Attebele Project Joint Development Terms

Site for the proposed project is located at 25 Balagaranahalli, Attebele, Hobli, Anekal Taluk, Bangalore. Proposed site for joint development is 16500 sft.

Joint Development Proposal for the land owner

Proposed Land is measuring 16500 sft i.e. 1532.9 sqm and falls under the Jurisdiction of Bangalore Metropolitan Region Development Authority (BMRDA) and this area is defined as moderately developed area i.e. type B, following the By-laws given in BMRDA Act maximum Floor Area Ratio(F.A.R) for site measuring more than 1000 sqm can be taken as 1.75 in moderately developed areas. Taking F.A.R into consideration we arrive at following conclusion; Land Area F.A.R Super Built Up Additional Floor Area 16500 sft 1.7 15% more than floor Area

30% Above Super Built up 28050 Sft

Super Built Up

Super built up including Additional (Saleable) Total No. of Flats; 850 & 925 sft

32257.5 Sft

41934.75 Sft 850 sft-24 Nos 925 sft-24 Nos

Maximum number of flats that can be accommodate here are 48; 24 each of 850 sft and 925 sft in Ground plus three building.

Cash flow of the Project

Revenue (Rupees) Saleable Area Selling Price Revenue from saleable area Car Parking Charges Total Car Parkings 41934.75 sft 2000 per sft 83869500 48-Nos

150000 per car parking 7200000

Revenue from car parking

Total Revenue
Expenses (Rupees) Built-up Area-85% of saleable area Construction Cost Total Construction Cost

9,10,69,500

35644.5375 Sft 1100 per Sft 39208991 4000000 2000000 1200000

Legal & Administrative Expenses Advertisement & Promotion Architectural Consultancy

Total Expenses Net Profit Before Tax

4,64,08,991 4,46,60,509

Proposal for Land Owner:

From the above financial analysis of project, it is clear that net expected profit before tax is Rs. 4,46,60,509.

Dreamz infra is proposing you for the 33.33% share in net revenue in the form 33.33% share in total number of flats. (i) 925sft and 16 Car parking. Under this agreement you will get 16 flats, 8 each of 850sft & Refundable advance of 10lacs and Good will of 10Lacs will be given to you at the time of joint development agreement signing. parking; you can utilize this property according to your will property. property. You will be given charge of your property i.e. 16 flats and 16 car provided it should not conflict with the interest of Dreamz Infra (iv) (v) Dreamz Infra will not be responsible for marketing of your Under this agreement you will have to allow us to develop your land under joint development and help us in obtaining legal clearances from respective departments.

(ii) (iii)

(vi)

You will entitle us as the developers of your land and will give the right to start construction at any time after entering into the joint development agreement. We will handover your share in two calendar years. after construction.

(vii)

(viii)

You will not be responsible for any expenses incurred during or

As per current market price, value of your property is expected to be Rs. 3,03,53,464