We are a Real Estate Development firm in Mumbai. We are at the start-up stage in that business and already have good location properties in Mumbai, Pune & Thane
The project which we want to start with is called Heaven-Life Style. There is 28,000 sq. ft. land located in Kalyan-Thane valued at around INR 7 Crores ($10 Million). The rate per sq. ft. in that area is Rs.7500 ($ 150). There are projected three wings and as per architectural report we should develop the property up to 70,000 sq. ft.
It is a good and really profitable proposal for persons who have the required amount in form of liquidity or bank FD.
The project going for redevelopment and construct total 70,000 sq.ft. salable area. In that total salable area we will get 35000 sq.ft. for sale i.e. our profit. As investor you get 10% ROI per annum + 50% share in Profit.
Kindly do needful and think about this profitable project.
We have property at a prime location therefore we have great bargaining power.
Around 70,000 sq. ft. construction will be done. As per market rate we should get Rs.7,500 per sq. ft. Therefore, getting returns from our project is guaranteed.
We should start bringing returns to the investor after starting our project in form of interest on their investment.
The amount invested will be used for construction works on the property as well as for working capital in our business.
We are looking for an investment of around INR 10 Crore ($ 1.5 Million). Investment need in 6 installments. First Installment is INR 4 Crore ($ 0.75 Million)
Finance will be use for Construction of Housing units for sale.
We are looking for equity investment for our project. We will offer to investors fix returns of 60% annual ROI.