Nashik's New Hub: Omkar Towers - Residences & Retail

Omkar Buildcon, a renowned real estate developer in Nashik, Maharashtra, is embarking on the construction of a new mixed-use residential and commercial complex named Omkar Tower. Spanning across a 10-acre plot, this project will feature a blend of apartments, duplexes, and townhouses, alongside commercial spaces.

The residential units at Omkar Tower will offer two or three-bedroom apartments, as well as three or four-bedroom duplexes and townhouses. Complementing the residential aspect, the commercial facility will accommodate retail outlets, office spaces, and lodging establishments.

With a budget of 75 Crores, the project is set to unfold over three years, aiming to deliver a self-contained development equipped with modern amenities such as a swimming pool, gym, clubhouse, and children's play area.

Strategically located in a prime area of Nashik, Omkar Tower enjoys close proximity to essential amenities and boasts excellent connectivity to the city's main roads and highways. These factors are expected to draw interest from both homebuyers and investors seeking a lucrative opportunity.

Key features of the Omkar Tower project include its prime location, accessibility, diverse mix of residential and commercial spaces, spacious and well-designed apartments, and a range of amenities catering to residents' needs.

Anticipated to commence construction in 2024 and reach completion by 2027, the project is forecasted to generate employment opportunities for over 1000 individuals and contribute significantly to Nashik's economic growth and overall development.

Moreover, the Omkar Tower project presents a promising investment prospect, expected to appreciate in value over time and offer a projected rental yield of 8%, making it an attractive proposition for potential investors seeking long-term returns.

News by Rahul Yelligetti