Investment & Business Proposal Guruvayur s Hotel Apartment

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1 Invest now... Earn forever... Investment & Business Proposal Guruvayur s Hotel Apartment

2 We grow together RAINBOW BUILDERS THE COLOURS OF CONFIDENCE Rainbow Builders with a proven track record in creating finest residential and commercial spaces at strategic locations of the state also holds a unique place in the pilgrims of Guruvayur with their service apartments in the temple town. Deadline precision is the first and foremost quality of the company which makes Rainbow Builders the hot favourite of investors who have no time to wait endlessly to get their apartments delivered. The no compromise attitude on construction quality, the commitment to provide the best amenities and unmatched after sales service have also gave the much needed impetus for Rainbow Builders to emerge as the ultimate winners. Legacy Luxury Service Apartments built with precision and perfection is destined to add another feather in the cap of Rainbow Builders and help the company surge ahead in success. 1

3 ABOUT THE PROJECT Rainbow legacy LIVE THE LEGACY Most Exclusive Hotel Apartment Project in Temple Town Legacy Luxury service apartments at Guruvayur located at the heart of the temple town houses fully furnished studio, 1 BHK and 2 BHK apartments. The location of the project provides easy access to transit points such as Guruvayur Railway station and Bus Stand. The project also houses a restaurant, coffee shop and a wedding hall to increase the commercial value of the project. Premium facilities like swimming pool, health club and roof top party area are sure to make Legacy a true testimony of luxury living with a divine ambience. The construction details are as follows Basement car parking Groundfloor car parking & reception First floor to Seventh Floor Service Apartments consisting of Studio, 1 and 2 BHK flats having an area of 504 Sq. Ft to 1191 Sq. Ft which are intended to be used as Hotel Rooms as in Western Countries. Eighth Floor Multipurpose Auditorium + Service Apartments Roof Top Swimming Pool, Party Area, Indoor Games, Well Equipped Gymnasium There will be 125 Air Conditioned Service Apartments in the project and the customers who invest in these Service Apartments can own the flat and at the same time start earning in terms of share of room rentals received depending on the area of their apartments. They also have the advantage of getting the value of their property appreciating 2

4 Market study & research The Rainbow Builders have undertaken vigorous market studies and detailed research to understand the never ending possibilities of the concept of Service Apartments. Owning a Service Apartment opens up an array of benefits for the investor as the person can own a flat on his own in the temple town of Guruvayur and earn from lease rentals. The success prediction of the project is hundred percent as Guruvayur, the most sought after place of worship for Hindu Devotees from all over India, attracts an assured crowd irrespective of seasons. The available accommodation is no longer enough to fulfill the ever increasing demand for better choices of stay. Moreover as the Service Apartments offer them more privacy and togetherness more and more devotees prefer to stay in Service apartments than in Hotel rooms. 3

5 Working Models As an investor in service apartments the customer is purchasing the flat to become the owner and lease back the same to the promoters who rents it out as a service apartment for the guests. A percentage of rentals collected from all the service apartments are distributed to each owner according to the area (Sq.Ft) they own The promoters strongly believes that, it will be a win-win situation for those who are involved in this venture either as a flat owner or as an investor in shares of the company 4

6 Assumptions made in the project financials Income Income is generated through three major operations a) Room Rent b) Auditorium Rent c) Profit from Restaurant and Coffee Shop d) Income from other value added Aminities Best Investment Project in Guruvayur With Assured Monthly Income Room Rent As there are 125 Air Conditioned Service Apartments and considering the present rate structure of room rents in Star hotels a safe rate of Rs 2,500 per day is fixed as the rent. Though Guruvayur has a flow of devotees irrespective of seasons, occupancy of 250 days per year is expected beyond doubt and an increase of 10% increase in the rental income is also expected. Multi Purpose Auditorium Guruvaur is the most preferred location among Hindu devotees to conduct religious customs including ranging from Choroonu to marriages. Almost all the auditoriums in and around Guruvayur is remain booked throughout the year. However the promoter is considering booking of 250 days per year with a rate of Rs 50,000 per day 5

7 Restaurant & Coffee Shop Like the multipurpose auditorium, the restaurant and coffee shop at legacy offer a decent income for the investors and flat owners as there is a flock of devotees all round the year. Those who stay at the service apartments, the daily visitors to the temple and those who are coming to events held at Guruvayur are potential customers for the restaurant and coffee shop 56

8 Golden Opportunity for NRI s Enjoy Continous Source of Income Throughout the Life... Income Distribution The total income is distributed between the property owners according to the area owned by them and in effect if you own an apartment you get the returns even if your apartment is not rented out. You are also entitled to get a share of profit from the Multi Purpose Auditorium and Restaurant. The returns are directly proportional to the area owned by you, so it is always wise to opt for bigger areas to increase profits. A minimum of 15% Appreciation is predicted and 10% Annual increase on rentals are expected. This allows you to own a property and earn from it. This is a wise and practical investment opportunity for any intelligent investor including NRIs who can invest now and enjoy a continuing source of income all throughout their life. Management All the routine activities of the service apartments will be managed by a team of professionals from Hospitality Industry who are well versed in their area. This enables the property owner not to spend his precious time and energy following the routine activities of his apartment once it is rented out.