The project idea is to built residential layout/villas/apartments in Karnataka's second commercial city, Hubli-Dharwad. It will require Rs.22,50,00,000.
For this project I have to buy land in good location and start development works immediately.
Investment details for the residential layout project:
Project name: DREAMHOME RESENDTIAL PARK
Project place: HUBLI-DHARWAD
Required investments: Rs. 22,50,000 (USD:5,00,000)
No. of acres: 30 ACRES (13,06,800 SQ.FT)
Cost of land: Rs. 12,00,00,000 (40,00,000/ACRE)
Development cost: Rs. 6,00,00,000
Total cost (approximately):Rs. 20,00,00,000
Plotable area: 7,18,740 SQ.FT
If only plot sold@Rs.400/sq.ft for 7,18,740 sq.ft the amount will be Rs.28,74,96,000 then the profit will be Rs.8,74,96,000.
if plot will be sold@ Rs.600/sq.ft the amount will be Rs.43,12,44,000
the total profit will be Rs.23,12,44,000
If you are interested investor, feel free to contact me on Merar.
Most of the developers start booking at the initial stage of ground work and they take long time for complete the project so if book plots at the final stage of ground work we get good rate/sq. feet.
We have good opportunity to develop beautiful layout with unique amenities like, indoor stadium, club house, gardening, and security, swimming pools, width roads, etc.
We can make money by advertising in institutions, in media etc.
Other developer they are not bothered about customers’ satisfaction. This is the main advantage for us - to satisfy customers in order for us and get good rates.
This investment project will require Rs.22,50,00,000 (USD 5,00,0000). The project requires finance for to make good profit and good reputation.
Investment can be recovered in just 3 years.