Dear Sir,
This is M.Zahir Khadari. I am hailing from Kakinada of Andhra Pradesh. I did my graduation in commerce and Post graduation in Business Management from Andhra University. I have worked in several organizations in managerial cadre.
I am looking for a suitable Angel Investor to fund a property investment business in partnership with myself as property fund manager.
Real estate in India has been looking very good for the past few years and is set for growth and expansion in next few years. The improvement in income levels, strong economic growth, the development of strong retail lending mechanism and interest of Indians to invest and develop homes, farm house, weekend homes and real estate investments all are driving the real estate market. A new trend that is set further fuel the supply of real estate is the advent of the new special economic zones. Indian real estate is showing strong signs of growth in the large Indian cities besides tier-II cities like Kakinada. Buying property under these circumstances still requires the normal application of due diligence and common sense. But some times the biggest risk is not taking a risk.
Kakinada, city, southeastern India, in Andhra Pradesh State, a seaport on the Bay of Bengal and on the Godavari River delta. Navigable channels connect Kakinada with the Godavari Delta Canal system. In the city are rice and cottonseed-oil mills, salt works, and tobacco factories. The principal exports are cotton, rice, and oilseeds. Moreover Kakinada has an outstanding economic outlook with the upcoming of mega oil refinery promoted by ONGC, SEZ, Ship building unit and IT/ITES SEZ which were approved by the Central Government.
Kakinada city property investors have made spectacular profits and all most every one has been a winner so far. In real estate the general rule of thumb is that buying and gearing up is makes very good investment sense in rising market.
BUSINESS PLAN:
Investor funds a minimum amount of 10 Million INR and there is no maximum limit.
Property fund manager will spend the money and buy property investment. The manager and the investor will both own the investment at the ratio of 50:50 and necessary documentation of partnership will be setup for this purpose. All profits will be divided at the ratio of 50:50. The manager can only start drawing 50% of the profits after the investor has been returned 100% of his/her initial investment from profits so that the investor gets their money back.
Investor will be silent investor but they required to be joint signatories on bank accounts and ownership title deeds. The manager will deduct administration fee which will be on an average 2% of the total income. But some times it may vary since manager cannot extract any profits until 100% of the initial investment is paid back to the investor.
INVESTMENT PHILOSOPHY:
• The aim is to deliver high long term absolute rate of return.
• The funds objective would be to invest in potential attractive opportunities.
FUND MOTIVATION:
Sharp demand supply gap for quality infrastructure.
High yield funding.
Target return on investment 25% gross.
Returns from 2nd year onwards.
If you are interested with the above proposal please click "Write to author" below.
Thanking you,
Regards,
Zahir Khadari.M
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