Omaxe Chandni Chowk is a commercial project in the heart of Delhi, offering shops, retail spaces, food courts, and dining spaces. It is an opportunity for businesses to establish themselves in a prime location with high footfall, surrounded by heritage sites. The project offers modern amenities, including fire safety, CCTV surveillance, and parking. With a strategic location and expected high returns, it is a significant investment opportunity for businesses and investors.
Characteristics | Values |
---|---|
Location | Chandni Chowk, Delhi |
Project Type | Wholesale, Retail & Food Court |
Project Status | Delivered |
RERA Regd. No | DLRERA2019P0005 |
Investment Opportunity | Businesses and Investors |
Expected Turnover | Rs 50 Lakh Crore |
No. of Existing Business Units | 50,000 |
Daily Footfall | 4-8 Lakh |
Monthly Footfall | 40 Lakh |
Car Parking Spaces | 2100+ |
Developer | Omaxe Ltd. |
What You'll Learn
The benefits of investing in real estate
Omaxe Chandni Chowk is a premium commercial project spread over 4.5 to 4.6 acres in the heart of Delhi. It offers commercial shops, retail space, food courts, and dining spaces with modern amenities like fire and alarm systems, CCTV surveillance, freshwater supply, parking, reception, and lifts.
Diversification and Risk Mitigation
Diversifying your portfolio by investing in the real estate market can lower the risk of a total loss. Real estate is uncorrelated to the stock market, so even if stocks crash, your real estate investments remain intact. Additionally, real estate has a low correlation with other major asset classes, so adding it to your portfolio can lower volatility and enhance stability.
Variety of Investment Options
Real estate investors have a range of investment options to choose from, including residential properties, commercial properties, house flipping, and real estate investment trusts (REITs). This allows investors to find opportunities that match their risk tolerance, investment strategy, and desired level of involvement.
Passive Income and Wealth Building
Real estate investments offer passive income opportunities through rental properties or capital gains from selling appreciated properties. This income can be used to build a larger real estate portfolio, pay expenses, or save for other financial goals. As you pay down your mortgage and build equity, you can leverage that equity to invest in more properties, further increasing your cash flow and wealth.
Tax Advantages
Real estate investors can take advantage of numerous tax breaks and deductions, especially if they treat their investments as a business. These include deducting mortgage interest, depreciation of the property, and the cost of running the business. Additionally, investors may be able to defer capital gains taxes through strategies like a 1031 exchange.
Appreciation and Inflation Hedge
Real estate properties typically appreciate over time, increasing an investor's profits. This appreciation can be turned into cash flow by selling the property or leveraging it with mortgage financing. Moreover, real estate provides a hedge against inflation as property values and rents tend to rise with inflation, allowing your investment to keep pace with the changing value of money.
Control and Involvement
Investing in real estate gives you more control over your investments than other types of investments. You can choose to manage rental properties yourself or hire a property management company, allowing you to decide how involved you want to be. Additionally, you have the ability to increase the property's value through strategic updates and improvements.
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The reasons behind investing in Omaxe Chandni Chowk
Omaxe Chandni Chowk is a premium commercial project in the heart of Delhi, offering a range of benefits for businesses and investors. Here are some key reasons why investing in Omaxe Chandni Chowk could be a wise decision:
Strategic Location:
Omaxe Chandni Chowk is strategically located in Chandni Chowk, Delhi, which is known for being Asia's oldest, largest, and busiest wholesale and retail hub. This provides an excellent opportunity for businesses to reach a large number of customers and benefit from the high footfall. The project is also well-connected to major landmarks and transportation hubs, making it easily accessible.
High Footfall and Customer Base:
Chandni Chowk is known for its high organic footfall, with an estimated daily footfall of 5-8 lakhs, including tourists. This provides businesses with a vast customer base and increases the potential for sales and profit.
Historic and Tourist Attractions:
The area surrounding Omaxe Chandni Chowk is rich in historical monuments and World Heritage sites, such as the Red Fort, Jama Masjid, Gurudwara Sis Ganj Sahib, and various historical Havelis. These sites attract millions of tourists each year, providing an additional stream of potential customers for businesses located in the area.
Modern Amenities:
Omaxe Chandni Chowk offers a range of modern amenities and features, including a spacious air-conditioned lounge, fire safety measures, dedicated pickup and drop lanes, an exclusive F&B floor, elevators and lifts, well-maintained washrooms, and approximately 2100 car parking spaces. These amenities enhance the overall experience for both businesses and customers.
Diverse Range of Businesses:
Omaxe Chandni Chowk caters to a diverse range of businesses, including retail shops, food courts, and restaurants. This diversity creates a vibrant and dynamic environment, attracting a wide range of customers and meeting various needs.
Reputable Developer:
Omaxe, the developer behind the project, is one of India's leading real estate companies. With a diverse portfolio of projects across 8 states and 27 cities, Omaxe has established a reputation for delivering high-quality real estate spaces and turning dreams into reality. Their commitment to transparency, quality, and social responsibility inspires trust and confidence in investors.
Long-Term Investment Opportunity:
Investing in Omaxe Chandni Chowk offers a lifetime investment opportunity for businesses and investors. With its prime location and high footfall, this project is expected to provide long-term growth and profitability for those who invest in it.
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The strengths of investing in Omaxe Chandni Chowk
Omaxe Chandni Chowk is a premium commercial project spread over 4.5-4.6 acres in the heart of Delhi. It offers a range of strengths and benefits for investors and businesses, including:
- Location and Footfall: Strategically located in the heart of Asia's oldest, largest, and busiest shopping destination, Chandni Chowk, the project provides access to a high volume of customers, with an estimated daily footfall of 4-8 lakhs, including tourists. Chandni Chowk is known for its rich history and cultural significance, attracting locals and tourists alike.
- Connectivity and Accessibility: Omaxe Chandni Chowk is well-connected and easily accessible from any part of Delhi-NCR. It is adjacent to the Chandni Chowk Metro Station and a short walk from the Old Delhi Railway Station, providing convenient transportation options for visitors and commuters.
- Surrounding Attractions: The project is surrounded by renowned historical monuments and World Heritage sites, such as the Red Fort, Jama Masjid, Gurudwara Sis Ganj Sahib, and various historical Havelis. These attractions bring millions of tourists and locals to the area, providing potential customers for businesses in Omaxe Chandni Chowk.
- Amenities: Omaxe Chandni Chowk offers a range of modern amenities, including a spacious air-conditioned lounge, a dedicated F&B floor, elevators and lifts, well-maintained washrooms, and ample car parking spaces. It also features a special funtainment zone for kids, a tourist information centre, and a loading and unloading bay for retailers.
- Security and Safety: The project prioritizes security and safety with a 3-tier security system and 24x7 fire safety measures, ensuring a safe environment for businesses, customers, and visitors.
- Investment Opportunities: Omaxe Chandni Chowk presents a unique investment opportunity for businesses and investors, offering the chance to be a part of this iconic development in the heart of Delhi. With a diverse range of retail, food, and dining spaces available, it provides an excellent platform for small businesses to grow and global players to engage with local businesses.
- Reputable Developer: Omaxe Group is a leading real estate company in India with a diverse portfolio of successful projects. They have a strong track record of delivering high-quality commercial spaces and are known for their transparency, quality, and commitment to social responsibility.
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The strategic location of Omaxe Chandni Chowk
Omaxe Chandni Chowk is strategically located in the heart of Asia's oldest, largest, and busiest wholesale and retail hub, Chandni Chowk, in Delhi. This next-generation shopping destination offers unprecedented and forward-thinking business opportunities.
The location of Omaxe Chandni Chowk is highly advantageous, with direct access to Chandni Chowk Metro Station and a mere 5-minute walk from Old Delhi Railway Station. This provides excellent connectivity for commuters and tourists alike. The project is also surrounded by renowned heritage sites, including the Red Fort, Jama Masjid, Gurudwara Sis Ganj Sahib, Gauri Shanker Mandir, and various Havelis. These iconic landmarks attract millions of tourists annually, providing a vast customer base for businesses within Omaxe Chandni Chowk.
The development is spread across a vast area of 4.5 to 4.6 acres, making it the largest development in Chandni Chowk. It boasts a total built-up area of over 10 lakh sq. ft., accommodating a wide range of commercial spaces, including shops, retail spaces, food courts, and dining areas. The scale and diversity of Omaxe Chandni Chowk make it a prominent destination for businesses and customers alike.
The location of Omaxe Chandni Chowk is further enhanced by its proximity to popular local attractions. Paranthe Wali Gali, a famous food street, is just a 5-minute walk away, while the Hardayal Municipal Heritage Public Library is a short 900-meter distance from the complex. This convenient access to popular tourist destinations further increases foot traffic and business opportunities.
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The amenities offered by Omaxe Chandni Chowk
Omaxe Chandni Chowk is a premium commercial project spread over 4.5 acres, offering a range of amenities to facilitate all business needs. Here are some of the key amenities offered by Omaxe Chandni Chowk:
Location and Connectivity
- Omaxe Chandni Chowk is strategically located in the heart of Chandni Chowk, one of the oldest, largest, and busiest wholesale and retail hubs in Asia.
- It is adjacent to the Chandni Chowk Metro Station and within walking distance of the Old Delhi Railway Station and Paranthe Wali Gali.
- The project is easily accessible by road and is well-connected to major landmarks and locations in Delhi.
Parking
- Omaxe Chandni Chowk offers multi-level parking facilities with a capacity of over 2100 car parking spaces and dedicated bays for loading and unloading.
- It also provides exclusive valet services and a dedicated pickup and drop lane for radio and mobile taxis.
Security and Safety
- The project features a 3-tier security system and a 24/7 fire safety system, including fire alarms and firefighting equipment.
- It also has CCTV surveillance and a smart parking management system for entry and exit.
Infrastructure and Design
- Omaxe Chandni Chowk showcases iconic architecture inspired by Mughal, Indian, and British elements.
- It offers a mix of ownership and lease-based models, providing opportunities for both global and Indian brands.
- The project includes a spacious air-conditioned lounge, space for ATMs, banks, and lockers, and modern and well-maintained washrooms.
- It also has a special funtainment zone for kids and a tourist information centre.
Food and Dining
- Omaxe Chandni Chowk is India's largest food capital, with a seating capacity of over 1600 people.
- It offers a wide range of cuisines from around the world and is designed to be a thriving marketplace and hangout zone for sellers and buyers.
These amenities make Omaxe Chandni Chowk a desirable destination for businesses and entrepreneurs, providing a perfect blend of modern facilities and a strategic location.
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