* Excellent investment potential
* Buy-to-let investment opportunity
* 7% guaranteed rental
Hill view Residential Project · Only 5 km from upcoming MIDC Special Economic Zone Site at Poladpur, Mahabaleshwar. · Only 25 kms from Panchani Hill Station, an attractive tourist destination · Currently no housing facilities exist in the area · Hill View is easily accessible within 3 miles of the SEZ. It has been designed to accommodate the thousands of highly skilled technicians & management staff seeking affordable accommodation.
Hill View will provide valuable housing in line with Government’s plans to reduce the number of people residing within the heavily overpopulated City of Mumbai. · Green Valley will only provide 3,000 houses out of approximately 50,000 members of staff A Sprawling Residential Complex Set Amidst the Abundant Greenery of Podalpur ‘luxurious accommodation for SEZ employees’ · A low density township set amidst 220 acres of lush green surroundings · Open-air themed dining facilities, gymnasium and Club House available for all residents · 24 hr security and intercom service. Individual parking allocations · High quality finishes include granite and marble flooring, internet & satellite fittings, top quality bathroom fittings · Swimming pools, waterslides and children’s play area · Multi cuisine restaurant and coffee shop.
A tranquil escape from Mumbai’s over populated, polluted and un-affordable city centre Payment Terms · Non refundable reservation deposit: INR160,000 / €3,000/ £2,000 · 30% plus costs 7 days from reservation (less deposit) · 20% October 2007 · 20% April 2008 · 20% October 2008 · 10% plus costs on completion (anticipated Aug 2009) The Developers: Profile Group and Sigrun Realties §Profile Group offer marketing, feasibility studies, conceptualization, consultancy, land acquisition and development of ground breaking landmark real estate projects in Dubai and beyond. With extensive modern headquarters in Dubai, and a strategic network of offices in key locations around Europe, Profile Group is at the forefront of design and development in the booming Dubai property market. As shareholders of Sigrun Realties, we are delighted to add Cape Corinth to our expanding portfolio of projects around the globe. §Sigrun Realties, part of the larger Sigrun Group is a rapidly expanding conglomerate with interests in Realties, Positive Energy, Infra-projects, cinema & processed foods. Sigrun Realties’ portfolio of high value projects (which includes residential developments, office blocks, hotels, mega townships and IT parks) has earned them their reputation as one of Maharashtra’s most prominent developers.
Why Invest in Hill View?
Demand currently outstrips supply (housing shortage) - prices expected to increase by up to 100% by completion in 2009 § Year on year capital growth is anticipated at a further 25% § €100,000 worth of Real Estate could therefore be worth up to €610,351 by 2014 § 35% rental returns are GUARANTEED over five years § Potential gross yields of up to 476% are therefore possible within a seven year duration Scenario 1: Purchase of A Type Studio Villa § Net Price: INR 1,655,280 § Gross Price: INR 2,079,660 (approx 25% on net includes taxes, water, electric & furniture etc) § 7% Guaranteed rent x 5 years: INR 579,348.00 § Capital Growth estimated at 50% by completion: INR 827,640 § Post completion compound growth of 25% x 5 years.
New Price: INR7,577,271 Total value of investment: INR 8,156,619 § Total Gross returns: INR6,076,958 (292%) Scenario 2: Purchase of B Type Two Bedroom Villa* § Net Price: INR 3,702,600 § Gross Price: INR 4,503,450 (approx 21.5% on net includes taxes, water, electric & furniture etc) § 7% Guaranteed rent x 5 years: INR 1,295,910 § Capital growth estimated at 50% by completion: INR 1,851,300 § Post completion compound growth of 25% x 5 years. New price: INR 16,949,158 § Total value of investment: INR 18,245,068 § Total Gross returns: 13,741,618 .
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Edited by Adam - 01 Jun 2008 at 9:55pm