Location : City Centre Sector 18, Noida
Based in the Heart of Noida in the most prime sector
Plot Size 4,333 meter
Current FAR 1.5
Free possible FAR 2
Purchasable FAR 4.5
Existing structure stands with 2 basements, Ground Floor, First Floor, Second Floor and Third Floor with 4 multiplex.
Super Built Up Area 1,20,000 sq ft
Floor Plate Sellable 30,000 sq ft
Parking basements : 2
Sale upon Renovation of Existing structure : 400 cr
after increasing FAR of 4.5 its valuation could be 950Cr.+
Approx cost of renovation of existing structure : 20-25 cr
Company Transfer possible.
Creditors Outstanding :
Unit allottees : approx 95 cr
Noida Authority : 10-15 cr
Payment Terms :
Payment 1 : 33 cr
Total 25 investors (unit allottees) have approached NCLAT and being paid off at 9% interest payment of 33 cr needs to be made to NCLAT.
Payment 2 :
Balance payment to us can be made in mutually agreed time.
The rest of the allottees who we have good terms with can be paid within the next 6 months Or they can be provided inventory somewhere else mutually agreed upon.
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