Commercial SCO Plotted DevelopmentNew ChandigarhNewly LaunchedOmaxe Limited

Omaxe Urban Square-14

Omaxe Limited|Village Salamatpur & Rasoolpur, PR-4 Corridor, New Chandigarh (Mullanpur), Punjab 140901|4.9 Rating
Indicative Pricing
₹85 Lacs – ₹3.20 Cr
Base Rate: 11,500/sq.ft.
Verified RERA RegistrationPBRERA-SAS80-PC0414 (Punjab RERA)
Omaxe Urban Square-14
Photo 1 of 3

About Omaxe Urban Square-14

Omaxe Urban Square-14 is a newly launched, GMADA approved commercial plotted SCO development in New Chandigarh (Mullanpur) along the PR-4 Medicity corridor. Providing Basement + Ground + 4 Floors constructibility with liberal FAR, it represents a high-appreciation commercial investment adjoining Homi Bhabha Cancer Hospital, Medicity, and luxury residential townships.

Key Project USPs

First master-planned commercial SCO plotted development in Medicity belt
Basement + Ground + 4 floors constructibility with GMADA approved FAR
Direct 100 ft PR-4 arterial road connectivity to Chandigarh Sectors 11/12
Backed by Omaxe Limited's proven township development track record

Floor Plans & Unit Layouts

3 Configurations
100 sq.yd. SCO Commercial Plot₹85.00 Lacs
Super Area: 900 sq.ft. (plot area)
B+G+4 Constructible Commercial Footprint
150 sq.yd. Boulevard SCO Plot₹1.45 Cr
Super Area: 1,350 sq.ft. (plot area)
B+G+4 Constructible Flagship SCO
Built-up Commercial High-Street Unit₹3.20 Cr
Super Area: 2,800 sq.ft.
Multi-Level Retail & Corporate Bay

100 sq.yd. SCO Commercial Plot

Configuration: B+G+4 Constructible Commercial Footprint • Super Area: 900 sq.ft. (plot area)

Indicative Starting Price₹85.00 Lacs

Construction Progress & Milestone Tracker

55% Completed
Current Phase: RCC Floor Slabs & Tower Superstructure RisingTarget Possession: Dec 2028

Key Milestone Breakdown

Land Acquisition & Clear TitleDone

100% Freehold encumbrance-free title verified by RERA

Statutory Approvals & SanctionsDone

Building plan sanctioned by municipal authorities & RERA certified

Raft Foundation & Basement RCCDone

Heavy reinforced concrete raft foundation and basement parking

Tower Superstructure & SlabsIn Progress

Mivan / RCC earthquake-resistant frame construction

Brickwork, MEP & Plastering

Plumbing, electrical conduit lines, acoustic brickwork & elevators

Internal Finishing & Clubhouse

Flooring, wall paint, clubhouse amenities & external landscaping

Occupancy Certificate (OC) & Handover

Final regulatory inspection & possession by Dec 2028

Buyer Protection & Legal Due Diligence

100% RERA Verified

Every project listed on TricityProjects undergoes strict statutory screening to protect buyer capital. Below is the verified legal and regulatory audit for Omaxe Urban Square-14.

Approving AuthorityVerified

GMADA (Greater Mohali Area Development Authority) & Eco-City Special Area Authority

Building plan sanctioned with approved zoning and FAR compliance.

Land Title & OwnershipVerified

100% Freehold Clear Title

Direct ownership land with zero encumbrance, no mortgage disputes or litigation.

RERA Escrow AccountVerified

Dedicated 70% Escrow Active

70% of buyer collections strictly deposited in project escrow for timely construction.

Statutory ClearancesVerified

Environment (SEIAA) & Fire NOC

Complies with National Building Code (NBC) and environmental air/water safety norms.

Structural Safety StandardVerified

Seismic Zone-IV RCC Framework

Engineered and audited by accredited structural safety consultants.

RERA Section 14(3) WarrantyVerified

5-Year Structural Defect Guarantee

Developer legally obligated to rectify any structural defects for 5 full years from handover.

Why Buyer Capital Is Safe in Omaxe Urban Square-14

Under RERA Section 4(2)(l)(D), 70% of all funds collected from buyers are deposited directly into a designated project escrow account, strictly usable only for land cost and ongoing construction. In case of any possession delay, buyers are legally protected with monthly interest compensations linked to SBI MCLR + 2%.

Pre-Approved Home Loans & Banking Partners

APF Vetted

Top nationalized and private financial institutions have conducted independent legal title vetting on Omaxe Urban Square-14, offering fast-track loan sanctions with zero legal scrutiny charges for buyers.

SBIState Bank of India
Max Loan-to-Value
HDFCHDFC Bank
Instant Sanction
ICICIICICI Bank
Pre-Approved APF
AXISAxis Bank
Fast Disbursal
PNBPunjab National Bank
Lowest Govt Rates
Eligible for up to 80%–85% property value financing • Floating repo-linked rates starting 8.35% p.a.

About the Builder — Omaxe Limited

Experience37+ YearsEst. 1989
Delivered Area132+ Million sq.ft.Residential & Retail
Total Projects65+ ProjectsAcross Punjab & NCR
RERA Compliance95%100% Compliant

Corporate Profile & Reputation

Omaxe Limited is a leading NSE/BSE listed national real estate company with an extensive portfolio spanning integrated townships, themed group housing, high-street retail, and waterfront luxury residences.

Construction Pedigree & Materials

Themed waterfront living, 1.5 lakh sq.ft. mega clubhouses, musical fountains, 25+ themed water bodies, and sports complexes.

Flagship Landmark Projects

Omaxe The Lake (New Chandigarh)Omaxe Celestia RoyalOmaxe Beacon Street
NSE/BSE publicly listed real estate developer
Over 3 decades of national execution legacy
Master-planned 1000+ acre township ecosystem

Landmark Distance Matrix

✈️ Int'l Airport25 mins (22 km)
💻 IT Park / Tech City15 mins (Chandigarh IT Park)
🏥 Hospital3 mins (Homi Bhabha Cancer Hospital / Medicity)
🛍️ Shopping Mall14 mins (Chandigarh Sector 17)
🚆 Railway Station18 mins (Chandigarh Railway Station)
📍 Micro-MarketPR-4 / Medicity Corridor

Clubhouse & Community Amenities

Wide 60-ft Concrete Boulevards
Underground Electrical & Fiber Cabling
Dedicated Surface Parking Bays
Landscaped Central Plazas
Stormwater Drainage Infrastructure
High-Mast Street Lighting
24/7 Gated Perimeter Security
EV Charging Plazas

Mortgage & EMI Forecaster for Omaxe Urban Square-14

Down Payment (20%)17.0 Lacs
Tenure
Interest Rate
Estimated Monthly EMI
59,012/mo
Projected 2031 Property Value: 1.60 Cr (13.5% CAGR)

Frequently Asked Questions about Omaxe Urban Square-14

What is the RERA registration number of Omaxe Urban Square-14?

Omaxe Urban Square-14 is officially registered with Punjab RERA under number PBRERA-SAS80-PC0414 (valid until December 31, 2028).

What construction permissions apply to SCO plots in Omaxe Urban Square?

Plots come with GMADA-sanctioned permissions for Basement + Ground + 4 upper floors with commercial retail and office zoning.

What is the starting price for SCO plots at Omaxe Urban Square?

Prices start at ₹85 Lacs for 100 sq.yd. commercial plots up to ₹3.20 Cr for built-up commercial bays.

Project Specifications

DeveloperOmaxe Limited
Sector / LocalityEco City-1 / Medicity
Expected PossessionDec 2028
Construction Stage55% Complete
Total TowersMultiple Towers
Total Units165 Residences
Project Land Area8.40 Acres
RERA RegistrationPBRERA-SAS80-PC0414
Verified Buyer Protection Shield
Pre-approved by 5+ tier-1 banks (SBI, HDFC, ICICI)
70% project funds in RERA designated escrow
5-Year structural defect warranty (Sec 14)
Zero litigation clear freehold land title
Direct Sales Desk

Schedule VIP Site Visit

Get verified price breakdowns, official floor plans, bank loan eligibility & direct builder allotment inventory.

Similar Upcoming Projects in New Chandigarh

DLF Hyde Park Estate
Near Completion

DLF Hyde Park Estate

DLF Limited

Sector 1 & 2 New Chandigarh, New Chandigarh

₹1.85 Cr – ₹4.90 CrView Details
Omaxe The Lake & Celestia Grand
Under Construction

Omaxe The Lake & Celestia Grand

Omaxe Limited

Sector 3 New Chandigarh, New Chandigarh

₹1.10 Cr – ₹3.60 CrView Details
Ambika Florence Park
Under Construction

Ambika Florence Park

Ambika Realcon Private Limited

Eco City-1, New Chandigarh

₹95 Lacs – ₹3.55 CrView Details