Indepent premium villa development_ THE SPRINGS PROPOSAL.pptx

Villa development

1. THE SPRINGS ENIKKARA INVESTOR PROPOSAL MAY 2023

2. PROJECT DETAILS TOTAL NO OF VILLAS – 29 NOS TOTAL AREA -1.92 ACRES

3. INDIVIDUAL VILLAS

4. INDIVIDUAL VILLAS

5. FEATURES OF THE VILLAS

6. INVESTMENT PLANS

7. Tentative JV Development Timeline Description Start Date End Date Duration Project Start 01.09.2023 01.03.2026 3 Years Phase I: 5 Villas 01.09.2023 01.02.2024 6 Months Phase II: 5 Villas 01.02.2024 01.07.2024 6 Months Phase III: 5 Villas 01.07.2024 01.12.2024 6 Months Phase IV: 5 Villas 01.12.2024 01.05.2025 6 Months Phase V: 5 Villas 01.05.2025 01.10.2025 6 Months Phase VI: 4 Villas 01.10.2025 01.03.2026 6 Months Tentative JV Development Timeline Key project dates are outlined below, subject to change as per JV contract signing. Total Number of Villas: 29 Period of Completion: 3 Years            THE PLOT FOR DEVELOPMENT The proposed land of 3 acres located at Enikkara in Karakulam panchayat . And is owned by the family of Mr. Peer Mohammed. THE PROPOSAL 1.92 acres of land for immediate development on JV model by IFUEX 1.14 acre for outright purchase by IFUEX for future expansion/development * Plots actual size and boundaries may vary as per survey

8. LAND DETAILS AND PAYMENT SCHEDULE       Description Amount Payment Schedule   Advance payment   Nil       Balance Payment   Rs . 2.28 Cr   Within 3 months of deed signing   Description Payment Schedule First payment   2 nd Year - 40% of total amount in four equal installments     Last Payment   3 rd year – Bal 60% of total amount in four equal installments   Land Pricing Rs . 2.0 Lakhs per cent of the proposed land Payments to Land owner 1.14 Acre Purchase 1.92 Acre Development Note : Exact figures and time will be in the JV agreement after the survey results and final discussion. Out of 29 Villas, One Villa shall be given as profit share for the prolonged payment upto 3 years

9. THANK YOU