Builder Rating : Omaxe Group

6
Execution Capability: 9.0 out of 10 ( It denotes points earned compared to Total points possible over various parameters)

The score captures the volume of area completed by a builder versus the volume of area launched. Generally, highervolume launched and completed, the better the project execution capability of a builder. Besides, the rating takes into account the parameters below. Generally, a higher score in all the parameters indicates a better delivery record. However, a higher number of Projects launched and a lower number of projects completed indicates more of work in progress which may put a strain on builder's execution capabilities.
The projects are divided into phases. In a large project, a particular phase could be fully constructed with people already living there, at the same time, active construction work could continue in another phase.

  • Project Launched : 13
  • Project completed : 9
  • Phases launched : 12
  • Phases completed : 9
  • Percentage of towers completed Vs Launched : 90.12%

Project Launched vs state of completion

Projects Construction Stage
Omaxe The Forest Spa 100.00 %
Omaxe Heights 99.96 %
Omaxe Grand 100.00 %
Omaxe Height Service Apartment 100.00 %
Omaxe The Forest 0.00 %
Omaxe Riyasat 100.00 %
Omaxe New Height 100.00 %
Omaxe Spa Village 100.00 %
Omaxe The Forest Spa 0.00 %
Omaxe Hills2 0.00 %
Omaxe Hills 0.00 %
Omaxe Green Valley 0.00 %
Omaxe The Nile 11.23 %


Adherence to Timelines -Timeliness Score: 36.4 out of 10 ( It denotes points earned compared to Total points possible over various parameters of timelines)

The score captures the average time difference between the launch and completion of all the projects by this builder. Generally, a smaller time between launch and completion indicates a quicker construction. However, time taken to complete a construction also depends upon the size of construction. These 2 parameters are combined to form this core.

Time difference between pre-launch and launch affects only the very early buyers, mainly investors.

  • Time taken for completion of property (depending upon number of stories in a tower and number of towers in a project).

 
Builtup Status with respect to ideal timeline
Projects (Phase) Actual Timeline Ideal Timeline
Omaxe Grand ( Phase 1 ) 1.86 Years 6 Years
Omaxe The Forest Spa ( Phase 1 ) 3.40 Years 5 Years
Omaxe Heights ( Phase 1 ) -2012.34 Years 6 Years
Omaxe Height Service Apartment ( Phase 1 ) -2014.59 Years 3.5 Years
Omaxe New Height ( Phase 1 ) -2008.84 Years 5 Years
Omaxe Spa Village ( Phase 1 ) -2013.59 Years 6 Years
Omaxe The Nile ( Phase 1 ) -2007.51 Years 6 Years
Under Construction Status with respect to ideal timeline
Projects Expected Timeline Ideal Timeline
Omaxe Riyasat ( Phase 1 ) 6.30 Years 4.5 Years
Omaxe The Forest Spa ( Phase 1 ) 3.40 Years 6 Years
Projects Status with respect to ideal timeline
Over All Project 49 %age OR 20.88 Months ahead of schedule

2. Time difference between Pre-Launch And Launch

Projects Pre Launch Launch Date Time difference
Omaxe The Forest Spa 2004-04-01 2004-06-01 0.17 Years
Omaxe Heights 2010-11-01 2010-12-01 0.08 Years
Omaxe Grand 2005-11-01 2006-01-01 0.17 Years
Omaxe Height Service Apartment 2013-02-01 2013-03-01 0.08 Years
Omaxe The Forest 2010-06-01 2010-08-01 0.17 Years
Omaxe Riyasat 2014-09-01 2014-11-01 0.17 Years
Omaxe New Height 2007-05-01 2007-06-01 0.08 Years
Omaxe Spa Village 2012-02-01 2012-03-01 0.08 Years
Omaxe The Forest Spa 2009-12-01 2010-01-01 0.08 Years
Omaxe Hills2 2011-05-01 2011-06-01 0.08 Years
Omaxe Hills 2011-04-01 2011-05-01 0.08 Years
Omaxe Green Valley 2005-03-01 2005-04-01 0.08 Years
Omaxe The Nile 2006-01-01 2006-02-01 0.08 Years
Overall Avg. Project Time     143.43 Years
  • Time difference between launch and pre-launch : 2.5 out of 10


Price Movement -Appreciation Score : 1.7 out of 10 ( It denotes points earned compared to Total points possible over various parameters of price appreciation)

The score captures the various points of price movement covering all the projects of the builder during the construction and after completion. Since the appreciation rate generally differs significantly between under-construction and built-up properties, they have been divided at places.

  • Price difference between pre-launch and launch dates
  • Price difference between launch and possession dates
  • Price movement after completion of property
Projects Pre Launch Price(Primary Price) Launch Price (Primary Price) Possession Price(Secondry Price) Current Price (Secondry Price) %age price change (Annual)Pre Launch to Launch %age price change (Annual) Launch to Possession %age price change (Annual) After Possession
Omaxe The Forest Spa 0.00 10114.00 0.00 7700.00 0/1 -29/1 0/1
Omaxe Heights 0.00 0.00 0.00 3800.00 0/1 0/1 0/1
Omaxe Grand 0.00 8357.00 0.00 6200.00 0/1 -54/1 0/1
Omaxe Height Service Apartment 0.00 0.00 0.00 3800.00 0/1 0/1 0/1
Omaxe The Forest 0.00 0.00 0.00 0.00 0/1 0/1 0/1
Omaxe Riyasat ( Under Construction ) 0.00 7487.00 0.00 0.00 0/1 -31/1 0/1
Omaxe New Height 0.00 0.00 0.00 3500.00 0/1 0/1 0/1
Omaxe Spa Village 0.00 0.00 0.00 3500.00 0/1 0/1 0/1
Omaxe The Forest Spa ( Under Construction ) 0.00 0.00 0.00 8200.00 0/1 0/1 0/1
Omaxe Hills2 0.00 0.00 0.00 5500.00 0/1 0/1 0/1
Omaxe Hills 0.00 0.00 0.00 5500.00 0/1 0/1 0/1
Omaxe Green Valley 0.00 0.00 0.00 0.00 0/1 0/1 0/1
Omaxe The Nile 0.00 0.00 0.00 8000.00 0/1 0/1 0/1
Average price movement for all properties of this builder (Data is shown in aggregated form below and in individual form in the graphs)
Projects Average pre-launch to launch Average Launch to possession Average annual appreciation after completion
Builder 0/1 -8.77/1 0/1
Premium Score : 4.8 out of 10 ( It denotes points earned compared to Total points possible over various parameters of Premiumness)

The score captures the premium or discount that a builder charges over its properties when compared to average prices of the properties in the respective cities. The score breaks up the properties into under-construction and built-up ones since the prices of an under-construction property is generally lower than a similar built-up property in the same location. The score considers all the properties of the builder with the properties in the same location. Resale prices are used for calculation. Direct allotment prices are used only where resale price is not available..

Premium during Under Construction period

Projects/City Project Price City Price Percentage Difference
Omaxe Riyasat /Noida N/A 4276.78 N/A
Omaxe The Forest Spa/Faridabad 7507.14 3861.29 94.42
Average   94.42

Premium after possession

Projects/City Project Price City Price Percentage Difference
Omaxe Grand/Noida 5054.50 4274.39 18.25
Omaxe The Forest Spa/Noida 7628.89 4272.40 78.56
Omaxe Heights/Faridabad 3900.00 4775.44 -18.33
Omaxe Height Service Apartment/Faridabad 3800.00 4719.89 -19.49
Omaxe New Height/Faridabad 3500.00 4727.24 -25.96
Omaxe Spa Village/Faridabad 3500.00 4731.93 -26.03
Omaxe Hills2/Faridabad 5500.00 4718.19 16.57
Omaxe Hills/Faridabad 5500.00 4714.55 16.66
Omaxe The Nile/Gurgaon 8000.00 7580.53 5.53
Average  5.08