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Property for sale information

 
The Punjab, Amritsar, India  
Reference nr: GL991654
Description:

Collage Windsor Apartments
Amritsar, Punjab, India

Luxury development offering the best in world class living

• Huge demand for residential and holiday lets
• Located 1km from international airport
• Close proximity to the Golden Temple
• ‘Hands-off’ investment due to on-site property management

The Opportunity

An exclusive complex set in verdant green landscapes offering first of its kind luxury living in Amritsar. With a huge demand for, but a limited supply of hotel rooms the Windsor Apartments offer an excellent investment. Furthermore the environment, choice and standard of apartments make this a favoured option for families seeking permanent residency.

Apartments Specification

• A choice of 2, 3 duplex or penthouse apartments.
• Luxury detailed interiors with state-of-the-art fittings
• Spacious apartments designed with architectural flair
• On-site power generator and water system

Facilities

• Exclusive membership to the onsite ‘Windsor Club’ and wellness zone
• Wellness zone boasts gym, yoga, outdoor tennis and indoor squash courts
• Spa with Jacuzzi, steam and sauna rooms
• Temperature controlled pool
• Cinema and entertainment complex with gaming zone
• Medical centre and School

The Global force behind the Project

• Heritage Group - established in 2000 a solid track record of successful on-site property management with many residential, hotel and commercial projects to their credit. The team will use their expertise to manage the Windsor apartment facilities and tenants.
• The Collage Group – The developers’ track record includes successful execution of several world-class real estate developments.
• Cushman & Wakefield – The premier real estate services firm in the world established in 1971 operates from 49 countries and 6 continents.
• Zachary Design – A UK firm established in 1992 who has developed an impeccable reputation for detail from the foundations to the roof.
• MAAS Architects - Founded in 1994 a highly professional firm versed on executing fit-out projects for a portfolio or prestigious clients.

Investment Information

• Excellent Flight Links - 15 airlines operate in Amritsar with approx. 70 flights per week. This number is set to increase to 150 within the next 10 – 12 months
• Future Aviation Travel – The number of airlines operating from Amristar is set to increase to 35 within the next 6 to 12 months
• Luxury Hotel Accommodation – Attesting to the demand for high quality accommodation the 4* Radisson Hotel is being built in Amritsar.
• Airline & Hotel Staffing – Increasing number of employees requiring world standard accommodation creating huge demand for The Windsor Apartments.
• India is now one of the major economies of the world….’ Business Week Online,


Payment Structure

• 30% Signing of MOU
• 30% Stage Payment
• 40% Completion (July 2009)

Bedrooms: Bathrooms: Price (€):
2 1 63,884
Features:
Spa
Submission Date:
10-25-2007
Last Update:
07-08-2008
Advertiser Details:


Name:
Glenda Lazare

Company:
Avatar International

Phone:
020 8332 8670
Fax:
020 8332 8679
Mobile:

 
Property Photo Gallery

 

Floor Plan

India
 
Calculators

 
Property price: €63,884
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations