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Ouro Lifestyle offers Prajakta Classique Your Own Holiday Home at Dream Destination Goa. Ouro’s Prajakta Classique showcases your ‘Holiday Home’…. Move in with your baggage only . Your worries on owning a Holiday Home. Worries of safety and security of your asset
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Ouro Lifestyle offers Prajakta Classique Your Own Holiday Home at Dream Destination Goa
Ouro’s Prajakta Classique showcases your ‘Holiday Home’…. Move in with your baggage only
Your worries on owning a Holiday Home • Worries of safety and security of your asset • Up keep & Cost of Maintenance • Fixed costs :- Phone, electricity, water, cable • Capital costs:- Fixtures & furniture, White goods, Kitchen crockery and others • Enjoying yourHoliday Home • Holiday terms getting shorter • Quality time spent in cleaning up for usage • Under utilization of electrical assets leading to damage of Fridge/ Air-conditioners • Return on Investment
Ouro Offering Fully loaded – your ready to move in apartment With a three year rent back agreement 50 room nights for family & friends 25 in off season, 15 in mid season, 10 in peak season A Concierge service To look after your property To meet your basic arrival needs Other benefits Property value escalation- Approx. 15% PA Income tax deduction On interest paid on housing loan On principal paid on housing loan
Ouro’s Prajakta Classique – offering you …. • One bedroom apartment in two sizes • 81sq/m &98 sq/m • Set of 7 apartments in each size • 900 meters from the Little Vagator beach • Close proximity to other famous beaches - Anjuna & Calangute. • Near some of Goa’s happening night clubs – Curlies, Club Cubana, Club 9 & Tito’s. • Pharmacy, Grocery, and other utility shops close by…
Ouro’s Prajakta Classique Amenities • Gated property with security room at the entrance with intercom connection • Free Parking Space • Elevator • Special waterproofing treatment • 100% central power backup for the complex and specific points within each apartment • Under ground water tank & overhead water tank with adequate storage capacity • Balconies with laminated wooden tile flooring • Open space around the building with a jogging track for the fitness enthusiasts • Children play area • Swimming Pool
Ouro’s Prajakta Classique Indoors Amenities- (only with rent back option) • Living Room – Split AC , Flat TV with DTH, Sofa Cum Bed , two comfortable sofa chairs, Dinning table for Four • Bedroom – Split AC, Flat TV with DTH and Home theatre system, Double Bed with side tables, Linen sets, quilts wardrobe fitted with electronic safe and wall mirror unit
Ouro’s Prajakta Classique Indoors Amenities- (only with rent back option) Kitchen- semi modular with induction cooker, microwave, mixer-grinder, fridge, toaster, tea kettle and basic pots n pans with cutlery for 6 Balcony- with small coffee table set/deck chair Bathroom – Large wall mirror, storage shelves, geyser, rain shower and shower cabin Basics – Curtains, Table Mats and rugs/door mats etc
Ouro’s Prajakta Classique The Financial workings and costs
Rental Income v/s Loan Interest –Start paying capital from year 1 • Presume if the loan amount is Rs. 30 lakhs • The Bank Loan interest component for 3 years is Rs. 82,281/-p.a. @10%p.a. i.e. Rs. 2, 46, 843/- • Rent will compensate interest
ROI – Projected Property escalation @ 15% p.a.- figures in Lakh
Tax Saving • Tax Benefit in Housing Loan • Interest on Housing loan u/s. 24b Up to Rs. 150000 p.a. • Principal u/s. 80c. Up to Rs. 100000 p.a. • Savings in terms of Tax Payable Rs 77,250/- • 3 year projection of Tax Saving Rs. 2,31,750/-
Room Tariff Costs • 50 Room nights a year free Presumed notional saving at 50% self usage p.a. 2,43,750/-
Thanks Our website: www.ourolifestyle.com We are also on www.makaan.com Web link: http://www.makaan.com/ouro-lifestyle-prajakta-classique-goa-majorda/microsite/2463/911 for any queries write to; varda@ourolifestyle.com ravi@ourolifestyle.com