Dear Potential Investor,
I hope this message finds you well. I am reaching out to introduce you to an exciting opportunity in the burgeoning real estate market of Alibag, India.
Over the past years, I have strategically invested in prime parcels of land in the Alibag region, foreseeing the potential of second homes amidst the rising middle-class demand for tranquil living spaces outside Mumbai. Alibag, poised with upcoming infrastructure developments such as the planned bridge from Mumbai and the introduction of a Bullet train route, has solidified its status as an investment and second-home hub.
Currently, the market value of land in this area stands at ₹1.5 crore per acre, with my total land asset in Varande amounting to ₹9 crores. I am the sole owner of these parcels, and I believe the time has come to initiate the development phase to realize substantial returns from this investment. Additionally, we are in the process of acquiring adjacent land to expand the project from 6 acres to 18 acres, which will significantly enhance the scope and potential of our development.
The vision is to launch Harmony Meadows Township, a meticulously planned residential enclave that not only meets but exceeds the expectations of discerning homeowners seeking sustainable, harmonious living environments. By starting this venture, Harmony Meadows aims to not only generate substantial revenue but also lay the groundwork for future developments in Raigad District and beyond.
Scaling Up the Investment and Property Plan:
With the expansion to 18 acres, we aim to develop 54 eco-friendly homes over a 10-year period, in a phased manner. Each phase will consist of 10-12 homes, ensuring quality and sustainability in every aspect of construction. The development will include:
Residential Plots: Each home will be built on a 950 sq m plot, providing ample space for gardens and sustainable living practices.
Clubhouse and Recreation Area: A central hub for community activities, equipped with recreational facilities and green spaces.
Turnkey Solutions: Comprehensive services for second homeowners, from construction to maintenance.
Renewable Energy Solutions: Homes designed to be off-grid, contributing excess energy back to the community.
Permaculture and Landscaping: Integrating permaculture principles, with orchards, vegetable gardens, and native tree plantations.
Project Timeline:
Phase 1 (2024-2028): Develop the first 10 homes and essential infrastructure, with an initial investment of ₹300 crores.
Phase 2 (2028-2030): Construct the next 10 homes, leveraging profits from the first phase for continued development.
Subsequent Phases (2030-2035): Complete the remaining homes and final infrastructure, ensuring a fully operational and thriving community.
The concept of second homes holds immense potential as India's urban landscape continues to expand, creating new suburban opportunities. By joining hands with us, you will not only be part of a promising real estate venture but also contribute to shaping the future of sustainable living in India.
I am actively seeking partners who share my vision and enthusiasm to embark on this journey of creating Harmony Meadows and expanding into other properties across Raigad District. Together, we can turn this vision into a seamless turnkey project and pave the way for future successes.
I look forward to discussing this opportunity further with you and exploring how we can collaborate to bring Harmony Meadows to life. Please feel free to reach out to me at your earliest convenience to schedule a meeting or discuss any questions you may have.
Thank you for considering this partnership opportunity. Let's build something extraordinary together.
Warm regards,
Pradeesh Saxena
Detailed timeline
Project Financial Summary
1. Initial Investment & Land Acquisition
Total Land Acquired: 18 acres
Cost per Acre: ₹1.5 crore
Total Land Cost: ₹27 crore
Additional Land Development and Preparation Costs: ₹3 crore
Total Initial Investment Required: ₹30 crore (₹300,000,000)
2. Project Phases & Construction Costs
Phase 1 (2025-2028):
Number of Homes: 10
Construction Cost per Home: ₹1 crore
Total Construction Cost: ₹10 crore
Other Infrastructure Costs (Roads, Utilities, etc.): ₹5 crore
Total Phase 1 Cost: ₹15 crore
Phase 2 (2028-2030):
Number of Homes: 10
Construction Cost per Home: ₹1 crore
Total Construction Cost: ₹10 crore
Total Phase 2 Cost: ₹10 crore
Subsequent Phases (2030-2035):
Number of Homes: 34
Construction Cost per Home: ₹1 crore
Total Construction Cost: ₹34 crore
Total Subsequent Phases Cost: ₹34 crore
Total Construction & Development Cost: ₹59 crore (Excluding initial investment)
3. Revenue Projections
Selling Price per Home: ₹3.5 crore
Revenue per Phase:
Phase 1: ₹35 crore
Phase 2: ₹35 crore
Subsequent Phases: ₹119 crore
Total Revenue from Sales: ₹189 crore
4. Net Profit Calculation
Total Revenue: ₹189 crore
Total Investment (Including Land & Construction): ₹89 crore
Net Profit: ₹100 crore
5. ROI Calculation
Net Profit: ₹100 crore
Initial Investment: ₹30 crore
ROI Percentage: (Net Profit / Initial Investment) * 100 = (₹100 crore / ₹30 crore) * 100 = 333%
Investment Proposal
We are seeking an investment of ₹300,000,000 to fund this expansion. We offer three attractive investment options:
1. Equity Option
Equity Offered: 20% stake in the expanded Harmony Meadows project
Benefits: Participation in long-term capital appreciation and voting rights.
2. Hybrid Option
Interest Rate: 10% per annum, paid quarterly
Equity Offered: 10% stake in the project
Benefits: Steady income stream from interest payments and ownership stake.
3. Profit Sharing Option
Profit Sharing: 25% of annual net profits
Benefits: High returns aligned with project profitability and annual dividends.