After burning their fingers with investment in supply glut destinations in NCR, namely Noida and Gurgaon, investment in commercial properties in Delhi have found favour with investors. The primary reason for this is lack of supply.
Off late, the freeing of land in Delhi has given private developers an opportunity to create new centres of trade and business which complement the existing and traditional centres. This has led to increase in supply of organised and new-age commercial spaces in these centres which already have a captive customer base, unlike Gurgaon and Noida. However, the point to note here is that these supplies in Delhi are still few and far between and therefore the basic tenets of investment in commercial, namely capital preservation and appreciation besides returns continue to hold true with the investor community for investment in commercial properties in Delhi.
Organised commercial Space in Chandni Chowk
Slated to be the only organized retail space in Chandni Chowk with proposed entry from Chandni Chowk metro station, Omaxe Chowk will not just usher a revolutionary landscape transformation but also a shopping experience that is both unique and distinct. Built on the ‘under one roof’ concept, Omaxe Chowk is a one-stop solution for consumers visiting Chandni Chowk for shopping of wedding apparels, food etc. It gives businesses a once-in-lifetime opportunity to grow their business into brands. It is located in the heart of Chandni Chowk and with the completion of redevelopment works, Omaxe Chowk will be the only place to park cars for those visiting this commercial hub.
End to parking woes
This multi-level parking cum commercial space, being developed in PPP with North MCD, will have parking for 2100+ cars and 81 tourist buses. Post-redevelopment, all vehicles entering Chandni Chowk will have to take the new route for vehicle movement – Kashmeeri gate road to Old Delhi Railway Station Road to HC Sen Marg.
Walk into the old world charm of Chandni Chowk
After redevelopment, the Chandni Chowk road, running straight opposite the Red Fort and crossing landmarks like Gauri Shankar temple, Jain temple and Sis ganj Gurudwara on the left and Bhagirath Palace on the right, will be for pedestrians only.
Omaxe Chowk is located at a 5-10 min walk from Old Delhi railway station, Red Fort, Sisganj Gurudwara, Bhagirath Palace and other major markets like Dariba Kalan, Kinari Bazar, Kucha Mahajani etc.
Re-defining the Chandni Chowk experience
State-of-the-art amenities, convenience and curated experiences for shoppers, retailers and wholesalers will be some of the hallmarks of Omaxe Chowk. Spanning across an area of 4.5 acres, it is expected to witness an influx of 40 lakhs shoppers every month and generate 7 times more footfall than other malls in Delhi-NCR due to its strategic location and the unique distinction of being the only organized space in Chandni Chowk.
With ground and first floor for retail and second floor housing India’s largest food court and a terrace for cultural events, Omaxe Chowk is a first of its kind commercial space in Delhi NCR.
Security and surveillance system, 24x7 fire safety and advanced security system, Dedicated loading and unloading bay, dedicated pick up and drop lane for radio taxi, space for banks, ATMs, vaults and currency exchange, funtainment zone for kids, tourist information centre, passenger & service lifts and escalators connecting all floors, modern and well-maintained washrooms, first aid medical emergency assistance and safety training and global best practices by British Safety Council are some of the business and shopper friendly amenities, presently lacking in Chandni Chowk, that will redefine doing business and shopping experiences.
Use of advanced technology in construction
Omaxe is using the advanced steel structure technology in construction. The building structure will be supplied in knocked down form at the site. The structure can be erected at the site within 10 months from the starting date. Additionally, other time-saving measures are being deployed like adopting Diaphragm wall (D-wall) construction module, HDPE membrane for foundation waterproofing to name a few.
These measures coupled with additional manpower will reduce construction time by at least 40%.
Invest with the Trust stamp of Omaxe
The investment in Omaxe Chowk is a passport to a secured future for HNIs, ultra-HNIs, NRIs, investors and even businesses who dream of owning a shop in Chandni Chowk. The unique and flexible payment plan allow one to invest a minimum of 50 lakhs in 40:60 payment plan, which means, one can make a down payment of 40 percent now and pay the remaining amount after possession. With 12% commitment charges till possession and 9% lease rental, an opportunity to invest in Chandni Chowk couldn’t have been any simpler. Besides, a stable and secure monthly source of income added with the trust of Omaxe will help you diversify your investment portfolio, preserve your capital, minimize risk exposure and ultimately help you own a piece of history.