Starlit Smondo Suites

1 BHK Apartment 670 Sq.ft. for Sale in Electronic City, Bangalore

Listing ID #319825

Starlit Smondo Suites Service Apartment for Sale
1 BHK Service Apartment (starlit Smondo Suites) in Neotown, Electronic City.

good Investment Opportunity with Guaranteed Monthly Income.
project Overview
type of Home : Service Apartment.
location : Electronic City.
size of Total Project : Within the 120 Acres Township.
type of Units : 1 Bhk - 670 Sft.
no. of Floors : 18 Floors. (mine is On 2nd Floor)
total No. of Units : 126 Units.
expected Commencement & Completion Date, Construction in Progress and Expected By February 2014 to Get Completion.
cost : 36.5 Lakhs. (includes Registration as Well as 4.7 Lakhs Worth Furniture & Fit Outs) Please See the List Below.
expected Returns : 11% to 26% Progressively.
usps : Secure Way to Get High Monthly Income. Service Apartment Will Be Run By Starlit Suites for 15 Years.

on Most Conservative Basis Following are Returns Paid On Monthly Basis On 25th of Following Month
9 10 % By 1st Year Approx. 3+ Lakh per Annum
13-14% By 5th Year and Approx. 4+ Lakh per Annum
19-23 % By 15th Year Approx. 5-7 Lakh per Annum

ps: % is of Returns are Calculated Very Conservatively Considering Only 70% as Overall Occupancy of Entire Building (total 126 Units). Since Sez is Hardly 200 Meters from this Place Actual Occupancy is Going to Be Definitely More Then What is Assumed in Calculation.