9 acre at Kartikkulam for 11 lakhs per acre ( Posted:
Tue, 1 Nov 2011 )
I want to
Sell
Type
Residential land
Land area
9 acres
You are
Individual
Details
LOCATION: 1.2KM from the Mananthavady - Mysore State Highway deviating 2.7 KM before Kartikkulam town. Asphalt road up to the property and accessible by all type of vehicles.
Latitude – 11°50\'8.70\"N
Longitude – 76° 2\'7.71\"E
TITLE DEED:
Clear title deed with bank approved notary certified documents. Latest encumbrance certificates from registration department, possession certificate, tax receipt and survey sketch from Revenue department are made available.
FEATURES:
Major extent of the property is with moderate slope, ideal for agriculture, farming and construction.
North and East down slope areas are having good long view and perfect for house construction complying with Kerala Vastu aspects.
Single phase power is already drawn to the property. 3Phase is available at close proximity.
There is clear water well with abundant water.
A small water spout originates within the property and gradually widens as it flows down. A bund or check dam across this stream can create a water body. There should be good prospects for a tourism project here if the property goes to the right person. Prominent tourist attractions of Wayanad viz. Tholpetty wildlife sanctuary, Thirunelly temple and Kuruva Island are within 20minutes drive from this location. Irippu water fall of Coorge (Karnataka) is about 40minutes drive.
OFFER:
We are not the owners of this property but have a legal sale agreement with the two owners of the same family. Substantial amount had been paid as advance and we have liberty to undertake all development works to our choice. Based on these conditions we have started an internal road, peripheral barbed wire fencing and overall revamping of the crops.
Price we agreed to the owners is 9800/- per cent. There is a mediator whom to be paid 3% of the cost. We spent approximately 2Lakhs for survey, legal scrutiny and basic works done on the land.
Sale option 1: We prefer to sell the entire extent in one go for a minimum price of 11Lakhs per acre. However, partial sale option of minimum 3 acres is also welcome @ 11.25 Lakhs/Acre. Both the rates are non-negotiable.
Sale option 2: We are open for a joint venture deal. If you have enough money to buy the full extent, register the property in your name paying the exact cost. Then sign a JV-agreement with us for a win-win business deal as briefed below –
You register the property paying the actual cost.
Spend approximately 4 Lakhs for barbed wire fencing with main gate and wicket gates.
Spend 1 Lakh for the internal roads to divide the whole extent to several house plots.
Spend approximately 3 Lakhs to have a power and water distribution network throughout the property. We will immediately start some landscapes and make the property very attractive to prospects looking for house plots. You can visit our 6 projects in Wayanad, where we have proven track record in similar marketing under the trade mark name – bloomsgreenfarm.com
ECONOMICS:
Your expense on every acre of land including all the proposed development works will be less than 11.25 Lakhs. Once the property is developed in a way we propose to market as house plots, we guarantee to sell these plots @ more than 15,000/- per cent. Our business proposal with you will be – Minimum 13.5Lakhs/Acre for you and whatsoever getting above to be shared 50-50 with us.
Real Estate
