About Omkar Realtors & Developers
Omkar Realtors & Developers Pvt. Ltd. is a real estate company that is carving a name for itself by providing opulent spaces in Mumbai. Their legacy, which spans over a decade, has seen them expand and deliver on the core values set forth by the founders of integrity, inclusion, equality and excellence.
Omkar Developers have delivered completed projects that span over 4 million sq. ft. in residential and commercial sectors of the city. Meanwhile, the company is working on over 20 million sq. ft. of land to provide more living solutions to the people of Mumbai. While for the future over 40 million. Sq. ft. land is reserved for upcoming projects with a loaded pipeline.
Omkar Realtors are renowned for offering the finest of living luxuries at unbeatable prices. These projects have been able to bag them a position in the list of topmost preferred builders in Mumbai. Possibly only because the company believes in the philosophy that product and design innovation is a seamless process, responsible for creating a roadmap for excellence.
The Omkar Group has successfully rehabilitated more than 15,000 urban-challenged families (75,000 people) from Mumbai’s slums under the Maharashtra government’s Slum Rehabilitation Authority (SRA) housing scheme. The company projects to house another 1,00,000 slum dwellers by 2025.
Who is the owner of Omkar Realtors?
Kamal Gupta, Chairman of Omkar Realtors and Developers and Babulal Verma, Managing Director of Omkar Realtors are the owners of Omkar Realtors. They are based in Mumbai, India and have been in the business of real estate development for over 25 years. They started the company back in 2003 and ever since then have developed and completed 15 residential and commercial projects in Mumbai and its suburbs. Some of their notable projects include residential complexes like Omkar 1973, Worli & Omkar Altamonte, Malad, as well as commercial developments like the The Summit- Business Bay, Andheri
Kamal Gupta and Babulal Verma were recently discharged from a wrongful case taken up against them by the Enforcement Directorate. The case, which started a year ago, was quashed by a special court under the Prevention of Money Laundering Act (PMLA) by Judge M G Deshpande, who concluded that the duo be released immediately due to lack of a predicate offence and recent change introduced to the law by the Supreme Court.Conclusion
Kamal Gupta and Babulal Verma, the owners of Omkar Realtors, are two men who have made an incredible impact in the world of Indian real estate. Not only have they been able to build a successful business together, but they have also helped to shape the way that real estate is viewed and conducted in India. Their work has revolutionised the industry and has set a new standard for excellence. The duo will move from strength to strength and will produce majestic real estate solutions for the city of Mumbai for years to come.