Sale (BSP) Rs.4.2 Cr - Commercial
Project Details: Multiplex
Area Range: 4671 sq. ft.
Price: Rs. 4.203 Cr
Location: World Trade Center Chandigarh, Gmada Aerocity, Mohali, Punjab 160047
WTC -Chandigarh :
WTC Chandigarh is new commercial project being developed in Mohali, Punjab. This project is result of joint partnership between World Trade Center Association (WTCA) and Viridian Red. The commercial complex offers a great variety of commercial spaces, shops and retail areas to suffice to needs of small, medium and large business enterprises.
World Trade Centre Association is a globally acclaimed real estate developer with its headquarters in New York. The company has erected marvelous infrastructure by the signature name of WTC in 100 countries across the world. The Viridian Red has partnered with them and is developing Noida, Ahemdabad and Chandigarh World Trade Center. In WTC Noida the possession to the investors has been given and a large portion of the area has been leased to MNC. The developer has started construction of WTC Ahmadabad.
GMADA (Greater Mohali Area Development Authority)
GMADA intends to develop Mohali as a world class city where the grass is greener, the roads wider, the air is cleaner and where proactive and responsive governance is the norm. It has set up a goal of achieving a balanced development of the area by preparation of perspective plans, strengthening of infrastructure facilities and promotion of Growth Centers by combining commercial hub in close proximity with residential development.
GMADA is coming up with Aero city Mohali, 1000 acres of mix land use development abutting 200 ft. wide road connecting Chandigarh international airport. WTC is coming up with iconic development on this prestigious futuristic location.
*** MULTIPLEX ALREADY IN TIE UP WITH INOX FOR 21 YEARS LEASE.
Assured return of 10% and 11% DEPENDING UPON THE PAYMENT PLANS TILL DEC. 2019.
MIN. GUARANTEE OF Rs. 47/- per square feet for the First year.
MIN. GUARANTEE OF Rs. 51/- per square feet for the 2nd year.
MIN. GUARANTEE OF Rs. 56/- per square feet for the 3rd year.
AFTER EVERY THREE YEARS AVERAGE WOULD BE COUNTED FOR THE MIN. GUARANTEE AMOUNT WITH INCREASE OF 13% OF THE AVERAGE PRICE.
ON THE HIGHER SIDE 16% OF THE GROSS REVENUE WITH ADDITION TO THE F&B SALES AS WELL.
*** THE OWNER OF THE MULTIPLEX WILL GET EITHER OF THE TWO WHICHEVER IS HIGHER.
- 3 Km from International Airport.
- 2 Km from Mohali Railway Station
- 1 Km from Knowledge City
- 5 Km from P.C.A Stadium and 2 km from Golf Academy
- 9 Km from I.S.B.T Sec 43, CHD
- 12 Km from Sector 17, Commercial Hub CHD