OMAXE MULLANPUR,SERVICE SUITES IN HOTEL HOLIDAY INN, NEW CHANDIGARH

OMAXE PRESENTS

SERVICE SUITES WITH 12% ASSURED RETURN AT

NEW CHANDIGARH,

MULLANPUR

LOCATION:-HOTEL HOLIDAY INN

(7 ACRES LAND)
Price :- Rs. 6750/- per sq ft.

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:

+91-9501438259,9915514484

	Down Payment*	Flexi Plan**	Combo Plan***	Construction Linked (Staggered in 5 years)
On Booking	Rs. 3 Lakhs	Rs. 3 Lakhs	Rs. 3 Lakhs	Rs. 3 Lakhs
60th Day	100%	50%	50%	20%
Installments	Nil	12.5% (4 Quarterly Installments)	Linked with Actual Construction	Linked with Actual Construction

*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. 

Lakhwinder Kumar Paul
Real Estate Consultant
+91-9501438259,9915660550
Wealth Care Expert
"We Understand The Value Of Your Wealth"

Web:- 
www.propertyinmullanpurnewchandigarh.com