The Economic Times has called Omaxe Chowk in Delhi an investment paradise, and aptly so. While the overall retail market in the NCR is approximately worth 850 billion INR, the Chandni Chowk area has a special significance. The various factors that make retail property investment in Omaxe Chowk a beneficial choice are listed below.
Minimum Competition
As far as commercial development opportunities in the area are concerned, there is next to no scope for another similar project. Omaxe will remain a one of its kind commercial site in the area for the foreseeable future. Since no competitive commercial and retail space will open in the vicinity, Omaxe Chowk will have no immediate competition. The footfall or business prospects will all be concentrated in one place, making it successful.
- Maximum Capital Appreciation
The capital appreciation, in this case, will largely depend on two factors: the real estate market in Delhi and the success of the property; these factors will account for the re-salability and liquidity of the retail space.
Owing to the ever-growing scope for retail in Delhi, the real estate market for commercial and retail properties will continue to remain forceful over the next few years. There will be plenty of prospective buyers should you wish to re-sale your space at Omaxe Chowk. Furthermore, its location and strategic design will ensure that Omaxe Chowk stays successful, making it a great investment opportunity.
- Location
Perhaps the best part of the deal is the location of Omaxe Chowk. It is located right in the middle of Chandni Chowk, a place that has already been famous as a shopping hub for decades. The average number of visitors who visit Chandni Chowk for shopping in a day is around five lakh; the footfall will only increase considering the addition of the commercial and retail hub that is Omaxe Chowk.
Furthermore, the location of Omaxe Chowk is within easy reach from two major metro stations: Chandni Chowk and Lal Quila; it is close to the Old Delhi Metro Station; it is also walking distance from the Red Fort and opposite the famous Sis Ganj Sahib Gurudwara.
- Returns
The prime location, many amenities, and low competition allow Omaxe Chowk to stand true to the promise of monthly returns. The deal is contrary to the general practice where builders lure investments with promises of returns that never get fulfilled. Retail property investment in Omaxe Chowk will surely bring returns because of the success of businesses due to the correct customer exposure.
- Unique Features
Apart from its location and property value, other features set Omaxe Chowk apart and make it an exceptional retail property investment. Omaxe Chowk boasts not only retail stores but food courts and restaurants as well. It has multi-level parking that can accommodate anything from two-wheelers to buses and has a capacity of well over two thousand cars. Furthermore, Omaxe Chowk has immaculate maintenance and will be operational around the clock.
- Financial Security
All this will ensure that your investment grants you financial security with flexible options.
The points mentioned above explain the six pertinent benefits of an investment in retail property in Omaxe Chowk. The location and design of Omaxe Chowk aim to make it the largest wholesale market in Asia. The property is a beacon for retailers and sure to be a profitable investment.