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Property for sale information

 
Mountain View, Rudrapur, India  
Reference nr: KM265221
Description:

Kuvera properties:
Kuvera believes that Rudrapur, in the state of
Uttaranchal offers the best investment opportunities
available anywhere in India today. Our vision for Rudrapur is long term and we have been strategically
landbanking in the area for the last two years and have land set aside for residential.

The first project we are bringing to the market is a high
end residential project called Mountain View. Finished
to the highest standards with marble throughout
Mountain View is a 6 acre community set in the
beautiful surroundings of the Sub Himalayan Valley.
The grounds have been designed by a leading Indian
horticulturist with 65% open area and water bodies.
Ranging from 3 to 5 storeys high these low rise
apartments are serviced 24-7 by a professional team
of cleaners, gardeners, electricians, plumbers and
security guards so that all tenants needs are taken
care of.
Mountain View is close to all amenities with a new
commercial centre adjacent.

There is also a recreation club within the community for residents. Ideally located only 2.4 kms from the Special Economic Zone, on a new 45 meter wide bypass, Mountain View provides the ideal retreat for the plant managers who can get to and from work in approximately 5 minutes.

Beautifully landscaped gardens.
Commercial centre adjacent.
5 minute drive from 4,200 acre SEZ.
Car parking available.
Finished to a high standard with marble throughout.
Recreation Facilities.
Commercial Centre adjacent.
Environmental build with sewage treatment plant and
use of solar power.
Management, Letting and Resale by Kuvera India.

2 bedroom - 2 balcony - 2 ensuite.
1060 sq ft.
Unique design means that each apartment only shares one boundary wall with neighbouring apartment.
Excellent ventilation and lighting throughout.

The 3 different Payment Options:

Option 1. 25% on signing of agreement to purchase
40% in 6 months
35% on completion
This option is ideally suited to someone that does not want to make an initial large payment.

Option 2. 50% on signing of agreement to purchase
50% on completion
This payment option comes with 5% discount.
This option is ideally suited to those that want to sell
before completion as the investor only pays 50%
and avoids stamp duty and legal fees.

Option 3. 100% on signing of agreement to purchase
This payment option comes with a 10% discount.
This option is ideally suited to someone that wishes
to complete and wants to get the best discount.

Should one choose to purchase through a company structure or as an individual owning the Freehold, stamp duty is an additional 10%.

Legal fees are 2%.

A 2 year rental guarantee of 5% per annum will commence after completion and transfer of title deeds.

Kuvera India will offer a 100% buy back guarantee. This guarantee is an offer to buy back the apartment at the purchase price.

In India, ground floor and corner apartments command a premium, hence price difference above.
Parking is an additional €1000

Bedrooms: Bathrooms: Price (€):
2 2 38,600
Features:
City
Submission Date:
02-26-2008
Last Update:
02-26-2008
Advertiser Details:


Name:
Kieran Murphy

Company:
Kuvera Properties

Phone:
00353 1 4911220
Fax:
00353 1 4911224
Mobile:

 
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Calculators

 
Property price: €38,600
 

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