1. Property situated at, village Pabhat, Zirakpur (adjoining Chandigarh), Distt. Mohali.
2. It is a new RCC building of 82000 sq. ft. area.
3. It also has 15000 sq. ft. open parking area.
4. It is a 3 storey building:
(i) Basement
(ii) Ground Floor
(iii) First Floor
5. It is fully approved building by the concerned Authorities.
6. It has 4 nos. stair cases and lifts for goods: Installed 2 nos.
7. For basement area: It has 2 lane drive way ramp also.
8. It is double gated & independent campus.
9. It has electricity connection, sewerage connection, fire safety certificate etc.
10. Rain water recharge well (Rain Harvesting Tank): Installed 3 nos.
11. Conveniently located off Chandigarh - Delhi road.
12. Earning monthly rent of Rs. 10.50 lacs (with 7% annual increment) from MNC cos.: Sun Pharma - 6,82,953/-
Airtel - 3,64,450/-
...........................
Total- 10,47,403/-
..
13. Income Tax benefit: Rent income amount is eligible for 30% deduction of Income Tax u/s 24, so the Income
Tax would be applicable on the 70% of the rent received amount.
14. Security Deposit: Rs. 41,26,924/- is interest free Security Deposit amount, which would be paid by us to the
purchaser.
It is a solid asset:
15. The current costing as under:
Amount
(i) Plot size 4590 yards @ Rs. 25000 per yard = 11.50 crore
(ii) 82000 sq. ft A class RCC building + = 8.00 crore
15000 sq ft. road, parking sheds, building approval Fee etc.
(iii) Construction time = 18 months ---------------------------
Total 19.50 crore
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