Purva Gainz, Bangalore – Commerical Office Space

Purva Gainz -‘first of its kind’ Commercial office space offering in Bangalore. Through this product offering, an investor can invest in a Grade-A IT/ITES office space and build an asset that can earn rental income.

Purva Gainz, Bangalore – Commerical Office Space

 purva-gainz-bangalore

Purva Gainz is now open for sale.

Purva Gainz -‘first of its kind’ Commercial office space offering in Bangalore. Through this product offering, an investor can invest in a Grade-A IT/ITES office space and build an asset that can earn rental income.

purva-gainz-bangalore-commercial-office-space

The salient features of this offerings are as follows:

 

  1. Undivided spaces [non-demarcated] of 550 Sq ft, and multiples thereof, on offer.
  2. Clients can choose to buy UDS blocks in multiples of 550 Sq. Ft. Each UDS block of 550 Sq. Ft.comes with a Car Park space allotment.
  3. Investors choosing to invest in such UDS blocks need to do so with the sole purpose of earning Rental Income and not for self-occupancy and/or leasing on their own. Clients who intend to buy space with an intention of using the same for self-use CANNOT buy these blocks.
  4. Post purchase of these UDS blocks, the space can be leased out to a tenant either by Puravankara Projects Ltd
  5. The rentals received shall be shared proportionately with all the owners on the floor proportionately after deducting the property management fee of 10% by PPL and applicable taxes.

 

Also attached

  • Cost sheet along with Payment Schedule
  • Commercial Application Form (it is mandatory to use this application form)

 

 

Bank Details for RTGS :

 

PURAVANKARA PROJECTS LIMITED – GAINZ-ESCROW-A/C
NAME OF THE BANKHDFC Bank Ltd., No. 8/24, Salco Center, Richmond Road, Bangalore – 560 025
ESCROW Account No.05230350005842
Code to be used for transfers within IndiaRTGS IFSC CODE  NO : HDFC0000523
Code to be used for transfers from abroadSWIFT  CODE : HDFCINBB
MICR Code560240022

 

 

PURVA GAINZ COST BREAKUP
ASuper Built-up Area in Sq Ft (UDS)550
Rate / Per Sq FtAmount
BBase Rate                  5,949  3,271,950Agreement Value
CWarm Shell Charges300      165,000
DProvision of Infrastructure
(Generators, STP, Water, Car Park Provision & Elecricity)
      425,000
EAdvance Maintenance for 24 Months      132,000
FService Tax on Advance Maintenance        19,800
GTotal Cost Excl SD & Regn  4,013,750
·         SD and Registration will be charged at actuals at the time of registration
·         Advance Maintenance & SD payable upon Possesion
·         All statutory charges and government levies will be charged at actuals as and when applicable
·         Breakup of Service Tax – Service tax 14% , Swatch Bharat cess 0.5% , Krishi Kalyan cess 0.5%
·         Every 550 Sq foot of Super Built up Area, shall be alloted one car parking space, at the discretion of the developer
Payment Schedule :
Activity
Booking AmountRs. 3,00,000
15 days from the booking
(minus the booking amount)
15%
45 days from the booking85%
100%

For more details Please fill the form

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