COMING SOON THE OMAXE STATE SECTOR 19-B DWARKA DELHI

 The project spans 50.4 acres and is located in Sector 19-B Dwarka, New Delhi on the Dabri-Gurgaon Road. 

 OMAXE GROUP is developing a world-class sports city along with a premium commercial complex, clubs and 2500 parking facilities. The sports facility will be operated by a world-class sport management company, and the club and hotel will be managed by one of the best hotel brands in the World. 

 The project is being developed in collaboration with the Delhi Development Authority in a Public-Private Partnership structure. The OMAXE GROUP has been granted development rights for the implementation of the integrated multisport arena and commercial facilities on a Design-Build-Finance-Operate-Transfer (DBFOT) basis. 

 No. There is no similar or comparable project in India yet. Singapore Sports Hub, London Olympic Park and Melbourne Olympic Park are successful projects in the World which are similar and comparable. Sports, Entertainment and food have become essential components of Retail. The Sports and Retail Arena of our project can host social and cultural events and large music concerts of singers like Arijit Singh, Shakira, Ed Sheeran and many more. Food festivals and Handicraft Melas can also be hosted. OMAXE have planned an event calendar for the project for the whole year which shall attract Delhiites and tourists visiting Delhi throughout the year. 

 The region is home to some prominent shopping hubs such as the Vegas Mall, Dwarka City Centre, Soul City Mall, Pinnacle and the Reliance Shopping Mall. But none of them have the unique facilities of The Omaxe State. 

 The project has 468 commercial units on the Ground Floor, 200 commercial units on the First Floor including the Food Court, 6 terrace restaurants and 1 cafe, 5 numbers of cinema screens on the Second Floor, 6 anchors and 11 triple-height high-street shops. There are 3 drive-throughs in this project which are rare in Delhi but also have high potential and demand. 

 Units of various sizes are available in the project. The Minimum saleable area of the shop starts from 400 sq. ft and goes up to 5,000 sq. ft (Big Anchor store).  

 Terrace rights are with the OMAXE GROUP. 

 Leasing rights are being held by the OMAXE GROUP. 

 Yes, there is a proposed 7% lease guarantee for 3 years after possession. 

 The actual lease rent will be distributed among the unit holders. 

 The rental from brands will be distributed on a pro-rata basis to the unit holders after the deduction of administration charges i.e. 5% of the monthly rent. 

 PLC is applicable on preferential location units. 

 The property is on a leasehold basis for 99 years starting from the commercial operation date (COD) of the sports facility, the title of the property will be transferred to the allottees through execution of a sub-lease deed. 

 Super-to-unit covered area eciency is 50% for retail stores with a height of 18 feet and 33% for retail stores with a height of 36 feet.  

 Self-use shops are not allowed by default. However, if any unit holder wishes to utilize one, approval from the Company is required. 

 One-time additional charges will be levied; however, it is not limited to meter cost, IFMS, power backup, etc. 

 The hotel has 108 bays. The stadium has 40 rooms which can be converted to corporate boxes on match days. There are 72 corporate boxes in the stadium. To support national competitions, there are dormitories with 180 beds for the players along with a pantry and canteen facility.

 12% commitment charges till application of filing Occupation Certificate and 7% guaranteed rent for 3 years after oer of possession and fit-out period of 3 months. 

 It will be completed in 24 months. 

 Construction will be done by Grade A contractors like L&T, Tata Infra etc. 

 Application form, Agreement for sub lease, Allotment letter, and Sub-Lease deed are the basic agreements for the transfer of title in favour of the customer. MOU for facilitation to authorise the company to let out the property on behalf of the customer. Letter from the customer requesting the company to pay an assured license fee. A Confirmation letter from the company to pay the license fee till the assured license period.