Harry Dutt 9855646392

Harry Dutt +91-9855646392

http://propertyupdatesonline.com/

OMAXE PRESENTS SERVICE APARTMENTS WITH 12% ASSURED RETURN

AT NEW CHANDIGARH,

MULLANPUR 

LOCATION:-HOTEL HOLIDAY INN (7 ACRES LAND)

BOOKING AMOUNT: - 3 LAC PRICE Rs. 6100/- SQ. FT. (Approximate)

 

The only Hotel in the city of New Chandigarh 

G+22 High Rise Structure Approximately 200 Service Apartments with Assured Return and

Future Lease Rentals A Symphony Of Style & Function Plush well planned Fully Furnished Interiors. Open/ Stilt Parking Connected with 200 ft. wide highway and adjacent to Metro

Station With amenities like Swimming pool, Club, Gym, Spa, Restaurant.

480 sqft. (1Br+Pantry)             Price Rs. 720 sqft. (1Br+Living Room+Kitchennette) Price Rs. 960 sqft. (1Br+ Living Room+Kitchennette+Dinning Area) Price Rs. 1440 sqft.( 2Br+ Living Room+Kitchennette+Dinning Area) Price Rs.

Additional Charges:-

IFMS = Self Use:- 50,000/- (On possession) Lease:- 2,00,000/-(On possession)

Additional Cost:-480 sq.ft = 6 Lac720 sq.ft = 9 Lac960 sq.ft = 12Lac1440sq.ft = 18Lac

(Client have to pay 50% on completion of structure and 50% on possession).

Additional Cost :-Include cost of Parking, EEC/FFEC, Power Backup, Club & Swimming pool.

   

Payment Plans:- 

1. DOWN PAYMENT:-60 Days- (full payment)12% p.a assured return till possession or 5 years (whichever is later) payable through Post Dated Cheques.Life Long Lease Rentals after possession and Capital Appreciation 

2. FLEXI PLAN:- 60 Days (50% payment) 12% Assured return  of 50% payment till 1 year.Then after 1 yr. balance payment will be paid and then owner will get 12% assured return on 100% payment paid by the owner.Life Long Lease Rentals after possession and Capital Appreciation 

3.   CONSTRUCTION LINKED PLAN:-Payments linked with construction. Lease Rentals after possession and Capital Appreciation.Tariff Viability for Service Apartments 

Service Apartments will be fully furnished. 

Tariff of 5 Star Hotel in Chandigarh today: Rs.8500-9000 per day.Expected Tariff of 5 Star Hotel in Chandigarh in 2019: Rs.12000/-Expected Tariff of 5 Star Hotel in New Chandigarh in 2019(After Possession): Rs.8000/-Expected Tariff of Service Apartments in 2019: Rs.4500-5000/-Considering a 60% Occupancy:Monthly Revenue (4500x18):81000Yearly Revenue: 81000x12:972000Investor’s Share is 60%:583200 per annumHotel’s Share: 40%Return on Investment: 583200: 18% per annum 

Viability of Service Apartments: 

1.   Medicity in 300 acres would house 5-6 hospitals-a major clientele for Service Apartments2.   Film City3.   Edu City in 1700 Acres would have Universities and Institutes4.   140 Acre Commercial Hub-2 office Tower and other Commercial Buildings5.   Sports Complex in 44 Acres would have an International Cricket Stadium and other Sports Facilities.6.   Holistic requirement of the City for a Service Apartment.Booking Amount: 3 LakhsCheque Favoring: OmaxeChandigarh Extn. GBP

 

 Harry Dutt +91-9855646392

http://propertyupdatesonline.com/