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
Required 3BR+S - ( Omaxe New Heights Faridabad )
Posted by 26 Apr 2012
Required (1350 Sq.ft.) Residential Flat in Omaxe New Heights Faridabad Budget 30 Lacs. Click Here For Details
http://www.spacesellerz.com/Property_Details.aspx?pqid=4792

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reputation - ( Omaxe New Heights Faridabad )
Posted by asha 12 Apr 2012
The only thing that works in the favor is the builder reputation(better than many)

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ONH - ( Omaxe New Heights Faridabad )
Posted by asha 12 Apr 2012
Hi Anil and Rajesh, This seems to be the case. The property dealers definitely have some hidden motive behind this. The premium amount being quoted is increasing day by day. When I bought the flat I was told the best part to be the proximity to commercial sector - 79. Now these dealers are telling stories that being near to a commercial sector will be a disadvantage and will result in traffic congestion and disturbance. Thanks - Amit

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onh - ( Omaxe New Heights Faridabad )
Posted by Hemant 11 Apr 2012
Hi Rajesh me too getting calls and and from dealers in that area that please sell your property in onh.they have some hidden agenda to get flats in low rates and later on they can actly make money as the onh is very competatively priced and you notfind any property in these rates in the entire neharpar area. This is my opinion may be others differs

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ONH - Empire - ( Omaxe New Heights Faridabad )
Posted by asha 10 Apr 2012
Can one of the ONH flat owner staying in FBD get the latest construction update?

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ONH Sales Call - ( Omaxe New Heights Faridabad )
Posted by 09 Apr 2012
Hello ONH flat owners, I am not sure if other ONH owners have been getting calls from property dealers of late, but I have received about 10 calls from different dealers in last 2 weeks. The latest caller offered me X amount of premium and stated that it is a golden opportunity to exit this project and invest the total amount in another project which I can get at a lesser premium and would appreciate more than ONH. To my surprise the another project was from a small builder and was launched in 2008. The only point I would like to make here is to be careful in dealing with the dealers. As there are not many transactions happening, so dealers are trying their best to coax people in selling their existing flat for a new one so that they can make some money at our cost. Thanks - Rajesh
ONH - ( Omaxe New Heights Faridabad )
Posted by asha 12 Apr 2012
Hi Anil and Rajesh, This seems to be the case. The property dealers definitely have some hidden motive behind this. The premium amount being quoted is increasing day by day. When I bought the flat I was told the best part to be the proximity to commercial sector - 79. Now these dealers are telling stories that being near to a commercial sector will be a disadvantage and will result in traffic congestion and disturbance. Thanks - Amit
onh - ( Omaxe New Heights Faridabad )
Posted by Hemant 11 Apr 2012
Hi Rajesh me too getting calls and and from dealers in that area that please sell your property in onh.they have some hidden agenda to get flats in low rates and later on they can actly make money as the onh is very competatively priced and you notfind any property in these rates in the entire neharpar area. This is my opinion may be others differs

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ONH Bloomberg status - ( Omaxe New Heights Faridabad )
Posted by Rohit 08 Apr 2012
Got demand letter for bloomberg tower, ONH, faridabad on casting of first floor, 196745.3+6079.43 service tax, last date is 21 april 2012 Rohit
ONH - Empire - ( Omaxe New Heights Faridabad )
Posted by asha 10 Apr 2012
Can one of the ONH flat owner staying in FBD get the latest construction update?

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ONH-EMPIRE 1ST FLOOR - ( Omaxe New Heights Faridabad )
Posted by Ram 07 Apr 2012
Maps were approved but revision was pending; this is something everyone is aware who has invested in ONH,this has now become motherhood statement which we make. Question is that whether revised maps have been approved and whether they have started 1st floor? indiaspacesji can u pl upload latest pics of this project?

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ONH-Empire 1st Floor - ( Omaxe New Heights Faridabad )
Posted by vishal malhotra 06 Apr 2012
Dear indiaspacesji, I have received demand for 1st floor for ONH. Have they reached 1st floor? How can they proceed if maps are not approved? Can you pls highlight on this pls
ONH-EMPIRE 1ST FLOOR - ( Omaxe New Heights Faridabad )
Posted by Ram 07 Apr 2012
Maps were approved but revision was pending; this is something everyone is aware who has invested in ONH,this has now become motherhood statement which we make. Question is that whether revised maps have been approved and whether they have started 1st floor? indiaspacesji can u pl upload latest pics of this project?

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Empire tower - ( Omaxe New Heights Faridabad )
Posted by asha 05 Apr 2012
Hello, I have recd a fresh demand for casting of first floor. Can someone please update me regarding the status of Empire and other towers in ONH? Thanks - Amit

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