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Want to own a home… Want to own a home… in your motherland? in your motherland?

Want to own a home…

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Want to own a home…. in your motherland?. - Wish to partner with us to gain Heavy Price appreciation in a property ?!? - Use it Royally while on vacation? - Want to earn recurring Income Rather than recurring Expenses? - Want to get your Apartment managed by professionals ?. - PowerPoint PPT Presentation

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Page 1: Want to own a home…

Want to own a home…Want to own a home…

in your motherland?in your motherland?

Page 2: Want to own a home…

- Wish to partner with us to gain- Wish to partner with us to gain Heavy Price appreciation in a Heavy Price appreciation in a property ?!? property ?!?

- Use it Royally while on - Use it Royally while on vacation? vacation?

- Want to earn recurring Income- Want to earn recurring Income Rather than recurring Rather than recurring Expenses?Expenses?

- Want to get your Apartment - Want to get your Apartment managed by professionals ? managed by professionals ?

Page 3: Want to own a home…

Don’t want any hassle like: Don’t want any hassle like: Tenancy related: Tenancy related: Tenant not paying rent or not vacating the property Tenant not paying rent or not vacating the property

at the time of short visit of NRI or at the time of saleat the time of short visit of NRI or at the time of saleSafety related:Safety related: Illegal encroachment by unknown third partyIllegal encroachment by unknown third party

Maintenance related: Maintenance related: • Paying maintenance charges, light Bills, water Taxes, telephone Bills, legal Paying maintenance charges, light Bills, water Taxes, telephone Bills, legal

charges, other recurring expenses and penalties charges, other recurring expenses and penalties • End up with expenses rather than income from the investment End up with expenses rather than income from the investment Management related: Management related: Misuse by person who is entrusted with keysMisuse by person who is entrusted with keys

During Vacation Trip: During Vacation Trip: • Wasting time in cleaning apartment, ensuring supply of water, electricity Wasting time in cleaning apartment, ensuring supply of water, electricity

and other utilities while on vacation rather than enjoying the tripand other utilities while on vacation rather than enjoying the trip• Spending time: in finding servant to clean apartment or utensils, laundry, Spending time: in finding servant to clean apartment or utensils, laundry,

availing internet, getting TV cable connection etc.availing internet, getting TV cable connection etc.• Staying at relative’s house at the cost of privacy and facilitiesStaying at relative’s house at the cost of privacy and facilities• Staying in hotel in spite of having own residential propertyStaying in hotel in spite of having own residential property

Page 4: Want to own a home…

So… Invest in PATRIA…So… Invest in PATRIA…The Service Apartment Project …The Service Apartment Project …

• Apartment having 2 or 3 Bed Rooms, Hall & KitchenApartment having 2 or 3 Bed Rooms, Hall & Kitchen• Total 86 Apartments constructed in 5768 Square Total 86 Apartments constructed in 5768 Square

Yards: Yards: – 20 – 3 Beds of 1741 Square feet of super built up 20 – 3 Beds of 1741 Square feet of super built up

areaarea– 66 – 2 Beds of 1010 to 1142 Sq. ft. super built up 66 – 2 Beds of 1010 to 1142 Sq. ft. super built up

area area • Luxuriously Furnished Apartment – Ready to use like Luxuriously Furnished Apartment – Ready to use like

that at Durban Beach front, Dubai or Floridathat at Durban Beach front, Dubai or Florida• Having major modern amenities such as: Swimming Having major modern amenities such as: Swimming

Pool, Health Club, Games, Food, Internet, Reception, Pool, Health Club, Games, Food, Internet, Reception, Attendant, Security etc.Attendant, Security etc.

Page 5: Want to own a home…

What Patria offers . ? . !What Patria offers . ? . !• you have free accommodation while you are on vacation you have free accommodation while you are on vacation • You earn higher rentals while you are not usingYou earn higher rentals while you are not using• You always get your own or equivalent apartment available to You always get your own or equivalent apartment available to

you when you plan your visit in advanceyou when you plan your visit in advance• It may be termed as investment in Real estate:It may be termed as investment in Real estate:

– A unique combination of domestic as well as business investmentA unique combination of domestic as well as business investment– A blend of regular recurring rental income and heavy price appreciationA blend of regular recurring rental income and heavy price appreciation

• Risk free investment as Property is let on hire for short Risk free investment as Property is let on hire for short periods just like hiring hotel room and hence does not carry periods just like hiring hotel room and hence does not carry high risk of non vacating occupanthigh risk of non vacating occupant

• It is always clean and well maintainedIt is always clean and well maintained• You can have choice to order your favourite food and you can You can have choice to order your favourite food and you can

cook your own foodcook your own food• You can watch your favourite TV programs & use internetYou can watch your favourite TV programs & use internet• No need to remember paying electricity, telephone or water No need to remember paying electricity, telephone or water

billsbills• No hassle for day to day requirementsNo hassle for day to day requirements

Page 6: Want to own a home…

Where is the Service Where is the Service Apartment?Apartment?

Page 7: Want to own a home…

Why at Rajkot?Why at Rajkot?• Earning through price rise from “Patria - Service Apartments” at Earning through price rise from “Patria - Service Apartments” at

Rajkot enables investor to buy property at their native place in Rajkot enables investor to buy property at their native place in India when they eventually return back permanently from overseasIndia when they eventually return back permanently from overseas

• Rajkot is ranked 22Rajkot is ranked 22ndnd in the world’s fastest growing cities in urban in the world’s fastest growing cities in urban areas from 2006 to 2020 areas from 2006 to 2020 (Source – Retrieved in Dec. 2007) (Source – Retrieved in Dec. 2007) www.citymayors.com/statistics/urban_growth1.htmal

• 44thth largest city in Gujarat having million plus population (1.7 Million) largest city in Gujarat having million plus population (1.7 Million)• People migrate heavily from nearby villages being financial hub of People migrate heavily from nearby villages being financial hub of

Saurashtra so population doubles in every 20 yearsSaurashtra so population doubles in every 20 years• Massive infrastructure developmentMassive infrastructure development• Hub for many businesses and industries like Original Equipment Hub for many businesses and industries like Original Equipment

Manufacturing for Mahindra & Mahindra, Mercedes, Tata etc. Gold Manufacturing for Mahindra & Mahindra, Mercedes, Tata etc. Gold & Diamond Ornaments , Imitation Jewellery, Saree Printing, & Diamond Ornaments , Imitation Jewellery, Saree Printing, Machine tools, Oil Engines, Edible oil, Tiles and Sanitary wareMachine tools, Oil Engines, Edible oil, Tiles and Sanitary ware

• Prosperous and peacefulProsperous and peaceful• First of it’s kind “SERVICE APARTMENTS” being introduced at RajkotFirst of it’s kind “SERVICE APARTMENTS” being introduced at Rajkot• Very Huge scope for Real estate investment …Very Huge scope for Real estate investment …

Page 8: Want to own a home…

Why Very huge scope?Why Very huge scope?• Land: Land: is acquired at Attractive price is acquired at Attractive price• Very Strategic Location: Very Strategic Location:

Only 800 meters away from Rajkot AirportOnly 800 meters away from Rajkot Airport Near Race course – In the heart of the cityNear Race course – In the heart of the city

• Non availability of luxurious Apartments: Non availability of luxurious Apartments: Which replaces expensive hotel roomsWhich replaces expensive hotel rooms Equipped with major modern facilities Equipped with major modern facilities No players: New concept for RajkotNo players: New concept for Rajkot

• Ever growing Demand: Ever growing Demand: due todue to Air traffic – Daily 4 flights from Mumbai Air traffic – Daily 4 flights from Mumbai Much cheaper than same sized & same quality Much cheaper than same sized & same quality

hotel roomhotel room• Recurring Income:Recurring Income: earn rental income while you are earn rental income while you are

not usingnot using• High appreciation: High appreciation: Investment in Residential units Investment in Residential units

in India have appreciated much higher than any other in India have appreciated much higher than any other investment avenues world overinvestment avenues world over

Page 9: Want to own a home…

The Scheme for youThe Scheme for you • Purchase:Purchase: You are acquiring the apartment at Rs. 8.4 Million You are acquiring the apartment at Rs. 8.4 Million

as an out right owner. It is not a time share.as an out right owner. It is not a time share.• Sale Deed Registration: Sale Deed Registration:

– Apartment shall be registered in your own single or joint Apartment shall be registered in your own single or joint name name

• Apartment Size: Apartment Size: – 1010 Square Feet Super Built up (2 Beds, Hall & Kitchen)1010 Square Feet Super Built up (2 Beds, Hall & Kitchen)

• Price without Furnishing: Price without Furnishing: – Rs. 6,500 per Sq. Foot, Approx Rs. 6.6 millionRs. 6,500 per Sq. Foot, Approx Rs. 6.6 million

• Payment: Payment: 25% Down payment of Rs. 1.6 Million and rest in 5 25% Down payment of Rs. 1.6 Million and rest in 5 equal 3 monthly installments of Rs. 1 Million eachequal 3 monthly installments of Rs. 1 Million each

• Payment at the time of Registration of Sale Deed:Payment at the time of Registration of Sale Deed: (Approximate Amount in Rupees)(Approximate Amount in Rupees)

– 400000 Registration 400000 Registration – 200000 Service Tax200000 Service Tax– 200000 Common Fund 200000 Common Fund – 1 Million for Furnishing1 Million for Furnishing

• Profit Sharing:Profit Sharing: 50:50 (Recurring net rent)50:50 (Recurring net rent)

Page 10: Want to own a home…

Recurring Rental Recurring Rental IncomeIncome

Occupancy 40% 60% 80% 100%Days - Rented 140 210 280 350Days surrendered to Co. 20 20 20 20Net Earning Days 120 190 260 330Earning from renting 600000 950000 1300000 1650000To Apartment owner @ 40% 240000 380000 520000 660000

Notes:Notes:1.1.Calculation is based on Rent of Rs.5000 per day for 2 Bed Room Apartment accommodating 6 people.Calculation is based on Rent of Rs.5000 per day for 2 Bed Room Apartment accommodating 6 people.2.2.Apartment owner gets 50% share in profit, out of which 40% is distributed immediately on renting the Apartment owner gets 50% share in profit, out of which 40% is distributed immediately on renting the apartment.apartment.3.3.Profit share from remaining 10%, from management company shall be additional income at the year end as Profit share from remaining 10%, from management company shall be additional income at the year end as excess of income over expenses will be distributed proportionately to apartment owners (share holders in excess of income over expenses will be distributed proportionately to apartment owners (share holders in management company)management company)4.4.Figures are yearly figures and shown at different occupancy levelsFigures are yearly figures and shown at different occupancy levels5.5.Since it is limited liability company, you will not share losses beyond your contribution to share capitalSince it is limited liability company, you will not share losses beyond your contribution to share capital6.6.To calculate Letable days maintenance period of 15 days have been deducted (365-15=350)To calculate Letable days maintenance period of 15 days have been deducted (365-15=350)

Page 11: Want to own a home…

Expected Returns from investment Expected Returns from investment (Projection for 5 Years)(Projection for 5 Years)

Year 2012-13 2013-14 2014-15 2015-16 2016-17 GrandExpected Occupancy 0% 30% 50% 75% 80% Total

Direct Rent receipt @40% 0 170000 310000 485000 520000 Free stay every year (Worth) 0 100000 100000 100000 100000 Appreciation in Aptt. Value 6700000 Total Gain 0 270000 410000 585000 7320000 8585000 Yearly gain 1717000 Yearly Gain in Percentage 20.44%

Notes:1.We have considered first operational period from last quarter of 2013.2.Accounting year is considered to be from 1st April to 31st March.3.Figures shown are conservative however actual return may very favourably. 4.We have assumed that the apartment is being sold in 2017 and the value of apartment in early 2017 to be Rs. 151,00,000 net after deducting all expenses, renovation & commission. However last 50 years data show far more appreciation.5.We have assumed that investment in fully furnished apartment is Rupees 8.4 Million and the same is invested from day one however return will increase as investment will be as per payment schedules. 6.We have not considered additional income to be received from Company on letting of Common plot as well as income from membership of swimming pool which will further increase return on investment to the apartment owner.

Page 12: Want to own a home…

Some more reasons to Some more reasons to invest…invest…• No Loss Guarantee:No Loss Guarantee: Repayment of original amount of Repayment of original amount of

investment in Rupees is assured in writing by a Director which investment in Rupees is assured in writing by a Director which ensures safety to your hard earned money rendering partnership ensures safety to your hard earned money rendering partnership in profit only and thus your investment becomes in profit only and thus your investment becomes Risk freeRisk free

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

• Repatriation: Repatriation: Repatriation of investment is allowed by Repatriation of investment is allowed by GovernmentGovernment

• Trustworthy Promoters: Trustworthy Promoters: Politically & Socially well placed Politically & Socially well placed Promoters Refer Separate attachmentsPromoters Refer Separate attachments

• Professional Management: Professional Management: Refer Bio Data of Promoters Refer Bio Data of Promoters • Growth:Growth: Be a part of very fast developing group of RajkotBe a part of very fast developing group of Rajkot• Accounts:Accounts: We maintain crystal clear and Transparent AccountsWe maintain crystal clear and Transparent Accounts• Information:Information: You can have access to information about your You can have access to information about your

balances, construction, furnishing and earning from the samebalances, construction, furnishing and earning from the same • Access:Access: You can know the progress of your investment any time You can know the progress of your investment any time

via internet/fax/phone/letter or in personvia internet/fax/phone/letter or in person• Confidential:Confidential: We maintain confidentiality of every investorWe maintain confidentiality of every investor

Page 13: Want to own a home…

Your Ideal GainYour Ideal Gain• You can very well expect appreciation for your investment: You can very well expect appreciation for your investment:

21% - Yearly growth which includes:21% - Yearly growth which includes: Recurring Rental income Approx. Rs. 380,000 @60% Recurring Rental income Approx. Rs. 380,000 @60%

occupancy in a year as a 50% share of apartment owner @Rs. occupancy in a year as a 50% share of apartment owner @Rs. 5,000 rent a day5,000 rent a day

Free stay worth Rs.100,000 every yearFree stay worth Rs.100,000 every year Saving on account of recurring expensesSaving on account of recurring expenses Share of income from management CompanyShare of income from management Company Favourable exchange rate fluctuation which allows you more Favourable exchange rate fluctuation which allows you more

dollars for same rupees in futuredollars for same rupees in future• During your short trips to Rajkot (To investors of $1 Million and above:During your short trips to Rajkot (To investors of $1 Million and above:

Chauffeur driven car Chauffeur driven car Mobile phoneMobile phone

• You have property lying at safe place out of your countryYou have property lying at safe place out of your country• We provide help on Banking, Legal, Taxation & Foreign exchange We provide help on Banking, Legal, Taxation & Foreign exchange

regulations including Tax returns and repatriation formalitiesregulations including Tax returns and repatriation formalities

Page 14: Want to own a home…

Your Maximum Your Maximum LossLoss

• Opportunity cost for the money you Opportunity cost for the money you invest invest

Interest earned on Fixed Deposit with Interest earned on Fixed Deposit with banks – 0% to 7% per yearbanks – 0% to 7% per year

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

• Adverse Exchange Rate Fluctuation, if Adverse Exchange Rate Fluctuation, if anyany

Page 15: Want to own a home…

FAQFAQ(Frequently Asked Questions)(Frequently Asked Questions)

• What are the rules of letting?What are the rules of letting?• What if Apartment can’t be rented for long?What if Apartment can’t be rented for long?• What are the modalities of settling accounts?What are the modalities of settling accounts?• Who are the Promoters?Who are the Promoters?• How Promoters guarantee?How Promoters guarantee?• What are the conditions for withdrawal?What are the conditions for withdrawal?

Please refer separate sheets for the Please refer separate sheets for the answersanswers

Page 16: Want to own a home…

How to Proceed?How to Proceed?• Participation: Participation: We will prepare a Memorandum of We will prepare a Memorandum of

UnderstandingUnderstanding• Investment: Investment: You will send your amount of You will send your amount of

participation in your own bank account which will participation in your own bank account which will be adjusted for scheduled payments be adjusted for scheduled payments

• Private Limited Company: Private Limited Company: A company shall be A company shall be earmarked to carry on management and you will earmarked to carry on management and you will be allowed proportionate shares in the company as be allowed proportionate shares in the company as per the size of your apartmentper the size of your apartment

• Sharing in Rental Management:Sharing in Rental Management: ProfitProfit Loss Loss Borne byBorne by

50% 50% 0% 0% Investor/sInvestor/s50% 50% 100% Managing Team 100% Managing Team

Page 17: Want to own a home…

What are you waiting for . . What are you waiting for . . ??

AcquireAcquire Service Apartment in Service Apartment in

‘‘PATRIA’PATRIA’UseUse

it Royally while on vacationit Royally while on vacationGainGain

Heavy Price appreciation @ Heavy Price appreciation @ No RiskNo Risk

from lucrativefrom lucrativeReal Estate Market in IndiaReal Estate Market in India

Page 18: Want to own a home…

Send your Remittance & Send your Remittance & Documents to:Documents to:

Kalpak ManiarKalpak ManiarM/s. Arvindkumar Maniar & Co. - Chartered AccountantsM/s. Arvindkumar Maniar & Co. - Chartered Accountants

South Africa office: South Africa office:

11, Johannes Dr., Hannops Park Ext. 3, 11, Johannes Dr., Hannops Park Ext. 3, Old Johannesburg Rd., Centurion, Pretoria.Old Johannesburg Rd., Centurion, Pretoria.

Tel./Fax: 012 653 1322 Cel.: 072 5757 390Tel./Fax: 012 653 1322 Cel.: 072 5757 390

India office:India office:‘‘Abhay Nivas’, 14, Panchnath Plot, Rajkot, India – 360 001.Abhay Nivas’, 14, Panchnath Plot, Rajkot, India – 360 001.

Office: (+91 281) 2445800 or 2445700 or 2444599Office: (+91 281) 2445800 or 2445700 or 2444599Home: (+91 281) 2477800 or 2477700 or 2449254Home: (+91 281) 2477800 or 2477700 or 2449254Cel.: +91 90674 79095 Fax: +91 281 2443599Cel.: +91 90674 79095 Fax: +91 281 2443599

e-mail:e-mail: [email protected]@patriainida.com