Partia Concept Presentation

download Partia Concept Presentation

of 28

Transcript of Partia Concept Presentation

  • 7/30/2019 Partia Concept Presentation

    1/28

    Do you owna vacation homeat your motherland?

    Do you wish toStrengthen your rootsRenew old friendshipsRevive Treasured

    memories?

    29 April 2013 1

  • 7/30/2019 Partia Concept Presentation

    2/28

    If you: Have investible surplus or have

    existing residential unit which isRented or Kept locked

    Wish to invest in Apartment in India

    Wish to use it while you visit Rajkot

    Want 5 Star amenities during yourstay

    Wish to maintain it professionally

    Want No Hassles of owning

    Want No Risks of letting

    Want No Recurring Expenses

    29 April 2013 2

  • 7/30/2019 Partia Concept Presentation

    3/28

    and further wish to

    Gain High Price Apprec iation

    Be treated royally while on shortvacation J ust like staying in 5 star Hotel Room

    Earn recurring incomerather than recurring expenses

    Convert existing Residential unitto Hassle free vacation home

    We have a unique &completely differentinvestment opportunity for you

    29 April 2013 3

  • 7/30/2019 Partia Concept Presentation

    4/28

    Invest in PatriaA SERVICE APARTMENT ProjectAn innovative investment avenue for NRIs

    29 April 2013 4

  • 7/30/2019 Partia Concept Presentation

    5/28

    PATRIAA Service Apartment Project

    Luxurious Five star amenities:

    Swimming Pool

    Food court

    Fitness centre

    Multi purpose party hall

    Hi speed WIFI

    Indoor games

    Out door play area

    Reception Area

    Visitors lounge

    Theatre Travel Assistance including Car

    Mobile phone

    24/7 Security

    29 April 2013 5

  • 7/30/2019 Partia Concept Presentation

    6/28

    Investment in Patria overcomes Hassles ofReal Estate investment

    Comparison for investing in different kinds of properties V/s. investing in Patria

    Hassles Type of property

    Land Residential CommercialPATRIA

    (Service Apartment)

    Illegal encroachment Possible Possible Possible Not Possible

    Defec tive Title Possible Possible Possible No

    Non-salability when required Yes Yes Yes No

    Risk of reduction of area dueto line of construction for road(Kapaat)

    Yes Yes Yes No

    Undesirable neighbours Yes Yes Yes No

    Monthly payments for utilities Yes Yes Yes No

    100% Cheque transactions No No No Yes

    29 April 2013 6

  • 7/30/2019 Partia Concept Presentation

    7/28

    Investment in PATRIA overcomes hassles of RentingComparison of Rented property V/s. Service Apartment

    HASSLESRented

    Property

    PATRIA

    (Service Apartment)

    Non-payment of rent Possible Not Possible

    Not vacating property Possible Not Possible

    Illegal encroachment Possible Not Possible

    Non-availability for personal use Possible Not Possible

    Misuse Possible Not Possible

    Possibility of disputes & litigation Possible Not Possible

    Property not maintained properly Possible Not Possible

    29 April 2013 7

  • 7/30/2019 Partia Concept Presentation

    8/28

    Investment in PATRIA overcomes hassles of locked propertyComparison showing kept locked property V/s. Service Apartment

    HasslesOwned & kept

    lockedPATRIA

    Service Apartments

    Monitor payments for:

    * Corporation Taxes X

    * Maintenance Charges X

    * Electricity Bills X

    * Telephone Bills X

    * Water Charges X

    * Insurance X

    Repairs / Maintenance X

    Security XIllegal Encroachment X

    Misuse by person holdingkey X

    Cleaning during short trip X

    29 April 2013 8

  • 7/30/2019 Partia Concept Presentation

    9/28

    Investment in PATRIA allows Hassles free stay duringyour short trips to Rajkot

    Comparison between owned apartment V/s. Service Apartment

    Hassles Owned Apartment PATRIA(Service Apartment)

    Internet connectivity Efforts Required Readily Available

    T. V. cable connection Efforts Required Readily Available

    Water supply Efforts Required Readily Available

    Minor problems fixed Efforts Required Readily Available

    Setting up Kitchen Efforts Required Readily Available

    Possibility of theft Efforts Required Readily Available

    Support staff Efforts Required Readily Available

    Cleaning cloths, utensils and units Efforts Required Readily Available

    High cost for utilities used rarely Yes No

    High cost to maintain costly items Yes No

    29 April 2013 9

  • 7/30/2019 Partia Concept Presentation

    10/28

    Investment in PATRIA eliminates Hassles of Staying atRelatives house though having your own house

    Comparison of Staying at relatives house V/s. staying at PATRIA

    Hassles Relatives HousePATRIA(Service

    Apartment)

    Loss of Privacy Yes No

    Follow rules of Host Family Yes NoDisturbed Time schedule Yes No

    Inconvenience to Relatives Yes No

    Desired Facilities not available Possible Not Possible

    No Choice of Food Possible Not Possible

    No Flexibility Possible Not Possible

    29 April 2013 10

  • 7/30/2019 Partia Concept Presentation

    11/28

    Location:

    Walking Distance from Airport

    29 April 2013 11

  • 7/30/2019 Partia Concept Presentation

    12/28

    Price movements in Real EstateNear Airport, Rajkot

    Year Price where allowableconstruction is less than twostories

    Price where allowableconstruction is more thantwo stories

    2002 2,000 4,000

    2004 4,000 8,000

    2006 10,000 20,000

    2008 20,000 40,000

    2010 30,000 60,000

    2012 35,000 70,000

    Note: Price shown are per square yard

    29 April 2013 12

  • 7/30/2019 Partia Concept Presentation

    13/28

    Why at Rajkot? Rajkot An OverviewPopulation: 1.5 Million (Doubling every 20 years), The Largest city of Saurashtra & Kutch & 4th

    largest city in Gujarat.

    Size: Ranked 22nd in the worlds fastest growing cities in urban areas from 2006 to 2020

    (Source Retrieved in Dec. 2007)www.citymayors.com/statistics/urban_growth1.html

    Characteristics:All round ProsperitySafe and peaceful Rajkot won Best city Award for women Safety,

    cleanlinessand sanitation and Law& Order by ABP News in 2013www.newsbullet.in/india/34-more/40068-list-of-winners-at-abp-news-best-

    city-awardsIdeal fusion of tradition & modernityMassive infrastructure development & Manageable distancesOpen hearted People, Relaxed & stress free life styleHome to Mahatma Gandhijis schoolMultiple entertaining options like Hotels, Restaurants, Malls, Multiplexes,Auditoriums etc.

    Business Hub:Hub for many industries including Original Equipment Manufacturers forcorporate Giants like Mahindra & Mahindra, Mercedes, Tata etc., Gold & DiamondOrnaments, Imitation J wellery, Saree Printing, Machine tools, Oil Engines, Edible oil, Tiles andSanitary ware.

    Very Huge scope for appreciation in PATRIA A Real estate investment

    29 April 2013 13

    http://www.citymayors.com/statistics/urban_growth1.htmlhttp://../AppData/Local/Microsoft/Windows/Temporary%20Internet%20Files/Content.Outlook/MTDS1UG6/PATRIA%20(5).ppthttp://../AppData/Local/Microsoft/Windows/Temporary%20Internet%20Files/Content.Outlook/MTDS1UG6/PATRIA%20(5).ppthttp://../AppData/Local/Microsoft/Windows/Temporary%20Internet%20Files/Content.Outlook/MTDS1UG6/PATRIA%20(5).ppthttp://../AppData/Local/Microsoft/Windows/Temporary%20Internet%20Files/Content.Outlook/MTDS1UG6/PATRIA%20(5).ppthttp://www.citymayors.com/statistics/urban_growth1.html
  • 7/30/2019 Partia Concept Presentation

    14/28

    Why such a huge scope for investment in PATRIA?

    Very Strategic Location: Only 800 meters away from the Rajkot Airport Near Race course In the heart of the city

    Proximity to all major commercial, residential & entertainmenthubs

    Non-availability of Luxurious Apartments: Equipped with latest luxurious amenities Ready kitchen to cook choicest food Replacement of expensive hotel rooms No other players: New concept for Rajkot

    Ever growing Demand: Due to Air traffic Daily 4 flights from Mumbai Much cheaper than same sized & quality hotel rooms

    Recurring Income: Earn rental income while you are away,and not using your apartment

    High Appreciation: Investment in Residential units in India haveapprec iated much higher than any other investmentavenues world over.

    29 April 2013 14

  • 7/30/2019 Partia Concept Presentation

    15/28

    Some more Reasons to invest in PATRIA

    Unique:First of its kind LuxuriousService Apartments being introduced in Rajkot, Gujarat.

    Hedging: Earning through price apprec iation from Patriaat Rajkot enable investors to buy propertyat their native place in India, when they permanently return back from overseas.

    Future Vision:You have property lying at safe place out of your country. A place to prosper in peac e.We will try to create chains in major cities of Gujarat & India to enable investor enjoy stays at differentproperties

    Money at call:You can withdraw your money at any time. (Refer conditions of withdrawal)

    Repatriation:Repatriation of investment is allowed by the Government.

    Trustworthy Promoters:Politically, Professionally, Financ ially & Socially well placed Promoters- Refer Bio-data of promoters.

    Renowned Architect: Designed by internationally acclaimed Architect Mr. Kishore Trivedi.

    Accounts & Balances:We maintain Transparent & crystal clear Accounts. Investors can have regularinformation about their balances & earnings online.

    Access to Information:You can know the progress of your investment, construction, furnishing at any

    time via internet/fax/phone/letter or in person.

    Confidential: We maintain confidentiality of every investor.

    Help: We provide help on Banking, Legal, Taxation & Foreign exchange regulations including Taxreturns and repatriation formalities.

    29 April 2013 15

  • 7/30/2019 Partia Concept Presentation

    16/28

    BHK Units Area (Square Feet - Super built up)

    2 66 1131 to 1253

    3 20 1841

    TOTAL 86 Apartments

    Notes:

    BHKmeansBed Room,Hall & Kitchen. Land area is 5768 Square Yards.

    Earthquake resistant structure Adheres to latest IS Codes. Energy efficient structure Use of fire resistant Autoclaved Aerated Concrete Blocks (AAC)

    Project Size

    29 April 2013 16

  • 7/30/2019 Partia Concept Presentation

    17/28

    Why to pay for an expensive Hotel Roomwhen you can stay in a Luxurious Apartment

    FREE?29 April 2013 17

  • 7/30/2019 Partia Concept Presentation

    18/28

    Comparison of Rental BetweenHotel & PATRIA (Service Apartments)

    Type ofAccommodation

    SpaceCarpet Area

    (Square Feet)Rental

    Per dayAllowable

    Occupancy

    Hotel 3 Star & upward200to

    300

    3000to

    80002

    Service Apartment-2 BHK 654 5000 6

    Note: Apartment owner stays free as per rules for Service ApartmentScheme.

    29 April 2013 18

    M k it

  • 7/30/2019 Partia Concept Presentation

    19/28

    Make it yours Purchase: Investor has to purchase an apartmentas an out right owner. It is not a time share.

    Sale Deed Registration: Apartment shall be registeredin buyers single name or joint names.

    Profit Sharing: 50:50 (Recurring net rent)

    Price: INR6,000 per Sq. Feet on Super built up area

    INR 67,86,000 Cost of Apartment having 1131 Square

    Feet Super Built up area for 2 BHK(Beds, Hall & Kitchen)

    Payment term:INR 17,86,000 Down Payment Approximately 25%

    INR 50,00,000 Mutually agreed Installments

    Payment at the time of Registration of Sale Deed:

    INR 400,000 Registration (@ 6%)

    INR 200,000 Service Tax (@ 3.09%)

    INR 40,000 VATINR 300,000 Common Fund

    INR 1.1 Million for Furnishing

    * Amount shown is approximation, however actual may vary.

    29 April 2013 19

  • 7/30/2019 Partia Concept Presentation

    20/28

    Expected Recurring Rental Income

    Occupancy 40% 60% 80% 100%

    Days - Rented 140 210 280 350

    Days surrendered to Co. 20 20 20 20

    Net Earning Days 120 190 260 330

    Earning from renting 600,000 950,000 1,300,000 1,650,000

    Less: 20% to Management Co. forexp.

    120,000 190,000 260,000 330,000

    Profit 480,000 760,000 1,040,000 1,320,000

    To Apartment owner @ 50% 240,000 380,000 520,000 660,000

    Notes:

    Calculation is based on Rent of Rs.5,000 per day for 2 Bed Room Apartment.

    Apartment owner shall get paid immediately on renting the apartment.

    Profit share from management company shall be additional income at the year end as excess of incomeover

    expenses shall again be distributed proportionately to apartment owners (share holders in managementcompany).

    Since it is a limited liability company, you will not share losses beyond your contribution to share capital.

    Figures are yearly figures and shown at different occupancy levels.

    To c alculate Letable days maintenance period of 15 days have been deducted (365 - 15 = 350)

    29 April 2013 20

  • 7/30/2019 Partia Concept Presentation

    21/28

    Expected Returns from Investment(Projection for 5 Years Amount in Indian Rupees - INR)

    Year 2013-14 2014-15 2015-16 2016-17 2017-18 Grand

    Expected Occupancy 20% 40% 60% 70% 70% Total

    Direct Rent receipt @ 40% 100,000 240,000 380,000 450,000 450,000Free stay every year(Worth)

    100,000 100,000 100,000 100,000 100,000

    Apprec iation in Apt. Value 8174,000

    Total Gain 200,000 340,000 480,000 550,000 8724,000 10294,000

    Yearly gain 2058,800

    Yearly Gain in Percentage 23.32%Notes:

    We have considered first operational period from first quarter of 2014.

    Accounting year is considered to be from 1st April to 31st March.

    Estimates on Apartment rent, Occupancy rates, Sale price, Capital apprec iation etc. are done c onservatively, however actual returnmay

    vary favorable.

    We have assumed that the apartment is being sold in early 2018 and the value of apartment to be INR17,000,000 net after deduc ting

    all expenses, renovation & 10% commission on sale price. However last 50 years da ta show far more appreciation.

    We have assumed that investment in fully furnished apartment is INR 8,826,000 and the same is invested from day one however return

    will increase as investment will be as per payment schedules.

    We have not considered share income to be received from Company on letting of Common plot as well as income from

    membership of health club & swimming pool which will further increase return on investment to the apartment owner.

    29 April 2013 21

  • 7/30/2019 Partia Concept Presentation

    22/28

    Expected Ideal Gain Expected Gain from investment:

    More than 22% - Yearly growth which includes:

    Recurring Rental income of INR 380,000 @ 60% occupancy in ayear as a 50% share to an apartment owner @ INR 5,000 rent aday.

    Free stay worth INR 100,000 every year

    (20 days stay @ INR 5000 per day).

    Saving on account of recurring expenses like Telephone, Electricity,WIFI, Gas, TV, Repairing, Cleaning etc. (Approx. Rs.5,000 per month)

    Share of income from management company.

    Favorable exchange rate fluctuation which allows you more Dollars/Pounds / Your currency for same rupees in future.

    During short trips to Rajkot (To the investors of $1 Million and above):

    Chauffeur driven car

    Mobile phone

    29 April 2013 22

  • 7/30/2019 Partia Concept Presentation

    23/28

    Your Maximum Loss

    Opportunity cost for the money you investInterest earned on Fixed Deposit with

    banks

    1% to 7% per year

    Investing in other avenues(To be Reduced by net Rental income)

    Adverse Exchange Rate Fluctuation, if any

    Registration expenses & payment toGovernment

    29 April 2013 23

  • 7/30/2019 Partia Concept Presentation

    24/28

    Frequently Asked Questions

    Why should I invest in Rajkot when I belong to other areas ofIndia?

    How is it beneficial to sell my existing Real estate investment inIndia and invest in PATRIA?

    What are the rules of letting? What if apartment cant be rented for long?

    What are the modalities of settling accounts? Who are the Promoters?

    What are the conditions for withdrawal?

    Please refer separate sheets for the answers

    29 April 2013 24

  • 7/30/2019 Partia Concept Presentation

    25/28

    What are you waiting for . . . ?

    Acquire

    Service Apartment in PATRIABe treated

    Royally while on vacation

    EarnRecurring income instead of expenses

    Gain

    High Price Appreciation from lucrative

    Real Estate Market in India.

    29 April 2013 25

  • 7/30/2019 Partia Concept Presentation

    26/28

    How to Proceed?

    Participation: We will prepare a Memorandum of

    Understanding.

    Investment:You will send your amount of participation in yourown bank account which will be adjusted for scheduledpayments.

    Private Limited Company:A company shall be earmarked tocarry on management and you will be allowed proportionateshares in the company as per the size of your apartment.

    Sharing in Rental Management:Profit Loss Shared by

    50% 0% Investor/s

    50% 100% Managing Team

    29 April 2013 26

  • 7/30/2019 Partia Concept Presentation

    27/28

    Get in touch

    Kalpak Maniar

    M/s. Arvindkumar Maniar & Co. Chartered Accountants

    South Africa office:

    525, Marthinus Street, Erasmia, Pretoria.

    Tel.: 012 370 1246 Cell.: 083 986 0000

    India office:

    Abhay Nivas, 14, Panchnath Plot, Rajkot, India 360 001

    Office: (+91 281) 2445800 or 2444599 or 2445700

    Home: (+91 281) 2477800 or 2449254 or 2477700

    Cell.: +91 94282 11111 Fax: +91 281 2443599

    e-mail: [email protected] /or/ [email protected]

    Website: www.patriaindia.com

    29 April 2013 27

    mailto:[email protected]:[email protected]:[email protected]:[email protected]
  • 7/30/2019 Partia Concept Presentation

    28/28

    A service Apartment Project

    Looking forward

    to welcome you..29 April 2013 28