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Sandal Suites, Expressway Noida4 Star Level “Serviced Residences” Chain Coming up in 25 Major Cities across India
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Introduction
Market Research
Location
Master Plan
Interiors
Deluxe & Premiere Suites - 3D Views
Floor Plans
Project Highlights
Investment Opportunity
Delivered Projects
Contents
Introduction
Market Research
Location
Master Plan
Interiors
Deluxe & Premiere Suites Views
Floor Plans
Project Highlights
Investment Opportunity
Delivered Projects
Contents
Sandal Suites, Expressway Noida
4 Star Level “Serviced Residences” Chain Coming up in 25 Major Cities across India
First of its Kind Project at Sector 135, Noida Expressway
Part of a 14 acres Business Park
Based on the successful concept of Cabana Serviced Residences, Indirapuram
A unique model, wherein customers are the owners of the Suites and also get attractive returns on their investments, while Assotech manages and runs the complex
Promoted and Developed by Assotech Realty Pvt. Ltd.
Sandal Suites, Expressway Noida
Opportunity to be a part of our BusinessWith the percentage of Corporate Travellers increasing to as good as 53% in the Hospitality Industry, the resulting ARR (Average Rack Rate) has also gone up. Based on Market Research, today one of the most attractive investment opportunity in the Indian Real Estate sector is investing in Serviced Residences. A perfect blend of Growth in Real Estate Asset and Operational Monthly Returns of 30-35% in a short span of time.
Assotech Realty Pvt. Ltd, being leader in serviced residences, is expanding their operations in improvised category to 4 star level by the name of “Sandal Suites” being launched in 25 major destinations in India, some include NCR, Mumbai, Ahmedabad, Hyderabad, Pune etc.
We invite you to become a partner in our business at a very notional investment.
Introduction
Market Research
Location
Master Plan
Interiors
Deluxe & Premiere Suites - 3D Views
Floor Plans
Project Highlights
Investment Opportunity
Delivered Projects
Contents
Market Research – NCRAccording to a leading IPC’s latest Market Survey Report
2010-13, the Indian Hotel Room Market for 10 Major Cities is Estimated to Grow from Rs. 74 Bn to Rs. 119 Bn translating to a 17% CAGR
The Market Size of the NCR Market estimated to Rs. 28 Bn in 2013. Due to strong commercial catchment and major IT companies, Noida is becoming an important destination for mid/high-end Business Suites.
NCR witnesses a year round inflow of business and tourist travelers and they are segmented as follows:a.Corporate Travelers – 47% b.Leisure Travelers – 20%c.Others – 33%
With better roads, expressway, DND and metro connectivity in Noida, is fair to assume the demand of the mid/upscale business suites to increase significantly in the next 3 years
Market Research – NCRAccording to a leading IPC’s latest Market Survey Report
Room Category and Avg. Rack Rates
It is interesting to note that the average occupancy rate for financial year 2009-10, remained around 85% while peak season occupancy touched more than 90%
Room Category Average Rack Rate
Upscale Mid Scale Economy
Premium 29,84412,125 5,798
Deluxe17,773 9,375 5,748
Standard13,745 7,977 3,873
Serviced Apts vs. Studio Apts
Serviced Residences/Apartments Studio ApartmentsHospitality /Commercial Product Residential Product
Has all the facilities that are offered by a Hotel such as Central Air-conditioning, House Keeping, Room Service, Business Centre, Board Room, Conference and Banqueting, Concierge and Travel Desk, Laundry Service, etc.
No additional features over & above a Residential Block
Always fully furnished with in-room Gadgets (Microwave, Refrigerator, DVD Player, EPABX, etc.), Soft Furnishings (Linen, Curtains, etc.) and Crockery/Cutlery
May or may not be Furnished
Backed by facilities such as Restaurants, Coffee Shops, Gym and Spa, Swimming Pool
May or may not have all these facilities
Additional facilities/services include electronic safe, movies on rent, daily newspaper, Iron and Ironing Board on request, Doctor on Call, etc.
No such facilities/services are available
Moreover, the above Services are backed by operational infrastructure such as a back-office, manpower (kitchen, house-keeping, security) and equipments to run the serviced apartments facility
Not backed by operational infrastructure, once handed to the customers, its becomes like a residential building.
The above facilities improves the rental income by 5-10 times than studio/residential apartment. And it gives better returns than a commercial product
Typical Residential Rental Incomes
In India Studio Apartment gets confused with a Serviced Apartment, the distinction marked below will help customers evaluate them as a
standalone product
Introduction
Market Research
Location
Master Plan
Interiors
Deluxe & Premiere Suites - 3D Views
Floor Plans
Project Highlights
Investment Opportunity
Delivered Projects
Contents
Location Map
Introduction
Market Research
Location
Master Plan
Interiors
Deluxe & Premiere Suites - 3D Views
Floor Plans
Project Highlights
Investment Opportunity
Delivered Projects
Contents
Assotech Times Square
Kalindi KunjKalindi Kunj FNGFNG
Introduction
Market Research
Location
Master Plan
Interiors
Deluxe & Premiere Suites - 3D Views
Floor Plans
Project Highlights
Investment Opportunity
Delivered Projects
Contents
Lobby Lounge
Lobby Lounge
Bar Lounge
Elevator Lobby
Elevator Lobby
24 Hour Restaurant
24 Hour Restaurant
Introduction
Market Research
Location
Master Plan
Interiors
Deluxe & Premiere Suites - 3D Views
Floor Plans
Project Highlights
Investment Opportunity
Delivered Projects
Contents
Deluxe Suite – Side View
Deluxe Suite – Top ViewDeluxe Suite – Top View
Deluxe Suite Plan
Area = 975 sqft
Premiere Suite – Side View
Premiere Suite – Side View
Premiere Suite – Top ViewPremiere Suite – Side
View
Premiere Suite
Area = 775 sqft
Premiere Suite Plan
Introduction
Market Research
Location
Master Plan
Interiors
Deluxe & Premiere Suites - 3D Views
Floor Plans
Project Highlights
Investment Opportunity
Delivered Projects
Contents
Lobby Floor
Banquet 2
All Day Dining
Banquet 1
Meeting Room 1
Lobby Area
Bar Lounge
Meeting Room 2
Typical Floor
Sky Club n Spa Floor
Swimming Pool
Club/Recreational Area
Gym
Gents Spa
Gents Spa
Ladies SpaPool Side Restaurant
Terrace Lounge Floor
BarOpen terrace for parties
Gazebo
Pantry
Introduction
Market Research
Location
Master Plan
Interiors
Deluxe & Premiere Suites - 3D Views
Floor Plans
Project Highlights
Investment Opportunity
Delivered Projects
Contents
Project Highlights Modern & Vastu Based Architectural Design and Part of a LEED GOLD Certified Green Campus
State Of The Art Ultra Modern Health Club with Spa
Centrally Air-ConditionedMulti Cuisine Restaurant, Coffee Shops, Pastry Shops & Bar
High Speed Guest Elevators & Separate Service Elevators
Room Service, Laundry Service, Common Self Laundry Facility
Double Height Guest Entrance Lobby With Entrance Porch Designed by International Interior Designer
Business Centre, Board Room, Meeting Rooms, Conference & Banqueting
Terrace Swimming Pool with Pool Side Restaurant, Club/Recreational Area
Part of Noida Expressway’s premium IT Hub sectors, home to giants like TCS, Accenture, MetLife, etc.
Introduction
Market Research
Location
Master Plan
Interiors
Deluxe & Premiere Suites - 3D Views
Floor Plans
Project Highlights
Investment Opportunity
Delivered Projects
Contents
Great Investment OpportunityWe offer you sandal suites on operational return basis.
In a simple way customer buys the individual suite and Assotech spends for other facility and runs the complex.
The total Net rental* is divided as follows:50% to customer on pro rata area basis.50% - Towards meeting running expenses, maintenance, security, wages, administration, and house keeping etc
(*The Net rental is calculated after deducting 6% Management fees to operator and 4% towards Sinking Fund)
Indicative returns at a BSP of INR 6,000/- per sq.ft and rental returns charts
Year Expected Rental per day (INR)
Occupancy Level in % Returns*
Year 1 5,200/- 75% 14%
Year 2 6,000/- 80% 17%
Year 3 6,800/- 85% 21%
Introduction
Market Research
Location
Master Plan
Interiors
Deluxe & Premiere Suites - 3D Views
Floor Plans
Project Highlights
Investment Opportunity
Delivered Projects
Contents
Windsor Park
Windsor Club
Cabana Serviced Residences
Elegante Luxury Apartments
Aspen Heights Apartments
Windsor Greens
Springfields Apartments
Tradex Tower I
Tradex Tower II
All floor plans, layout plans, figures and specifications are purely conceptual/indicative and not a legal offering. The competent authority/company/architect reserves the right to add or delete or change any detail/specification/layout/elevation mentioned, at its sole discretion, if so warranted.
*These returns are purely indicative in nature based on current market study and likely to differ as applicable during the period of return
Disclaimer
Thank You
CRC Real Estate Consultants Pvt. Ltd.K-64/65, SEC 18Noida, U.PCall US : 0120-4271300 / 400 / 500Or Mail Us : [email protected]
