first few years.
RERA Number for Omaxe State Dwarka?
The RERA number for The Omaxe State in Sector 19B Dwarka is DLRERA2024P000. This RERA registration confirms the project's compliance with legal and regulatory standards, ensuring transparency, timely delivery, and protection of buyer rights under the RERA Act.
Is the Omaxe State mall coming with an ICC Approved Cricket Stadium?
Yes, The Omaxe State project is set to include an ICC-approved cricket stadium within the integrated township. This unique feature will host national and international events, making it a landmark destination and adding significant commercial value to surrounding properties and businesses.
What types of commercial properties are available in Omaxe Dwarka?
Omaxe Dwarka offers a range of commercial properties including retail shops, food court units, entertainment zones, and multiplexes. These units cater to a variety of businesses, from local retailers to global brands, within a high-footfall environment.
What makes the location of Omaxe State in Sector 19B Dwarka attractive?
The project spans 50.4 acres and is
located in Sector 19-B Dwarka, New
Delhi on the Dabri-Gurgaon Road.
Who is the developer behind The Omaxe State Dwarka?
The project is developed by Omaxe Ltd., one of India’s leading real estate developers with a track record of 35+ years. Known for timely delivery and quality construction, Omaxe has developed multiple commercial and residential townships across major Indian cities.
When is the expected possession date of Omaxe State Mall?
As per current timelines, Omaxe State Mall in Sector 19B Dwarka is expected to offer possession within 3–4 years from the launch date, subject to RERA guidelines. The project is progressing in phases with timely approvals and infrastructure work already underway.
Is there any parking facility in Omaxe State Mall?
Yes, the Omaxe State Mall is being designed with a multi-level parking facility to accommodate a large number of vehicles. Ample parking ensures convenience for both customers and business owners, reducing traffic congestion and enhancing overall footfall to the commercial premises.
Why is Dwarka property so expensive?
Property prices have doubled on Dwarka & Dwarka Expressway in the last 3 years due to its strategic location, excellent connectivity, and planned urban infrastructure. It is close to IGI Airport, the Diplomatic Enclave, and well-connected by wide roads and Delhi Metro. The area also benefits from proximity to Gurugram and central Delhi, making it a high-demand zone for both residential and commercial developments. Upcoming mega projects like Omaxe State and the ICC-approved cricket stadium are also contributing to rapid price appreciation.
What is the legal framework governing the project's development?
The project is being developed in collaboration with the Delhi Development Authority in a Public-Private Partnership structure. The Developer has been granted development rights for the implementation of the integrated multisport arena and commercial facilities on a Design-Build-Finance-Operate-Transfer (DBFOT) basis.
What is the catchment area?
The primary catchment area is located within a 9-kilometer radius and a 25-minute drive from the site and includes Dwarka, Patel Garden, Patel Garden Extension, Kakraula, Kakraula Extension, Uttam Nagar, Palam, Mahavir Enclave, Jeevan Park, and Janakpuri and Dwarka Express Way. The secondary catchment area is located within a 9 to 14-kilometer radius and a 25 to 45-minute drive from the site, includes Aya Nagar, Bhati, Kapashera, Nanakpura, Nangli Sakravati, Najafgarh, R K Puram, Saad Nagar, Sagarpur, Sarita Vihar, Vasant Kunj and Vasant Vihar.
What is the spending capacity of the catchment area?
The average annual household expenditure in the area is 12.3 lakh, which includes an average of 4 lakh per household on retail spending. This indicates a strong spending capacity in the region. Furthermore, it is worth noting that the area has a younger demographic composition, with 38% of the population falling within the 15 to 34 age range. This younger population is likely to provide a sustained spending capacity in the future, contributing to the economic growth of the area.
Would there be any deductions in rentals received from brands, if yes, what would be deductions?
The rental from brands will be distributed on a pro-rata basis to the unit holders after the deduction of administration charges i.e. 5% of the monthly rent.
Is there a provision for the registry, and if so, what type?
The property is on a leasehold basis for 99 years starting from the commercial operation date (COD) of the sports facility, the title of the property will be transferred to the allottees through execution of a sub-lease deed.
What would be the maintenance charges/ cam charges?
As confirmed above, the CAM charges will be borne by the brands/lessee. CAM charges will be on an actual basis, as per the market standards.
Who is the architect of the project?
The architect of this project is Bentel Associaties International. Some landmark projects of Bentel are Destiny Hotel, South Africa; Marriot Hotel, South Africa; Hilton Sandton, South Africa; and Nelson Mandela Square, South Africa. More than 24 world-class consultants are working on this project.
What agreements will be signed by the interested customers/ owners?
Application form, Agreement for sub lease, Allotment letter, and Sub-Lease deed are the basic agreements for the transfer of title in favour of the customer. MOU for facilitation to authorise the company to let out the property on behalf of the customer. Letter from the customer requesting the company to pay an assured license fee. A Confirmation letter from the company to pay the license fee till the assured license period.
Tell us more about the project.
In addition to the above, there are 4 large anchor shops dedicated to sports brands, 7 terrace restaurants, 3 restaurants in the stadium, space for up to 36 restaurants as explained above, a food court and space for Kiosks and food trucks making it a delight for foodies and all types of visitors. More than 75% of the shops are on the ground floor making it a one-of-a-kind project in the country. There is an air-conditioned corridor that has a minimum width of 13 meters is around 550 meters (more than half a kilometre). The project has three huge atriums and more than 4.5 km of shop front on the ground and first floor, making it a unique and never seen before project.
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