Omkar Realtors
Est. 2003 · Mumbai, Maharashtra · Privately held · Mumbai & MMR
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Omkar Realtors?
Slum-rehabilitation specialist whose marquee towers (Alta Monte, 1973 Worli) ran into funding and legal turbulence.
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Completed projects (not disclosed)
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Sq ft delivered (not disclosed)
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Ongoing projects (not disclosed)
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Upcoming projects (not disclosed)
Our ratings
Builder Score Card
Each dimension is scored from delivery data, RERA filings and financial disclosures.
On-time delivery: 45% of towers delivered within 6 months of committed date.
Diligence
Litigation, Compliance & Financials
Litigation history
Promoter arrests and lender disputes reported; some projects transferred to or completed by other developers.
RERA compliance
Not separately assessed. Verify the specific project’s registration and quarterly progress on the state RERA portal.
Financial strength
Privately held with limited public disclosure — prefer construction-linked payment plans.
At a glance
Omkar Realtors in Numbers
Omkar Realtors is a privately held developer founded in 2003, headquartered in Mumbai, Maharashtra, active mainly in Mumbai & MMR. We rate it 2.5/5 overall — high-risk — which ranks 202nd of the 212 developers we profile and ahead of 5% of them. Its strongest area is trust (2.5/5) and its weakest is delivery record (2/5).
Benchmarking
How Omkar Realtors Compares
Each rating against all 212 developers we profile and the 24 in Mumbai & MMR.
| Rating | Omkar Realtors | Mumbai & MMR average | Better than |
|---|---|---|---|
| Construction quality | 2.4/5 | 3.5/5 | 4% of developers |
| Delivery record | 2/5 | 3.3/5 | 3% of developers |
| Customer satisfaction | 2.3/5 | 3.3/5 | 5% of developers |
| Financial strength | 2/5 | 3.3/5 | 2% of developers |
| Trust | 2.5/5 | 3.5/5 | 5% of developers |
Buyer guidance
Should You Buy a Omkar Realtors Project?
Omkar Realtors carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, compare the promised and actual completion dates of its last few projects on the state RERA portal, confirm the project's escrow account and RERA progress, and avoid large upfront payments.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Credit ratings and company filings, because Omkar Realtors is privately held and does not publish audited results.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Delivery record: compare the promised and actual completion dates of its last few projects on the state RERA portal.
The bottom line
Our Verdict
Only consider units in towers already delivered or taken over by stronger developers.
Portfolio
Notable Projects
Key Omkar Realtors projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Omkar Realtors: FAQs
Is Omkar Realtors a good builder? ＋
We rate Omkar Realtors 2.5/5 overall — high-risk. Only consider units in towers already delivered or taken over by stronger developers.
Is Omkar Realtors a listed company? ＋
No. Omkar Realtors is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Does Omkar Realtors deliver on time? ＋
Omkar Realtors has delivered 45% of its towers within six months of the committed date, and we rate its delivery record 2/5.
How many projects has Omkar Realtors completed? ＋
Omkar Realtors has not published a completed-project count that we could verify.
Does Omkar Realtors have litigation or RERA issues? ＋
Promoter arrests and lender disputes reported; some projects transferred to or completed by other developers.