Guest guest Posted October 12, 2006 Report Share Posted October 12, 2006 Dear Friends, Here is an immensely attractive investment opportunity for small investors to own a pie of the prized FASHION TECHNOLOGY PARK, Mohali. The offer is Pre-Leased Freehold 100 sqft units on 5th Floor and 125 sqft on 6th Floor (Super Area) in the Industrial Zone for Rs 5.00 lacs per unit on an outright purchase basis. The Unit Holder gets Freehold Transferable Ownership Rights. The builder, Chandigarh Overseas Pvt. Ltd shall sign a BUYBACK Memorandum of Understanding with the investor giving him the RIGHT ( BUT NOT THE OBLIGATION ) to sell the unit back to Builder at a minimum price of Rs 750000/-, thus assuring handsome return on investment. The following calculation depicts the Rate of Return calculations for the proposal. A Total Cost - Purchase Rate 500,000.00 B Own Contribution 200,000.00 C Loan Funding ( HDFC Bank ) 300,000.00 D Interest on Loan 50,000.00 E Final Sale Price - Minimum Assured 750,000.00 F Net Profit [E-(B+C+D)] 200,000.00 G TOTAL INVESMENT ( B+D ) 250,000.00 H MINIMUM RETURN IN 30 MONTHS 80.00% Also find attached alongwith the project synopsis and feel free to revert for any clarification(s). P.S: As there are very limited no of units left, we request all the sincere investors to revert in pronto.. Regards Amit Singh Quote Link to comment Share on other sites More sharing options...
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