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Karjat Project Summary

The document summarizes a proposed real estate development project in Karjat City, India. It will be a joint venture between landowners and financiers/developers. The 2.45 acre plot will be developed with 100 luxury row houses units ranging from 320-480 square feet, and 40 villa units ranging from 400-1616 square feet. The estimated cost is 11.92 crore INR and estimated sales revenue is 26.67 crore INR, yielding a projected profit of 10.17 crore INR. The document requests a finance partner to join in a memorandum of understanding and partnership deed to fund the development over 3 years.

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219 views2 pages

Karjat Project Summary

The document summarizes a proposed real estate development project in Karjat City, India. It will be a joint venture between landowners and financiers/developers. The 2.45 acre plot will be developed with 100 luxury row houses units ranging from 320-480 square feet, and 40 villa units ranging from 400-1616 square feet. The estimated cost is 11.92 crore INR and estimated sales revenue is 26.67 crore INR, yielding a projected profit of 10.17 crore INR. The document requests a finance partner to join in a memorandum of understanding and partnership deed to fund the development over 3 years.

Uploaded by

snehachandan91
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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KARJAT PROJECT SUMMARY

The location of landmarks is property identified in the area at Near Royal Garden, Nana Master, Nagar Road, Karjat City, Just 2.5 Km. from station to side. JOINT VENTURE The Project will be a JV with Landowner joint with Mr Financer on partnership deed into ratio 45% all free of cost to owner and, Balance 55% to Mr Financer & Developers Group.

We are looking for finance partner to develop the complex in 3 years. N.A. PLOT AREA IS 2,45,000 SQ FT Development scheme of the Fsi @ 0.20% for Luxurious Row houses SCHEDULE OF THE AREAS 1. Residential complex area is 49,000 Sq Ft plot as a 20% N.A. 2. Attach Ind Gardening area is 73,500 Sq Ft plot as a 30% N.A. 3. Amenities area is 12,250 Sq Ft plot as a 05% N.A. 4. RC/PC area is 36,750 Sq Ft plot as a 15% N.A. 5. Wide Road area is 73,500 Sq Ft plot as a 30% N.A. DEVELOPMENT ZONE FSI @ 0.20% permission of area is 66,150 Sq Ft Build Up 40% load is 26,460 Sq Ft Total is 92,610 Sq Ft S/Build up + Gardening is 73,500 Sq Ft Plot Total is 1, 66, 110 Sq Ft Build

Allotment of 100, unit of Luxurious Row houses & 1 BHK. Gr Floor Plot area 320 Sq Ft Residential 480 Sq Ft Gardening UNIT Area is 432 Sq Ft Built Up Gr + 1st Floor Home Using area is 320 Sq Ft Built Up Hall, Kitchen, WC, Toi, Pass ,, 112 ,, ,, Bedroom ,, 173 ,, ,, 40% Load ,, 480 ,, ,, Attach Independent Gardening / Boundary ,, 208 ,, ,, Attach Terrace 1,293 Sq Ft Built SALE PRICE is Rs.2500/- Sq Ft onward & Net Rs.32,32,500/-

Allotment of 40, Unit of Luxurious Row houses Villa & 2 BHK 1. 2. 3. 4. 5. GR Floor 400Sq Ft Built-up Hall, Bad, Kitchen WC / Toi 1st Floor 140 ,, Master Bedroom ,, 216 ,, Attach 40% Load ,, 260 ,, Attach Terrace ,, 600 ,, Attach Independent Gardening / Boundary Total 1616 Sq Ft Built

SALE PRICE is Rs.2500/- Sq Ft onwards & Net Rs. 40,40,000/RATIO ON JV AREA A. Landowner 45% Homes 45 x 18 = 63 to Handover B. Financer/Dev 55% Homes 55 x 22 = 77 to saleable SALEABLE / MARKETING 1. 55 Homes of 1 BHK A/C of Rs. 17,77,87,500/2. 22 ,, 2 BHK ,, Rs. 08,88,80,000/Total of Rs. 26,66,67,500/DEVELOPMENT COST IS A. To Landowner Token Adv pay Non-Refundable Rs . 0,25,00,000/B. ,, MOU - pay Refundable Rs . 1,75,00,000/C. Development Cost Rs 1500/- Ft Rs . 9,92,25,000/(Total) Rs . 11,92,25,000/Project cost is Rs. 10,17,25,000/PROFIT AND LOSS 1. Mr Financer 2. Mrs S.S. Mhatre 3. Mr Chirag Chandan

as Managing Director as Director & Development as Director & Development

55% 10% 20%

Care taker & Project Director on MOU & Ratio in 15% I hope you can please join with us and Make MOU and partnership deed for 3 Years and release the Fund of us. Thanking you, Yours faithfully,

Madam S.S. Mahtre

Chirag Chandan

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