PEARL RESORTS
PEARL RESORTS will be a professionally managed home stay apartments, consisting of studio, 1 & 2 Bedroom Apartments offering magnificent and Panoramic views of the area. Investors will be able to take advantage of the booming tourism industry to earn a substantial return on their investments. Alternatively, they may also choose to reside in their apartment permanently at anytime or to use it as a holiday home whenever required.
The management of PEARL RESORTS as Home-Stay Apartments will be professionally managed by the Company or by its authorized agent on mutually agreed terms.
Return on Investment
According to official statistics on Tourist arrivals in Kerala, there were more than 60 lakh domestic tourists and 6.5 lakh foreign tourists who visited Kerala in 2007. With a growing number of tourists transiting through Cochin each year, just a small percentage of this volume would ensure full occupancy at PEARL RESORTS year round.
PEARL RESORTS is only 25 minutes drive from International airport. Ernakulam South and North Railway stations are only 10 minutes drive away. While staying at PEARL RESORTS itself one can enjoy the tourism potential of the God's Own Country like Backwater Tourism (Ernakulam, Alleppy, Kumarakam), Beach Tourism (Fort Kochi, Puthu Vypin, Cherai and Munambam), Hill station tourism (Munnar, Vagamon), Musri Tourism etc.
With the growing popularity of Apartment Hotels and the increasing tourist population both from India and overseas visiting Cochin, the opportunities to enjoy attractive returns through the leasing of your apartment as a Home-Stay Apartment together with the unpredictable appreciation of your investment are there for you to seize. To augment the tourism potential of Pearl Resort, Sargam has already become a member of the Kerala Travel Mart. The growing number of companies will be relocating to Vallarpadam, requiring apartment suites for visiting executives. Seize the numerous potentialities in tourism sector.
| Minimum 30 % return !? | |
Amazing but true !!! from a Studio Apartment of PEARLKOCHI |
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FOR EXAMPLE Super luxury home stay apartment |
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| Cost of a Studio apartment (of 550 sq ft )@ Rs.3,500/- per sq.ft | Rs.1 9,25,000.00 |
| Add Statutory Charges | Rs. 1,50,000.00 |
| Add furnishing with AC | Rs. 3,50,000.00 |
| Total cost | Rs. 24 ,25,000.00 |
| Less 80% housing loan | Rs. 19,40,000.00 |
| Own investment | Rs. 4 ,85,000.00 |
EMI (equated monthly installment) for a loan of Rs.1 lakh for a period |
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Income: |
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| Income per month-3250*15= | Rs.48, 750 |
| Less EMI to the Bank | Rs.20, 000 |
| Net income Rs.48750-20000 | Rs.28750 |
Deduct the operational expenses of |
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| home stay / apartment hotel @40% | Rs.11, 500 |
| Return on investment per month-28750-11,500 = | Rs.17, 250 |
Rate of return per year=17250*100*12/4,85,000 =42.68% |
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This shows that, the owner of a studio apartment in Pearl Resort will get minimum Rs.17,250/- per month extra even after remitting the loan interest to the Bank. |
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Note: As per the Central Government Budget for 2011-2012, for housing loans up to Rs.15 Lakhs, Government of India will give 1% interest subsidy. That means the effective interest will be only 8.25%. Accordingly, the return will be increased to that extend. |
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