|Type of Home||Luxury Apartments|
|Location||Opposite Narayanapuram Colony on Nidamanuru – Poranki Road, Vijayawada|
|Size of Total Project:||Total project area is 2.3 Lakh Sft spread over 2 acres plus. Currently, Phase 1 of 1.05 Lakh Sft is being launched.|
|Type of Units||All Flats are 2400 Sft in Size|
|No. of Floors||Basement + Ground + 4 Floors|
|Total No. of Units||40 Units in Phase totaling 1.05 Lakh Sft (Total project area is 2.3 Lakh Sft) spread over 2 acres plus.|
|Expected Commencement & Completion Date||Ground-breaking puja performed few days ago and site work has commenced with expected possession by April 2016 with penalty clause if delayed by builder.|
|Sanctions Status||All Approvals Received and project is also Pre-Approved by leading Banks for Home Loan.|
|Budget Range||Rs.19.6 Lakhs if funded via home loan and Rs.96 lakhs if funded via own funds.|
|USPs||Fantastic Location : Very rare to find property in such a prime residential locality and bang on the main road and appx.2 Kms off the National Highway.|
|G & C Vision||With current prices of comparable apartments at Rs.4,500 to Rs.5,000 levels, this is a sure-shot multi-bagger for investors due to special price of Rs.4000/sft (a 10% discount to current market prices).|
Super Deluxe Apartments before Narayanapuram Colony (a well maintained gated community of 200 individual houses in a Premium Residential Community of Vijayawada where rates currently quoted are Rs.45,000 plus per square yard).
PRE-LAUNCH FOR VERY VERY LIMITED UNITS AS ALL APPROVALS RECEIVED AND SITE WORK HAS COMMENCED.
After a very long and patient wait to spot the best possible investment opportunity of Vijayawada to commence investments after formation of new Andhra and having built up a massive demand for such an opportunity from our patrons all over the world in the last 2 years, we are extremely proud and happy to bring you this pre-launch offer at Vijayawada – truly one of the next big investment destination of India.
This is your rare chance to acquire luxury apartments in a branded gated community from one of Andhra’s most reputed industrialists Cum Developers at a special pre-launch price. Enjoy a huge advantage over existing market prices and earn ROI of 100% to 140% in 2 years time against your investment by taking bank loan as leading banks have pre-approved the same.
WHY SHOULD YOU INVEST IN VIJAYAWADA
With the formation of the new state and Vijayawada becoming the hub of activity, a lot of micromarkets have taken off including Mangalagiri, Gannavaram, Gollapudi, etc. However, most of them have overheated in anticipation of new developments which are not very clear at this stage.
In contrast, this development of super luxury apartments which will set a new standard in the city, are very reasonably priced considering the location and specifications having potential for good appreciation. We see an appreciation of atleast 40% to 50% over the next 2 years. Besides investment potential, it will be a pride asset for the family to possess.
And since it is in one of the premium residential areas, there will be no surprises in terms of surrounding developments making it a peaceful and serene neighborhood.
HOW CAN YOU BENEFIT BY INVESTING IN NIDAMANURU
Poranki Road is one of Vijayawada’s most promising residential development zones with immense potential for appreciation over the next 3 to 5 years.
Poranki Road is located on the Eastern part of the Vijayawada with lush greenery, rich water source and relatively less congestion than other parts of the city.
Since 2009, this area has developed at a rapid pace, mainly due to the establishment of a large number of highly sought after educational institutions (these institutes have drawn a large number of families from surrounding areas, leading to a surge in demand for homes in this area).
Kamineni Hospital – a very popular super-specialty hospital that combines research, teaching and patient care – is located just 1 km from this project.
Most of Vijayawada’s car showrooms are present on NH-5 which is about 2 kms from this property.
WHY SHOULD YOU INVEST IN THIS PROJECT?
The 3 main reasons for you to invest in this project are :
1. Superb Location : As explained above, this project is located in one of Vijayawada’s emerging residential hubs that has a proven potential for appreciation.
2. One of the reputed developer of Andhra region : This project is being developed by one of the leading developers of Andhra with a long and credible track record of delivering quality projects on time. The group also has well established businesses in Energy, Agribusiness and Education.
3 Special Pre-Launch Price : The special price being offered to you gives you a headstart of 10% over existing market prices and you will end up earning ROI of 100% to 140% in 1.5 to 2 years against your investment (if investing via home loan) and 40% to 50% if investing via own funds.
Below are some major landmarks in close proximity to this project, which further highlight its investment growth potential :
2 Minutes drive to NH-5.
3 Minutes drive to Kamineni Hospitals.
3 Minutes drive to Best Price (Walmart’s Subsidiary in India)
4 Minutes drive to Delhi Public School.
5 minutes to NH-9.
5 Minutes drive to Autonagar.
10 Minutes drive to Gannavaram Airport.
10 Minutes drive to Benz Circle.
20 Minutes drive to Railway Station
20 Minutes drive to Main Bus Stand
While this project has all the usual modern amenities that are offered by any leading developer in the state, below are some of the interesting features that set this project apart from others in the area :
– Rooftop Gymnasium
– Wifi Enabled Community
– Landscaped Party Area on the Terrace
– 100 % Power Backup (except for ACs & Geysers but including Master Bedroom AC)
– 24 Hours CCTV Surveillance + State of the Art Security at Entry and Exit Points
– in-House Water Softening Plant
– Solar Power for all Common Areas.
SPECIAL PRE-LAUNCH OFFER & BOOKING PROCEDURE
SPECIAL PRE-LAUNCH PRICE : For a very few units, you are being given a pre-launch price of Rs.4,000/sft against expected public launch at atleast Rs.4350/sft plus after 20th January which makes this a very limited period offer.
This gives you a headstart of 10% in just 1 month of investment and by the time project is complete, prices are expected to appreciate to atleast Rs.5500/sft to 6000/sft, giving you ROI of 100% to 140% in 1.5 to 2 years against your investment by taking loan.
SMALL BOOKING AMOUNT : You have to pay only Rs.5 lakhs now to book a unit. After this, you have 3 to 4 weeks (or upto 3rd/4th week of January 2015) to make balance payment as explained in the next point.
EASY & RELAXED PAYMENT SCHEDULE : You have to pay a total of just 20% of unit value from your pocket as the rest 80% can be funded either via a home loan which we will only arrange for you through our in-house home loan division or can be paid by you in 6 instalments payable over construction progress in the next 1.5 years. The first such instalment is likely to be by March or April 2015.
After you pay the above mentioned booking amount, you have upto 3rd / 4th week of January 2015 to pay the balance, which is 20% of unit value minus Rs.5 lakhs (the booking amount).
PENALTY CLAUSE IF BUILDER DELAYS COMPLETION : Your interest is protected as the builder has decided to add a penalty clause to compensate you incase the project completion is delayed for any reason.
PROJECT IS PRE-APPROVED FOR HOME LOANS : Many leading banks have pre-approved this project which means getting a home loan is a simple affair.
Extras Payable post Completion of Construction : The above mentioned figure is the basic price over and above which car parking, club houses charges (if any), floor rise premium, premium location surcharge, deposits, registration and taxes as applicable are extra and are payable at the time of possession of flat (after completion). Therefore you do not have to pay any of these charges at this point of time.
|G&C Special Price||Rs. 4000/sft against expected public launch price of alteast Rs. 4350/sft or more.|
|i) If taking Bank Loan||Rs19.6 lakhs|
|ii) If Self Funded||Rs.96 lakhs|
|Investment Period||1.5 to 2 Years|
|Expected Target Price||Rs. 5500 to Rs.6000/sft in 2 years.|
|Return on Investment|
|i) If taking Bank Loan||100% to 140%|
|ii) If Self Funded||40% to 50%|
For more details, site visit and bookings, please contact :
Mr. Aravinda Atluri – Advisor | M : +91 9642430000 | E : firstname.lastname@example.org
Mr.Mallik P – G.M. | M : +91 9948668499E | E : email@example.com
Mr.AVR Chowdary – Founder Chairman | M : +91 9980380000 | E : firstname.lastname@example.org