Limited period investment opportunity at 500 acres integrated township Ireo Waterfront, Ludhiana. This is a fantastic opportunity offering around 50% guaranteed appreciation.
1. Ireo Waterfront Plots Ludhiana
Spread over 500 acre of land comprised of multiple residential developments such as plots, group
housing, row housing and villas in Ludhiana
Brought to you by Aukeva, Official Channel Partner for Ireo in the USA and India
For more information:
98712.23021 (India)
925.415.9151 (USA)
sales@aukeva.com
www.aukeva.com
2. About IREO Waterfront
Waterfront Ludhiana is Ireo’s prestigious integrated township development spread
over 500 acres of land. Designed by an international architect, this new age
development shall comprise of multiple residential developments such as plots, group
housing, row housing and villas. The Lifestyle of Waterfront residents will be supported
by well conceived street architecture and social & recreational infrastructure such as
retail, schools, healthcare, entertainment, green spaces and a signature lake complex
spread over 13 acres. Apart from a large manmade lake, the lake complex shall have
manicured landscapes along with a premium club to be managed by an international
chain.
3. Location
The main approach of the township is on the Sidwan Canal Road which is one of the
most promising growth vectors of Ludhiana. In the vicinity are several developed and
upcoming premium residential developments. While the main entrance is on the
Sidwan Canal Road, the township also enjoys an access from the Ferozepur Road.
Please find attached the location map.
4. Development Update
Active development works are in process at the township site with visible progress on
road infrastructure, services, construction of villas, landscaping works, etc. Going
ahead, the progress of works is expected to gather further momentum in 2012.
5. The Investment Proposal
A. Payment Plan:
On Booking - 10% of BSP +EDC
Within 45 days - 90% of BSP +EDC
On Possession or 24 Months
Whichever is later - Power back-up charges + IFMSD
B. Special Price:
For 200, 300, 500 sq.yds. - 20% discount on BSP. Revised BSP - 16600/- per Sq. Yd.
Other charges (incl. Power back-up, EDC, IFMS) shall be
as mentioned above.
Upon receipt of the stipulated payment within 45 days, the developer shall execute a Plot
Buyer’s Agreement which shall contain ‘The Assured Appreciation Option’.
6. C. Assured Appreciation Option
1 Plots Sizes 200,300,500 Sq. Yd.
2 Financial Terms at CLP
2a Current BSP Rs 20750 Per Sq.yds Construction Linked Installments
2b Power Back-up Charges Rs 1000 Per Sq.yds Payable at Possession
2c EDC IDC Rs 1000 Per Sq.yds Construction Linked Installments
2d Maintenance Deposit Rs 350 Per Sq.yds Payable at Possession
3 Financial Terms at
'Assured Capital
Appreciation Scheme'
3a BSP - Discount @ 20% Rs 16600 Per Sq.yds 10% at Booking Balance Payable in 45 Days
3b Power Back-up Charges Rs 1000 Per Sq.yds Payable at Possession
3c EDC IDC Rs 1000 Per Sq.yds 10% at Booking Balance Payable in 45 Days
3d Maintenance Deposit Rs 350 Per Sq.yds Payable at Possession
4 Surrender Option after Rs 24640 Per Sq.yds BSP + EDC @ 40% appreciation
24 months of
7. C. Assured Appreciation Option
At the end of 24 months (after payment of BSP and EDC), the investor / buyer shall have the
option to surrender the plots back to Ireo in lieu of which Ireo shall pay a consideration @ Rs.
24640/- per Sq. Yd.. This means an appreciation of 40% over the consideration paid by the
investor/buyer in 24 months.
8. D. Exercise of Option by Investor/ Buyer
1. Surrender Option with Appreciation - At the end of 23 months, whereupon Ireo will complete
the payment at the end of 24 months.
2. Option to Retain the Plot - At the end of 23 months. In the event that the investor/ buyer
thinks that it is advantageous to retain the plots, he may do so by choosing such an option at the
end of 23 months.
9. E. The proposed Modus Operandi shall be as follows:
A. At Booking : Payment of 10% of Discounted BSP + 10% of EDC @ RS 1000 Per Sq.yds
: Ireo to bank the cheque and issue a ‘Receipt’ Cum ‘Priority No.’
: Execution of our standard Application Form
B. After 45 Days : Payment of 90% of Discounted BSP + 90% of EDC @ RS 1000 Per Sq.yds
: Allotment of Specific Plot No
: Execution of Plot Buyer’s Agreement containing “Surrender Option Clause”
C. After 24 Months : Plot Buyer may exercise the option to either
(a) “Retain” the plot and thus forego the ‘Surrender Option’
(b) “Surrender” the Plot and ask for refund plus appreciation @20% simple interest p.a.
: Upon receipt of ‘Surrender Option’ Ireo shall pay the above-mentioned amount within
a period of 90 days. The appreciation shall be calculated @ 20% simple interest p.a. for the duration of
investment i.e from the date of completing 100% payment till the date of issue of refundcheque.
10. Ireo Waterfront Plots Ludhiana
Spread over 500 acre of land comprised of multiple residential developments such as plots, group
housing, row housing and villas in Ludhiana
Brought to you by Aukeva, Official Channel Partner for Ireo in the USA and India
For bookings or more information:
98712.23021 (India)
925.415.9151 (USA)
sales@aukeva.com
www.aukeva.com