Raheja Revanta Floors Gurgaon

Assured Return upto 11%

Posted By Jeetender Gupta on Apr 16, 2011
Location: Mathura Road
City: Faridabad
Size: 500 sq.ft.
Type IT Park
BSP Rs. 6000 psf (30 lacs)
Booking Amount 3 lacs
Within 45 Days 24.27 lacs
Balance On Possession
Monthly Return Rs. 25000 per month (till possession + 2 years)
Effective Return: 11% upto possession
10% post possession
Call : Jeetender Gupta , 9810050748
Email : info@indiaspaces.com

Recent Comments

Assured Return upto 11%
 
assured return ncr
Posted by pravesh 07 Apr 2012

Please get in touch if you have assured returns options within ncr only preferably gurgaon or central delhi, budget will not be a constraint on good deal (under construction options are not preferred ones)

Reply: our team will check and revert.
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Assured Return upto 11%
 
Vatika Mindscapes
Posted by Pankaj Madan 09 May 2011

I am getting a 500 sq ft unit in resale in Vatika Mindscapes @ 9.5% i.e. around 7500 psf. (with 10.5% returns till possession). WHat is the future of this project as now Badarpur metro and flyover are there. Also, Four points by Sheraton hotel is coming up in the same complex as confirmed by Vatika. What price can be expected on possession

Reply: except for brand name vatika is much expensive than market. crown abacus and rps oxy park are available in the range of 5500-6000 psf. even at a rate of Rs.50 per month, the developer seems to have factored 3 years rent already in your cost
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Assured Return upto 11%
 
Net return
Posted by raj 25 Apr 2011

What is the net return to the investor on the assured return project. Are there any taxes involved, service tax ??

Reply: till possession all return is nothing but interest. tds gets deducted.
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Default
Posted by raj 05 May 2011 
If the builder does not pay the assured return payment what can the investor do apart from filing a case in the consumer court? Are there any projects in which the builder hypothicates/ morgages or provides a first lien to investor on the un encumbered property? In this case the investor will have control to act in case of default. Or could there be other ways for the investor to have control over the default in the assured return investment
Re-Default
Posted by Jeetender Gupta 06 May 2011 
normally developer issues post date cheques for returns. so bouncing of cheques would mean both a legal case and loss of reputation, which a developer would normally not like to happen in case if he wishes to stay in business. for smaller sizes a mortgage may not work but for significant amount comparable to the mortgage offered, a proposal may be discussed with developer on case to case basis
Assured return project
Posted by raj 06 May 2011 
YOu mentined that for a significant amount this may work. What amount you call significant? Which builder would be willing to work up such a arrangement?
Re-Assured return project
Posted by Jeetender Gupta 07 May 2011 


Assured Return upto 11%
 
spiretech
Posted by wasim 24 Jan 2011

Hi Jitender... I read all your replies to the investor. You have given option only Omaxe and RPS... and why not other popular project in NCR with assured return like... Spiretech, Imperia residency in Noida extension? Isnt it Spiretech is a good investment option who are giving 12% return till 48 months with the bank guarantee and guaranteed lease post possession

Reply: All faridabad options are freehold options where post possession property can be transferred through simple registration of sale deed process. in noida / greater noida options are leasehold. in faridabad the options are on a national highway and that too within 1km distance from delhi border and metro station. I see the faridabad options better value for money.
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Assured Return upto 11%
 
Commercial Venture
Posted by Rohan 30 Nov 2010

Hi Jeetender, I would like to unvest in a commercial property/venture for eusuring a continous source of monthly/yearly income. e.g. a shopping space etc. My budget is 20 lakhs as my funds and rest 10-15 lakhs i can take loan. could you please advice the best options available? I'd prefer NCR area... thanks, Rohan

Reply: Min budget required is around 27 lakh upfront where in we can give an assured ROI of 25k per month from RPS IT park, on NH2 faridabad, less than 1km from newly opened badarpur flyover
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Assured Return upto 11%
 
Assured Return Projects
Posted by Prabhpal Pannu 19 Nov 2010

Want to know about good assured return projects based in NCR.

Reply: Omaxe connaught place Greater Noida (ROI 14 percent) and RPS IT Park Faridabad (ROI 11 percent) are two such projects we are handling
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Assured Return upto 11%
 
investment
Posted by sunil rattan 15 Nov 2010

I am looking for an ivestment opurtunity which gives better ROI. Suggest if you have something budget is 50 to 60 lacs

Reply: RPS Oxy park has a budget of around 30 lakhs and ROI 11 percent while Omaxe Connaught Place Greater Noida has budget of around 70 lakhs and ROI 14
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Assured Return upto 11%
 
Omaxe and RPS OxyPark
Posted by Gaurav Dudeja 13 Nov 2010

Thank your for your response Mr Gupta. What sort of availability do you have in Omaxe Greater Noida and RPS OxyPark Faridabad? Also, what is the minimum investment amount in both?

Reply: min investment in Omaxe was around 65-70 lakh and that in rps around 30 lakh. availability is there
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Assured Return upto 11%
 
Assured Return
Posted by Gaurav Dudeja 10 Nov 2010

1) Out of Faridabad, Greater Noida, Gurgaon, prices are almost the same, which is preferrable from on ongoing income point of view. 2) Payment plan options, we are mainly interested in assured return plans. 3) Current construction status, estimated completion dates etc. of the projects you recommend. 4) When does the assured return payment stop and what happens after that? Who is responsible for finding future tenants, renewing tenancy agreements etc.? 5) Reputation of the builder/group? 6) Is the payment made in form of post dated cheques? If yes, what is the guarantee the cheques won't bounce? 7) Why would you recommend investing with a particular and why?

Reply: 1. It is assured return. So choice of a city should be made more so on personal preference, or maybe which is nearer to your home town or where someone can more easily monitor the place once in a while. 2. Assured returns are applicable on down payment plans only. Entire payment is upfront and return starts only after completion of pmt. 3. we are suggesting two projects - RPS oxy park faridabad (11 percent) where possession is 30-36 months and Omaxe Connaught Place Greater Noida (14 percent) where possession is 18 months 4. In both cases return is not just till possession but also leasing is company responsibility. In omaxe it is return of total 7 years while in RPS it is till possession and then first lease (with lockin period of 2 years). 5..Both groups are reputed.ones with delivered projects in past. 6. Pmt in form of cheques. No guarantee as such of encashment except group reputation and track. Also cheque bounce is a criminal offence, if that happens. 7. In omaxe ticket size is big more than a crore while in rps it is as small as 30 lakh. Return in omaxe is more and so is group reputation. However RPS location is on National Highway very close to Delhi border. For me both are fine, you have to pick based on preference of city, group, return, investment
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Omaxe and RPS OxyPark
Posted by Gaurav Dudeja 13 Nov 2010 
Thank your for your response Mr Gupta. What sort of availability do you have in Omaxe and RPS OxyPark. Also, what is the minimum investment amount in both.


Assured Return upto 11%
 
Oxypark monthly charges
Posted by Rahi 15 Oct 2010

As we talked before I am ineterested to know what can be possible maintainance fees after handover. This information will help us to calculate the actual return for the property

Reply: maintenance charges are paid by the tenant and is not your liability. since the property is with assured return and that too with first lease (min lock in 2 years), i dont see that as a concern. it would be too early to announce a maintenance charge otherwise also and would be decided on basis of actuals and what is prevalent then
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