What's in it for you?
- Price- less than 20 Lacs
- Trusted and Reputed brand
- Rent per month 9.5K Rs
- Agreement Period – 9 years.
- Lock-in period- 3 years minimum
- 15% Rent Appreciation after every 3 years.
- Zero Property Maintenance for 9 years.
- Possession – June 2022
- Flexible payment option
- 50% down payment with additional discount
- 10% down payment with no pre-EMI till possesion
- Limited units.
- Offer till 28th June
It’s like a hotel room which is professionally managed, with all full furnished facilities but without room service like a hotel. Generally, people stay there for longer duration like 6 months rather than few days like a hotel to save the cost.
It’s huge and growing. Many societies are not bachelors, students, working professional friendly. Findling the right roommates for them also becomes challenging. After COVID, demand for a separate room with full furnishing will be growing.
Most of the PG setups that are available are like hostels without many facilities and is not maintained well. In the service apartment, furniture is of the high quality like a hotel, cleaned properly, and is much safer to stay especially if managed by a professional company.
The room will be fully furnished along with bed, mattress, TV, Fridge, wardrobes, WIFI, and the building will have gym, swimming pool, 24 hrs cafe. Also an additional facility for the work from premises will be available.
You will be buying one or more of these units. You will be the legal owner with property registered on your name. You can get a bank loan. And you can sell it after the first 3 years of lock-in period at the market rate.
The price per unit it 19.95L Rs. Once operational, you will get 9.5K monthly fixed rental. There will not be any property tax or maintenance that you need to pay. Rental income will be increased by 15% every 3 years.
The entire facility has been pre-leased to on of the top co-living company who will manage it for 9 years. Their contract will be renewed after 9 years.
You can not stay yourself as the property is already pre-leased. Also you can not ask to vacate the property and rent it yourself.
- Max Save: 95% downpayment for the best price.
- Best Value: 50% downpayment and easy installments for 24 months
- Easy Steady: 10% downpayment and no EMI till possession
You will get a fixed monthly income per month. ROI comes around 6% which will grow further. This is considered a very good for the property market. Any property price appreciation will be the added benefits.
We recommend this to anyone who is looking to invest in real estate with a small ticket size a 20L, with a top brand and looking for fixed income. You don’t have to go through the hassle of finding a tenant, paying taxes, maintaining a property. All these hassles are taken care by a pre-leased company.