Rare Monthly Interest Offer
for G&C Patrons
Earn 15% p.a.
versus 7% p.a. from Fixed Deposits (which is expected to fall further to as low as 5% p.a. in the next few months)
15% Fixed Returns p.a.
Paid Out on Monthly Basis
Very Small Ticket Size
As low as Rs.10 Lakhs onwards
Secure Returns Backed
by Indemnity Bond & Land
Over the last 2 years, many of our investors have been requesting for a monthly interest payout scheme and with the recent demonetisation policy – where interest from Fixed Deposits which is already at a low 7%, is set to fall even further to as low as even 5% or so in the coming months – we are receiving an increasing number of requests for investment opportunities to create secured monthly income streams for their families, particularly from NRIs who want to create an automated income stream for their parents back in India.
G&C is hence glad to offer you this outstanding opportunity as below.
Rs.10 lakhs and multiples of Rs.5 lakhs thereof.
For example, Rs.10 lakhs, Rs.15 lakhs, Rs.20 lakhs, Rs.25 lakhs and so on.
Monthly Interest Payments
- Will be credited directly to your nominated bank accounts on the 1st of every month (after deducting TDS as per income tax rules from time to time, which is 10% as of now).
- At the end of each year, a TDS certificate will be issued to you in the government prescribed format.
Minimum Investment Period
2 years ideally.
Refund of Original Deposit & Renewal Option
At the end of 2 years, the money deposited by you will be returned through RTGS / wire transfer and incase you are interested to extend / renew your investment, we will decide at that time on fresh terms mutually acceptable to both the parties, depending on the FD rates prevailing that time.
Security against Your Deposit Amount
- G&C will allot a CRDA / DTCP approved plot, in one of its projects, valued at 1.5 times the investment (valuation is as per the public offer price at the time of investment).
- If we do not have a plot that EXACTLY MATCHES 1.5 times the size of your investment (due to fixed sizes of plots), we will allot a larger plot. For example, if you invest Rs.20 lakhs, we will allot a plot of 333 sq yards in one of our projects – say Alankrita (a CRDA approved 80 acre gated community of villa plots near Kanchikacherla) which is priced at almost Rs.33 lakhs as per today’s offer price, even though we have to allot a plot worth only Rs.30 lakhs to you (i.e. more benefit and security to you).
- Further, since many investors have shown keen interest to buy a 2 or 3 BHK apartment in our most ambitious project of Vijayawada (a 1.7 million sft gated community of luxury apartments at affordable prices), we can even allot a 1 BHK against Rs.10 lakhs, a 2 BHK against Rs.20 lakhs and a 3 BHK against Rs.30 lakhs.
Documentation Issued to You
- Allotment Letter on Company Letterhead for the plot being given to you as backup as explained above.
- Post Dated Cheques signed by Promoter