We are in real estate and facilities development business. We are having projects for building commercial / Residential complex in Bangalore. The investment on the project commercial complex is USD 50 Million. The total built up area will be 250000 Sq Ft.The accommodation will be fully furnished and equipped for plug in and work for 2500 professionals, working in the Hi Technology fields, like Electronics, Tele - communication and Information technology related works. The selling cost with the present market situation will be USD 62 Million. This will increase by the time we finish the work on project. The time for completing the project works will be 28 to 30 months from the start of work on the site. A very suitable site, very near to Bangalore international Airport in India is identified for this project. We are in negotiation with the seller for the purchase of the site.
The project will generate monthly rental income of USD 400000, if the accommodation is allotted for rental income and if it is not sold on out right selling basis. We as promoters prefer to sell 75% of the total built up area on out right selling basis and keep 25% of the built up area for regular monthly income. This gives us liquidity for making further investments in to our real estate development projects.
We require finance for these projects. Please let us know whether you can provide assets funding or term loan.
Dawood Khan / Akhtar Contact 0091 99451 03183 / 97403 44044
AD-Vantage Infracare Pvt.Ltd
E-mails – gooddk1969@yahoo.com khan@advantageinfracare.com
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