Omaxe Service Apartment in New Chandigarh ,Mullanpur with 12% assured return and Life Long Lease Rentals after possession
|Service Apartments with 12% Assured Return At|
|New Chandigarh, Mullanpur|
|LOCATION:-HOTEL HOLIDAY INN|
|(7 ACRES LAND)|
|Booking Amount: – Rs. 3 LAC|
|PRICE Rs. 6100/- SQ. FT. (Approximate) Special 150 Per Sq Ft Inaugural Discount for Limited Period.
|The only Hotel in the city of New Chandigarh|
|Unit Area ( Super Area ) of Service Apartment in New Chandigarh , Mullanpur
||Price in ( INR )|
|480 sqft. (1Br+Pantry) Service apartment in New Chandigarh
|720 sqft. (1Br+Living Room+Kitchennette) Service apartment in Mullanpur
|960 sqft. (1Br+ Living Room+Kitchennette +Dinning Area) Service apartment
|1440 sqft.( 2Br+ Living Room+Kitchennette +Dinning Area) – Service apartment
IFMS = Self Use:- 50,000/- (On possession)
Lease:- 2,00,000/-(On possession)
Over and above this, On Rs 600,000/- for 480sqft, Rs 900,000/- for 720 sqft, Rs 12,00,000/- for 960 sqft and 18,00,000/- for 1440 sq feet shall be payable towards Additional Charges and IFMS at the rate of Rs 50,000/- for the people who wish to retain and Rs 200,000 who would lease it to the Hotel, are applicable.
(To be paid at the time of possession).
Additional Cost :-Include cost of Parking, EEC/FFEC, Power Backup, Club & Swimming pool.
You can Choose from four payment plans:-
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 (4500×18):81000
- Yearly Revenue: 81000×12:972000
- Investor’s Share is 60%:583200 per annul
- Hotel’s Share: 40%
- Return on Investment: 583200: 18% per annul
Downloads details regarding service apartments
- Single Page – Omaxe Service Suits – Click here
- Payment Plan of Service Apartments – Click here
- Complete details about Omaxe Service suits apartments – Click here
- Tentative Layout of Service suits in new Chandigarh – Click here
- Site Location Plan of Service suits apartment in Mullanpur -Click here
- EOI ( Expression of Interest ) – Booking form – Click Here.
- Location plan of Omaxe New Chandigarh in Mullanpur.
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: Omaxe Chandigarh Extn. GBP
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