SUVILASsuvilasproperties.com/download/Suvilas Smart Information Manual.pdf · ABOUT UDS 62 What is...

8
Quality at work WE ARE CHANGING THE IMAGE OF CONSTRUCTION IN INDIA 100% European Construction Standard Company A N I S O 9 0 0 1 : 2 0 0 8 C E R T I F I E D C O M P A N Y SUVILAS IS THE FIRST INDIAN REAL ESTATE AND PROPERTY DEVELOPMENT COMPANY TO FOLLOW % EUROPEAN CONSTRUCTION STANDARDS FROM SYSTEM FORMWORK TO FINISHES. LUXURY REAL ESTATE AND PROPERTY DEVELOPMENT COMPANY SUVILAS SMART INFORMATIONAL MANUAL BY BEING AWARE OF THESE ANSWERED QUESTIONS, YOUR INVESTMENT WILL BE % SAFE WITH SUVILAS. “KNOWLEDGE IS POWER. INFORMATION IS LIBERATING. EDUCATION IS THE PREMISE OF PROGRESS, IN EVERY SOCIETY, IN EVERY FAMILY.” KOFI ANNAN www.suvilasproperties.com

Transcript of SUVILASsuvilasproperties.com/download/Suvilas Smart Information Manual.pdf · ABOUT UDS 62 What is...

Quality at work

WE ARE CHANGING THE IMAGE OF CONSTRUCTION IN INDIA

100%European

ConstructionStandardCompany

ANISO

9001:2008 CERTIFIED

COMPA

NY

SUVILAS IS THE FIRST INDIAN REAL ESTATE AND PROPERTYDEVELOPMENT COMPANY TO FOLLOW 100% EUROPEAN CONSTRUCTION

STANDARDS FROM SYSTEM FORMWORK TO FINISHES.

LUXURY REAL ESTATE AND PROPERTY DEVELOPMENT COMPANY

SUVILAS SMART INFORMATIONAL MANUAL

BY BEING AWARE OF THESE 106 ANSWERED QUESTIONS, YOUR INVESTMENT WILL BE 100% SAFE WITH SUVILAS.

“KNOWLEDGE IS POWER. INFORMATION IS LIBERATING. EDUCATION IS THE PREMISE OF PROGRESS, IN EVERY SOCIETY,

IN EVERY FAMILY.” — KOFI ANNAN

www.suvilasproperties.com

SUVILAS IS THE FIRST COMPANY TO FOLLOW100% EUROPEAN CONSTRUCTION STANDARDS IN INDIA

WE ARE CHANGING THE IMAGE OF CONSTRUCTION IN INDIA

SI.NO CUSTOMER CONCERNS CLARIFICATIONABOUT THE LAND

1 Proposed project land ownership details? All the land proposed for development is fully owned by the Suvilas Group.

2 Who carried out the legal clearances onthe proposed land?

YUP Law Associates carried out the legal clearances. Contact: [email protected] | [email protected]

3 Is there any dispute or litigation over theproposed land pending before any court oflaw?

No

4 Is the proposed project land area in linewith all documentation?

No

5 Why is the land area not in line with thedocumentation?

A portion of the land has been acquired by the Government for road widening scheme.

6 Will there be any obstruction to theproposed land from the road wideningscheme?

No

7 Has any funding for the land or projectcome from a bank, financial institution orany private investors?

No

ABOUT LOCATION

8 Where is the development located? The project land is located towards the North West of Bangalore:No. 15/2, Royal Street, Mydarahalli Village, (BBMP Ward No. 12)

ABOUT THE PROJECT

9 What is the width of the road in front ofthe proposed project? 40 feet

10 How many approvals are required for thisproposed project?

10 approvals are required for the project: BWSSB, BESCOM, AAI BIA, BSNL,HAL AIRPORT, KSPCB, FIRE FORCE, MOEF/SEIAA, BDA and BBMP.

11 Have you obtained all the necessaryapprovals before launching the project? Yes

“KNOWLEDGE IS POWER. INFORMATION IS LIBERATING. EDUCATION IS THEPREMISE OF PROGRESS, IN EVERY SOCIETY, IN EVERY FAMILY.” — KOFI ANNAN

BY BEING AWARE OF THESE 106 ANSWERED QUESTIONS, YOUR INVESTMENTWILL BE 100% SAFE WITH SUVILAS.

SUVILAS SMART INFORMATION MANUAL PREPARED ON 18-12-2014This smart information manual has been prepared for you by Mr Sunil Chowdary of theSuvilas Group, with the aim of fully informing clients about his company and the values we uphold. By sharing this detailed information with the general public, he aims tochange the way business is conducted and properties are purchased in the Indianmarketplace for the better.

SUVILAS ROYAL GARDENIASMART INFORMATION MANUAL

12 Do any further approvals need to be obtained after commencing the construction of the project?

Yes. The Commencement Certificate has been obtained.

13 At what stage will the CommencementCertificate be obtained?

The Commencement Certificate should be obtained after the 10 above-mentioned mandatory approvals are obtained and must be acquired beforethe first basement slab is cast.

14 What will happen if the developer doesnot obtain the Commencement Certificate?

Without a Commencement Certificate the developer cannot complete thedevelopment.

15 Are there any more approvals necessary tosecure after the Commencement Certificatehas been attained?

Yes. We will require an Occupancy Certificate.

16 What is an Occupancy Certificate? Andwhen can an Occupancy Certificate begranted?

When the entire project has been completed in accordance with the sanctionplan, we will invite the relevant authorities to inspect the development. Oncethey ascertain that the project has been executed to the specifications of thebuilding plan, they will issue the Occupancy Certificate.

17 Have you obtained certified copies of allthe above-mentioned approvals under theRTI Act for this project

Yes

18 What is the advantage if we have certifiedcopies which we have obtained under RTI

Genuinity of approvals

19 What is the FAR you can achieve based on the road width?

2.25

20 Is the FAR achieved based on physicalmeasurement of the land?

Yes

21 Has the project been approved by a bank? Yes. 8 Nationalized and Private banks have approved the project.(SBI, HDFC,ICICI, Axis Bank, Deutsche Bank, India Bulls, DHFL, LIC Housing Finance Ltd.)

22 What is the advantage if the bank hasapproved the project

After thorough scrutiny of the project land legal papers by the bank advocatesthe project will be approved, if there are any litigation or disputes pendingbefore any court of law project will not be approved by the bank.

23 How many floors have been approved? There will be 10 floors in total: a basement + ground floor + 9 floors.

24 How many units have been approvedaccording to the building plan?

There will be 72 units.

25 How many car parking spaces have beenapproved according to the building plan?

There will be 148 car parking spaces.

26 How many car parking spaces will be allocated to each unit?

2 covered car parks per unit.

27 How many car parking spaces will beallocated for visitors to the property?

08

28 What is the total FAR achieved accordingto the plans?

196054.74 sqft (2.25%)

29 Is there any additional FAR achieved? Yes 5%, 9802.74 sqft

30 What is the total FAR achieved, includingthe additional 5%?

205857.48 sqft (2.36%)

31 Is the additional FAR achieved permissible? Yes, under BBMP Building bylaws 2003 approved by the Government in ordernumber UDD/223/MNU/2001 dated 21/2/2004.

ABOUT THE CLUBHOUSE

32 How big is the clubhouse 13,189 sqft

33 What facilities will the clubhouse offer? Concierge, Reading room, billiards, table tennis, squash, café withconvenience store, steam sauna, Jacuzzi, temperature controlled kids andadults pool, gym - cardio and weights.

34 Will the clubhouse only be available for theresidents to use? Or will non-residents beable to use the facilities?

The clubhouse will only be available to residents.

35 Will there be a charge for residents to usethe clubhouse?

No

36 Will there be a maintenance charge for the up-keep of the clubhouse?

There will be no charge for the maintenance of the clubhouse until 2years pass since the Occupancy Certificate has been issued.

37 What equipment will the clubhouse feature? 100% European Standard equipments

38 Who will maintain the clubhouse? The Suvilas Group will be responsible for the maintenance of theclubhouse until 2 years pass since the Occupancy Certificate has beenobtained.

39 Who will be responsible for the up-keep of the clubhouse after 2 years has passed from the date the Occupancy Certificatehas been acquired?

The association of residence will decide who will be responsible for themaintenance of the clubhouse after this date.

40 Would the Suvilas Group be interested inmaintaining the clubhouse post two years?

Yes

ABOUT THE CONSTRUCTION

41 Who is constructing the development? Construction of the project is to be carried out by our own in-houseconstruction team, using European standard machinery and equipment,and our own man-power.

42 What technology is to be used during theconstruction process?

We are using 100% European Construction Technology throughout theproject, from formwork to finishes.

43 What is the advantage for a customer with Suvilasusing 100% European Construction Standards?

There will be 100% accuracy throughout the construction: from the basement to the top floor.

ABOUT THE UNIT

44 No. of 3 bedroom units? 64 units

45 No. of 4 bedroom units? 8 Duplex to be located on the 8th and 9th floor

46 What is the super built up of the 3 bedroom units? 2720.79 sqft

47 What is the super built up area of the 4 bedroom units?

3456.23 sqft

48 What areas are being included in the super builtup area?

Carpet area + wall area + common area + club house area = Super builtup area

49 What is defined as a common area within thedevelopment?

Common areas will include: lobbies, lift walls, service shaft walls, andstaircase on all floors including the basement but excluding thestaircase Head room and lift machine room.

50 What is the percentage of carpet area out of thesuper built up area for a 3 BHK?

The carpet area varies from 75.53% to 75.77%.

51 What is the common area percentage of 3 BHK? 10.59%

52 What is the percentage of the wall area of 3 BHK? 7.48%

53 What is the percentage of club house area of a 3 BHK?

6.41%

54 What is the percentage of the carpet area out ofsuper built up area for a 4 BHK?

72.20%

55 What is the percentage of the common area for a4 BHK?

10.59%

56 What is the wall area percentage for 4 BHK? 10.59%

57 What is the percentage of clubhouse area of a 4 BHK?

6.41%

58 Do you have an escrow account for this project? Yes. The account details will be shared with our clients.

59 Does the unit have a servant room with aseparate entrance?

Yes

60 Are actual site pictures used in the Suvilasmarketing brochure?

Yes

61 What extra features does the project have? Home automation has been implemented in every unit, all commonareas and within the basement.

ABOUT UDS

62 What is UDS? UDS is the undivided share of actual land area.

63 What is the UDS formula? UDS formula = total site area x total super built-up area x unit salable area

64 What is the UDS for 3 BHK? 1151.74 sqft

65 What is the UDS for 4 BHK? 1463.06 sqft

STRUCTURE AND SPECIFICATIONS

66 What materials are used to build thestructure of the project?

We are using: Tata Steel (India), Lafarge (France), Basant Beaton (Germany technology blocks).

67 What type of formwork is being used forthe structure of the project?

We are using Doka Formwork System form Austria. We are the first companyin India to use 100% Doka Formwork System for the entire project.

68 What about the finishes? The entire project will be finished to comply with European standards.

69 What about the elevators? We have sources the best elevators from Hitachi( Japan) for the project.

ADDITIONAL CHARGES

70 BWSSB Rate per Sqft on SBA Rs. 37

71 BESCOM Rate per sqft on SBA Rs. 37

72 Legal fee per sqft on SBA Rs. 18

73 Clubhouse and common area maintenanceper sqft (per month Rs. 5.5/- x 24 months)on SBA

Rs. 132

VAT on construction @3.708% per sqft Rs. 926

Service tax on construction & land @ 3.708%

74 Service tax on other charges 12.36%

75 Car park charges We don’t sell car park separately, unit comes with 02 car park

76 Clubhouse deposit We don’t charge

77 Clubhouse membership As a unit holder customer is entitled for it, without any cost

78 Clubhouse maintenance deposit Builder would maintain for 02 years without deposit

79 Floor rise charges We don’t charge

80 Premium unit charges We don’t charge

81 Corpus fund We don’t charge

82 Terrace area charges We don’t charge

83 Electrical meter charges Included in the package

84 Generator and reticulated gas piping charges No

85 Home automation charges Included in the package

86 Khata charges Included in the package

87 Any other charges No

88 Any other charges after registration No

SUVILAS SELLING STRATEGIES - WE SELL ONLY ON CARPET AREA

89 Why do we sell based on carpet area? We have discovered that selling based on carpet area avoids confusion,which helps us maintain 100% transparency in our business.

90 What about other areas such as the common areas, clubhouse, car park, terrace rights and UDS?

We sell our projects based on carpet area and we execute sale deed for Superbuilt-up areas. Suvilas clients will receive rights over the carpet area of theirproperty as well as common areas, clubhouse area, car park and UDS,excluding terraces.

91 Why can’t the terraces be registered? As per the Karnataka Municipal Act, terraces cannot be sold and registered.

· Without legal clearance project approval will notbe done

· Without project approval builder cannot startconstruction

· Without legal clearance and project approvalbanks will not approve the project

· Without the bank approvals end user cannotget a bank loan

· Without the Escrow Account for the project,funds can be misused

· If any non-permissible deviation in the projectin initial stage the authority will not issuecommencement Certificate

· Without commencement certificate projectcannot be completed

· Without the Occupancy certificate power andwater connections will not be provided andindividual Khata cannot be done to the flat owners

· Without power and water flat owners legallycannot occupy the units

92 How do Suvilas sell units? We sell units as a package.

93 Are there any other charges? All charges are factored in to the price of the package so that our clientsnever incur hidden, unexpected costs.

94 What does a Suvilas package include? Each package includes: the basic cost, land cost, car park, all statutorydeposits, applicable taxes, clubhouse membership, club and common areamaintenance for 2 years and khata transfer after the registrations.

95 Will there be any extra charges for the terraces? No

96 How does Suvilas calculate the price of each unit?

We use the formula: Basic price + other charges + taxes x super built up area =unit price

97 How does Suvilas calculate the carpet area per sqft?

Unit price/carpet area = carpet area per sqft

98 What is not included in the package? Registration and stamp duty is not included in the price of the package.

99 What is Suvilas’ current and future plan andwho owns the land used for future Suvilasprojects?

The Suvilas Group has spent five years researching European constructionstandards and technology so that only the best materials and equipment is usedwithin each project. Suvilas has acquired 15 acres of land for current and futureprojects. Our second project, Suvilas Palms, will be launched late / early 2016 andwill cover 7.65 acres of land. This land is fully owned by the directors of Suvilas.

SPECIFIC PERFORMANCE CLASSES

100 When is the project set for completion? The project will be completed 20 months from the date of launch.

101 What will happen if the project is nothanded over in 20 months?

If the project is not completed on time, a penalty of Rs. 50,000 will be paid tothe home owners every month until the development is fully completed tothe project specifications.

102 Will clients be able to track the progress ofthe construction?

We will set up 24 hours live streaming of the construction, to which clients willbe provided with login details so that they may view the status ofconstruction at every stage.

103 Will there be any official documentation todemonstrate the progress of construction?

We will create a project status book which will be delivered to clientsperiodically with the aim of updating clients on construction progress.

104 When will the project acquire anOccupancy Certificate?

Prior to handing over the units to the clients, we will ensure that anOccupancy Certificate is obtained for the development.

FUTURE RESPONSEBILITIES FROM THE BUILFDER AFTER HANDING OVER THE UNIT/PROJECT TO THE ASSOCIATION

105 If the development was to incur any furthercosts such as taxes or statutory dues before theunits were handed over, whose responsibilitywould it be to pay those charges?

Any further charges would be 100% our responsibility.

106 What if any litigation arises after the unitsare handed over?

Any future litigation would be 100% our responsibility.

IF YOU ARE NOT AWARE OF THE ABOVE-MENTIONED DETAILS, CONSEQUENCES WOULD BE

WE HOPE THAT BY READING OUR SMART INFORMATION MANUAL, ANY CONCERNS YOU MAY HAVEHELD ABOUT OUR PROJECT AND OUR VALUES HAVE BEEN ANSWERED. WE FULLY BELIEVE THAT ONLYBY INFORMING OUR CLIENTS ABOUT EVERY STEP OF DEVELOPMENT, CAN OUR COMPANY TRULY BESUCCESSFUL, AND OFFER A NEW, MORE RELIABLE METHOD OF PURCHASING QUALITY HOMES.

FIRST INDIAN COMPANY

REDEFININGCONSTRUCTIONSTANDARDS IN INDIA

BELIEVE IT OR NOTSEEING IS BELIEVING, VISIT OUR SITE TO EXPERIENCE THE IMPECCABLECONSTRUCTION STANDARDS, ENGINEERINGEXCELLENCE AND SKILLED WORKFORCE

Our first Banking partnerSBI - An Indian

International banking andfinancial services company

Doka-Our first Internationalsystem formwork Partner

SUVILAS PROPERTIES PVT. LTD.CORPORATE OFFICE : No.100 (old 52), Donnabas Tower, Railway Parallel Road, Kumara Park West, Bangalore - 560 020. INDIA Ph: 080 2334 9444 SITE ADDRESS : #15/2 Royal Street, Mydarahalli, Near Abbigere, Yeshwantpur Hobli, BBMP Ward No. 12, Bangalore - 560090 Email - [email protected] FOR ENQUIRE AND SITE VISIT CALL : Santhosh: +91 9900060253 Kirti: +91 9900060254, Arjun: +91 9900044641, Akshay: +91 9900032216

AN ISO 9001 : 2008 CERTIFIED COMPANY

Quality at work

LUXURY REAL ESTATE AND PROPERTY DEVELOPMENT COMPANY

WE ARE CHANGING THE IMAGE OF CONSTRUCTION IN INDIA

100%European

ConstructionStandardCompany

ANISO

9001:2008 CERTIFIED

COMPA

NY

• Suvilas is the first Indian company to get ISO Certification even before the launch of the signature project • Suvilas Signature Project Suvilas Royal Gardenia has been rated one of Top 100 project in India-2014 by Realty Plus

evaluated by CRISIL Our project is the only project to be rated even before the project launch • Suvilas is the first Indian company to launch the Signature Project ”Suvilas Royal Gardenia” after completing 30% project

construction with all statutory approvals, bank approvals and commencement certificate• Suvilas is the first Indian company to sell the Signature Project and future projects only on carpet area basis• Suvilas is the first Indian Company to follow 100% European Construction Standards from system formwork to finishes