Pune Condo Hotels
Email:
 [email protected]
Phone: +44 8701826515
Fax: +44 8445852550
www.eastwestdevelopments.com

 The Grand 5 star Deluxe Hotel, Pune.

Private Condos and Parking Slot ownership  in  a 5 star Hotel gives an excellent Investment opportunity to the Investor seeking high  guaranteed returns of 38%.           This is a Pre-construction Opportunity.
The GRAND 5 Star Deluxe Hotel
Pune, INDIA
Two things we know that are important in any real estate purchase is LOCATION and LEVERAGE and this project has the best of both. The best part is you can Purchase with only 20% down, and nothing more to pay for ever. You can even start the reservation with 2% down only, in a market which has the potential to appreciate 30 percent every year for the next 5 years.
Studio Suites are the most wanted investment by the Investors, as such most of the references and examples given below, are on the Studio condo units. 
Price  
Unit type  
No. of units  
sq.
ft.
 Purchase Price in US $
 Price increase projected per year.
Studio  units.
330
402
215,000
    12%   
The developer Prices increases regularly. The above prices are 30% lower than comparable current local prices. This is a great buy.   Check this Week’s Special Offer below” with the 20% cash back offer. You are buying this property for FREE. This is no joke. There is no catch. We are serious. Check out the numbers and figures.  Just imagine, the buyer pays 20% on reservation, and then gets the same amount back, their 20% as Cash back. That means Zero money out of the Buyers pocket, and they becomes an owner of the Property for FREE, and earns a substantial rental income for life. Or could sell their property for big profits. This is a very attractive purchase.  

This week you and all the Buyers can own this Property for FREE  & enjoy the high Rental Income for FREE.

Can anything be better than this. This is a WIN WIN situation.  Please read this Week's Special Offer below:

Franchise/Management Company: A worldwide international hotel chain, like Marriott, Hyatt, Hilton, Sheraton, Ritz Carlton, Meridien etc.   Brand name not yet determined.

Three payment options: 2% installment payments and 98% financed by the developer ( for a very limited period only). or 20% down and nothing more to pay from pocket. Or you can pay for the full purchase price and get a 50% discount. 

Deposit Required:  $1,000 will reserve a unit at today's pricing. 

Low Price Guarantee:

Buyers get the lowest price as of today. Buy without worry of prices dropping.  Please note: Price increases regularly.  If the developer ever lists a lower price than your buying price, then the buyer automatically qualifies for the new lower price, and at the developers discretions you will get a price reduction adjustment or refund of the difference. This is the developer's low price guarantee to you. Go ahead and make a reservation without worry.

On receiving your enquiry, a company representatives will work out your maximum discounts and rebates, and send you your guaranteed lowest quote for your review.

As you know, successful pre construction investing has a lot to do with getting into a project early enough to take advantage of the developers price increases as the project is sold.
It is very important to remember each Pre Construction project has only a certain number of units. In order to lock in the best deal for yourself, please act fast. Priority will be determined on a first come, first serve basis.

Projected 12%+ per year Price increase:

Developer raises this price as his inventory gets sold.   Take advantage of these Developer price increases. This is easy money in your pocket, while you sleep and do nothing, but wait. Taking property appreciation of 20-30% into account, your price increases are likely to be much higher.

Our goal is to make it extremely easy to participate in our projects. We will listen to the investors goals and help them experience the magic of great returns.

           With LEVERAGE: Over 50% per year Profit from Price increase.

Leverage is the big advantage in Real Estate. With 20% down. Your leverage is 5 times.  That relates to 12% x 5 = 50% plus per year gain. The buyer needs to do nothing, but just wait.

                      A famous American investor, Robert Allen, once wrote                                                                                     “If you want to be wealthy don’t wait to buy real estate   . . . . .                                                                            buy real estate and wait”.

 A $1,000 ($10 only this week) Fully Refundable deposit by credit card is required to reserve a space. By putting your refundable $10 deposit, the Developer is committed to hold the price for you for 30 days. However there is No commitment on your part to go ahead with the purchase.

Your credit card will not be charged if units are sold out or not available, or if your application is rejected. You will be informed accordingly. In event all the units for this month are sold out, and you are unsuccessful in seeking this reservation today, your name will be put up on a priority list for the next month's release. That way you are sure to get in on the 1st of next month.
 
The best time to make money in pre-construction is as early as possible. Those who are the first to know of a potential project will be the first to gain and will usually be those who gain the most.

Parking Slots:  In addition to studios, the smaller buyer can also invest in Parking Slots.

INVEST IN PARKING SLOTS

There will be 550 car & 30 bus/coach/commercial Paid Parking Slots. Some slots will be in  the open area, and some of the slots will be in the underground parking garage. All vehicles will be issued an electronic time  ticket going in, and have to pay going out. Some free parking passes may be issued to VIP  Guests and others at the managements discretion.

 

Projected Parking rates: $0.70 first hour. Each additional hour $.35.   There are no comparisons of occupancy rates but projections are that the parking lot will do very well.

 

The buyers, as owners can choose to get their slot either in the open area, or in the under ground parking development. However owners cannot pick and choose their particular slot  number. The buyer is part owner of the whole parking development. The developers will issue a slot number  to the buyers as per their reservation date.  All other terms are the same as for the purchase of regular rooms. Like 98% Financing, Gold Card benefits, viewing trip rebate.

 

38% guaranteed rental revenues on invested amount, Free Assignment etc Still applies. The only difference is that for rooms the buyer gets to select the room, and for the slots there is no selection. For any clarifications please contact [email protected]

The owners will receive a 100% rental return from their parking slots.  In addition for the first 3 years, the buyer will receive from the developer minimum 38% per year as guaranteed parking revenues on the initial invested amount for their slot, Or 100% of the rental revenue, whichever is higher. After 3 years the revenue will be 100% in favor of the slot holder, with no guarantees. This guarantee will be reviewed annually there after  to reflect changes in economy, wages and operating costs, and determined whether it should be kept or discontinued.  From these revenues the buyer as a owner is responsible for his/her slot property and has to meet all the expenses and third party expenses on it.

   

It does not matter if your particular Slot number is rented or not. As the revenue from all the parking is pooled together and the revenue divided in equal proportion among the owners.

In addition to Parking slots and studio & condos, the smaller buyer can also invest in Fractional units. 

Fractional Ownership - For small Investments

A limited number of Fractional ownerships are available on the Studio Suites and Parking Slots only. Each fractional unit is 1/12 (one twelfth) ownership share of the property unit, that is for 4 weeks (28 days) in a year. The buyer pays for a fraction of the unit property, and receive a fraction of the ownership, and the revenues it generates. These fractional units may be purchased in 28 days ownership shares. This means that there will be 12 owners to each unit, for 28 days each.

The buyer can choose to use their condo or Parking slot, at 95% discount or Free (check 'FAQ' for details) for their personal use for upto 28 days per year, and/or put all the time or balance of the their time into the hotels rental program and earn in the rent it generates.

It does not matter if your particular unit is rented or not. As the revenue from all the similar units is pooled together and the revenue divided in equal proportion among the owners/fractional owners.

Each fractional owner will get his own contract  title deed. This means the buyer will be free to resell/assign their fractional ownership at any time without concern about the other owners. Multiple fractional purchases are allowed.

All the rules, price increases, time frames, low price guarantee, 38% guaranteed rental revenues on invested amount, owner Gold Card and ownership benefits, incentive programs,  viewing trip rebate,  bonuses, Free assignment,  restrictions, terms and conditions etc still apply, and are exactly the same as in full individual ownership. The only difference is that in the Fractional Ownership, it is now in the ratio of the fractional.  Financing from Banks may not be available for Fractional units.  Lucky car draw is not available for the fractional units. 

As you can see , the fractional ownership opportunity is much more affordable than whole ownership.  Essentially, Fractional ownership affords an opportunity to experience the luxury lifestyle at a fraction of the cost. Everything related to upkeep, maintenance, finance, management, book keeping etc is handled for the owner.  

For more clarifications or details on fractional, if not yet fully understood, then please contact [email protected] , before Investing.

This lists prices on  many different types of ownership, from Condos, to Parking slots, to Fractional units ownership.
Prices
Unit type  
No. of units  
sq.
ft.
Purchase Price in US $
Price increase
per year.
Parking Slot Fractional units 100 150    1,250 Similar pro-rata increases
Parking Slots 540 150   15,000 Similar pro-rata increases
Studio Fractional units 
100
402
  17,917
Similar pro-rata increases
Studio  units.
330
402
215,000
 12% projected 
1 Bedroom unit
12
558
290,000
Similar pro-rata increases
2 Bedrooms 2 bath
6
992
500,000
Similar pro-rata increases
Presidential Suites 
2
1340
665,000
Similar pro-rata increases
The developer  increases the prices regularly as his inventory gets sold. The above prices are 30% lower than comparable current local prices. This is a great buy.   Check this Week’s Special Offer below” with the 20% cash back offer. You are buying this property for FREE. This is no joke. There is no catch. We are serious. Check out the numbers and figures.  Just imagine, the buyer pays 20% on reservation, and then gets the same amount back, their 20% as Cash back. That means Zero money out of the Buyers pocket, and they becomes an owner of the Property for FREE, and earns a substantial rental income for life. Or could sell their property for big profits. This is a very attractive purchase.
Price increases as every year goes by. For smaller investments the buyer can reserve Fractional Parking Slots, and Studio Suites or bigger units for larger investments.  All are excellent investments  giving 38% guaranteed rental revenues on invested amount. Reservation deposit is $1,000 ($10 only this week). The developers is offering 98% financing with a 2% down deposit on it.

Do not miss this opportunity as it will be gone very soon! - and once it is gone, it is gone for good!
And each month is costing you more. Act now to guarantee you get in while it's available! 
Reservation deposit is $10 only this week.  All reservation are on a first come first reserve basis.    Remember, you can ignore the reservation and not buy or pay for the property. There is no commitment on your part,
after paying the $10 reservation deposit. And you  have a 1 year's  period for a full refund of your $10 deposit, if you decide not to continue with the purchase.

Rental Rates, Pune

Rental Rates & Anticipated Occupancy Rates: 

If you base the rental income projections on the Le Meridien, a 5 star hotel then we will see the following returns:- 

Average Hotel Room (Studio) rate of $290 per night.

$290* per night multiplied by 365 day and again by 90%, the occupancy rate in Pune in 2007, statistics by the Maharashtra tourism board, this will total an annual rental income of $95,265. The owners will receive 100% rental return from their apartment. Based on a pre-launch purchase price of $215,000 with a 20% reservation payment of $43,000. This is a 150% plus per year return on investment.

* These are not guarantees, but are based on actual hotel rates quoted in Delhi. It does not matter if your particular unit is rented or not. As the revenue from all the similar units is pooled together and the revenue divided in equal proportion among the owners.  On completion of the building, and on receipt of the final payment, and on closing of the sale documents, the OWNER gets the Possession of the unit. Rental income starts after the the possession of the unit by the Owner.

Do you have a management program in place for rentals? If so what are the Charges:    

There will be a Rental Management Program that the purchaser will have the option to participate in. 

38% Guaranteed Rental or 100% Rental Revenue: Most typical splits are 60-40. This developer is offering 100% Rental revenues in favor of the buyer. In addition for the first 3 years, the buyer will receive from the developer minimum  38% per year guaranteed rental revenues on the initial invested price for their unit, Or 100% of the rental revenue, whichever is higher.

After 3 year the revenue will be 100% in favor of the unit holder, with no guarantees. This guarantee will be reviewed annually there after to reflect changes in economy, wages and operating costs, and determined whether it should be kept or discontinued.  From these revenues the buyer as a owner is responsible for his/her property and has to meet all the expenses and third party expenses on it as detailed below.

The owner is and always will be responsible to all his/her property and related independent third party expenses for maintaining it: The expenses are as follows:

  • Franchise fees to the 5 star hotel chain for providing the brand name, quality control, advertising, and the world wide reservation system to keep the occupancy high. According to industry standards this works out to be 10-11% of the revenues.
  • Management fees, staff salaries, including front office, maids & maintenance staff, & other desk clerks, telephone and internet operators, security staff, security staff, service personnel etc. Legal counsel, and attorney firm fees, charter accountant and accountancy firm fees, auditor fees etc. According to industry standards this works out to be 8-10% of the revenues.
  • Daily consumables and pilferages provided in the rooms, like soap, shampoo, lotions, creams, toilet rolls, mineral water, ice, newspaper, towels, bed sheets etc, etc. According to industry standards this works out to be 2-3% of the revenues.
  • Daily and annual cleaning, service, repair, maintenance inside the building like boiler room, air-conditioning units, generators, lifts, laundry machines etc and outside the building like parking lot, swimming pools, tennis courts, jogging trails etc.. Daily and annual repair, maintenance and replacement of properties and interiors of the rooms, lobby, front office and corridors. The apartment carpets, draperies, sofa, bed, mattresses, furniture, tv, appliances, lamps, wall hangings, decorations etc need to be replaced every 2-3 years to maintain the units at 5 star luxury hotel standards. According to industry standards this works out to be 5-6% of the revenues. Minimum 4% is held on an annual basis in a reserve account for this purpose.  
  • Management fees to the developer for the Administration of the project, repair and maintenance of the structure and the buildings. The developer has the sole authority and discretion as to the Management, to select the rental agent, decide room rates, parking rates for the project and change it if required.  According to industry standards this works out to be 15-18% of the revenues.   The developer is giving a good deal to the buyers in charging property management fees of only 15%, although the work and expenses involved in condo hotel management are much more complex than the simple apartment rental management who also charge 15%.
  • The owner is responsible for obtaining insurance for their apartments and contents, against any loss, damage or theft. Plus miscellaneous unforeseen small costs and charges. According to industry standards this works out to be 2-3% of the revenues.
  • 6. All utilities, electricity, gas, heat, water, postage etc. According to industry standards this works out to be 3-4% of the revenues.
  • Property and hotel license and taxes. According to prevailing rates this works out to be 2-3% of the revenues.
  • Any other expenses.

Total expenses as above are expected to be 55%. For the first 3 years the developer has agreed to cap these expenses, and guarantees the above expenses to be maximum 55%. Net profits to the owner is estimated at 45% of the revenues from the units. This guarantee thereafter will be reviewed annually to reflect changes in economy, wages and operating costs.

The range of profits from all Businesses is usually 15 -25% of the sales. However this business being a real estate business. The net profits of 45% of the room sales revenues and parking revenues is a very high and an excellent return to the buyers. In addition the buyers can look forwards to property value appreciations of 30 - 50% every year. If the buyer reserves a unit today, then by the time of completion  the buyers can expect an appreciation of over 300% on their units. We expect the buyers to make a very good return. 

Comparison of these rental returns to renting out a condo apartment: 

For argument sake let us compare the two rental income results: Suppose the buyer had purchased a regular condo or house for $250,000, and rented it out for say $2,000 per month. The property management fees would be 15%. On top of that the daily and annual repairs and maintenance costs, plus the insurance and property taxes, utilities, miscellaneous etc works out another 20%. Total 35%. The net in the owners hand is estimated at $1,300 per month, x 12 = $15,600 annually. Compare this to the buyer's price of $215,000 on a studio unit in the condo hotel, the annual rental revenues from the above studio is estimated at $95,265. The owner's return of 45% on revenues of $95,265 comes to $42,869. Plus the owners unit is always maintained to the 5 star level. The buyer can compare and easily see which is a better investment.

Pune is a big commercial city. The population of Pune is more than that of Washington DC. There is an acute shortage of 5 star hotels in Pune. In the next 4 years as the demand increases, the room rates are likely to go higher and the occupancy percentage is also expected to increase. The real estate prices are also appreciating at the rate of 40% annually. Considering all this it is expected the revenues generated from the studios will be substantially higher than the annual rental income of $95,265, which is calculated as on today's prices.
 
WORST CASE SCENARIOS: 
Scenario 1: This is the expected scenario. Annual revenues from a studio unit are expected to be $95,265. The owner's share at 45% comes to= $42,869 per year. This is excellent profits and income.
For argument sake let us take a worst case scenario: This scenario is not likely to happen, however the figures show that even in the worst case, the buyer will still make good money. There is nothing to worry. 
Scenario 2: Let us assume the annual revenue is not $95,265 or higher, but less than even half of that say $47,500. The owner's share at 45% comes = $21,375. Not bad even this is good income.
If still at lower revenues, which is not likely, please note the buyers also have the developers guarantee of 38% rental on original invested amount that kicks in. As such the owner's net income is always guaranteed. Not bad, and if the revenues generated are higher, then of course the owners make more money.  
So as the above scenarios show the buyer has all his bases covered and is bound to make a profit on this project. First realistically it is not expected the revenues to be so low as shown in the above scenario. Secondly the owners can sell their units earlier and need not wait for the rental incomes to kick in. The owners can just take the benefit of the appreciation and prices increases and then sell their units. In fact the developer can help the owners sell their units, through their subsidized commission structure in their resale pool program. 

Rental returns proves that the owner units will appreciate in value significantly :  

In real estate a 10% net return is considered to be a very healthy, and properties with that kind of returns are closed immediately by the buyers. This is a question of economics and demand and supply. A I0% return is considered a good return. Applying this scenario to the owners in this property. The owners return of 45% on revenues of $95,265 comes to $42,869. Using the 10% formula, this equates to a property price of $428,690. Your pre buying price is $215,000, So the owners have an equity of $213,690 built in their buying price. There is a huge potential of value appreciation for the owners.
This is THE BEST Investment opportunity we have ever seen. It offers the following key advantages.  
1 No risk of losing a dime on your investment 
2 Flipping  Returns of up to 380%
3 It is totally seamless, you do not have to do anything.
4 Performance in both up and down markets
PREFERENTIAL DEAL: How would you like to own something with these fantastic benefits?
  • Unique pre-construction opportunity and Low pre launch prices at substantial discounts. Prices are going up by $1,000 per month. Big increases in property prices.
  • $ 250,000 plus equity in the owners pocket, on a studio unit by completion date.
  • Check this Week’s Special Offer. With the Developer 20% cash back. You are buying this property for FREE.
  • Additional 200% Free Cash back on Mortgage. See link: http://www.eastwestdevelopments.com/cashback.aspx
  • Join the developers resale pool to earn quick profits. Receive double the invested payment from the developer.
  • Free to assign or sell property anytime before closing.
  • 98% guaranteed financing from the developer.
  • 39% Guaranteed first 3 years rental on the buyers invested amount or high 100% of revenues, whichever is greater.
  • Over 2400% projected return over 5 years of completion.
  • Owners get the advantages of an International Franchise chain.
  • 5% rebate in purchase price for Free trip to the Property site. This is built into the 20% Cashback.
  • Ownership Gold Card. Benefits include 95% discount stay in the 5 star hotel plus 50% discount at all the hotel facilities, restaurants, bars, coffee shops, club, parking etc.
  • Low $10 deposit for reservations. Deposit fully refundable.
  • Account statements emailed to owners at regular intervals.
  • Progress reports emailed to owners at regular intervals.
  • See LEVERAGE above: Over 50% per year Profit from Price increase.
GOLD CARD
Within 30 days of closing the property, the owner will be issued a 'Owner Gold Card.' With the Gold Card the owner is recognized as an owner of the property in the hotel. Benefits include 95% discount stay in the 5 star hotel plus 50% discount at all the hotel facilities, including restaurants, bars, coffee shops, club, parking etc The card may be freely used to get a 50% discount at all the hotel facilities. If the owner sells the property, the Card will expire, and the owner has to return the card back.  
The best time to make money in preconstruction is as early as possible. Those who are the first to know of a potential project will be the first to gain and will usually be those who gain the most. 
With an offer like this how can anyone not be interested This is a win win proposal. On the entry level you can make $200,000 in equity by completion date.

To avoid missing out on this fantastic offer, you have to complete the reservation form. All reservation are on a first come first reserve. Don't wait too long as these will sell fast.
Location 
The proposed building is 12 stories high and have approx. 36 units on each floor.. It is a very good location, close to shopping malls and good restaurants. 
 
 
The Grand Hotel is in a close vicinity to renowned educational institutes, medical care centers, markets, clubs, banks etc, making the location Pune's most sought after place. 
 
The location is extremely strategic -
• The Pune Airport and Railway Station and the central business district are just 10 kms away.
• Three Five Star Hotels are within 5 kms radius.
• The posh residential areas of Koregaon Park, Boat Club & Kalyani Nagar are just 5 kms away and Viman Nagar 6 kms away.  
 
 
All maps, dimensions, drawings, architectural plans, building material and appearance, location, site area, lot size, dimensions, shape and plan, construction start date,  construction period, completion dates, site & floor plans etc are approximate and information is subject to change without  notice.  The Seller reserves the right to make revisions. Buyer when making a reservation, agrees to accept these revisions.
Floor Plans
STUDIO 402 sq. ft. 
 
1 Bedroom 1 bath 558 sq. ft 
 
2 Bedrooms 2 baths 992 sq. ft. 
 
Presidential Suites, 3 Bedrooms 1340 sq. ft. 
 
FREE Viewing Trip

           On Delhi Condohotel, Pune Condohotel & Hospital Condo only.

All persons are welcome to come out and view the property. Just remember that developments tend to sell out couple of months before the start of construction, so it may be that the intending buyer may only see the area where it is going to be, rather than the building itself. However all are very welcome. There is no substitute for personally viewing the properties and the area.

FREE TRIP REBATE

INVITATION TO ATTEND THE PROPERTY  VIEWING IN INDIA 

Every Friday at 4 p.m. (For Overseas Clients only)

Location:

At the Customer Support Center,  India 

Call for directions and to make a reservation.

You are cordially invited to attend the Free Property Presentation Evening with the Developer.  Guests who purchase at that time, will get viewing trip rebates (lowering in the Purchase price of the purchased property). The cash values of the FREE Trip rebates is $5%.   On purchase of $200,000 property, trip rebate comes to $10,000.

 Buyer can make multiple purchases in one trip, and get multiple trip rebates. 

 All Buyers who cannot make the trip, but purchase online also get their viewing trip rebates. They get it immediately on making a purchase.  

 

This Week's Special Offer.   

This offer is available for a limited period only. The offer may be closed at any time without notice at the developers discretion. As long as this link is here, this  offer will be honored.  These benefits give the Buyer extra leverage. The 8 main extra benefits this week are:  Subject to the below "Conditions to claim this weeks Special  Discount Offer:"     For clarifications Email: [email protected]

1.    20% Cash back to all who reserve this week.  All Buyers under this weeks special offer, on completion of the building at the Grand opening function will get  20% (All clubbed together) Cash back or in lieu 20% reduction in purchase price. Just imagine, the buyer pays 20% on reservation, and then gets back the same amount back, his 20%. That means Zero money out of the Buyers pocket, and he becomes an owner of the Property with more than 20% equity in it, and earns a substantial rental income for life for Free. Can anything be better than this. This is a WIN WIN situation

2.   Free trip rebate is increased to 10% (All clubbed together in the 20% cashback), instead of the regular 5%, under this weeks special offer.

3.    $10 Reservation this week.  You need not send the $1,000 Reservation Deposit. The Developer is having a promotion this week, and you can make a reservation for $10 only, instead of $1,000.  And you can start making big money with $10 only from today itself.   Make your reservation now. Don't delay. Link:  http://www.eastwestdevelopments.com/reserve.aspx.

4.    Free Car:  For the Condo or Parking slot Buyers under this weeks special offer.  On completion of the building a lucky draw will be held at the Grand opening function. One owner from among these buyers under this weeks special offer can be the lucky winner of a Grand Prize: One Mercedez Car S500 or $100,000 in cash in lieu  of the car. Fractional unit buyers are not eligible for this Free Car draw.

5.   100% PROFIT TO YOU. GUARANTEED  RESALE & BUY BACK IN THE RESALE POOL.     Successful projects and good pre-construction deals easily sell out long before the completion date. We hope to do this.  When the Developer sell out on all his units, or on the completion date, which ever is earlier, then the Developer can guarantee sales in the Resale Pool within 3 months, or will buy back and pay the Seller double his invested payment amountThat is a 100% profit on your initial payment amount. Or can choose to sell on the open market whichever is greater.

6.   The Developer guarantees to pay damages to the Buyer in case of delays in completion of the development. All this will be written in the Buyers Agreement.

For Lucky Draw Car Gift.

The developers will try to negotiate with the Mercedez Benz to buy the cars at the wholesale price. If unsuccessful, then the developer has the rights to substitute the car to a value of $100,000, and the lucky owner  will get  $100,000 cash.

Conditions to claim this weeks Celebration Offer:
  1. The owner must reserve under this Week’s Celebration Offer.
  2. Recipient must be a owner of the unit. 9 months prior to completion the buyers will be sent closing info. The buyers will be required to close on the property at this time and become owners.
  3. This offer ends and is not valid if the buyers sells the property. Also the new buyer is not eligible for these offers. These offers are non-transferable.
  4. Place for delivery of the car or benefits for the  Condo Hotel is Pune, India only.
  5. Owners need not be present during the Lucky draw function. First prize Winner will be informed by email.

Note for buyers under the 98% Financing. All the monthly installments must be received on or before the last day of each month to be eligible for these offers. Any default or delay in installment payments will exclude the owner/buyer from receiving these benefits or prizes.

To avoid missing out on this fantastic offer, you have to make a reservation. All reservation are on a first come first reserve. Don't wait too long as these will sell fast.  

This week you and all the Buyers can own this Property for FREE  & enjoy the high Rental Income for FREE.

Can anything be better than this. This is a WIN WIN situation.  Please read  above, this Week's Special Offer. .

This week you can own this Property for FREE. You, the Buyer pays 20% down payment on reservation. The buyer pays no interest or installment payments. During the opening ceremony of the Property the Buyer gets back the same amount (his 20%) as cash back. That means Zero money out of the Buyers pocket,

On completion of the unit, the Buyer can sell the property at huge profits, or for the balance 80%  the Buyer can get a mortgage from the developer or from the local banks. The  developer at that time can advise the buyer on the various loans offered. The rental income from the Property is likely to pay for the mortgage and put a decent amount in the Buyer's pocket as rental income.  Get the Properties for FREE & enjoys the high Rental Incomes for FREE, OR sell the properties at huge profits.

For FREE the Buyer becomes an owner of the Property with more than 20% equity in it, and earns a substantial rental income during his lifetime, without using any of his money. With the Property price increases, the equity is expected to be very much higher than 20%.  38% per year Guaranteed gross rental will be paid on the initial reservation payment, taken as the invested amount.  This option offers the buyers peace of mind and expected returns of over 2500% over 5 years. Please see below down the page: Projected Growth & Gross Profit Forecast.

Additional 2nd line of safety: The Buyer can easily & quickly double his invested reservation amount.    100% PROFIT TO YOU. GUARANTEED  RESALE & BUY BACK IN THE RESALE POOL.    When the Developer sell out on all his units, or on the completion date, which ever is earlier, then the Developer can guarantee sales in the Resale Pool within 3 months, or will buy back and pay the Seller double his invested payment amountThat is a 100% profit on your initial payment amount..

Can anything be better than this. This is a WIN WIN situation. Please read above this Week's Big Offer for all the benefits.

RESERVATION PROCEDURE : 

  • Timeline of Payments involved:
  • 1.  $1,000 ($10 this week) initial reservation deposit.
  • 2.  Initial purchase payment within 30 days of the reservation.(1 week under the Special Offer.)
  • 3.  Full balance payment on completion of the building and handover of the unit to the buyer.

$10 Fully Refundable deposit  is required to reserve a space.. By reserving now you lock in today’s low price before the increases.  All reservation are on a first come first reserve basis.  Don't wait too long as these will sell fast.   You have all to gain and nothing to lose, by reserving now. 

3 Ways to Register:    To reserve online please click here.
1.  Very fast:  Reservation done in 1 day. Submit Reservation Form online. The whole process takes less than 5 minutes. Fill in this form online, click the Submit Registration button at the bottom and pay S1,000 online by credit card. YOU may have to follow a simple registration process with the credit card company. You will then be prompted to pay online on a secure page.

2.  Fast.
 Reservation is done in 3 -4 days. By FAX. Print and fill the reservation form and then fax it.

3.  Slow.
 Reservation is done in 8-12 days, By Mail. Print and fill the reservation form and then mail in with your check. Be sure to send a cashiers check. Personal checks can take 12-15 days to clear.

$10 only RESERVATIONS TODAY:

You need not send the $1,000 Reservation Deposit. The Developer is having a promotion this week, and you can make a reservation for $10 only. And you can start making big money with $10 only from today itself. Link:  http://www.eastwestdevelopments.com/reserve.aspx

This promotion can be withdrawn anytime. As long as this link is here, this $10 offer will be honored

This week Reservation deposit is $10 only. Remember, once the reservation occurs, you can ignore the reservation and not buy or  pay for the property. There is no commitment on your part, after paying the $10 reservation deposit. And you  have a 1 year's  period for a full refund of your $10 deposit, if you decide not to continue with the purchase. If you decide to make your property purchase, then your initial payment will be required less the $10 reservation deposit already held in escrow.

3 Payment Plan Options are available to you: (after the $10 reservation is secured).   First:  2% monthly Interest-free installments, no deposit & up to 25% off.   Or  Second:  20% down and nothing more to pay . Or Third:  you can pay in advance for the full purchase price and get a substantial discount.  The Buyer has to select only one Option.

As an example in the numbers below the price of a studio is calculated as $215,000. This is the full sale price of the unit.  However as price is increasing every year, depending on today’s price this could vary.

1.

2% ($4,300) within 1 week of Reservation. 98% is loaned by the developer.  The monthly installment payments continue continuously for 12 months. The Buyer can stop making the monthly installments after the 12 monthly installments (24%) have been paid, and pay the  balance 56% (76% less 20% towards the Cash back = 56%) on completion of the building. For this balance of 56% the developer can advice the Buyer on the various loans offered by the local banks, or can take the loan from the developer at that time. The Buyer can however continue to make the monthly installments on-time, and make his full payments, if he wishes to benefit from  the additional 5% cash back. In this case the Buyer has to make a total of 37.5 monthly installments (75%) only.   In this Full pay Option, by buying the property at 75%, the Buyers full purchase price is reduced to  $161,250 only instead of the $215,000.   This option is good for buyers who want the maximum leverage by making the least amount as down payment. Buyers when selecting  this 2% Payment Plan agrees to accept the details and terms of the monthly payment plan. Link: http://www.eastwestdevelopments.com/financing.aspx   if paying only 12 installments, then 38% per year Guaranteed gross rental will be paid on $43,000. If paying the full 37.5 monthly installments, then 39% per year Guaranteed gross rental will be paid on $96,750.  This amount is taken as the average invested amount from the first installment payment date.

 

 

2.

20% ($43,000) within 1 week of Reservation. With the 20% Cash back on opening ceremony, the Buyers down is reduced to Zero. The buyer pays no interest or installment payments. On completion of the unit for the balance 60% (80% less 20% = 60%) the developer can advise the buyer on the various loans offered by the local banks, or can take the loan from the developer at that time. In this payment plan with the 20% Cash back, the buyer is actually buying the property at 80% of the purchase price. At the 80%, the Buyers full purchase price is reduced to $172,000 only instead of the $215,000.This option offers the buyers peace of mind and expected returns of over 2400% over 5 years. Just imagine, the buyer pays 20% on reservation, then gets back the same amount (his 20%). back, That means Zero money out of the Buyers pocket, and he becomes an owner of the Property with more than 20% equity in it, and earns a substantial rental income during his lifetime  for Free. Can anything be better than this. This is a WIN WIN situation.  38% per year Guaranteed gross rental will be paid on this $43,000 payment, taken as the invested amount.

 

 

3.

100% ($150,500) within 1 week of Reservation. Full payment. The buyer gets the Special discount of 30%. All the discount including the 20% Cash back and the additional 10% are all clubbed together to form the 30% discount, In this payment plan with the 20% Cash back, the buyer is actually buying the property at 70% of the purchase price. At the 70%, the Buyers full purchase price is reduced to $150,500 only instead of the $215,000. If the buyer has money sitting in the bank earning less than 15%, then this is an excellent option to buy the units at a 30% discount and your returns will be proportionally much higher.  38% per year Guaranteed gross rental will be paid on this $150,500 payment, taken as the invested amount.

 If you decide to make your property purchase, then your initial payment will be required less the $1,000 reservation deposit already held in escrow. After the Purchase the Reservation holder has  progressed into a Buyer, The Reservation Refund becomes obsolete and  is no longer valid.  After purchase. You can still cancel your purchase within 15 days of your payment and get a Full refund of the purchase payment.  Refund on cancellation after 15 days is subject to cancellation fees.. The link to the  cancellation form is: http://www.eastwestdevelopments.com/Cancellationform.aspx   The buyers can decide as to which payment option suits him/her the best.  All payments are to be made in the name of the developer, East West Developments. The Buyer can upgrade to a higher Payment Plan within 90 days of his first payment.  After 90 days, Midway switch or change to another Payment Plan Option is not allowed.

The buyer may send the payment by check, cashiers check, (out of country checks are not accepted). By online Bill pay,  money order, Western Union, Bank transfers, Wiring funds, credit card etc. Any means, which is convenient  and more economical.  The Developer can recommend the most reliable and economical way of sending the payments, and when you follow the Developer's instructions, then the Developer will bear all the Bank and credit card transaction charges towards sending the funds.  The buyer has to bear all exchange rate differences as applicable.   If using Paypal go to www.paypal.com and send payment to the developers email account.

To reserve a unit: Please click here to reserve a unit online. or go to the "Reserve a unit" tab. The  Buyer is required to make a fully refundable reservation deposit of $1,000 per unit by credit card.

On receiving your refundable reservation deposit of $1,000, you will receive a Letter of Reservation Confirmation. After that, you decide if you could like to make the purchase or not. If No, then you have upto 1 year to get your $1,000 refund back. To get your refund you need to send the REFUND FORM Link: http://www.eastwestdevelopments.com/Refundform.aspx   If you decide to purchase the property, then you will need to send your initial purchase payment. On making the payment, You will receive within 7 days of initial payment an ALLOTMENT LETTER, and within 1 month, a Contract Agreement for your signatures and return to us, with a copy for you.  After that on completion of the building, and on receipt of the final payment, and on closing of the sale documents, the OWNER gets the Possession of the unit, and gets the ownership TITLE DEED papers within 3-4 months. (The registration process takes from 3-4 months.)   Rental income starts after the the possession of the unit by the Owner.

Foreign Nationals:                                                                                                                                                              Foreign Nationals ( Not of Indian Origins) on completion of the building will be issued Ownership Title units of the CondoHotel Management company instead of the Ownership Title deeds. This CondoHotel Management company will have under its wings  the same number of units in ownership as the same number of Foreign buyers. Example if 100 Foreign Buyers have reserved a condo unit, then this CondoHotel Management company will have under its ownership 100 condo units. All the benefits, rental returns etc will be exactly the same as the regular Buyers and regular property owners. This facility is given to the Foreign buyers to help simplify their investing with the East West Developments. This facility helps the Foreign Buyers to enjoy all the benefits from the property, and  makes it easy for them to sell out when they wish to do so. No Capital Gains Tax to pay, when Foreign Nationals sell to another Foreign National.

We truly hope you see the potential here, and realize what an incredible bargain the developer is offering you! If you have any questions, please contact the sales office. E-mail: [email protected]

SUMMARY List of all the benefits.

  •  This week there are a number of benefits that are offered to the buyer.
  • 1.   Buyers who make a purchase this week gets 20% Cash back. Just imagine, the buyer pays 20% on reservation, and then gets the same amount back, their 20% as Cash back. That means Zero money out of the Buyers pocket, and they becomes an owner of the Property for FREE.
  • 2.   Additional 200% Free Cash back on Mortgage. See link: http://www.eastwestdevelopments.com/cashback.aspx
  • 3.   Low $10 deposit for reservations. Deposit fully refundable.
  • 4.   A lucky draw for a  Free car from among the buyers under this week's Special offer 
  • 5.   Low Price Guarantee:  Buyers get the lowest price as of today. If the developer ever lists a lower price than your buying price, then the buyer automatically qualifies for the new lower price.
  • 6.   The above purchase prices are 30% lower than comparable current local prices. This is a great buy.
  • 7.   Price increases every year,   Developer raises this price as his inventory gets sold.
  • 8.   Leverage is the big advantage in Real Estate. With 20% down. Your leverage is 5 times. That is over 50% per year Profit from Price increase.
  • 9.   The buyer can resell the property, taking benefit of the price increases. The Buyer can Join and take advantage of the developers RESALE POOL to earn quick profits.
  • 10.  GUARANTEED 100% PROFIT TO YOU, UNDER THE  BUY BACK IN THE RESALE POOL.
  • 11. Over 2400% projected return over 5 years of completion
  • 12.  38% Guaranteed first 3 years rental on the buyers invested amount or high 100% of revenues, whichever is greater.
  • 13. The Developer guarantees to pay damages to the Buyer in case of delays in completion of the development.
  • 14. Ownership Gold Card. Benefits include 95% discount stay in the 5 star hotel plus 50% discount at all the hotel facilities, restaurants, bars, coffee shops, club, parking etc.

All the above benefits are written in your Buyer's contract. On receiving your $10 Reservation Refundable Deposit,  a sales representative will be in contact with you to inform you of the status of your reservation, along with your lowest low price guarantee, showing all the rebates and discounts, for your review.

As you know, successful pre construction investing has a lot to do with getting into a project early enough to take advantage of the developers price increases as the project is sold. They only go up in price! So the sooner you purchase, the less money you'll pay!

The prices INCREASE over time! The longer you wait the higher the price !
The 20% Down-payment INCREASE over time! The longer you wait the higher the Down-payment !
 The 20% Cashback DECREASE over time! The longer you wait the lower your Cashback !
 The 39% Guaranteed Rental DECREASE over time! The longer you wait the lower the guarantee !
            
 Projected Time and Price Increase/discount schedule of the Developer
Time to completion of the building  Developer Financing that may be available Guaranteed Rental Revenue on initial investment Purchase Payment down to be paid by the buyer Discounted Buying Price of the unit to the buyer Cash back that may be offered Remarks and Viewing Trip rebates
5 years before completion  98% 39%  20% of the price  50% of the full completion price.   20%  Excellent discounts. Viewing trip rebate 5%
4 years before completion  90% 30% 30% of the price 40% of the full completion price.  15%  Deep discounts. Viewing trip rebate 4% 
3 years before completion  80% 25% 40% of the price 30% of the full completion price. 10% Good discounts. Viewing trip rebate 3%  
2 years before completion  70% 20% 50% of the price 20% of the full completion price. 5%  Average discount. Viewing trip rebate 2%  
1 year before completion 60% 15% 60% of the price 10% of the full completion price. 2% Slight discount. Viewing trip rebate 1%
On completion  0 zero 100% of the price 0% of the full completion price. zero No discount. Viewing trip rebate 0
The developer offers the maximum discounts at the earliest stages of the development. And as the time goes by and the developer keeps selling his inventory, he keeps reducing the discounts offered, and keeps raising the unit's price. The best time to make money in pre-construction is as early as possible. Those who are the first to know of a potential project will be the first to gain and will usually be those who gain the most. Reserve today and lock in your low price and discounts.

P.S. - Do not miss this opportunity as it will be gone very soon!- and once it is gone, it is gone for good!
Act now to guarantee you get in while it's available!

Our goal is to make it extremely easy to participate in our projects. We will listen to the investors goals and help them experience the magic of great returns.  

Investor Services

Real estate has always been one of the key drivers to accelerate growth in any economy. Indian Real Estate is at the beginning of a dramatic growth phase. With the strong economy growth, Indian real estate is promising the best returns and an investment opportunity window to those who step forward.

East West Development Co. has become a leading India real estate service provider to the global market. We exclusively represent the top developers of India to provide a wide choice to a global buyer. Our relationship with leading financial institutions like ICICI Bank & HDFC Bank brings unique in depth market knowledge and access to financing and numerous real estate investment opportunities in India.

The condo hotel studio units, in size 402 sq. ft.

Project Description: The Grand 5 Star Hotel and Convention Center, located in the heart of Pune, will be a five-star property. It will offer families, business travelers, conventioneers, and tourists the opportunity to stay and enjoy in the Silicon Valley of India, Pune..

Intended star rating: 5 stars

Lot Size: 5 acres

Price Increase every day: A limited number of units will be made available in new releases every month. Substantial price increases before completion.

  Building Features:

• Freehold residential hotel apartments in Pune.
• Luxurious finishing for the main entrance and for the main corridors.
• High quality durable finishing.
• Large lobby and corridors to give feeling of comfort and openness.
• High speed elevators.
• Central satellite system and intercom system.
• Central Air conditioning.
• Card Entry System.
• CCTV and 24 hours Security System.
• Fire Fighting and Fire Alarm System.
• gym, sauna, Jacuzzi, baby play area, party and meeting hall.
• Discotheque
• 5 restaurants and bars & coffee shops.
• Full-service spa and fitness center
• meeting and convention space
• Banquet Halls.
• shopping promenade
• Internet & Media lounge.  
    • Three swimming pools
• Party rooms
• Boutique spa
• Play center
• Tennis courts
• 12,000 sq. ft. convention & meeting space
• Business center
• High-speed Internet access & WiFi
• sport & activity center
• Outdoor tented reception area
• Wedding gazebo
• Terrace Steak House
• Pool bar & grill
• Lounge with nightly live music  
Building Features & Services: As a five-star condo hotel resort, The Grand Jaisalmer will have a variety of restaurants with extremely high standards, a lounge, a coffee shop, boutiques, fitness center, spa, swimming pool, tennis, business center and ample meeting space with state-of-the-art audio and visual equipment . The property will offer valet, security and concierge services.  Each unit owner will be entitled to full hotel privileges, including daily housekeeping service, valet parking, gym access and concierge services

Construction Begins: December 2014. Buyers will be kept informed on the Construction progress. Construction updates will also be posted on the website.
Completion Date: December 2016.  This represents the date upon which it is presently expected that the Developer's Works will be substantially complete and the Unit will be ready for hand-over to the Buyer.

List of Completed and Running Condo Hotels.   5 Star Condo hotels is good business.

List of Under construction Condo Hotels and developments.

Compensation paid to Buyers:  The Developer guarantees that the Condo Hotel will be completed on or before the completion date, except in the event of force majeure,  conditions that are beyond the control of the developer.  In case of the Developers delays in completion of the building as guaranteed, the Developer will pay a penalty to the Buyer.

Penalty #1:  33% Price reduction. The penalty to the Developer will be in the reduction of price by 33 percent on the purchased property price of the Buyer. The buyers property purchased price will be reduced by 33%.

Penalty #2: Interest payments made to the Buyer. In the event, the building construction is complete, and the buyer has completed the closing paperwork and has become the Owner of the unit, but the Developer is unable to deliver vacant possession to the Buyer on completion date,  then the Buyer will be entitled to 1.2% (one point two percent) of the payments received from the Buyer per month of delinquency of possession. The Buyer will only be eligible for this payment provided full payment of the purchase price has been received by the Developer for the Unit, and the closing sale documents and all other ownership obligations of the Buyer have been met,  and the property ownership is registered and deeded in the Buyers name.

Insurance during Construction:   The Seller will at all times throughout the course of the construction period, keep the Units insured to its reinstatement cost for the time being with a reputable Insurer. In case of destruction, all the  damaged or destroyed parts will be reinstated by the Developer who will apply the proceeds of the policy of insurance towards the reinstatement. If the proceeds of the insurance are insufficient to cover the cost of reinstatement, the Developer will make good any deficiency.

No price escalation during construction:  Any escalations in the price on the cost of construction or for any other reason will be borne by East West Development. 

Rental Split: For the first 3 years the developer is giving a 38% per year GUARANTEED Rental revenue on the buyers invested amount or 100% of the rental revenue, whichever is higher. There after, the revenue will be 100% in favor of the unit owner, with no guarantees. 

Occupancy Rates: The occupancy rate was 90% in Pune in 2007, statistics by the Maharashtra tourism board.

Contract Assignability: Yes, contracts can be assigned. This is highly unusual in both the U.S. and around the world, and it certainly is a benefit to the buyer.

Franchise/Management Company: A worldwide international hotel chain, not yet determined.  Franchise will be a big chain like Ritz Carlton, Fairmont, Hyatt, Marriott, Hilton, Sheraton, Intercontinental or Meridien etc.

 
India: For info and key facts on India. Link:  http://www.eastwestdevelopments.com/indiakeyfacts.aspx

Introducing Pune. Pune has been a big city for over a thousand years. As a result, the city has a cosmopolitan air and international outlook, which attracts a large ex-pat community. With an economy which has grown by an average of 11% over the last decade (13.6% in 2005)it is easy to see why Pune has become a magnet for foreign investment. Pune is Home to 4 million people -larger than Washington -and has a reputation for being the economic powerhouse of India. Pune is particularly known as a national center for finance and hi-tech business. The latest five year plan for the city states goals including 'sharpening the city's comprehensive competitive edge' and improving on its status as an 'international metropolis. Between now and 2014 Pune will host a series of events guaranteed to raise the international profile of the city. 

 
Why Invest in Pune? The Economy
1. Pune stands at the epicenter of India's extraordinary economic development. India has experienced double figure growth over the last decade: the Indian economy has quadrupled since 1978 and is set to become the world's largest economy by 2020. Pune has consistently outperformed this growth rate.

2. As India's commercial hub, Pune exerts a magnetic attraction on foreign investment. International firms have attracted a pool of skilled ex-patriot workers, creating a demand for high quality property and serviced apartments. At the same time, the economic success has poured money into Pune and the local market for property has changed to reflect this greater wealth.

3. In the past few years, the Pune administration has invested huge amounts in the improvement of road and transportation systems, which will influence the development of the price and functional configuration of real estate in the future.

4. Pune will host many international expos a and events.. Such events continue to raise the city's profile and draw further investment. All of which further contributes to future growth and demand for property. 5.As India becomes an even greater international powerhouse, Pune will continue to grow in importance as a global financial center. This means that the local economy and real estate market have many years of growth driven by strong economic fundamentals ahead.  
 
Why Invest in Pune? The Currency
Since 1998, and the Asian Financial crisis, the INR has been pegged to the dollar, trading in a narrow band  to the dollar. The falling dollar has left the INR seriously undervalued -which has kept Indian exports and services artificially cheap: the INR is now undervalued by between 15 and 30 per cent.

This under valuation is perceived by the US and EU governments to be giving India an unfair trading advantage. Pressure from India's international trading partners means that a revaluation, in some guise, is inevitable

Afraid of inflation, India also acknowledges a strong internal impetus to revalue the INR. According to economic forecasts by leading investment banks, there is an 85% chance that the INR will increase in value to a significant degree by the end of the year.

For foreign investors, the undervalued INR creates a window of opportunity. On revaluation, the value of property will increase overnight, without any decrease in demand (demand is primarily driven locally rather than by international speculators). The undervalued INR therefore gives international investors a unique opportunity to enter this market at artificially low rates.  
 
Why Invest in Pune? The Real Estate Market
Pune's explosive growth has guaranteed the city status as one of India's most attractive property markets. Between 2004 and 2006 apartments in some districts of Pune increased in value by 100 percent: The Pune Municipality Statistics Bureau calculates that across the city, the price of real estate increased by 30 percent in 2005, and has jumped again by 34 percent in 2006. Despite such price rises, Pune real estate remains extremely cheap by international standards and the strong economic fundamentals are set to push prices ever higher for some years to come.

The residential area per person in urban areas of Pune is 135 square meters compared with the residential area per person of 35 square meters in developed nations so the potential demand for property is significant. In addition, hotel space in Pune is at a premium, with close to zero room availability at some times during the year.

In international terms the Pune market is new and foreign ownerships rates are still under 5%. Increasing international demand will provide further stimulus to the market. International demand has been prompted since the Indian government strengthened laws protecting private property in 2004. Additionally, the local government has tightened up the procedure of granting approval to property developers. These measures are designed to make the real estate market safer for property investors.

Importantly the Indian government has also made sensible moves to prevent overheating of the market and facilitate stable long term growth.  
 
Why Invest in Pune?

The Future Pune's status as the center for economic growth in India is absolutely established and the city confidently looks forward to status as an international metropolis. Growth in India has created room for a financial center to rival Mumbai; Pune is perfectly placed to grow into this role. By joining the WTO, India has signaled a willingness to engage with the international community. WTO membership is just one point of progress that provides greater guarantees for international investors. The Indian Government recognizes that foreign investment is the best way to bring wealth and economic growth to India, and has worked to develop investment conditions that welcome investors and ease the repatriation of wealth. Pune has always been open to international trade, but the level of internationalization in the city is progressing very fast. The city already has a large number of foreign schools, institutes, societies , organizations, medical centers and

many international foreign companies. Demand for rental property is ensured by strong local demand combined with massive demand for hotels and serviced apartments due to the constant rounds of international trade fairs and expos held in Pune. Between June and December 2005, 2 international trade fairs were held in Pune each month. The number and frequency of such events are set to increase. The economic strength of Pune, coupled with the deliberate development of the city as the economic center of India, ensures that the city's potential is founded on strong fundamentals. India is on-course to become the largest economy in the world: Pune is placed at the center of this growth; Pune has a sparkling future which will be reflected in the property market.

Pune

Pune was the headquarters of Shivaji and had a strong association with the Peshwas. Its cultural heritage dates back to nearly a thousand years, with the indomitable Shaniwar Wada standing guard to its secrets, its victories, and its romantic past. The city has provided many national leaders, revolutionaries, researchers, scientists, educationists, artistes and sportsmen.

Now :The Oxford of the east, Pune is a quaint blend of the ancient and the modern. Today, it is a home not just to pensioners, but also to students, entrepreneurs, professionals, and service personnel alike. It has attracted multi nationals and industrialists, software professionals and hardware engineers. The most remarkable change in Pune over the last five years is the explosive growth of the Information Technology and IT enabled services sector, notably call centers. Along with the resurgence of the engineering industry (mainly automobile), Pune has become a center contributing substantially to the economy of Maharashtra, next only to Mumbai.

Housing : Pune’s sylvan surroundings have attracted homebuyers and investors too. The salubrious climate was always the attraction. The growth of the IT and ITES sector has spurred a tremendous upsurge in property demand – both commercial as well as residential; ownership as well as lease. Today, the information technology sector is the prime mover for growth of real estate in Pune.

  • In the commercial /industrial sector the demand is high in the vicinity of Infotech Parks. Besides Government sponsored parks, a number of privately promoted parks have also come up. Economically, there is a lot of disposable income amongst Pune’s employed and this has triggered many multiplexes, malls and premium branded retail outlets also to establish themselves. Plots are being booked fast and state-of-the-art built up complexes are being occupied rapidly.
  • The residential sector has seen a demand in Aundh, Baner, Balewadi, Undri and Kalyaninagar, Kharadi areas and beyond, where most projects boast of facilities such as Club houses, swimming pools, gyms, cafeterias, etc.
  • Bungalow plots as well as luxuriously built row houses and farm houses, are available in the suburban areas which are now in demand because of their unpolluted surroundings. However the suburbs are extended to practically the outskirts of Pune. Availability of bungalow plots are now in the extreme suburbs. Those within the suburbs are quite expensive.

 City Facts:

Area

138 sq. kms.

Population

4 million

Languages

Marathi (predominant), Hindi, English

STD Code

020

Altitude

559 meters above Sea Level.

Location

18 degrees 32 minutes North 73 degree 51 minutes East.

Temperature

Temperatures range from 15
degrees C to 35 degrees C

Average Rainfall

68 cm (Annual Average)

Clothing

Light cotton wear for the summer months (March to October) and a light woolen jacket or pullover for winter mornings and evenings. Light winter rains can be expected, hence a light jacket is the best.

AUDITED ACCOUNTING: 

All income/expenditure will be annually audited by independent 3rd Party outside certified auditors & accountants, and the annual payments made at that time and the returns distributed to the owners.

No Management: The owner may decide not to take part in the rental management program. This option the owner can take. Basically this leaves the unit occupied by the owner. The owner can let it to friends or other guests, Long term yearly rentals are OK. However he is barred from letting it out on commercial short term daily or weekly basis and competing with the hotel itself. If the owner elects this option, the owner has to pay home owners association fees of $200 per month for the Studio. (Prorated for other type of units). The owners may still take advantage of the cleaning services as a regular hotel suite and other hotel services for a service fee of $300 per month. This ensures the upkeep of your apartment to the same standards as that of the regular hotel suites. Regardless of which program is chosen, owners will have the opportunity to change their plan every 6 months.

The Process: The actual reservation of units will be on a first come-first serve basis generally based on the timing of $10 deposit received. In other words, an effort will be made to accommodate first those who commit first.  

Projected Growth & Gross Profit Forecast over 5 Years On Grand Hotel Pune

Example using prices of a studio apartment
Price $220,000 list price at pre launch.
20% payment paid on reservation $44,000.

Installments also available at 98% developers loan.  2% Monthly installments payments.

 Developers price on completion at 0 appreciation is projected to be $440,000 or higher.

TIME

Projected Property Value (Assuming compounded capital growth below)

Growth

0%

10%

20%

30%

40%

1 Year

$440,000

$484,000

$528,000

$572,000

$616,000

2 Years

$440,000

$532,400

$633,600

$743,600

$862,400

3 Years

$440,000

$585,640

$760,320

$966,680

$1207,360

4 Years

$440,000

$644,204

$912,384

$1256,684

$1690,304

5 Years

$440,000

$708,624

$1094,861

$1633,689

$2366,425

TIME

Projected net Profit (Rental Income)

Profit

0%

10%

20%

30%

40%

1 Year

$42,869

$47,156

$51,443

$55,730

$60,016

2 Years

$42,869

$51,871

$61,731

$72,448

$84,023

3 Years

$42,869

$57,058

$74,077

$94,183

$117,632

4 Years

$42,869

$62,764

$88,892

$122,438

$164,684

5 Years

$42,869

$69,041

$106,671  

$159,169

$230,558

Total profit in
5 yrs
$214,345 $287,890 $382,814 $503,968 $656,913 
Taking a 5 year investment at a very conservative 20%, capital growth has grown to $1094,861 and Net income to $382,814
Total Income $1094,861 + $382,814=$1477,675

Total Profit $1477,675 - $215,000 = $1262,675

Initial Reservation Investment at first phase price $44,000.  Profit = $1262,675

Tax is payable on any profit made under government laws.  Investment return is in excess of 2,500%
The calculations above are based on the purchase of a studio at pre-release prices, the property price used in the projected growth chart provided by the developer and is calculated at completion prices, showing you what you can achieve if you buy on the first phase of a development.  
If you keep the property 5 years after completion you could easily be seeing your investment grow by more than 2,500%. Yes that’s right 2,500% Invest $44,000 in a building society over 5 years with compound interest at 5% gross and you will see an estimated total gross return of $40,000 only.  
 

When Buyer wants to Sell out:

Reservations are FULLY ASSIGNABLE. Buyer can sell their units at any time. This gives the buyers a major advantage. For full Resale pool details. Link:  http://www.eastwestdevelopments.com/resalepool.aspx

   GUARANTEED  RESALE & BUY BACK IN THE RESALE POOL.                             Successful projects and good pre-construction deals easily sell out long before the completion date. We hope to do this.  When the Developer sell out on all his units, then the Developer can guarantee sales in the Resale Pool within 3 months, or will buy back and pay the Investor double his invested amount.   That is a 100% profit to the Buyers on their initial payment amount.

 

  Comparison

We (EWD) are  promoting the Condo Hotels and Hospital Condos because it is an amazing investment opportunity.

Background:  We are Real Estate investor also. We have purchased and sold many properties in USA, Europe and around the world. And by the grace of God have always managed to make a profit on our deals. We search and spend much of our time sourcing for good International Investment Properties. Earlier we restricted ourselves to the Western World, but the Europe & USA market got soft and is likely to remain soft for a couple of years, so we forged into International properties because that is where the growth is. We source the Internet, work with Realtors, take part in property shows, investment groups, keep our eyes open for ads and read the overseas property journals. We do what can be done looking for new properties, and can now safely say that  almost all the available projects from around the world are in our knowledge; and then we analyze them and compare them to each other. Our criteria is that it should be a totally safe investment, meeting our main objective of making money; the numbers should match up and  make sense and the project workable. The project could be any where in the world. It does not matter to us as long it meets our guidelines and criteria to make good safe money.

We look at investment deals in The Caribbean's, Bahamas, Latin America, Europe, Spain, Cyprus, Turkey, Bulgaria, China, Malaysia, Thailand, Dubai, India etc.

With our background, research and experience and with the help of the data we have collected over these years; let us share that with you. Let us compare the new Hotel Condos as it compares and stands next to other available properties from around the world. For this comparison let us assume that the all the developers are good stable developers  who have the capacity to complete the project. 

1.      FREE 20% Cash back:  Developers around the world rarely give this deal. However many developers in Dubai in the past have successfully given a car or upto 10% cash back.. However none have this promotion running as on today. EWD runs ahead with Dubai on this issue.  EWD is the only one having this promotion running this week.

2.      38% Guaranteed Rental revenues: This is amazing and rental revenue is very important. I have seen rental guarantees of 5 - 12% in Bahamas, Bulgaria, Turkey, China, Thailand, Sri Lanka, and Malaysia. Guarantees of 8 - 15% in Dubai. 38% Guarantee iby EWD is simply amazing.

3.  98% Financing: Developers in America & Europe take 30 - 40% down, but the market is soft. Hence no good. On the International level the developers want 30 - 50% down on reservation. EWD wants 20% down and nothing more to pay. You cannot beat that. On top of that the buyer can reserve with only 2% down. It cannot get any better than this.

4.      Free to Assign: This is rare in America or Europe. But many developers allow this in Dubai and else where, but may charge a fee for this option. EWD stands ahead on this.

5.      High Property Appreciation: India property prices are on fire. Property is appreciating by 20 - 30% every year. There have been instances of 100% appreciation per year. We believe the factors behind this growth is the huge Indian population.    Population is the main driver of property prices. And India has population. Pune's population is increasing by half mil every year. Because the industry and jobs are there. And as the needs, desires, requirements and earning capacity of the masses increases so does the property prices. This will continue probably for the next 50 years until the Indian earning capacity is at par with the rest of the world.  On top of all this, the  condo hotel prices are going up regularly. All this is good news to the buyer.

6.      Resale Pool: This is very comforting. I have never seen anything like this with  other developers. In fact to avoid competition from resellers, I have seen developers place certain restrictions before resales can be made before a certain time. India is actually helping the buyers if they wish to resell their property. This is really very helpful and considerate of the developer.

7.      Ownership Benefits: I have come across free golf or spa membership, but nothing as aggressive as India. Ownership Gold Card benefits include 95% discount stay in the 5 star hotel plus 50% discount at all the hotel facilities, restaurants, bars, coffee shops, club, parking etc. These are really good freebies for being the prestigious owners.

8.   Low Price Guarantee:   If the developer ever lists a lower price than your buying price, then the existing buyers automatically qualifies for the new lower price, and you will get a refund or price adjustment on your buying price. Buyers can now Buy without worry of prices dropping. This is great. And EWD is the only developer I have come across who is giving this guarantee.

9.   Fractional Ownership:  - For small Investments.  Essentially, Fractional ownership affords an opportunity to experience the luxury lifestyle at a fraction of the cost. Everything related to upkeep, maintenance, finance, management, book keeping etc is handled for the owner.  The fractional ownership opportunity is much more affordable than whole ownership.

10.  Viewing Trip:  India is offering 5% rebate to all who come to visit his site. This is good money, as compared to any other developer from around the world.

Overall Assessment:  India Condos are a very good safe buy. There are so many exit strategies. The buyer may exit at any time. There is no long term binding, and this is what I like. I cannot see how a buyer can lose money on it. There is no risk. Only the question is how much will the buyer make, depending as to when the buyer may like to sell his/her interests on it.

This is a very good week to get a free Car. We  suggest you to reserve a unit, before the prices increases. And the price increases every day.   $10 refundable deposit will lock you at today's price. Yes, that's correct $10 only. Then you get more time  to study the property details, and to think over it, and if you decide this is not for you. you can always get a full refund back. There is no risk. Only the advantages can be there. 

The advantages of quick reservation are:                                                                                                                                    

  1. You do not miss the opportunity if it gets sold out.  
  2. You lock in the low price before the monthly price increases. 
  3. You get the benefit of the 20% Cash back under this Weeks Special offer.  
  4. Give us a call, and we will walk you thru the reservation form.

If your investments are earning 15%  or less, then investing in safe high growth international properties will make your investments grow much faster. We can give you this info from our own personal experiences.

Look at us as your friend. We want to help you make an educated informed  and analyzed decision towards the betterment of your investment growth.

Contact us for any information on any property from around the world, and we will do a thorough search for you. Give you analysis and comparables on it. Tell you the good and bad about it. We just love to this kind of search, and we would really like to help you.

We listen to the investors goals and help them experience the magic of great returns.

We would appreciate receiving your reply.   

  Marketing Supervisor  
East West Developments  
 Email: [email protected]   

Our Property offers can be a very good investment for you:

Do your own due diligence.  This is a big investment for the Buyer.  Kindly spend 1 hour on our website and study it in full detail. You must fully know about us and our ways of doing business. Please devote some of your time to study about us and our projects and various offers on our web site.  We can say that you will not be sorry, and  make good money. There are so many possibilities as to how you can make good money thru your alliance with us.

Then print the important Property pages . Only when you understand about us and our full Property details, can you make a good decision. You must see the full advantages of this Investment.  A lot of info is given on our website about our company and projects. Links for your convenience are given below:

Regarding our profile, background, associations, customers. Kindly check under about us: Link:  http://www.eastwestdevelopments.com/aboutus.aspx

Regarding our References, representatives, contacts. Kindly check under Contact us: Link:  http://www.eastwestdevelopments.com/contactus.aspx

Regarding our Projects, sales & marketing. Kindly check under Home page: Link:  http://www.eastwestdevelopments.com/index.aspx

Regarding our Testimonials & Recommendations, and customer comments Kindly check Link:  http://www.eastwestdevelopments.com/testimonial.aspx

Regarding our land purchases or Joint Ventures with Land owners. Kindly check: Link:  http://www.eastwestdevelopments.com/purchase.aspx

Regarding our Partnership offers. Kindly check Link:  http://www.eastwestdevelopments.com/part.aspx

For additional information, please contact us and we will try to help you.

We are an active profitable company with a great vision. You will do well in associating with us.  

THE PROPERTY DETAILS ARE FOR ADVANCE INFORMATION PURPOSES ONLY. AND IS NOT AN OFFER OR A SOLICITATION FOR SALE. THIS INFORMATION IS NOT VALID, AND IS NOT MEANT FOR COUNTRIES WHERE GIVING SUCH INFORMATION IS PROHIBITED BY LAW. SALES WILL BE DONE LATER ONLY THRU A SEPARATE PROSPECTUS OF SALE.

Please also read the Terms & Conditions  Link: www.eastwestdevelopments.com/termscondition.aspx

Disclaimer:
Although this is clearly a preferential buying opportunity, the Buyer should be aware that no investment or return on investment is ever guaranteed. No representation is being made that your investment or return on investment will be the same as or resemble the examples shown above. In fact, no representation is made that there will necessarily be any return on your investment. The examples are just one of many possible investment outcomes and are for purposes of illustration only. The Buyer investment, in this case, is in a project to be constructed. Although the expectation is that this project will be built as planned, we make no representations or promises that the project will proceed as planned. Investor funds will be held in secure escrow/trust accounts and all funds will be returned in full, without interest in the event that the project does not proceed.

The information herein is merely illustrative and promotional in nature, and does not represent a  guarantee or specific warranty regarding any particular Property info. No representation is made as to the success of any project, the ability of a purchaser to find a buyer, or that the prices within a particular project will rise. Real estate buyers should understand that if held for investment purposes, there is a risk that returns from other investment vehicles — such as a stock, bonds or other property — could be higher. Accordingly, there is no guarantee that a pre-construction purchase reservation represents the best possible investment relative to other possible uses of a buyer's money. Buyers should do their own due diligence and consult their own investment and tax advisors about the suitability of a pre-construction purchase reservation for their particular needs and situations. The purchase of a pre-construction is a purchase of a particular personal use real estate unit. Accordingly, it is not intended to constitute a security.

The information provided here are calculations only. The rates, revenues and returns are expected estimates only based upon the analysis of market conditions and hotel & hospital management activity in the Local areas.

East West Developments makes no recommendations whatsoever with regard to the decision of any prospective buyer to purchase a unit by the developer, other than to recommend to any prospective buyer that he/she should consult with his/her independent investment advisor, tax consultant and legal counsel.

East West Developments disclaim any responsibility for the project or performance and makes no warranty, express or implied, as to the percentage of return of investment to any purchase of property.

 
East West Developments is not registered with the Securities and Exchange Commission, or licensed by the National Association of Securities Dealers of USA.  East West Development is an International Partner organization in locations not in USA, and their International Developments are not in USA. East West Development properties are not offered, advertised or available in USA. Properties are for personal use of the Buyers and are not Securities.

 Reserve a Unit now To reserve online please click here.

We have a limited number of studios being released, so if you are interested don't delay and miss this exciting opportunity! Pre-Launch.  Priority will be determined on a first come, first serve basis.

Please review the following information about this exciting pre-construction opportunity. There is going to be Billions and Billions spent on the redevelopment of this region and you are getting a chance to get in early on one of the premier developments in the area.

As with all projects we present, this at very early in the process. We are able to give you the "insider" track on being a part of this exciting developer direct project.


If you have additional questions or would like to reserve a condo hotel unit, please contact:
[email protected]

Information on this Page:  ( CONTENTS )

  1. Prices.  
  2. Fractional Ownership.
  3. Low price guarantee.  
  4. Rental Rates.  
  5. Preferential Deal.
  6. Gold Card ownership benefits.
  7. Investment highlights.
  8. Location.
  9. Floor Plans.
  10. Viewing Trips.
  11. 100% Financing.
  12. Car Giveaway.
  13. Reservation Procedure.
  14. Investment in Parking Slots.
  15. Investor Services.
  16. Building Features.
  17. Introducing Pune.
  18. 55% Cash on Cash.
  19. Assignments.  
  20. Investor guidelines.
  21. Comparison.
  22. Disclaimer.
  23. Reserve a Unit now.
  24. Contents.

All rights reserved. No portion of this data sheet may be reproduced without the express written permission of East West Developments. Although East West Developments believes the information contained in this data sheet to be accurate and complete, East West Developments can make no such guarantee.

East West Developments website is under development.     All services to all the enquiries may not be available. Right now we are working in our efforts to improve and perfect the website. Complete base work is being done, to provide full back up of customer support services and marketing support services, before the big launch. Readers and clients will soon see improvements and changes. For more updates: Link: http://www.eastwestdevelopments.com/testing.aspx


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