Omaxe Service Apartments, Studio Apartments WITH 12% ASSURED RETURN AT NEW CHANDIGARH,

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OMAXE PRESENTS
SERVICE APARTMENTS| Studio 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.
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.

Sizes with price: -
1) 480 sq ft. 1br + pantry + wash-room- price Rs. 2928000/-
2) 720 sq ft. 1br +living room + kitchen + wash-room- price rs. 43,92,000/-
3) 960 sq ft. 1br + living room + kitchen+ dinning area + wash-room - price rs. 5856000/-
4) 1440 sqft. 2br + living room + kitchen + dinning area + wash-room - price rs.87,84,000/-

Additional charges:-
Ifms = self use:- 50,000/- (On possession), Lease:- 2,00,000/-(On possession)

Additional cost:-
480 sq.Ft = 6 lac
720 sq.Ft = 9 lac
960 sq.Ft = 12lac
1440sq.Ft = 18lac
(Client have to pay 50% on completion of structure and 50% on possession).
Additional cost :-Include cost of parking, EDC,IFFC, Power backup, Club & swimming pool.

You can choose four Payment plans:-

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 COMBO PLAN :- (50% Payment)




12% Assured return of 50% payment till possession
Balance Payments Linked With Construction

4. 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):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.
Booking Amount: 3 Lakhs
Cheque Favoring:” OmaxeChandigarh Extn. GBP”


Call for booking now: +91-90234-07035 

+91-90234-07035

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Disclaimer:- Any content mentioned in the Article is for information purpose only and does not constitute any offer or guarantee whatsoever on the content mentioned above. Prices are subject to change without notice.you are strongly advised to check these independently. We shall not be liable for any deficiency in service by the builders/developers/sellers/property agents



+ comments + 1 comments

15/03/2016, 17:21

very good investigation report This is snowballing into another big scam, this time the gandhis directly involved. real estate advertisement in india

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