Dahisar East, 4 Acres 18 Guntha, SRA Joint Venture Development Plot Dahisar East, Mumbai.

SRA Joint Venture Development Plot

Dahisar East, Mumbai.

Plot area : 4 Acres 18 Guntha

Owner Demand : 7 cr

Gharatanpada-2, Rawalpada. Plot area 4Acre 18Guntha. Private owner , Slum declared. About 700 tenants (Apprx)

Development Rights, POA and Agreement with owner , property papers are obtained by my client.

Raw project in very Cheap rate.

Want to be in JV in  60:40. But can be decided on table meeting.

Want partner either investor or Builder .

Details of working of project as shown in attachment. Initially need  10Cr up to L O I.  

               
    SRA PROJECT AT DAHISAR, MUMBAI           
               
Plot details :
               
Plot area : 196,020 Sq.Ft   
Zone : R-Zone   
Tenants:     700(Approx)   
Slum Declared
Owner  :  Private   
FSI  :  3   
Total FSI ( 196020 x 3) : 588,060Sq.Ft   
PAP  :  200(Approx)   
Reservation  :  PH / HDH   
FSI toi Tenants  :  270,000SQ.FT   
Balance Salable  :  318,000SQ.FT   
Total Selable  :  127,200SQ.FT   
( Loading 40%)               
Net Selable  :  445,200SQ.FT   
               
Income & Expenses :               
               
Owners Demand  :  7CR   
               
Rehab Cost  :  32.40CR   
(270,000 * 1200/-)               
               
Sale Component cost               
( 196020 * 500)  :  9.80CR   
               
Other cost CC               
( 318000 * 1800 )  :  57.24CR   
               
Total Sale component  :  267.12CR(APPRX) (@6000/-)               
Less: Total Expenses :  106.44CR(Appx)   
               
Net Profit    :  160.68cr(apprx)   
( say 161CR)               


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