The plan is to get together the core group of initial investors in whose name the land will be bought. Architectural model and infrastructure development will also start with the seed money. 


As of now, we are taking commitment from interested members about how much they are willing to invest. No money is to be paid now. However, based on this commitement amount, we can finalize the land purchase by consensus. Here is the current commitment matrix.

Once the project is started, individual plots will be sold and the proceeds will be used to finish the infrastructure.

Initial Investment
Depending on the land cost, it will vary a lot. The following is an estimation done for Indore/Dewas vicinity.

Head Cost
(lacs)		 Comments
Land
50 Acres		 350 Depending on the interest of initial investors and the amount of money they can invest, the location will be decided.
Fencing 5
Approach Road 10
Sales Office 5
Model, Sales Material 2
Misc 8
Total 380 To be divided among 10 initial investors.

SitePlan


Frequently Asked Questions


IMPORTANT 

ALL IMAGES DISPLAYED HERE ARE VIRTUAL. THEY ARE MEANT ONLY TO DESCRIBE THIS PROJECT CONCEPTUALLY. IT IS OUR GOAL TO DEVELOP THIS COMMUNITY ON THESE LINES, HOWEVER, IT MAY NOT BE EXACTLY LIKE THIS.



Approx Cost Per 1/2 Acre Plot
(Assuming no plot premium for simplicity)

Price per lot in
(lacs)		 Total
(lacs)
For Initial Investors(10) 5 50
For other members (50) 10 500
Total (60) 550

Surplus = 550 - 380 = 170 (Money available for infrastructure development)

As a comparison, some luxury communities are being sold in Indore for 30+ lacs for a 5000 sq ft plot.

Recurring Costs
Head Cost
lacs/year		 Comments
Security TBD
Employee Cost 3.6 4 Workers*4000 +2 Supervisors * 7000
==>30,000 * 12 = 3.6 Lacs
Common Utilities 5 Electricity cost for common lighting, water, etc. 
Property Tax TBD

Total = 10 (approx.) per year
Total per member per month = 1400/-