Elan Group signed an MOU with PVR Cinemas, for their 8 Screen Multiplex, at MERCADO, Sector 80, NH-8 Gurgaon for 21 Yrs Lease. It is also offering 11% Assured till Possession & Lease with Fixed Rental & Revenue Sharing Model.
For More Term & Condition about PVR Cinemas Lease, Contact at 9873713058 & Visit Directly to Link : http://propertyinvestmentgurgaon.com/
98737I3o58 Elan Mercado PVR Cinemas Lease Deal, Sector-80, NH8 Gurgaon
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8. • 12 Min from IFFCO chowk
• 20 minutes drive from Indira Gandhi International Airport
• 2 Min drive away from McDonalds
• Bang on NH-8
• Nearby to the Industrial Hub
• Close to the proposed METRO station.
• In proximity to proposed Dwarka Expressway-which will be completed within one year
9. • Strategically located on NH-8
• IMT Manesar (3000 Acres Approx.).
The largest commercial within the vicinity to upcoming residential projects:
• DLF Township (100 Acres Approx.)
• Godrej Frontier (11.3 Acres Approx.)
• Karma lake lands (72 Acres Approx.)
• 50,000 upcoming residential units (Approx.)
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17. CONSTRUCTION LINK PAYMENT PLAN (RETAIL)
On Application of Booking 10%
On Bhoomi Pujan 7.5%
On Start of Excavation 7.5%
On casting of 3rd basement 5% (Plus 50% of EDC + IDC)
On casting of Ground Floor slab 5% (Plus 50% of EDC + IDC)
On casting of 2nd Floor slab 5% (Plus 50% of PLC)
On casting of 4th Floor slab 5% (Plus 50% of PLC)
On casting of 8th Floor slab 7.5%
On casting of 12th Floor slab 7.5%
On casting of 16th Floor slab 7.5%
On casting of 20th Floor slab 7.5% (Plus Car Parking)
On casting of Top Floor slab 7.5%
On start of Brick work 7.5%
On Completion of Facade 5% (Plus IFMS)
Notice of Possession 5% *
* Stamp duty , Registration charges, & Administrative Charges as applicable will be charged extra.
Service Tax and other taxes shall be payable extra as applicable.
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22. Unit Size 6500
Price/sqft 9000(500 Inaugural)
Total BSP 58500000
EDC/IDC psf Approx. 446 2899000
PLC psf 500 3250000
IFMS psf Approx. 150 975000
Service tax on BSP 4.350% 2544750
Service tax on PLC 14.50% 471250
Total Cost(including service tax) 68640000
*Car Parking and other charges as applicable.
23. Unit Area 6500 sft
Basic Selling Price 9000 per sft
Basic Cost 58,500,000.00
* all additional charges & service tax as applicable shall
be payable extra
On booking
95% of Basic Cost Required to be paid 55,575,000.00
Service Tax on the above 2,417,513.00
Balance on offer of possession 5%* (Plus EDC/IDC, PLC, Car Parking, IFMS Charges)
* Stamp duty, Registration Charges & Administrative Charges as applicable will be charged extra. Service Tax and other taxes shall be payable extra
as applicable.
PAN Provided Yes
ROI of TDS applicable on Fixed Return in case of NRI
(US/UK) 10.00%
Return @ 11%p.a.
Return Chart for One financial year
Month Fixed Monthly Return TDS Deduction
Apr-16 509,438.00 50,944.00
May-16 509,438.00 50,944.00
Jun-16 509,438.00 50,944.00
Jul-16 509,438.00 50,944.00
Aug-16 509,438.00 50,944.00
Sep-16 509,438.00 50,944.00
Oct-16 509,438.00 50,944.00
Nov-16 509,438.00 50,944.00
Dec-16 509,438.00 50,944.00
Jan-17 509,438.00 50,944.00
Feb-17 509,438.00 50,944.00
Mar-17 509,438.00 50,944.00
Total for one financial year 6,113,256.00 611,328.00
Nett amount of Cheque for one financial year 5,501,928.00
24. • Retail lease are for 9 years (3+3+3).
• With tentative 3 years as lock in period.
• Common Area maintenance paid by the retailers.
• Commitment is only till lock in period.
• Developers are free after first lease.
• Retailers can move to any other premises, if offered a lesser rental or a better location
25. • Elan is offering 11% Assured Return Per Annum till possession.
• Minimum Lease is for 21 years.
• 5 years lock in period.
• 15% escalation on Minimum Guarantee at every 3 years.
• A rare chance to own an Audi in Renowned Multiplex.
• Minimum Guarantee or Revenue sharing model.