Tuesday, December 30, 2008

Investment Square presents buyback offer on property purchase

Investment Square, the real estate expert advisory wing of Disha Direct Marketing Services, has unveiled a first-of-its-kind real estate investment opportunity in the form of two extremely high-potential projects: Windmill Heights at New Mahabhaleshwar and ColorScape at Kasgaon. The projects, located at two relatively-unexplored yet highly promising destinations New Mahabaleshwar near Satara and Kasgaon near Shahapur (77km from Mumbai) in Maharashtra, offer property buyers an assured 50 per cent appreciation in value in 24 months.

A Shyamsunder, CEO, Investment Square said, "This scheme will enable investors to reap high returns in future if they opt to retain the plot and at the same time guarantees a minimum return to those who opt for a buyback of the plot."

A minimum investment of Rs 3 lakh is required to book this attractive investment. All investments will be secured by a Memorandum of Understanding (MoU) on a stamp paper acknowledging the investment and duly allotting the area of land against the amount paid by the buyer. The investor would be offered a guarantee of appreciation on the stamp paper on the expiry of the duration of 24-months scheme. The company is also offering the investor post dated cheques of the amount payable on maturity.

The New Mahabaleshwar project offers plots of around 10,000 sq ft at Rs 30 per sq ft., while the plots at Shahapur measuring 3,000 sq ft each are being offered at a price of Rs 100 per sq ft.

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