Redevelopment Plot for Joint Venture (17 cr), Lower Parel, Mumbai.

Redevelopment Plot for Joint Venture

Lower Parel, Mumbai.

408 SQ.MTR.     : PURCHASED
376 SQ.MTR.   
382 SQ.MTR.     : YET TO PURCHASE
1440.64 SQ.MTR. :PURCHASED
390 SQ.MTR.     : B.M.C.

Total Area      : 2996.64 SQ.MTR


JOINT VENTURE PROPOSAL RATIO 70% DEVELOPER & 30% OWNER DEPOSIT 17 CR.

AS PER NORMS

TENANT 226 X 360 SQ.FT. : 81360 SQ.FT.

AS PER 70% INCENTIVE CALCULATION : 57000 SQ.FT. --BUILTUP AREA FOR SALE

LOADING : 34171 SQ.FT. -- 60% LOADING

SALEABLE AREA : 91171 SQ.FT


EXPENSES

LAND COST : 150000000

CONSTRUCTION COST (FOR REHAB) : 81360 SQ.FT. X RS. 1500/- = 122040000

CONSTRUCTION COST (FOR SALE) : 57000 SQ.FT. X RS.2000/- = 114000000

B.M.C./MHADA FEES TO ARCH./ADV. : 100000000

CORPUS FUND : 22600000

RENT 3 YEARS RS. 15000 ROOM PER MONTH : 122040000

MISC. : 10000000

TOTAL EXPENSES     = 640680000


(SAY RS. 650000000)
SALE AREA       

20% COMERCIAL : 18234 SQ.FT. X RS. 40000/- = 729360000

80% RESIDENTIAL : 72937 SQ.FT. X RS. 18000 = 1312866000

TOTAL SALE VALUE = 2042226000



We Are Not Responding To Reply So Interested one Kindly call us 9987680532 / 9967977894 / 8097641897

For more Property visit www.mumbaibhk.blogspot.com & Subscribe E-Mail for Weekly New Properties E-mail Alert

For Plot details Kindly visit www.westcoastinfra.blogspot.com