SRA Development at Sion EastNitya Nand Nagar, Sion East, Mumbai.
Plot area : 4,284 Sq Mtrs
Feasibility Report f SRA Scheme Known as Nitya Nand Nagar, Sion East
· Plot Area : 4,284.38 Sq Mtrs (46,117.07 Sqft)
· Existing Tenements at site : 310 Nos
· Amenities : 12
· Total : 322 Nos
· FSI : 4
· Built-up area permissible : 17,137.52 Sq Mtrs (1,84,468.27 Sqft)
· Rehab FSI : 1,01,990 Sqft
· Rehab Component (Excluding staircase area) : 1,58,424 Sqft
· Sale Component : 1,58,424 Sqft
· Sale area that can be consumed at site : 82,478.27 Sqft
· Rehab construction area : 1,73,880 Sqft
· Sale Construction area : 1,23,717 Sqft
· TDR Generated : 75,945.73 Sqft
· COSTING
· Construction of Rehab Building : Rs. 19,12,68,000.00
· Construction of Sale Building : Rs. 18,55,76,096.88
· Transit rent @ Rs 8000 per Month for 24 Month for
310 Tenants : Rs. 5,95,20,000.00
· Governments land cost : Rs. 2,00,00,000.00
· Other overheads like consultant fees, mandatory
Slum Charges, maintenance deposit, infrastructural : Rs. 17,77,50,481.44
development charges, miscellaneous charges
development overheads
· Total : Rs. 63,41,14,578.32
· Recovery
· Sale of Saleable building @ Rs. 25000 per Sqft : Rs. 3,09,29,34,948.00
· Sale of TDR @ Rs. 3000 per Sqft : Rs. 22,78,37,204.16
· Total : Rs. 3,32,07,72,152.16
· Profit : Rs. 2,68,66,57,573.84
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