Go1 Brochure 12april
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PROPOSED 1RESORT AT BADEM,ASSAGOA, BARDEZ, GOA by
Bhoomi Developers
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GOA
A land of beauty, known for its wonderful beaches, rich flora
and fauna and unique culture. Goa is visited by a large number
of international and domestic tourists each year.
Goa is India's richest state with a GDP per capita two and a
half times that of the country as a whole. It was ranked the
best placed state by the Eleventh Finance Commission for its
infrastructure and ranked on top for the best quality of life.
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SITE
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SITE PLAN
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GROUND FLOOR PLAN
COMPRISES OF MAINLY PUBLIC SPACES LIKE, RESTAURANTS, RECEPTION DESK, LOBBIES, HEALTH
CENTRE, GYM, SPA, COFFEE SHOPS, BARS, ART GALLERY, CURIOS SHOPS
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BASEMENT PLAN CAR PARKS, TWO WHEELER PARKING AND ULITILITES
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TYPICAL FIRST AND SECOND FLOOR PLAN
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THIRD FLOOR PLAN
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FOURTH FLOOR PLAN ATTIC)
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ROOF PLAN
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SEA SIDE ELEVATION
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ROAD SIDE ELEVATION
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DETAILS OF A HOTEL ROOM
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CONCEPT OF CONDO HOTEL/RESORT The concept of condo resort/hotel is relatively old in India, allowing buyers to own an room/apartment in a resort or a hotel. The
owner is entitled to an average of 21 to 30 days use of the apartment in a year, and the resort management uses the rest of the time to
generate revenues from tenants. The rental proceeds are split between the apartment owner and the resort operator. Many condo
hotels across the world are managed by luxury hotel brands. They offer a host of amenities and buyers share the cost of upkeep by way
of annual maintenance fees.
The condoresortconcept is different from a vacation timeshare, where you dontown a room/apartment and you are not entitled to
a share of the profits. Also, in a vacation timeshare, you are only entitled to use any of the rooms in the hotel chain for typically a week.
- Commonly managed to operate as a hotel/resort with individual units sold to consumers
- Hotel/resort rooms put into a condominium legal structure
- Owners receive a personal use right of an average 21 to 30 days per year
- Purchasers join a rental pool and the property operates as a hotel/resort
This property will be managed by M/s Hitesh Motels Pvt Ltd. They are managing and operating Poonam Hotel, Deccan, JM Road, Pune
since 1997.
GO1 Resort Goa is with freehold hotel room in a 3* resort, located at Badem, North Goa near Anjuna/Vagator Beach with a lovely view.
The hotel room are designed with contemporary architecture and the resort structure itself is artistically inspired by Portuguese
architecture.
The GO1 Resort facility offers lifestyle amenities such as Health Club, Multi-Cuisine Restaurants, All day dinning, Roof top infinity
Pool/Bar, SPA, Library, kids activity centre, convenient shopping, coffee shop, car wash, conference halls, Banquet hall, Business centre
at entrance, complete power backup, travel desk, parking, Lounge bar, a few rooms for handicapped, luggage room and in-house 2
wheelers rental.
GO1 Resort, Badem, Goa offers you an option to own a luxurious holiday home of outstanding quality whilst minimising the costs and
worries linked to owning and maintaining an apartment/room all year round. Your room will be yours in perpetuity and can be willed to
family members or sold in open market (operator lease will however continue).
Your luxury room will be furnished, serviced and managed on your behalf by the Resort Management Company and earn an annual
rental on the cost, while also enjoying 21 days free stay at your room every year.
The developers Bhoomi Developers are a newly established registered partnership firm, registered in Pune. This is their first
development. They are backed by Engineers who have more than 30 years experience in construction industry in India and abroad.
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GuestroomFacilities
Bed (King size 2.0x2.0 M)
Bed side table(s)
Sofa cum bed (for additional bed space)
Coffee Table
Writing Desk
Luggage Rack
Wardrobe
Full Length Mirror
Chest Drawers
TV 32 LCD/LEDArtwork
In-house movies on demand
Mini-bar
Tea/coffee making
Direct IDD telephone line
Computer connection
Wake up system
Black out curtain
Bathroom with WC, washbasin, separated shower area &hairdryer,
Air-conditioning (split type)
Laundry/Dry Cleaning Services
Room Service
Wifi /Broad band connection
Permanent safe, electronic type.
Entrance/ Bedroom:
Floor : marble or tiles of high quality
Walls: texture paint
Ceiling: wood in entrance, paint with wooden cornice in bedroom
Fabrics of high quality.
Black out curtains.
Lighting fittings of high quality.
Telephone: 2 outlets.
Bedside switches.
Bathroom:
Floor : Nonslip ceramic tiles of high quality
Wall: Ceramic tile of high quality
Vanity counter: Granite
Sanitary wares and fittings of high quality, resort style
Wide mirror
Shaver power and travel charging facility.
Towel racks, tissue paper holder, soap & shampoo dispenser,
Shower cubicle.
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Booking Process
Buying a hotel apartment in GO1 Resorts at Badem, Assagoa, Goa, is simple and straightforward.
Make your enquiry and learn more about the concept and do visit the project site.
Once you choose your room, please deposit a reservation fee of 20% of the total property cost to book your
apartment. Payment shall be made to BhoomiDeveloperspayable to Acc # 00072560004591, HDFC Bank,
Bhandarkar Road Branch, Pune.
70% payments during progress of work (stages as under).
10% on completion of slab of lower basement.
10% on completion of slab of upper basement.
10% on completion of slab of First floor.
10% on completion of slab of second floor.
10% on completion of slab of Third floor/roof.
10% for FFE as advance, 30 days notice will be given.
10% on completion of all internal & external finishing of the room.
10% before handing over the possession.
Should you require a home loan, contact any of our affiliate banks/financial institutions to get your homeloan sanctioned.
WELCOME to the GO1 Resorts at Badem, Goa family!!! Enjoy your hotel apartment and every future visit.
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Investment Options & Commercial offer
Freehold Commercial PropertyDontJust Retire, Retire Rich. We see this investment as a PENSION
Scheme.
OPTION 2:
HOTEL ROOM OWNERSHIP WITH RENT BACK WITHOUT FREE STAY
15 year (5+5+5) Lease back agreement where you lease thehotel room for the first five years and subsequently for fiveyears intervals.
Rentals paid quarterly - 9% per annum of the invested amount for the first five years
12% per annum for the next five years
15% per annum for the last five years
Zero Maintenance Charges on FFE and structure.
No electricity, water charges and Property taxes.
You can terminate the lease back agreement by giving 2 (two)months notice to (Resort Operator) Lessee if decided by theownersto change the operator.
This agreement is transferable, in case you intend to sell yourapartment.
Every five years, furniture will be replaced or renovateddepending on condition.
Your apartment will be refurbished at the end of each leaseperiod.
Buy Back Option after the end of first five year lease period@25% appreciation.
Insurance of property is covered by the operator during thelease period.
OPTION 1:
HOTEL ROOM OWNERSHIP WITH RENT BACK AND FREE STAY
15 year (5+5+5) Lease back agreement where you lease the hotel room forthe first five years and subsequently with five years intervals.
Property is commercial and not residential.
Rentals paid quarterly-
6 % per annum of the invested amount for the first five years
9% per annum of invested amount for the next five years and
12% per annum of invested amount for the subsequent five years.
21 days free stay in a Calendar Year (2 weeks during June/July/Aug/Sept andone week during peak period except 23rdDec to 4thJan) with lodging andboarding for 2 adults plus 2 kids.
Zero Maintenance Charges on FFE and structure.
No electricity, water charges and Property taxes.
You can terminate the lease back agreement by giving 2 (two) months noticeto (Resort Operator) Lessee if decided by the Ownersto change the operator.
This agreement is transferable, in case you intend to sell your apartment.Every five years, furniture will be replaced or renovated depending oncondition.
Your hotel room will be refurbished at the end of each lease period.
Buy Back Option after the end of first five year lease period @ 25%appreciation.
Insurance of property is covered by the operator during the lease period.
Car park is free for the owners during their stay.
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The TEAM
Project Manager & QS
Mr. Satish HiregoudarCell: +91 9833395223
[email protected], www.apexcengg.com
GO 1 RESORT AT Badem, Bardez, North Goa
Project Chart, 26th
March 2012
Hotel Operator
POONAM HOTEL, JM Road, PUNE
Hitesh Motels Pvt Ltd, PUNE
Mr. Kamalesh ShahaniCell: +91 9822435272,
www.poonamhotelpune.com
Architect
Design Consortium, PuneMrs. Sujata S KodagCell: +91 9822290761
OWNERS & DEVELOPERS
M/s BHOOMI DEVELOPERS, PUNE
Mrs. Rachana Shahani &
Mrs. Savita Hiregoudar
Kitchen & Laundry Consultant
Ms. Hitesh Motels Pvt Ltd.
Mr. Kamalesh ShahaniCell: +91 9822435272,
Structural Engineer
Mr. Satish HiregoudarRegistered with TCP, Goa
Local Architect and Planners
Mr. Mansab Ali, Cell +91 [email protected]
VASTU Consultant
Mrs. Anapoorna Kulkarni,
Pune
Interiors Designers
Design Consortium,
Mrs. Sujata S KodagCell: +91 9822290761
MEP Engineers
INTEGRATED TECHNICAL SERVICES
Mr. Rohit UchilCell: +91 9821152696, [email protected]
Landscaping Consultants
Design Consortium
Signage & Graphics
Approved Bankers
Cosmos Bank
HDFC Bank
Saraswat Bank
Legal Consultant
Mr. Gajanan Korgaonkar,Tel: 0832 2262320, 09823085738
315, Consmos Centre, Morod, Mapusa,Bardez,Goa 403 507.
Local Issues
Mr. Nikhil Bhagat
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Q n AHere is a list of frequent questions that we have encountered and our responses to them. Should you have any f urther queries in addition to these, please feel free to contactour Sales &
Marketing team.
1. Who looks after the property when I am not there?
Ans: A professional resort operating/management team (M/s Hitesh Motels Pvt. Ltd) will look after your property for you, allowing you to enjoy each stay, knowing your
investment is in safe hands. The management team will arrange for cleaning and other services that might be needed to keep the property in top condition for resortguests and owners staying during their free stay period.
2. Are transport facilities available at the resort?
Ans: Taxis and scooters/motor cycles are available on hire for shopping and commuting in Goa. Private transport and airport pick-ups can also be organized for a nominalcharge.
3. Can I get a bank loan to finance my purchase?
Ans: Yes. The developers, M/s Bhoomi Developer will have affiliations with several banking and financial institutions to enable your purchase through a loan.
4. Are there medical facilities at the site?
Ans: Basic First Aid is available at the site. In addition, a doctor will be available on call at standard charges.
5. Is parking free & safe?
Ans: Parking is safe and is available to all Condominiums owners when they use their free stay option. Guests of resort are allowed free parking in the lower basement.Paid. Car wash facility is also available.
6. What are the terms of payment when purchasing a GO1 Resort Condominiums?
Ans: The terms of payment are as follows:
20% of Condominiums value on booking
70% progress payments
10% on handing over the Condominiums keys
7. Who are the builders and developers of GO1 Resorts?
Ans: GO1 Resorts is developed by M/s Bhoomi Developers, Pune. M/s APEX Consulting Engineers are the Project Management consultants. M/s Hitesh Motels Pvt. Ltd. isthe resort operator and management team. They are the owners and operators of Poonam Hotel in Deccan, Pune since 1997.
8. Are the Condominiums fully furnished?
Ans: Yes, the Condominiums are fully furnished and additional amenities are available on request through the resort.
9. What are the check-in and check-out timings for complimentary stay in the Rent Back Options?
Ans: In the Rent Back Options, the complimentary days of stay will have a check-in and check-out time of 12 noon.
10. Can liquor be consumed in the Condominiums?
Ans: Yes, your Condominiums is your home and you may choose from a variety of beverages available at the resort or get your own. However, damages caused byirresponsible behavior will be back charged/claimed.
11. Is there a provision for electricity failure?
Ans: Yes. GO1 Resort is well equipped for any power failures. The resort has a robust 100% back-up system for any shortages.
12. Is there a kitchen set up in the Condominiums?
Ans: No. All food is served in the restaurant. In the rent back options, the 21 days free stay includes all meals.
13. What are the pool timings? What are the safety measures at the pool?
Ans: The swimming pool is open from 7 am to 8 pm every day. There is a separate pool for children and a Life Guard will be available.
14. Can I bring my dog and cat to the Condominiums?
Ans: Pets are not allowed into your Condominiums.
15. Is the property free hold?
Ans: Yes.
http://www.tuscanyterraces.com/?page_id=305http://www.tuscanyterraces.com/?page_id=305 -
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Site Photographs
Site
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Site Photographs
West View South View
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Site Photographs
North View East View
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Room Rate comparison
GO 1 Resort room size are 33 sq m and the resort falls under Mid Market Category hotel.
The price of a room East facing is Rs. 40 lakhs and West Facing (Sea side) is Rs. 45 Lakhs
inclusive of land cost.(The above market price of Mid Market Category Hotel is Rs. 55-60 lakhs is without Land
cost)
For further details refer to these URL :http://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chain
http://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-
budget-hotels
http://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-20/news/31079668_1_infrastructure-status-hotel-industry-budget-hotelshttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chainhttp://articles.economictimes.indiatimes.com/2012-02-19/news/31075285_1_budget-hotels-economy-hotel-hotel-chain -
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Details
Cost with
furnishing
in Rs.
Assured
Income @ 6%
PA for Option 1
Annual
Maintenance
@ 2.5%
including
Property tax
etc paid byoperator
Free Stay
worth (2
weeks
low &
1weekhigh)
Total
Benefit
Net
income %
Plus
property
appreciati
on
ROI per
year
East side Room 4,000,000 240,000 100,000 98,000 438,000 10.95% 8.00% 18.95%
Sea view room 4,500,000 270,000 112,500 105,000 487,500 10.83% 8.00% 18.83%
(9%) for Option 2
East Side Room 4,000,000 360,000 100,000 0 460,000 11.50% 8.00% 19.50%
Sea view room 4,500,000 405,000 112,500 0 517,500 11.50% 8.00% 19.50%
Option 2 (without free stay)
Option 1 (with 21 days free stay)
Yield on investment for the First 5 years Lease
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Contact Details
Bhoomi DevelopersNo. 11, Janaki Prsasad Apts,Lane # 9, Prabhat Road, Erandwana,Pune 411004.
Tel: +91 20 25532265, 25531794Fax: +91 20 25533448
Marketing:
Pune
Kamal +91 9822435272
Savita +91 9226960034
New Delhi
Rao +919711228842
Goa
Mansab Ali +919637541075
Satish +91 9420155765
Email: [email protected]
www.apexcengg.com
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Invest and Relax
1 Resort