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Omkar Realtors delivers record 3,000 SRA houses in Bhoiwada
Home/Business Vibes/Omkar Realtors delivers record 3,000 SRA houses in Bhoiwada
Business Vibes

Omkar Realtors delivers record 3,000 SRA houses in Bhoiwada

Mumbai : With the recent handover of 370 rehabilitation apartments under the state government’s SRA plan, Mumbai’s premier SRA developer, Omkar Realtors, has achieved a record delivery of...

Times News Service
June 8, 2023 2 Min Read

Mumbai : With the recent handover of 370 rehabilitation apartments under the state government’s SRA plan, Mumbai’s premier SRA developer, Omkar Realtors, has achieved a record delivery of 3,000 rehab units in its Bhoiwada (Parel-Sewri belt) residential complex. To far, the project has provided shelter to over 16,000 slum residents, and by the time the current phase is complete, that number is expected to have increased to over 25,000.

The project, a partnership between Omkar and L&T Realty, will provide 4600 high-quality residences over the course of two phases, the first of which will be completed by mid-June 2023 and the second by 2025. The Crescent Bay name was chosen to represent the high standard of living offered by these residences.

One of the most densely populated slum pockets in Mumbai, the 17-acre Bhoiwada project location, which also includes Khaprideo and Marwadi Wadi, has undergone rehabilitation and is currently being transformed into one of the top premium residential locations in the heart of Mumbai. There were 19 communities in the slum belt, mostly made up of workers and small-scale merchants.

In addition to freeing up six DP roads and one municipal school, the groundbreaking project in Central Mumbai made room for 25 Balawadis.

Eight of the project’s fifteen towers are G+40, making them some of the tallest SRA towers in Mumbai. The project also features other high-end amenities, such as Schindler lifts and Somany tiles, and is being built in large part by Larsen and Toubro (L&T), a name commonly associated with high-end residential construction.

More than one lakh slum residents in Mumbai’s largest slum communities have been provided with high-quality homes by Omkar Realtors during the last decade, and important public areas have also been restored.

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Crescent BayL&T RealtyMumbai’s Leading SRA DeveloperOmkar Realtors

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