Residential Real Estate Construction Company Investment Opportunity in Dehradun, India

- Company is developing a senior living project in Dehradun.

- It consists of 96 apartments and 2 additional floors for the wellness and lifestyle centre.

- Total cost of the project including land, construction, overheads and marketing is INR 8,585 lacs. Projected revenue from sales is INR 10,721 lacs. Projected profit including the 2 recreation floors (9th & 19th floor) is INR 2,943 lacs.

- Our apartments will have physical amenities such as parking, housekeeping, laundry services, stationary, pharmacy, elevator, ambulance service, nursing, medical check-ups, emergency button, wheelchair access, fully equipped with wardrobes, kitchen cabinets and appliances, air conditioning.

- Recreational common areas on each floor of the residential floors such as music room / community kitchen, card room, pool table, lounge, theater, library & business center.

- The land for the project is owned by the company with clean and clear title.

- All government approvals for architectural plans have been received for the construction of a 10 storey building consisting of two towers connected together at every level.

- All government formalities, such as registration with the state RERA, have been duly completed.

- Construction has started at site and sales have started with the very first few bookings coming in.

- One of the promoters has 35 years of experience in consulting, banking and executive search. He has been a Senior Advisor & Advisory Board Member of Business and Management Universities. He has worked in Korn / Ferry International's India Office for 12 years and DHR International's India Office for 2 1⁄2 years.

- And the other promoter is a versatile entrepreneur with a record of over 30 years of excellence in nurturing and turning around businesses in various industries with 18 years having been spent in the real estate industry. He has completed several residential projects in the Dehradun area of more than 250 apartments. He has also been associated with developing and successfully selling residential land parcels in Dehradun.

96 apartments and 2 additional floors for the Wellness & Lifestyle Center.

96 Apartments: - 16 Studio apartments of 752 Sq Ft, 16 one BHK apartments of 981 Sq Ft, 16 two BHK apartments of 1,789 Sq Ft, 48 two BHK apartments of 1,743 Sq Ft.

Our business model is in three phases: Develop, Sell and Hold. We will develop the 4,280 sq mt land acquired, into a 10-storey structure. A total of 1,40,000 sq ft of built-up area.

Sell the residential independent senior living apartments from Level 1 – 8 (96 apartments in total) and Hold levels 9 and 10 to operate and run the Lifestyle and Wellness center along with maintenance of the building complex in all aspects.