Visit - http://www.assotech-sandalsuites.com
For Apartments in Noida visit - http://renrealty.in/properties/noida
Assotech Sandal Suites is 4 star level serviced residences at Noida Expressway which is based on the successful concept of Cabana Services Residences, Indirapuram. Sandal suites at Assotech Times Square is among the exclusive properties in Noida with a unique model wherein customers are the owners of these serviced apartments who also get attractive returns on their investments while Assotech Realty manages and runs the complex. This first of its kind project is a part of a 14 acres Business Park that offer deluxe and premiere suites, board room, meeting rooms, conference and banqueting.
4. Sandal Suites, Expressway Noida
4 Star Level “Serviced Residences” Chain Coming up in 25
Major Cities across India
First of its Kind Project at Sector 135, Noida Expressway
Part of a 14 acres Business Park
Based on the successful concept of Cabana Serviced Residences,
Indirapuram
A unique model, wherein customers are the owners of the Suites and also get
attractive returns on their investments, while Assotech manages and runs the
complex
Promoted and Developed by Assotech Realty Pvt. Ltd.
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5. Sandal Suites, Expressway Noida
Opportunity to be a part of our Business
With the percentage of Corporate Travellers increasing to as good as 53% in the
Hospitality Industry, the resulting ARR (Average Rack Rate) has also gone up. Based
on Market Research, today one of the most attractive investment opportunity in the
Indian Real Estate sector is investing in Serviced Residences. A perfect blend of
Growth in Real Estate Asset and Operational Monthly Returns of 30-35% in a short
span of time.
Assotech Realty Pvt. Ltd, being leader in serviced residences, is expanding their
operations in improvised category to 4 star level by the name of “Sandal Suites” being
launched in 25 major destinations in India, some include NCR, Mumbai, Ahmedabad,
Hyderabad, Pune etc.
We invite you to become a partner in our business at a very notional investment.
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7. Market Research – NCR
According to a leading IPC’s latest Market Survey Report
2010-13, the Indian Hotel Room Market for 10 Major Cities is Estimated to Grow from Rs. 74 Bn
to Rs. 119 Bn translating to a 17% CAGR
The Market Size of the NCR Market estimated to Rs. 28 Bn in 2013. Due to strong commercial
catchment and major IT companies, Noida is becoming an important destination for mid/high-end
Business Suites.
NCR witnesses a year round inflow of business and tourist travelers and they are segmented as
follows:
a.Corporate Travelers – 47%
b.Leisure Travelers – 20%
c.Others – 33%
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With better roads, expressway, DND and metro connectivity in Noida, is fair to assume the
demand of the mid/upscale business suites to increase significantly in the next 3 years
Current supply in Noida is limited to a 2 up-scale and 2 mid-scale hotels and fresh supply of
mid/up scale serviced residences will have tremendous business potential.
8. Market Research – NCR
According to a leading IPC’s latest Market Survey Report
Room Category and Avg. Rack Rates
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Room Category Average Rack Rate
Upscale Mid Scale Economy
12,125 5,798
Premium 29,844
17,773 9,375 5,748
Deluxe
13,745 7,977 3,873
Standard
It is interesting to note that the average occupancy rate for financial year
2009-10, remained around 85% while peak season occupancy touched more
than 90%
9. Serviced Apts vs. Studio Apts
In India Studio Apartment gets confused with a Serviced Apartment, the distinction
marked below will help customers evaluate them as a standalone product
Serviced Residences/Apartments Studio Apartments
Hospitality /Commercial Product Residential Product
Has all the facilities that are offered by a Hotel such as No additional features over & above a Residential Block
Central Air-conditioning, House Keeping, Room Service,
Business Centre, Board Room, Conference and
Banqueting, Concierge and Travel Desk, Laundry Service,
etc.
Always fully furnished with in-room Gadgets (Microwave, May or may not be Furnished
Refrigerator, DVD Player, EPABX, etc.), Soft Furnishings
(Linen, Curtains, etc.) and Crockery/Cutlery
Backed by facilities such as Restaurants, Coffee Shops, May or may not have all these facilities
Gym and Spa, Swimming Pool
Additional facilities/services include electronic safe, No such facilities/services are available
movies on rent, daily newspaper, Iron and Ironing Board
on request, Doctor on Call, etc.
Moreover, the above Services are backed by operational Not backed by operational infrastructure, once handed to
infrastructure such as a back-office, manpower (kitchen, the customers, its becomes like a residential building.
house-keeping, security) and equipments to run the
serviced apartments facility
The above facilities improves the rental income by 5-10 Typical Residential Rental Incomes
times than studio/residential apartment. And it gives
better returns than a commercial product We make your world with care
32. Project Highlights We make your world with care
Modern & Vastu Based Architectural Design
State Of The Art Ultra Modern Health Club with
and Part of a LEED GOLD Certified Green
Spa
Campus
Multi Cuisine Restaurant, Coffee Shops, Pastry
Centrally Air-Conditioned Shops & Bar
High Speed Guest Elevators & Separate Room Service, Laundry Service, Common Self
Service Elevators Laundry Facility
Double Height Guest Entrance Lobby With
Business Centre, Board Room, Meeting
Entrance Porch Designed by International
Rooms, Conference & Banqueting
Interior Designer
Part of Noida Expressway’s premium IT Hub
Terrace Swimming Pool with Pool Side
sectors, home to giants like TCS, Accenture,
Restaurant, Club/Recreational Area
MetLife, etc.
34. Great Investment Opportunity
We offer you sandal suites on operational return basis.
In a simple way customer buys the individual suite and Assotech spends for other
facility and runs the complex.
The total Net rental* is divided as follows:
50% to customer on pro rata area basis.
50% - Towards meeting running expenses, maintenance, security, wages,
administration, and house keeping etc
(*The Net rental is calculated after deducting 6% Management fees to operator and
4% towards Sinking Fund)
Indicative returns at a BSP of INR 6,000/- per sq.ft and rental returns charts
Year Expected Rental per day (INR) Occupancy Level in % Returns*
Year 1 5,200/- 75% 14%
Year 2 6,000/- 80% 17%
Year 3 6,800/- 85% 21%
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45. Disclaimer
All floor plans, layout plans, figures and specifications
are purely conceptual/indicative and not a legal offering.
The competent authority/company/architect reserves the
right to add or delete or change any
detail/specification/layout/elevation mentioned, at its sole
discretion, if so warranted.
*These returns are purely indicative in nature based on
current market study and likely to differ as applicable
during the period of return
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46. Price List
Sr. Particulars Rate(PSF) Remarks
1 BasicSellingPrice(BSP) Rs.5,990/ - Ason01Dec2011
2 AdditionalCharges
2.1 ExternalElectrificationCharges Rs.30/ - -
2.2 FireFightingCharges Rs.20/ - -
2.3 LeaseRent (OneTime) Rs.50/ - -
3 CompulsoryCarParkingPool Rs.1,00,000/ - -
4 PreferentialLocationCharges(PLC)
4.1 LandscapedGreenFacing Rs.100/ - -
4.2 YamunaFacing Rs.200/ - -
4.3 CornerResidences Rs.100/ - -
Notes:
1. Prices are subject to revision without prior notice and those ruling on date of
booking shall be charged.
2. Demand draft/cheque should be drawn in favor of “Assotech Realty Private
Limited”.
3. Registration and other charges levied by the Govt. body shall be borne by the
buyer at applicable rates from time to time.
4. Pricing andTerms & Conditions stated here in are merely indicative with a view to
acquaint the applicant and are not exhaustive.
5. Allotment letter shall be issued after payment receiving 30% of the total amount
as per applicable payment plan.
6. Any levies and taxes such as service tax, etc. imposed by the central or state
government or any other authority shall be charged separately.
7. Company is bound to pay a penalty of INR 20/sq.ft if the possession is delayed
as per allotment letter
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8. The detailed terms and conditions will be elaborated in allotment letter.
47. Payment Plan
Down Payment Plan
Sr.No. Particulars Charges Additional
1 Rebate on BSP 12% -
-
2 At the time of Booking 10% of BSP -
3 Within 45 Days of Booking 85% of BSP Alladditionalcharges
On offer for possession of NSP 5%o fB SP Registration cost & stamp
4
duty charges
ConstructionLinkedPlan
Sr.No. Particulars Charges Additional
1 At the time of Booking 10%ofBSP -
2 Within 45 Days of Booking 10%ofBSP -
3 Within 90 Days of Booking 10%ofBSP -
4 On start of excavation work 7.5%ofBSP -
5 On casting of basement roof slab 10%ofBSP+ 50% CarParking
6 On casting of Ground floor roof slab 10%ofBSP+ 50% CarParking
7 On casting of 3rd floor roof slab 10%ofBSP+ 50% of PLC
8 On casting of 6th floor roof slab 7.5%ofBSP+ 50% of PLC
On casting of eighth floor roof slab 7.5%ofBSP+ External Electrification
9
Charges
10 On commencement of facade work 7.5%of BSP+ Fire Fighting Charges
11 On commencement of finishing work 5%ofBSP
IFMS+LeaseRent+
12 At the time ofpossession 5% of BSP+ Registration Cost &
Stamp Duty Charges
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48. Thank You
R e n a i s s a n c e R e a l t y
Noida: Studio No.007, IHDP Business Park, Sec-127, Noida - 201301
L a n d l i n e : 0 1 2 0 4 7 1 6 6 6 6 F a x : 0 1 2 0 - 4 7 1 6 6 7 7
Delhi: 139A, 1st & 2nd floor, Arjun Nagar, Kotla Mubarakpur, New Delhi - 110003
L a n d l i n e : 0 1 1 - 4 9 1 1 1 2 2 2 F a x : 0 1 1 - 4 9 1 1 1 2 0 0
Gurgaon: Unit F-119/120, Suncity Business Tower, Golf Course Road, Sec-54, Gurgaon-122002
Landline: 0124-4283166/4283167/4283168/4283169/70
E -ma i l : ma r k e t i n g 2@r e n r e a l t y.in We b s i t e : www. r e n r e a l t y. i n
We make your world with care M : +91 - 9999598219, 9999598218, 9999598214, 9582222904