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Launching Omaxe Service Apartments in New Chandigarh , Mullanpur with 12% assured return and Life Long Lease Rentals after possession
Omaxe Presents:
Service Apartments with 12% Assured Return At New Chandigarh, Mullanpur
LOCATION:-HOTEL HOLIDAY INN (7ACRES LAND)
Booking Amount: – Rs. 3 LAC
The first 5 Star Hotel in the city of New Chandigarh
G+22 High Rise Structure
· Approximately 200 Service Apartments with Assured Return and Future Lease Rentals
· A Symphony Of Style & Function
· Plush well planned Fully Furnished Interiors.
· Open/ Stilt Parking
· Connected with 200 ft. wide highway and adjacent to Metro Station
· With amenities like Swimming pool, Club, Gym, Spa, Restaurant.
Service Apartments will be fully furnished.
· Tariff of 5 Star Hotel in Chandigarh today: Rs.8500-9000 per day.
· Expected Tariff of 5 Star Hotel in Chandigarh in 2019: Rs.12000/-
· Expected Tariff of 5 Star Hotel in New Chandigarh in 2019(After Possession): Rs.8000/-
· Expected Tariff of Service Apartments in 2019: Rs.4500-5000/-
· Considering a 60% Occupancy:
· Monthly Revenue (4500×18):81000
· Yearly Revenue: 81000×12:972000
· Investor’s Share is 60%:583200 per annul
· Hotel’s Share: 40%
· Return on Investment: 583200: 18% per annum
Viability of Service Apartments:
1. Medicity in 300 acres would house 5-6 hospitals-a major clientele for Service Apartments
2. Film City
3. Edu City in 1700 Acres would have Universities and Institutes
4. 140 Acre Commercial Hub-2 office Tower and other Commercial Buildings
5. Sports Complex in 44 Acres would have an International Cricket Stadium and other Sports Facilities.
6. Holistic requirement of the City for a Service Apartment.
For Booking please contact:
Kanika Kapoor
Mobile: 9041549000
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