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
ONH status update - ( Omaxe New Heights Faridabad )
Posted by Rohit 02 Apr 2012
Did anybody go to the ONH site? Please update the status
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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interest matter - ( Omaxe New Heights Faridabad )
Posted by 30 Mar 2012
IN the project there is clearly mentioned in an agreement that when the project will start the Omaxe will call for the next Installment as prescribed bt without starting the project the call has been made and when we confermed from omaxe office they said there is no need to pay the amount bt nw when we confermed our Status of Payment we have to give 93000 as Intrest for that call and this is not done Please give your valuable solution as early as posible as the interest charged is not a less amount...!!!

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Required 3BR+S - ( Omaxe New Heights Faridabad )
Posted by Shalabh 25 Mar 2012
Required (1350 Sq.ft.) Residential Flat in Omaxe New Heights Faridabad Budget 31 Lacs. Click Here For Details
http://www.spacesellerz.com/Property_Details.aspx?pqid=4695

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Omaxe New Heights - ( Omaxe New Heights Faridabad )
Posted by himanshu chaturvedi 13 Mar 2012
Hi, Have you been to the construction site recently? Is the construction going on? Has it really reached at the stage of 1st floor? please share the information.

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Court Decision EDC/IDC - ( Omaxe New Heights Faridabad )
Posted by Manav 12 Mar 2012
Any updates to share on the court proceedings vis-a-vis the enhanced EDC/IDC?

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CHELSEA - ( Omaxe New Heights Faridabad )
Posted by 09 Mar 2012
stage reached On Casting of First Floor Roof
Omaxe New Heights - ( Omaxe New Heights Faridabad )
Posted by himanshu chaturvedi 13 Mar 2012
Hi, Have you been to the construction site recently? Is the construction going on? Has it really reached at the stage of 1st floor? please share the information.

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ENHANCED EDC-IDC - ( Omaxe New Heights Faridabad )
Posted by Manav 06 Mar 2012
Its Rs.1,76,800 @Rs208 per square foot for 850 square-foot. Effectively Rs.375 per sq-foot.

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Court Verdict - ( Omaxe New Heights Faridabad )
Posted by 01 Mar 2012
Dear indiaspacesji, I am awaiting for court's hearing (06.03.2012). Supposing if verdict goes against HUDA decision, what about the collections made by the builders? Will it be adjusted with our down payments?

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Omaxe New Heights - ( Omaxe New Heights Faridabad )
Posted by himanshu chaturvedi 29 Feb 2012
Hi, Thanks for the response. Could you please tell me how should I proceed for a resale. looking forward to your suggestions.

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Omaxe New Heights - ( Omaxe New Heights Faridabad )
Posted by himanshu chaturvedi 29 Feb 2012
Hi, Thanks for the reply. Could you please let me know if we will get any premium on the resale and how to go about it.

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