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PLOT SIZES : 1000 Sq Yards
PRICE : Rs. 650 / Sq Yards
PAYMENT SCHEDULE : 25% down at registration
25% after 45 days of registration
25% after 90 days of registration
25% after 135 days of registration
IMPORTANT NOTES :
• Allotment after completion of payment.
• You can sell your interest in the Land Bank with an assured return of 9% at the end of one year after completing the payment. At the end of the second year you can get an assured cumulative return of 20% & at the end of three years 32%, four years @ 45% & five years @ 50%.
The promoters anticipate that demand for land in this area will pull prices to Rs.2,000/3,000 per sq, yds. Range in 3-5 years for individual plots and Rs.3,000/4,000 per sq.yds for parcels of 25 acres and above. Consequently, you are better off buying into a land bank and sharing in the rewards of appreciation along with the promoter in the ratio of 80:20. (80% of the premium for you and 20% for the promoter).The promoters may sell the land bank to several buyers over the next 3-5 years, joint venture it or develop it themselves. With a low investment, you will profit much more* and pay lower long term gain taxes(minimum 3 years holding qualifies for long term gains tax treatment).
LOCATION MAP
Suppose one invests Rs.2.00 lacs to buy a 200sq.yd. plot from the competitor @ Rs.1,000/Sq.yd. For the same Rs.2 lac one can buy approximately 364 sq.yds.@ Rs.550/Sq.yd. of this land bank. Let us assume four years later both plots are sold for Rs.2,000/Sq.yd.Your profit from competitor is Rs.(2,000-1,000)x 200 sq.yds= Rs.2.0lacs. The profit from the land bank is Rs.(2,000-500)x364 sq.yds.=Rs.5.46 lacs. Out of this investor get 80% & promoter gets 20%.
P.S. Rate subject to revision anytime without notice
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