Roystonea Magarpatta City – 3 BHK Sale

Beautiful 3 bhk furnished flat for sale at Roystonea, Magarpatta City

Location Magarpatta City
Area (built-up) 1600 sq.ft
Bedrooms 3
Bathrooms 3
Furnishing Fully Furnished
Car Parking 1 nos
Asking Price Rs. 1.52 Cr
Google Location here

Actual Video

Sopan Baug Real Estate

Everything you need to know about Sopan Baug Real Estate. Its all here !!

Actual Picture Of Sopan Baug from Amar Renaissance

Sopan Baug is a premium address of Pune known for its green environment and proximity to the city center. The area has remained an ideal destination for both end users as well as the investors.

The area offers wide streets, ample water supply and barely any power cuts. Also another advantage here is the light traffic making it an excellent residential location.

Areas like Magarpatta, M.G Road, Koregaon Park, Kharadi are not more than 10-15 mins away.

Amar Renaissance Amenities

Majority of the property options available here are premium apartments. However, few villa units and plots in gated societies are also available here with luxury features.

If you’re looking for excellent living conditions – Sopan Baug is the place for you. And if its Sopan Baug real estate – Absolute Living Property Consultants is the one to contact. Not only do we personally reside here we focus on this location.

New Projects, Resales, Rental – We have it all !!

Here is a list of options available with us. Contact our Sopan Baug expert for any inquiries and property viewings.

Sr. NoPropertyTypeArea (sq.ft.)Price
1Amar Ambience3.5 bhk19262 Cr
2Orange Blossom2.5 bhk16251.55 Cr
3Alpine Castle4 bhk dulex penthouse27073.35 Cr
4Ambience Greendale2 bhk13411.39 Cr
5Ganga Melrose3.5 bhk26502.90 Cr
6Empress Towers4.5 bhk35154.92 Cr
7Empress Court4.5 bhk30002.38 Cr
8Empress Court4.5 bhk30002.70 Cr
9Belmount Apartments2 bhk120092 Lakhs
10Swastik Ganga3 bhk17501.55 Cr
11Empress Court2 bhk15501.50 Cr
12Cypress Terraces3 bhk14501.35 Cr
13Rosary3.5 bhk ph17352.25 Cr
14Garden Enclave4.5 bhk Villaplot 6000 bu 40005 Cr
15Ganga Melrose3.5 bhk26452.60 Cr
16Clover Belvedere4.5 bhk duplex penthouse36003.50 Cr
17Parmar Avienus5 bhk40264.40 Cr
18Mid Town3.5 bhk17001.70 Cr
19Green Haven2 bhk135096 Lakhs
20Empress Garden SocietyPlot1240013.50 Cr
21Sopan Baug SocietyPlot53707.10 Cr
22Sopan Baug SocietyPlot1074014.20 Cr

For a complete list of new projects at Sopan Baug contact us.

Kirti Kirpalani

Head – Residential Services

Phone : +91 98230 51043

Email : kirti@absoluteliving.in

 

“We work for our clients, not our commission.” – Absolute Living Property Consultants.

Restaurant Sale Pune

Preleased Rooftop Restaurant for Sale at Pune

Location Wakad, Pune
Property Type Rooftop Restaurant Space
Area Covered Area : 3151 sq.ft
Semi Covered : Area 1260 sq.ft
Uncovered Area : 840 sq.ft
Chargeable Area : 5251 sq.ft approx
Rent Details Tenant : Well know restaurant in Pune
Rent Tenure: 5 yrs
Lease Commencement Date : 01/07/2017
Rent Commencement Date : 21/09/2017
Rent : 2,50,000/- per month
Agreement Type : Leave & License
Lock-in : 36 months
Furnishings : Fully furnished by owner
Escalation : 4% per year
Maintenance: 4/- per sq.ft per mth paid by tenant
Net Rent : 2,71,000/- per month
Security Deposit : 10,00,000/-
Car Parking : 4 nos
Asking Price 4.25 Cr (very slightly negotiable)

Specific details will be shared at the time of inspection/viewing.

Distress Showroom for Sale – here.  |  Other preleased options click here.

If interested fill in your contact details below and we will get in touch with you.

3 BHK for Sale at Sopan Baug, Pune

A beautiful 3 bhk penthouse for Sale at Sopan Baug, Pune

Location Sopan Baug
Apartment Size 2800 sq.ft
Configuration 3 bedroom penthouse
Furnishing Exclusively fully furnished with white goods
Car Parkings 2 covered
Pricing On Request
Contact Details +91 98230 51043 / kirti@absoluteliving.in

Video with actual pictures:

Preleased Property Sale – Pune, Viman Nagar

Distress Preleased Property for Sale in Viman Nagar, Pune

Location Viman Nagar
Type / Floor Showroom / Ground floor / Road Facing
Area (sq.ft) Built up – 19,500 sq.ft
Asking Price Rs. 30 Cr (negotiable)
Lease Details Lease Agreement 
Agreement Term:  1/11/2011 to 31/10/2021
50 Lacs security deposit
50:50 profit sharing
Monthly : 13.80 Lacs average over 12 months
Yearly : 1.68 Cr (last 12 months)
Contact +91 98905 02322 / nelson@absoluteliving.in

Deal Highlights:

  • Outright purchase price for showroom space in this location is minimum 25,000/- per sq.ft. Asking price is much below than market price.
  • Tenant is a well-known large store with another 2 branches in Pune city. Business is very well established and the tenant is very interested to renew the lease.
  • Investor can expect a rise in the monthly incoming. Due to the introduction of GST businesses are showing more profit due to which monthly incoming for the investor will increase.

Specific details will be shared at the time of inspection.

Other preleased options click here.

If interested fill in your contact details below and we will get in touch with you.

Preleased Properties

This article will help answer the following questions.

  • What is a preleased property?
  • How does it work?
  • What is yield?
  • Why should you invest in pre-leased properties ?

A Preleased (pre-rented) property is a property on sale, one which has already been given on lease to a tenant/ lessee and is generating a monthly rent.

The concept of rental yield is fast catching the imagination of investors in India. Investors invest into Commercial Real Estate (CRE) with a view to earn a fixed income coming in the form  of rent.

Investors are transacting in (CRE) which is in demand and offers high annual rental yield. There is a healthy demand from corporates from the IT and BFSI segments, which account for 60-70% of the total demand. While residential properties give 3-6% as rental yield, commercial properties offer a high rental yield in the range of 8% to 12% or even more.

Pre-Leased Commercial Properties command high yields.

These pre-leased properties provide fixed income. Here, the aim is to lease out to quality tenants, earn lease income over a 7-10 year period and subsequently exit with a moderate to high capital (property) appreciation.

What decides the rental yield in these properties?

No doubt, the entry price is one of the biggest factors in determining the yield. Lower the price, higher the yield. Another key factor is the quality of tenants.
Commercial properties occupied by multinational companies (MNCs) like foreign banks, investment banks, etc, or domestic firms like BPOs, IT/ITeS units as tenants generate high rental yields.

How to calculate the rental yield

The calculation is simple. You are arriving at a price after including the total purchase price minus security deposit paid by the tenant. The annual lease rent is divided by the final price to arrive at a yield. Generally, the lease term happens for a period of three years, which on renewal commands an escalation of 15% in rent. Hence, the rental yield increases progressively every three years.

The key factors driving such investments are obvious as CRE demand is growing at a robust pace, vacancy levels going down and rising rentals. In a falling interest rate environment, where other financial products show signs of volatility, investment in pre-leased CRE will provide stable returns in the form of regular monthly returns and capital appreciation on exit.

Advantages of investing in preleased properties

  • Assured returns right from Day 1: Usually, people buy properties and rent it out later. This means that the buyer looks for the tenant himself and has to wait for return, after purchase, till the time the property is actually rented out, whereas in the case of a pre-leased commercial property, returns are assured right from day 1. This means there is a zero waiting period for Return on Investment (ROI).
  • Fixed Monthly Returns: Since these properties are already occupied by tenants at the time of purchase, a lease agreement is already signed, security deposit collected, and lock-in period defined. Hence, a monthly return is fixed and assured. It is a very safe investment.
  • Tax Saving: The rent received by the buyer is taxable. However, a 30% standard deduction is always allowed for repairs and maintenance, regardless of the actual amount spent. This means that you save tax on 30% of the amount and pay tax for 70% of the rent income received.
  • Rent Escalation: Rent escalation is pre-defined in the lease agreement. Rent appreciation is usually 15% after every 3 years.
  • Lock-in Period: A lock-in period is defined in the lease agreement. Lock-in period is the minimum time frame in which the tenant cannot vacate the property.
  • High Capital Appreciation: Of course, the value of properties increases over time. But commercial properties witness higher capital appreciations. Not only do you benefit from the assured rents, but also from the value appreciation of your property.
  • Low risk factor: The property is already occupied for a specified duration, which means that returns are guaranteed atleast for the next few years and the required legal documentation has already been done. It is a safe long term investment. Such properties are rarely affected by economic slowdown or recession in the realty market. This is because the duration of stay of the tenant and rent terms are already specified. Current market factors do not affect it.
  • Easy Bank Loans: Financial institutions lend loans easily for pre-leased properties, even to the tune of 90% of the cost of property.

With investment in completed (ready possession) CRE, there are no risks associated with Land, Project Approvals and Constructions delays. Regulatory initiatives including GST, and RERA as well as demonetization have resulted in higher transparency that would further boost the commercial real estate space demand making it a compelling investment choice.

Marvel Bounty Magarpatta 3.5 BHK

A beautiful 3.5 bhk flat for sale at Marvel Bounty, Magarpatta Road.

Details and actual picture below.

Project Name Marvel Bounty
Location Magarpatta Rd
Built Up Area 2580 sq.ft
Configuration 3.5 bhk
Floor Middle
Car Parking 2 covered (basement)
Asking Base Price INR 1.62 Cr
Other Details / Features Brand new unused flat, Ready possession, Pool facing, 100% generator power back up, Italian marble flooring in living & bedrooms, Designer modular kitchen with hob and chimney, Split AC’s in all bedrooms, Separate shower cubicle and dry area, Jacuzzi and steam room in Master Bathroom.
For details / viewings (+91) 98230 51043 / 98905 02322

Actual Pictures: