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Holiday Inn Serviced Apartments Mullanpur New chandigarh

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Know More About Service Apartment Payment Plans

   
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. 5950/- 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 480|720|960|1440 Sq.FT
For more details please call:
9988010405

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”
Disclaimer: - Any content mentioned in the mail 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. It is solely your responsibility to evaluate the accuracy, completeness and usefulness of all opinions, advice, services, merchandise and other information provided and 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

 
 
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