Omaxe New Heights Faridabad

Posted By indiaspaces . on 09 Nov 2011
Members (144) | Comments (632)

POSITIVES - Low Price, Less Wastage Floor Plans, Reputed Developer, Limited Units 

NEGATIVES - Abnormal Delays, Bank Funding Not Available, External Infrastructure Dependent Location 

OMAXE NEW HEIGHTS, Sector 78, Faridabad is one of the most affordable group housing in the region.

The project had all licenses and map approvals and was originally launched as Omaxe Spa Vlillage.  

Post global meltdown, around 2 years back, company decided to change sizes and relaunch a part of it as Omaxe New Heights. 

Company was unable to deposit the EDC/IDC till 2011 and was paid only in the second half of 2011 which also marked the sanctioning of building plans.

http://indiaspaces.com/down/1353_omaxe_new_heights_.jpg

Meanwhile Haryana Govt increased the EDC / IDC to almost double, something which was not anticipated. Around this time the license of the project has also expired. Now unless the new EDC/IDC is paid to department, the license would not be renewed, sanctioned maps would not be handed over to company and no bank loans would happen.

People totally dependent on bank loans would actually have no choice then to exit the project either by way of refund or resale in open market. 

Company might subsequently sell these flats at higher prices.

It may even ask all other customers to pay increased EDC. For this INDIASPACES had suggested management, that the money should be received in a separate account specifically for EDC only.

Comments
status - ( Omaxe New Heights Faridabad )
Posted by 12 May 2012
Yes Rajneeshji, u r right. That was what my friend said. Y/day, he visited the site and was surprised to see overall developments/status. Connectivity road of Sec-77-78 are under way. I got confirmed that 850 Sq.ft.(Triumph) reached its 7th floor. I have also received Demand Notice for payment before 21th May 12.

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site visit - ( Omaxe New Heights Faridabad )
Posted by 11 May 2012
Today I visited Omaxe new heights site. I am really amazed to see the construction work. Empire building is built upto 6th floor and other buildings are built more that this. I am really satisfied about construction. But I am not satisfied about the location. The location of this project still not easily accessible. One has to go through bad road through the village to reach the site, I hope there will better accessibility for the project
ONH - Empire - ( Omaxe New Heights Faridabad )
Posted by mkj 13 May 2012
Good to know the construction pace and hope it will continue at the same pace till the end, no wonder the premium has catapulted in last one month. As far as roads are concerned, the situation will drastically improve once all sector and dividing roads are complete.
status - ( Omaxe New Heights Faridabad )
Posted by 12 May 2012
Yes Rajneeshji, u r right. That was what my friend said. Y/day, he visited the site and was surprised to see overall developments/status. Connectivity road of Sec-77-78 are under way. I got confirmed that 850 Sq.ft.(Triumph) reached its 7th floor. I have also received Demand Notice for payment before 21th May 12.

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Triumph ONH - ( Omaxe New Heights Faridabad )
Posted by Manav 11 May 2012
Rs. 31.5 lacs pertains to type flat?

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ONH - ( Omaxe New Heights Faridabad )
Posted by Rohit 10 May 2012
I think by June end they plan to complete third floor.

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ONH - Empire - ( Omaxe New Heights Faridabad )
Posted by asha 09 May 2012
I feel we should actively follow-up with Omaxe on ONH construction and not wait for original promised time frame(36 months from start of construction - Jan 2010) to get over. I believe Omaxe is spending it's energy in completing Omaxe Heights rather New Heights. Views and suggestions are welcome.
ONH - ( Omaxe New Heights Faridabad )
Posted by Rohit 10 May 2012
I think by June end they plan to complete third floor.

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New Circle rate - ( Omaxe New Heights Faridabad )
Posted by Sanchit 08 May 2012
Hello indiaspacesji, Huda has increased circle rates in Neharpar this year for flats to Rs2300/sft and for Plots to Rs15000/syd. I would like to know that these rate are applicable for this year's transaction and also for flat purchased in resale in 2008. If you can share HUDA's document that will help. Does it make any difference if someone has purchased in resale or original allottee? please help

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Court hearing - ( Omaxe New Heights Faridabad )
Posted by 07 May 2012
Dear indiaspacesji, Any updates from court proceedings regarding enhanced EDC/IDC?

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Triumph Tower - ( Omaxe New Heights Faridabad )
Posted by 02 May 2012
Please let me know the status of Triumph Tower. Thanks.

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BLOOMBERG - ( Omaxe New Heights Faridabad )
Posted by 01 May 2012
stage reached On Casting of First Floor Roof
Triumph Tower - ( Omaxe New Heights Faridabad )
Posted by 02 May 2012
Please let me know the status of Triumph Tower. Thanks.

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ONH - ( Omaxe New Heights Faridabad )
Posted by mkj 30 Apr 2012
Hello All, After being bugged by numerous calls by property dealers in last couple of weeks, I thought of checking the underlying reason. I called couple of them posing as a buyer and to my shock the picture which I got from them was totally different to what they painted when they called me early last week. 1) Better than many other builders. 2) Very near to commercial sector - 79 3) Very close to Master road. 4) Best Carpet to super built-up area ratio 5) Best project in the price range. 6) etc The premium which they offered me was almost 25 - 35% more than what they offered me when they called me to check if I would be interested in selling my unit. I am sure the 25- 35% would be pocketed by them. So anybody willing to sell their units please ensure that you get your initial Omaxe and Dealer discounts(if applicable) as well in addition to the ongoing premium. As per the latest info, Omaxe is selling remaining flats at a BSP of ~31.5L + other charges(parking etc) I am deliberately holding myself back and not sharing premium amount on this forum.
ONH - Empire - ( Omaxe New Heights Faridabad )
Posted by mkj 17 May 2012
3+1 (1350 Sqft)
Triumph ONH - ( Omaxe New Heights Faridabad )
Posted by Manav 11 May 2012
Rs. 31.5 lacs pertains to type flat?

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