CHB SERIES 2 – Bangalore, IN

Residential     FULLY FUNDED
100%
5 Crores100% Funded

CHB SERIES 2 – Bangalore, IN

Residential     FULLY FUNDED
5 Crores100% Funded

Expected IRR

19.3%*

Expected Yield

12%

Exp Holding Period

2-3 Years

Minimum Investment

25 Lakhs

Expected IRR

19.3%*

Exp Holding Period

2-3 Years

Expected Yield

12%

Minimum Investment

25 Lakhs

Overview

Carmel Heights is a premium class residential property spread across 4 acres of land. It is a sprawling building strategically built in the core IT hub of Bangalore. With spacious rooms and world-class amenities, it stands as an ultimate location for luxurious residences. Brilliant architecture, perfect vaasthu, and spectacular balconies overlooking the Varthur Lake are a reflection of the urban lifestyle of Whitefields. This property is an epitome of luxury and serenity. With an attractive expected yield and IRR this is a great investment option.

Highlights

  • Property valuation can increase by 40% in the next years
  • Good long term rental yield to the tune of 4%
  • Planned Metro station at a distance of 5km from the property
  • High-end amenities and infrastructure
  • Best investment option with high returns and capital appreciation

Growth Plus

Growth plus product is a fractional ownership investment, helping our investors to invest with a minimum ticket size. This product helps our investors to own a fraction of high net worth investors.

About Builder

Incor has a proven track record of building high-quality townships, delivered on time, and has earned a reputation for creating a great social life for the residents of its townships. It was founded by a cartel of NRI’s returned from the US with a vision to form a premium global conglomerate with a clear focus on diverse businesses within the group. It is anchored by professionals from various backgrounds in Real Estate, IT, Healthcare, and Infrastructure. Incor is a partner in PBEL – which is a JV between Israeli giants Property and Building Corporation (PBC), Electra Real Estate (ERE), and Incor Infrastructure.

Over the last 16 years, Incor has been creating landmark residential and commercial projects across Hyderabad, Chennai, Bangalore, and Rajahmundry. With 7 Mn Sqft of completed and planned projects, Incor has a rich experience in this field, and has a loyal customer base, along with long term business partners. In addition to Real Estate, the Incor group operates a chain of hospitals under the name “OMNI” in 3 cities and a co-living brand called Boston living. The company is set on high values of quality and integrity and is committed to bringing world-class infrastructure to India. 

Location

Whitefield is the hottest location of the Bangalore city. With massive IT parks, Hospitals, International Schools, and Restaurants, it is one of the highly developed cities of India. Whitefield is also a niche for most luxurious apartments of Bangalore. Being in close proximity to many IT companies and other facilities makes this place more appealing to the IT employees. This suburb is also well connected to every corner of the city.

Bangalore also is known as ‘Silicon Valley’ is the capital of the state of Karnataka and the IT capital of India. Bangalore is the second-fastest-growing and the fifth-highest-income Indian city by GDP per capita. Indian technological organizations ISRO, Infosys, Wipro, and HAL have their headquarters in this city. It is also home to many reputed educational institutions such as the Indian Institute of Science (IISc), Indian Institute of Management (Bangalore) (IIMB). The establishment of highly reputed educational institutions in Bangalore made it a city with a highly educated workforce in the world. Good employment opportunities here have led to huge migrations and a significant increase in the population in Bangalore. Bangalore also has well-developed air, rail, and road transport systems. This city also offers a plethora of entertainment options along with luxurious urban living.

UNIT DETAILS

  • Project area32 Acres

  • Project UseResidential & Commercial

  • Total area:  4 Acres
  • Storeys18 

  • To be CompletedBy 2021

  • Asset composition1, 2 & 3 BHK

AMENITIES

landscape Garden  landscape Garden


sports facility   sports facility


 24/7 security   24/7 security

Gymnasium  Gymnasium


Children's Playground  Children's Playground


Shopping center   Shopping center

Swimming pool  Swimming pool


Jogging track  Jogging track

landscape Garden  landscape Garden


sports facility   sports facility


 24/7 security   24/7 security


Gymnasium  Gymnasium


Children's Playground  Children's Playground


Shopping center   Shopping center


Swimming pool  Swimming pool


Jogging track  Jogging track

HIGHLIGHTS

  1.  No south-facing units entire property following Vaastu requisites.
  2. High-end in-house amenities like Clubhouse, Pool, Amphitheater, and Gym..
  3. Expansive balconies overlooking the Varthur Lake.
  4. Just next door to Forum Mall and other major commercial complexes.
  5. Strategic location in the core IT hub of Bangalore.

Overview

Assetmonk team takes pride in the amount of due diligence and risk mitigation steps it takes before taking up any investment opportunity for the investor. Let us get down to analyzing different types of risks associated with any real estate transaction, and how this opportunity has those risks addressed.

Execution Risk:

The property is RERA approved. The construction is in progress and is completed up to the 2nd floor. The investment product is for 36 months and the structure is in such a way that the construction is completed within the time limit.

Title Risk:

Title is one of the main risk factors while considering investments in real estate. The Bangalore property is a 4-acre development where the construction is already underway. The project also attracted investments from financial institutions that had undergone thorough due diligence already. Also, the project is approved by various financial institutions like SBI, etc validating the title documents. This makes the title clear and there is no ambiguity with regards to any doubts in terms of ownership.

Financial Risk

The major concern is the overall position of the developer to complete the development of the product. The project is already under construction and the developer has already sold units to customers. There are bank loans for these customers which ensures steady cash flow for the developer once a particular milestone is reached. Also, the developer has initially tied up with Financial institutions for the cash flow. So the probability of the project not completing due to financial constraints is negligible.

Exit Risk:

The major concern for investors about any investment is the risk strategy. Currently, the product is already under construction and the current market price is much higher than the offered price. Once the building is completely constructed it will be easier to sell to the customers thereby facilitating the exit of the investor. However, in the scenario, the security is not sold the developer needs to buy back the security at the average price of last quarter. This ensures the exit for the investor.

Investment Risk:

The product involves a trustee who ensures that the payment of interest is made on time to the investors. This ensures the timely payment of interests to the customers. As per the terms mentioned, the principal should be returned at the end of the duration along with the profit share. The product is offered at a discount compared to the current market rate. This ensures that the principle is guaranteed during the exit. Investors also are protected by the fact that by half term of the tenure, the assets will be fully developed and ready to occupy, ensuring better security to investment.

Regulation Risk:

The product offered is a RERA approved development. Also, the product offered comes under the purview of the Ministry of Corporate affairs and needs to be registered with them. There is also a trustee involved to oversee the compliance of the terms specified.

Overview

The cash flow of the investor is mentioned below for a sample investment of 25 lakhs, which attracts a 3% payout every quarter.

All figures above are in INR lakhs

Q0Q1Q2Q3Q4Q5Q6Q7Q8Q9Q10Q11Q12
Investment (25)

Quarterly returns

0.750.750.750.750.750.750.750.750.750.750.750.75
Repayment of Investment25
Profit share of Investor @ 8000 rs per sqft4.69
Investors Cashflow(25)0.750.750.750.750.750.750.750.750.750.750.7530.44
IRR20%

The investment is offered to the customer at the rate of 5000 per sqft.

Current retail price offered to the customer in the product is an all inclusive price of 7500 per sqft

The benefits of the project are

  1. Easy accessibility to IT offices in whitefield
  2. Location is just beside forum value mall in whitefield
  3. Part of a 4 Acre gated community

The above benefits will ensure that the prices of the product will achieve a conservative mark of more than 8000 by the end of the product tenure.

While keeping in mind the continuous cash flow along with the profit share in the end we can expect a minimum IRR of more than 20%

IRR is nothing but the rate of return for the duration of the period.

Property

You are free to visit the property. However, if you want our help in arranging the visit, please make sure you keep us/ your relationship manager informed, to make sure the property access is smooth

We pride on the level of due diligence each and every product undergoes, before it makes it to our platform. Our selection criteria includes factors like correct valuation, growth potential, clear title, legal compliance, regulatory compliance, risks involved etc. However, investors are invited to perform their own due diligence, before making any decision, since every investment/ purchase decision is prone to some inherent risk factors.

This property is spread in 34 acres in a strategic location Patancheru close to ORR of Hyderabad. With excellent in-house amenities and infrastructure the property is one of the premium constructions of Hyderabad. The beautiful landscape gardens and balconies overlooking a natural lake stand as a huge attraction to this property.

The minimum investment of this property is 18 lakhs. Assetmonk is revolutionizing investing in high growth potential assets of Real Estate at minimum investment ticket sizes.

This project/investment offering belongs to growth. Growth is a product exclusively for investors looking for long term value investment. It is an Early-stage investment option where the investor is benefitted by low investment price and high returns.

Investment

Post-purchase maintenance formalities for some of the properties are assured during the investments. You can contact our asset managers for more datails

Our exclusive investors portal can be used for tracking the investment, checking regular updates, accessing transactional info, etc. Depending on the product offering investors have chosen, they can contact the asset manager assigned, for any additional queries

Once the onboarding process is completed, you will be receiving documents of

  1.  MoU
  2.  AOS
  3. Sale Deed etc

Investors looking for long term investment options providing good capital appreciation can invest in the growth product. Any Indian Citizen, NRI, HUF or a company can invest in the product

Yes, Assetmonk allows investors to diversify their portfolio by offering investor-friendly deals and custom product solutions. Flexible tenure, ticket sizes, and degree of risk provide our investors with an easy choice for investment portfolio diversification.

Cashflow

Yes you can get the TDS refund provided

  • IT returns are filed promptly with the government
  • Income for the year is below the prescribed non-taxable amount.

After investing in the project,you can expect returns once the sale of unit proceeds. IRR of 21* is applicable for this property which might change based on market conditions.dion Sample Description

None. All the charges will be mentioned upfront. Assetmonk team disclosed all the charges and fees that an investment attracts upfront to avoid any sort of inconveniences

As an NRI, you can invest through your NRE/NRO account and enjoy the returns. For any custom solution, please get in touch with your relationship manager.

The economy is in a growth phase after many quarters of downturn and the recent trend shows the market is able to absorb small unit sizes. Real estate as an asset class has not lowered the rates and will only appreciate with time in a growing economy.

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