OMAXE PRESENTS
SERVICE SUITES WITH 12% ASSURED RETURN AT
NEW CHANDIGARH,
MULLANPUR
LOCATION:-HOTEL HOLIDAY INN
(7 ACRES LAND)
*Inaugural Discount offer
Rs. 150/sqft
BOOKING AMOUNT: 3 Lakhs
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.
For more details please call:
+91-9501438259,9915660550
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Down Payment*
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Flexi Plan**
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Combo Plan***
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Construction Linked (Staggered in 5 years)
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On Booking
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Rs. 3 Lakhs
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Rs. 3 Lakhs
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Rs. 3 Lakhs
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Rs. 3 Lakhs
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60th Day
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100%
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50%
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50%
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20%
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Installments
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Nil
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12.5% (4 Quarterly Installments)
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Linked with Actual Construction
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Linked with Actual Construction
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*12% Assured Return paid through Advance Cheques for 5 years under Down Payment Plan after 100% payment is done.
**12% Assured Return paid through Advance Cheques for 1 Year under Flexi Plan. After 100% payment is done, cheques for the balance 4 years paid in advance.
***12% Assured Return paid through Advance Cheques for 1 Year under Combo Plan after 50% payment is done. Balance Cheques to be paid on annual basis.
Additional Charges (To be paid on Possession):
IFMS:
Service Suites for Self Use: Rs.50, 000
Service Suites for Hotel Pool: Rs. 2, 00, 000/-
Other Charges like Finishing, Furnishing, Power backup, Air-conditioning, Electric Equipment Cost, Fire Fighting Equipment cost, Furniture, Fixtures, Club membership, Car Parking charges etc.
Rs.6 Lakhs for 480 Sq Ft, Rs.9 Lakhs for 720 Sq Ft
Rs.12 Lakhs for 960 Sq Ft, Rs.18 Lakhs for 1440 Sq Ft
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):81000
Yearly Revenue: 81000x12:972000
Investor’s Share is 60%:583200 per annum
Hotel’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 Apartments
2. Film City
3. Edu City in 1700 Acres would have Universities and Institutes
4. 140 Acre Commercial Hub-2 office Tower and other Commercial Buildings
5. 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.
Cheque Favoring:
Omaxe Chandigarh Extn. GBP
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