East West Developments   PROPERTY  INTERNATIONAL                                                                                                                      .  UAE     INDIA     NEPAL    SRILANKA     THAILAND     MALAYSIA     JAPAN      EGYPT     CYPRUS      SPAIN      TURKEY     BULGARIA     PANAMA     COSTA RICA     BRAZIL      ARGENTINA      AUSTRALIA.     www.eastwestdevelopments.com                                                                                   emails:  [email protected]      [email protected]
 
 Purchase/Joint Ventures for 5 star hotel:

FOR LANDOWNERS:  JOINT VENTURE  OFFER  OF A LIFETIME:  

Landowner does not want JV. Only wants to sell his land?  

Sale or JV, the owner gets paid the full price of the land. So it does not matter if it is a Sale or JV. In order to get a high price for the land. The Landowner has to plan and present a hotel project on the land to attract the potential interest of the new International buyers. Although the goal is to sell his land. But still the Landowner can only sell the land by raising its value thru the JV. So to sell his land at a higher price, the owner  is taking the help of the JV for a short time. JV is the way to go to sell the land.

 

YOUR LAND IS IMPORTANT.  Our suggestion is: Landowners: Do not sell your land. Especially at a low price.  It is your Asset. It is your net worth. Keep your land. .  .  And still get your Full price.

Yes. in the JV. You keep your land and still get your full price.  

 

JV SUMMARY:  In this JV offer, we the Developer will build at our full cost the 5 star hotel development on your (landowner�s) land. (If the Landowner can handle the responsibilities of construction, then the construction funds can also be paid to the landowners).  In addition the Landowner for FREE gets big  payments.  Plus the Landowner gets 51% of the operational income from the running hotel.  (If the Landowner can handle the responsibilities of running the hotel, then the operations of the hotel can also be handed to the landowners).  Developer is like an Angel for the Landowner, and helps him with the finances and the construction costs, and helps and guides the Landowner build, and leads him to succeed in the development. Landowner gets both: the full payments, and remains 100% owner on his land. In the JV, we the developer only wants to benefit from the income from the construction/development on the Landowner's land. The Landowner can keep owning the land.

 

A Big Plus Advantage of  JV.

During this agreement, the Landowner can sell and assign the land to another party.  This JV Offer is transferable and the Owner can Sell and transfer his property anytime to the new buyers. On sale the Landowner is out, and the Developer continues his JV Agreement to build with the new owners of the Land.   This is a big plus for the new Landowner. Imagine a 5 star Hotel Build Agreement in place, And with the Landowner getting 500% more for his land. 

On signing the agreement, the land prices will immediately have a tremendous boost. The land prices will soar up. And there will be many buyers for this land. And if selling, is the Landowner's goal, then after the JV he can sell for 40-100% more the current value of this land. It will be an easy sell. Assignment commission for substituting the name of the new buyers is 10% payable to the Developer. In fact, developer can also help the Landowner to sell this land for him easily by listing it thru their websites on a 3% commission.

On doing the JV deal with you. And if you are keen on Selling out. Then at your request, we will keep presenting your JV land deal to the International Investors. And on receiving interested international investors send their offers to you. This is the best way to find a Buyer for your land, that is if you are interested in doing a quick sale.  On sale of the property to the New Buyer, the existing owner is out and the New Buyer is in. And we continue our JV contract and development program with the New Buyer.

Is this offer good for the  Landowners?  Please let us know, as to what land you have available, so I can then call and discuss with you on it.  We can plan a trip to meet the Landowners, when required. 

       

Some ongoing projects.   Check out our unique properties.  Links below:                                                                                                 http://www.eastwestdevelopments.com/hospitalcondo.html                                http://www.eastwestdevelopments.com/delhicondohotel.html                                http://www.eastwestdevelopments.com/zanzibarcondohotel.html

If you have land and are looking to build 5 star hotels or Investment Property.  Please look at our websites www.eastwestdevelopments.com     JOINT VENTURE PROPOSAL:   If you like what we are doing then join us, and make 500% more for his land/property.  Risk Free. Plus earning an income from the running of the hotel. Financial details are pasted below: 

Business Income Expectations:      Basically from the property on your (Landowners) Lot.  

Financial Overview:                  Successful projects and good pre-construction deals easily sell out long before the completion date. We hope to do this.  We plan marketing the project on your land within a few months of signing.   Projected sell out sales from a 360 rooms property project on your land is over $100 mil. - with projected profits at over $50 million - That is how the Landowner is guaranteed 500% more for his land/property. 

JV Business  Financials:

#

Details

Costs Mil.US$

Sales Mil.US$

1.

Sales of the Hotel on your land to the Investors.

 

100

2. Less 10% for marketing costs, agent commissions.       10

3.

Estimated Land depending upon the location. Probably in JV

 varies

 

4.

Construction: 300,000sq ft @ $100 per sq ft = .

30  

 

5

Finishing+Furnishings 360 rooms x $10,000 each = 

        3.60

 

6

Miscellaneous .

   2  

 

7

Total Construction costs. If the Landowner can handle the responsibilities of the construction, then this  amount for the construction, kept as reserve, can also be paid to the Landowner.

      45.60

 

8

Projected developers Net income (Sales less construction cost)

 

  54.4

9

Landowners paid land price(150%) plus 51% running income.

 

varies 

 

 

 

 

 

The above are for our existing locations. In some locations worldwide, the figures may vary a little bit.

 

 

Additional Income: On completion, when the property is operational, the Management will receive 15% as their management fees on all the operational collection and sales from the condos, parking, restaurants, coffee shops, bars, party rooms, meeting halls, retail shops, leases, rentals, etc. This is projected to bring an additional $5 million per year. This is  running income. Landowner gets 51% of the running income.

IMPORTANT NOTE   WHY THE LANDOWNERS WILL GET CASH QUICKLY:
Kindly consider the below explanations. Then think and decide. 

#1.   As you notice from the above JV Business Financials. The Developers stand to make millions from this JV deal.. However they make this money only on completing the project. First the Landowners gets paid, and in the end the Developer gets paid. Developer is the last to get paid and they get paid on successful completion only. So they are in a great hurry to complete this project. That is good for the Landowners also. Because then they get their cash returns quickly also.

#2.  From the operational income of the development. The Landowner gets 51% and the Developer gets 49%. This is the main income and source of big money. Under the B.O.T. System. Build, Operate, Transfer. The entire hotel gets transferred to the Landowners in 15 years. So the Developers have a very short span to recover their expenses and make profits by getting this income. If the Developer delays and take more time to complete the development then they are killing their profits, by shorting their income time frame. And this the Developers do not want to do. As such they are in a hurry to complete the development.

#3.  As the promotion and marketing of the  proposed development takes shape, we get many interested investors/buyers. And we often offload some percentage of the development to them.  This way the Landowners can get paid in full very soon.  There are no guarantees. However the possibility that the Landowners get paid early is very good. We are in this project with the Landowners. Because we make good profits from this development also. However, please note, we make our profits in the end only. After the landowners are paid in full and the development is successfully operational. As such, we are also in a hurry to complete the developments at the earliest possible. Because then only we get our profits.

As you can see there is no conflict of interest.  Both the Landowners and ourselves are working to complete the development at the earliest to cash our mutual profits and payments.
 
 The payment of the monthly amount  shows our commitment to the purchase/JV of the land, and to the success of the development/project.  If we were not serious or confident over the success of this development. Then we would not even commit/risk this small monthly amount. The Developer guarantees to pay damages to the landowner in case of non-performance or delays. All this will be written in the Agreement.

The Developer makes big money without having to invest in the purchase of the land.  This is how both benefit from this JV, and we can give big returns to the Landowners.  Landowners cannot construct alone. We cannot build without the Landowner' land. We both need  each other for Success.

Already Listed for sale on our website: Are Condos and Parking Slots.

Additional new products for sale will soon be added: These products will be added and listed for sale shortly, or when the above Condos and Parking Slots sell out.

In the Condo hotels:   12 Retail spaces in the shopping arcade, 5 International Restaurants, 2 Coffee Shops, 2 Bars, Night Club, Discotheque, Convention Center, Meeting Hall, Banquet Room, 3 Party rooms, Wedding Hall, Gym, Fitness Center.

These additional products like the condos will be sold to individual investors, and than leased by the management to professionals, which will result in a very good return for the investors. Hence easy to sell by the Developer. The sales from these products will bring additional revenues to the Developer/Landowner.  

Future Projects:    For most of our planned projects, we are going where the Real Estate market is hot. We have in planning some excellent projects for UAE, Thailand, Malaysia, Turkey, Panama  and other key cities worldwide in our pipeline.  We plan to add and release new projects every year.   A  Landowner partner will share all the  income from the  project built on his land. There is plenty of room to grow. Landowners from all over the world are welcome to Partner with us. 

New Property deals:     There are plenty of non-performing, unfinished, losing and idle land and properties lying around the world.  However what all of these properties need, is renovation, completion, development and proper marketing. We can easily do that, and market these properties at 6-10 times their present value on our website, We are keen on collaboration or JV with Landowners.  We do the full development and construction and permit fees at our cost and give 500% more, with 51% income from it to the Land owner.    

Why our need for a Joint Venture Partner:   The Developer is adding a  new relationship with Landowners into his exiting business, with the hope that this will help develop properties faster globally.. The Developer understands this is a big business and to make it a success, he needs to form a team of professionals, and associate with Landowners and share the returns with them.

 

 East West Developments Mission:

We are growing fast, and feel we can expand and grow faster by having a landowner as a partner.

About Us.   And What we can offer you:        We are a registered company. Registration # 0601748.  We have the websites: www.eastwestdevelopments.com                      http://www.eastwestdevelopments.com/hospitalcondo.html
http://www.eastwestdevelopments.com/delhicondohotel.html
     http://www.eastwestdevelopments.com/zanzibarcondohotel.html
  These websites are quite popular. We have spent over $1 million on designing, building, maintaining & marketing these websites.  In the websites.  We are promoting some  big property projects in Zanzibar, Delhi, Ahmedabad, Nigeria, Slovakia and other key large cities Worldwide.   These websites are like a 24 Hours open online stores, and are bringing in money every Hour. The Capital and funds for the land and construction of our projects are being raised in advance thru these websites from overseas investors. Please check and read these property marketing details.

Background: We have researched and gone through all the available pre-construction projects from around the world, and compared our properties with all the other projects worldwide. We have the best deal around. Go ahead and check it out for yourself. Please go through our properties and website.  

Marketing is very important - And this is what we have:   This is our strength. We have a good marketing program in place.

We are listed number one or on the first page of all the major Search Engines. Please check. Below are the links:

Yahoo: http://search.yahoo.com/search;_ylt=A0oGkjMBjNFGC8EAp9lXNyoA?p=preconstruction+realestate+condo+property+investment+opportunity&y=Search&fr=yfp-t-500  

Google:    http://www.google.com/search?hl=en&ie=ISO-8859-1&q=preconstruction+realestate+condo+property+investment&btnG=Google+Search

msn:   http://search.msn.com/results.aspx?q=preconstruction+real+estate+condo+property+investment+opportunity&FORM=SSNO

AltaVista:     http://www.altavista.com/web/results?itag=ody&q=preconstruction+realestate+condo+property+investment+opportunity&kgs=1&kls=0

aol:   http://aolsearch.aol.com/aol/search?invocationType=wscreen-searchboxhtml&query=Preconstruction%20RealEstate%20condo%20Property%20Investment%20

Opportunity

 

net crawler:  http://www.metacrawler.com/info.metac/search/web/preconstruction%252Brealestate%252Bcondo%252Bproperty%252Binvestment%252Bopportunity/1/-/1/-/-/-/1/

-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/417/top/-/-/-/1

dogpile:   http://www.dogpile.com/info.dogpl/search/web/preconstruction%252Brealestate%252Bcondo%252Bproperty%252Binvestment%252Bopportunity/1/-/1/-/-/-/1/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/417/top/-/-/-/1

Lycos:       http://search.lycos.com/?query=preconstruction+realestate+condo+property+investment+opportunity

excite:     http://msxml.excite.com/info.xcite/search/web/preconstruction%2Brealestate%2Bcondo%2Bproperty%2Binvestment%2Bopportunity

We are listed number one or on the first page of the International Property Websites. Please check. Below are the links:

http://www.themovechannel.com/property/investment/default.asp

http://www.themovechannel.com/property/default.asp

Marketing is very important before our big launch:  

We undertake Multi streams of Property promotion.
1. Over the Internet & websites.
2. Huge Worldwide network of our Agents, Brokers and representatives.
3. Regular promotional emails to our list of over 10,000 investors/clients.
4. Advertising in Print , Radio & TV.
5. Property Show booths at Exhibitions.
6. Special events etc.
7. News publicity and articles.
8. For your Property we will prepare the best deal over the internet search, which will be hard to beat, and hard for the potential investors and buyers to resist.

What we want:           We are looking for Landowners with good and suitable lands.   Since the construction is funded from the advance sales to the Investors, we can offer and give very attractive returns to the Landowners.

TimeLine:    These are massive developments and require big construction funds, and things need to be done the correct way. And all this does take time. Tentatively the timeline is as follows:    Developer needs about 11 months for pre-planning, analysis, discussions, implementation, appointment and  start  to the various JV activities. To conduct feasibility studies, pricing, prepare  plans, surveys, design and project report, and upload on-line on their website the project details on the proposed New Grand 5 star hotel in your City, for marketing. From then on he needs 4 years to completely sell the hotel units to all their investors. Construction will start only after the sell out.   After that 2 years of construction time, and one year of finishing and licensing before the grand opening. Total time frame of the development is projected as 6-8 years before the running income can start.

Land Details:    If the land is ready to go. That is, If it has clear title and all the zoning, permits and permissions to build a 5 star condo hotel. Verified thru our legal dept. And if the construction can be started immediately. And if the land ownership papers can be transferred to the new owners. Then we can buy the land straight away.  No JV is necessary.   The Landowner can get 100% payment  on transferring the ownership to us.

If the land is not ready to build. That is, if all the zoning, permits and permissions to build a 5 star condo hotel are not there. Then we can do a JV with you. We will work with the Landowner, and help him get all  the permits and do the JV Partnership.

YOUR LAND  GUARANTEE  + you get to keep all the payments paid to you by the developer:      We have never seen such a guarantee. However this Business is so strong and the returns assured that we are confident in giving you this guarantee. If the Landowner with our help cannot get the necessary permits to build a 5 star condo hotel. Then that will be a big loss to the Developer, and to his commitment with investors. The Developer will bear all such losses himself. However, without the hotel build permission, then the land is of no use to him, and the Landowner remains the 100% owner of the land and do whatever he wants. Probably the land will be worth much more at that stage. In addition the Landowner gets to keep all thepayments the developer has paid to him.

Penalty to EWD on non-performance: EWD on signing this Agreement guarantees that they will immediately start preparing and working on the project. In case of delay on part of the EWD in preparing and working on this project, except in events of force mejure conditions, and if they fail to prepare and publish the details of this project on their website within 12 months of signing this agreement. Then the EWD will pay US$100,000 (One hundred thousands) as penalty to the Landowners, plus the Landowners will have the option of canceling this JV agreement.

Below is a draft of the Agreement for the JV:

MEMORANDUM OF UNDERSTANDING.

  1. The Developer will  do the full construction at his cost. Landowner is and remains 100% owner on his property.
  2. If the permits to build are not there, then the Landowner will try  to get all the zoning, permits and permissions to build a 5 star condo hotel from all the departments. We (EWD) will also help the Landowner procure the necessary permits.
  3. All during this period the Landowner remains the owner of the land. In the JV, we the developer only wants to benefit from the income from the development on the Landowner's land. The Landowner can keep owning the land.
  4. If the Landowner even with the Developers help cannot get the necessary permissions to build a 5 star condo hotel. Then that will be a big loss to the Developer, and to his commitment with investors. He has spent a lot of time and money on feasibility studies etc, and in marketing and in putting it live on the website. The Developer will bear all such losses himself. However, without the hotel build permission, then the land is of no good to him, and the Landowner  keeps his land back and do whatever he wants. Probably the land will be worth much more at that stage.  In addition the Landowner gets to keep all the payments the developer has paid to him.
  5. However if the build permits are granted, and the whole building has been sold to the investors. Then the construction can start. A ground breaking celebration date will be set, And probably the Press and VIPs will be invited.
  6. On construction start, the Landowner is paid 90% of the price of his land/property.  (the construction costs are kept as reserve). Necessary paper work will be done.
  7. On construction start, the Landowner is also reimbursed 300% for payments and fees he may have spent towards getting the permits and permissions for his land. 100% for the actual receipts plus 200% for his efforts and time = 300%. This is in addition to the full land payment paid on the construction start date.
  8. During construction for 2 years, the Landowner is paid an additional 5% of his land/property price every year.
  9. On construction completion, the Landowner is AGAIN  paid 50% of the price of his land/property.
  10. After  Completion The Landowner  is paid 51% of  the operational income of the hotel. This way the Landowner earns a  income from the running of the hotel also. 
  11. EWD will transfer 100% of their ownership of the development at zero price back to the Landowners after 15 years.
  12. The Agreement will be for 15 years. Neither partner can dissolve this partnership before 15 years. The Developer has spent heavily in  putting the project together, and on-line and in promoting it, and in making commitments to his investors.  During this agreement, the Landowner can sell and assign the land to another party.  During the agreement period if either party wants to cancel the agreement early, then it will be at a compensation of $30,000 given to the other party as early termination fees.
  13. Developer will have absolute decision and control over the website and construction. There will be no interference from the Landowner.  If the Landowner can handle the responsibilities of the construction, then the  amount for the construction, kept as reserve, can also be paid to the Landowner, before construction start, or as per the arrangement  
  14. Developer Concerns: Since the build permits are not in hand, and the construction may never happen. Hence payments to the Landowner will only be done on the construction start. No advances or payments for any reason will be made before that date.
  15. The Developer guarantees to pay damages to the landowner in case of non-performance or delays. All this will be written in the Agreement.
  16. Late payments:  Landowner will be entitled to 2% (two percent) per month as interest, if payments paid to the landowner  are late.

Our JV offer is a very good deal for the Landowner:

Actually this JV is a very good deal for the Landowners, and a very bad deal for the Developers.   All the terms are in favor of the Landowner, and are against the Developer.

Points in favor of the Landowner:

  1. Landowner gets 500% more than the current value of their land.
  2. 90% land payment is being paid on the construction start date.
  3. Landowner is earning income from the running of the hotel.
  4. Landowner's contribution and payment towards construction costs are zero.
  5. During this agreement, the Landowner can sell and assign the land to another party.
  6. On signing the agreement, the land prices will immediately jump up.
  7. If selling, is the Landowner's goal, then on this Agreement he can get 40-100% more the current value of his land.
  8. Without the approvals, the Landowner keeps his land  + the Landowner gets to keep all the payments the developer has paid to him. There is No loss to him.
  9. Landowner gets a FREE Mercedez S500 car during the opening ceremony of the New hotel on his land.
  10. Developer pays for the full development and construction and permit fees at their cost. All money for the development, promotion, marketing and selling will be done at his costs.
  11.  The Landowner remains the owner of the land at all times.
  12. Landowner land is totally safe and always in his name.
  13. Landowner has nothing to lose. The land is in his name, Plus he gets the money all the time.
  14. Landowner is a partner on profits only, not losses. All loss if any will be borne by the Developer. 
  15. Landowner is the major partner, and is always in  control. Developer is merely helping him.
  16. If the Landowner can handle the responsibilities of the construction, then the  amount for the construction, kept as reserve, can also be paid to the Landowner, before construction start, or as per the arrangement.
  17. EWD will transfer 100% of their ownership of the development at zero price back to the Landowners after 15 years.

Points against the Developer:

  1. Without the approvals, there will be a big loss to the Developer, and to his commitment with investors.
  2. He has spent a lot of time and money on feasibility studies etc, and in marketing and in putting it live on the website. The Developer will bear all such losses himself.
  3. Developer will spend additional funds: The Developer immediately on signing this Agreement will start pouring in huge funds in this project. We will conduct research, feasibility studies, prices, prepare layouts, plans, surveys, design and project reports, and upload on-line on our website the project details on the proposed New Grand 5 star hotel/resort in your City. And the marketing costs involved in promoting the project.  On behalf of the Landowner, all this the Developer will do at 100% at his costs. In addition we give payments to the Land owner.

What happens if this project is not completed?      It is true that there is always a possibility, that all the approvals may not be received, and the construction cannot be done. In that scenario, the Landowner has nothing to lose. The land is in his name, till he gets the money. So he keeps his land, plus the Landowner gets to keep all the payments the developer has paid to him.  The real loss is to the Developers.   They have spent huge funds on this project. On project reports, architectural plans, web designing, uploading and maintaining it on the Internet, in marketing and promoting, in commission costs etc. Maybe a couple of millions. He will bear all this loss alone. The Landowner is a partner in Profits only, and all losses are borne by the Developer.  

Landowner's land has been an idle land for centuries in the past. Landowner has not made any actual Cash money from his land, and cannot make money from raw land, without a construction on the land. However, people sees it as a development opportunity so  land prices may have gone up. This is the Landowner's big opportunity to get in on the development with zero money. Actual big money can only come by doing the  development.

The Developer is like an angel trying to help the Landowner make big money from his land, and will guide him with the development, and with the money, and lead him towards success.

MONTHLY PAYMENTS:   Monthly Payments of $100 per month, is paid to the Land owners on signing of this Agreement. The land remains100% in the ownership of the Land owner, as such the monthly Money cannot be more.  We have to market and sell this project to investors, before big funds can be given and shared with the Land owners. 

BIG PAYMENT TO THE LANDOWNER:  90% land price payment to the Landowner will be on the Construction start date.

PERMITS RESPONSIBILITIES: Since we are sitting so far away, and the Land owners are local, and have local contacts and know their local area better, hence the initial efforts of securing  the permits and permissions may be on the Land owners. However, we will reimburse 300% (100% for the actual receipts plus 200% for his efforts and time = 300%.) to the Landowners on the construction start date for all payments and fees he may have spent towards getting the permits and permissions for his land.  This is in addition to the full land payment paid on the construction start date.

On receiving your OK. We will get an Attorney to draft the Purchase & JV Agreement. And send it for your review and approval. Landowners please let us know if you would like any changes in this Agreement. Once we both agree on this understanding, then we have to arrange a personal meeting.  We will check & see  the land in question. If every thing appears OK.  Sign and proceed ahead together as joint partners.

We need only serious Landowner partners with good land. If you would like to join us, - then please send us details as to what land you have.

Conclusion: This business is safe and defined, is risk free with amazing profits. Nothing can be better than this.  You Decide!   We are looking for JV partners and would love to work with you.  Our goal is to make it extremely easy to associate with us and to participate in our projects. We listen to the investor's goals and help them experience the magic of great returns.

We are an active profitable company with a great vision. You will do well in associating with us. Brokers and Agents are protected. We pay 8% commissions on land and property purchase or JV deals. Your help in getting us the properties will be appreciated. 

What are your views on it. For additional information, please contact us and we will try to help you. Thank you.

East West Developments
Email: [email protected]    [email protected]   
[email protected]
www.eastwestdevelopments.com
 

Check us:  Do your due diligence :

Do your due diligence.  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.  I 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 this Purchase/JV page. Only when you understand about us and our full Purchase/JV  details, can you make a good decision. You must see the full advantages of this Purchase/JV .  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.html

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

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

Regarding our Joint Ventures with Land owners. Kindly check under JV: Link:  http://www.eastwestdevelopments.com/purchase.html

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

We are an active profitable company with a great vision. You will do well in associating with us.  
FREE Mercedez Car:     To show their appreciation, as a THANK YOU NOTE, The Company will give to the Landowner 1 FREE gift of a Mercedez S500 car, or $100,000 cash in lieu of the car during the opening ceremony of the New hotel on the Landowners land, or on expiry of this agreement which ever is earlier.

Questions And Answers. 

Landowner does not want JV. Only wants to sell his land?                                                                                                  In order to get a high price for the land. The Landowner has to plan and present a hotel project on the land to attract the potential interest of the new International buyers. Although the goal is to sell his land. But still the Landowner can only sell the land by raising its value thru the JV. So to sell his land at a higher price, the owner can only do so thru the JV offer. JV is the way to go to sell the land.

How long is this JV Agreement for?  There is a mention of 6-8 years in the TimeLine:                                                          We propose having the Agreement for 15 years, as that is the minimum time for the transfer back. EWD will transfer 100% of their ownership of the development at zero price back to the Landowners after 15 years.

Regarding 51% running income, kindly clarify whether the sharing is in respect of profit only or  profit/loss both?               Only on profits for you. All loss if any, will be borne by us. 

There is some mention of $1 million as penalty. What does it mean?                                                                                   It is really for your protection. Suppose we sell out the project. We come to your City, look around and are offered a plot next to your land at a much cheaper price. It makes sense to buy that land, instead of paying you 1,000% more for your land. If we do that and break the contract, the penalty is $1 million. So this penalty clause is your safeguard.  

Is it safe for me, the Landowner?                                                                                                                                        Totally safe for you. You don't spend any cash. Your land is totally safe and always in your name. There is no risk for you. In all documents and public notices, it will be mentioned as a JV project between us with full contact info of each party.

In the JV, I am investing with my land. What are you investing in?                                                                                     We are investing full in the construction, plus giving you 500% more for your land.  

Kindly confirm who will construct the hotel and who will bear the cost of construction of the hotel?                    We will 100%.                                                                                                                                                                          

Who will be responsible for map sanction, land use change etc?                                                                         Jointly. But mostly by you. You will be reimbursed 300% by us for all your fees and expenses in this respect.

Who will run the hotel. If you have any tie up with any such agency for operating of the hotel?                              By us. Brand name will be of an International Hotel franchise, not yet decided. Franchise will be a big chain like Ritz Carlton, Fairmont, Hyatt, Marriott, Hilton, Sheraton, Intercontinental or Meridien etc.

Detailed working of construction cost / sale price and profit etc?                                                                            Please see full details. Link:  http://www.eastwestdevelopments.com/purchase4.html
 

Who is the  builder.  Agreement is required?
                                                                                                            
6 months prior to the construction start date, we will request a tender from all the builders. A reputable and good builder will be selected and given the contract to build.

The Developers in my Country sell 40% and then take a construction loan from the bank. Why not you?                            Our way of working is different. We sell completely before construction start. When we can sell 40%, then certainly we can sell 100% within one year more. Once we have the full construction money, we do not have to depend on any loans, and our profit margins are higher. Also it is better for you this way, because then you get paid  your land price also, Also with loans, then land has to be put as COLLATERAL, and we cannot and  do not want to put your land as collateral.

How do you work?                                                                                                                                                                The funds are collected  from our investors, till sell out. Then the construction money is kept as reserve for the construction and the construction started.

Do I have to spend any money from my pocket, or for promoting the project?                                                                      No. All money for the development,  promotion, marketing and selling will be done by us at our costs. It is responsibility.

How much money can I expect from you ?                                                                                                                         1,000% more  than the value of your land with 51% of the running income.

Can I sell and assign my land during the Contract?                                                                                                                Yes. During this agreement, the Landowner can sell and assign the land to another party. This is a big plus for the Landowner. Imagine a 5 star Hotel Build Agreement in place, And with the Landowner getting 1,000% more for the land. On signing the agreement, the land prices will immediately have a tremendous boost. The land prices will soar up. And there will be many buyers for this land. And if selling, is the Landowner's goal, then after the JV he can get 80-100% more the current value of this land. It will be an easy sell. Assignment commission for substituting the name of the new buyers is 8% payable to the Developer. In fact, we can also help the Landowner to sell this land for him easily by listing it thru our websites on a 3% commission.

3-4 years is a long time. 360 rooms can easily be sold in one year?                                                                                   We like to keep margins. If we sell out within one year, then definitely we will start the construction as soon as we sell out.

What happens if this project is not completed?                                                                                                                      You have nothing to lose. The land is in your name, and you get the monthly money. So you keep your land, and the monthly payments. Probably in 4-5 years, the land will be worth much more than the present  value.  The real loss will be to us. We have spent money on the project. On project reports, architectural plans, web designing, uploading and maintaining it on the Internet, in marketing and promoting, in commission costs, monthly payments etc. Maybe a couple of millions. We will bear this loss.    As you can see, our interests are in that this projects gets thru at the earliest.

Can you send me the draft of the JV agreement?                                                                                                                   As soon as we get your OK on the JV, then we will ask our attorney to draft the JV agreement and forward the copy for your perusal. We are only waiting for your OK.

 

          East West Developments website is currently under trial.                               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. The expected launch of this website, and our properties and projects with TV, Print, Exhibit and Email Promotions is expected in September 2011.

                                          For more updates: Link:  http://www.eastwestdevelopments.com/testing.html

 

 

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