Lady Entrepreneur invites investment of at least US$160000 to complete the project valued at US$650000 to be completed within 2 months after receipt of capital. The investor will be paid interest monthly at an annual interest of 10%. The investment period is 3 years extendable for another 2 to 3 years at investor’s option on terms to be fixed at that time.
This building under this offer is 90% complete having ground Stilt Floor plus 3 additional Floors comprising of 6 Units/Flats/Apartments, of which each of the 5 Units/Flats have 2 bedrooms, 1 hall, 1 bathroom, with a European toilet and a small kitchen. The 6th Unit on the top floor has 1 large bedroom/office-room with attached bathroom, 1 drawing-room/reception-room, 1 dining-room/ conference-room with kitchenette and additional bathroom. Highest qualities of materials have been used in the construction, finishes and fittings. It has Ground Floor Stilt parking facility for 2 cars with an extra Indian Type toilet/bathroom. The staircase is provided with granite stone steps and all rooms and passages with vitrified flooring. The lift rises up to the terrace floor. A large sump tank, pump, bore-well, overhead tank & Cauvery BWSSB water supply ensures 24 hour water supply. BESCOM Power supply is provided with 3 KVA for each Unit/Flat and additional 6 KVA for the lift.
The important work remaining to implement the PG project effectively is as follows:-
1) Providing more attached bathrooms in apartments, by converting the small kitchens into bathrooms
2) Providing a Schindler Lift up to terrace floor & converting lift overhead room into a bedroom.
3) Installing a large Kitchen at the rear of the Eastern side Stilt Floor portion.
4) Providing Solar Roof Top Power Generating System on both sides of the terrace floor with dormitories below.
5) Providing a spiral staircase from behind the lift to access the terrace floor dormitories etc.
6) Providing Heat Pump for hot water throughout the year at 55 Deg C & feeding the cool air into dormitories.
7) Providing a Watchman’s room and cook’s room at the rear portion of the Western side Stilt Floor
8) Providing Wooden Cots and Cupboards for 70 lady residents (bunker double cots for the dormitories).
9) Providing internet, TV , AC and other facilities common to such types of paying guest facilities.
10) Other miscellaneous works and facilities.
This Brand New Villament can also be sold to a serious buyer at an attractive price as is where is or finished as the above proposed paying guest facility or to meet their specific needs. As a PG facility, the initial Return on Investment (ROI) will be minimum 20% per annum. The PG project offer can be discussed and negotiated at a personal meeting.