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information, land as an investment and many more covering major states in India.
Contd..
The real estate sector is also responsible for the development of over 250 other ancillary industries such as cement, steel, paints etc. A study by rating agency ICRA shows that the construction industry ranks 3rd among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy.
Mission
To attain and maintain Global Market leadership in Real Estate through People Network and Relational superiority, at a competitive cost, to make a Globalize Real Estate Business. VISION We provide consistent growth opportunities with maximum return on investment, for its channel partners & develop them as future investors.
Company budget
1) Office expenses (Rent) (3000sqft) Security deposit 3,60,000 Monthly rent 60,000 2)Furniture + interior 3)Stationary 4)Office staff a)Accountant (1) b)Peon (3) c)Security (2) 5)Electricity 6)Internet 7)Landline/Telecalling 15,00,000 5,000
Purchase
Initially we are going to purchase 50Acres of land for township purpose . It should be Agriculture with R belt declaration. Minimum cost per acre is 25 lac INR. Lawyer Verification 2% Actual purchased cost. Govt approval for non agriculture (NA). Architecture and planning 2% of entire project cost. Govt approval of Mapping and planning (TP). Cost Includes in (NA,TP) is 20rs/sqft (6 NOC) Approx. 5 lac/acre.
Development
1) Ground Leveling 50,00,000 2) 12 mtr main road 3) 6-9 mtr lanes 4) 1 mtr drainage 5) Boundary 6) Electric Poles 7) Water Pipeline 8) Entrance a)Security cabin b) Gate 9)Public Amenity(small garden, jogging park, temple)etc Approx 10,00,00,000
Cost Evaluation
1 Acre = 47,000 sqft approx. After TP and Development Saleable land = 25,000Sqft /acre 50 Acre = 12,50,000 Sqft salable land. We Purchased 50 Acre land at Rs 12,50,00,000. (12,50,00,000 / 12,50,000) = 100 Rs/sqft
Plan Layout
Marketing
Methods to promote Our Project. 1)Stall at Property Expo 5000/day(3day) = 15,000 2)General meeting with Investor = 200,000 3)Brochures and distribution(10rs/bro) = 5,000 4)Advertising and banners = 1crore
Marketing strategy
We are using two different strategy to promote or to make awareness about our project. 1) Multilevel Marketing 2)Telephonic call
Multilevel Marketing
It is also called chain Marketing. The first Investor who purchased our plot are become member or advisor for our company.
Telephonic sell
We are planning to setup one calling team. They can call customer from given database. Their initial work is to fix appointment with investors for Advisors. Our Advisor will go there and explain every thing regarding our project. Caller on fix salary of 8000/month. If lead is converted into customer they will get 1000 Rs as an incentives/customer.
Profit statement
Total revenue generate = 52,15,50,000 rs (-) Total expenses including 1)Land purchased(12,50,00,000) 2)Development (11,00,00,000) 3)Marketing ( 3,00,00,000) (-) 26,50,00,000 rs Total profit 25 crore 65 lac.