Frequently Asked Questions: INVESTORS
Investors:
  1. Who will invest in FTP?
    a. People looking for higher returns.
    b. People with the vision of business preposition.
    c. End Users from the Fashion & Lifestyle Industry.

  2. Who will be the occupants?
    The spaces in these towers will be occupied by:
    • Designers. It is important to mention here that FTP has created various linkages with existing known Designers, Fashion Design Institutes & Design houses. The place will be a Hub of National & International Designers. A fully equipped lab to process the sample & proto types is one of the main facilities to Designers. Amphitheatre of the Park will give a launch pad to young designers for their creations.
    • Retailers. The business model of FTP creates opportunity from small retail shop to global giants in the fashion industry.
    • Suppliers. They will get the opportunity to introduce the latest to the actual users (Designers) at reasonable prices.
    • Design Processing Outsourcing units in Fashion Industry to provide latest IT services for International players.
    • Transportation & Logistics operators. A great opportunity due to Bonded Warehousing facility.
    • Women Entrepreneurs will get not only finance facilities but opportunities to participate in the main stream of Fashion.
    • Manufactures can use the park as hub of designers’ & suppliers.
    • Professional Carrier- Designers who are looking for post graduation level academics & international exposures will get the support from Business School of Fashion which has tie-up with world’s first Fashion University ‘Esmod’ France.

  3. Why an investor will invest in FTP?
    • First revolutionary step to organize the Fashion Design Industry.
    • As per the recent survey the requirement of fashion community the need is to have Fashion Technology Parks on the theme of I.T Parks. Till date no step has been taken to regularize it. It’s a first one stop source for fashion industry.
    • It’s a Mega Project nestled in 14 acre area, approved by the government of Punjab.
    • First project by Hafeez contractor in the Region.
    • An integrated mix of commercial, industrial (design studios), educational & residential units.
    • Excellent connectivity nationally & internationally.
    • All the Approval are in place

  4. What are the financial Aspects of the Project from the Investor's view?
    • ROI by year 2009 i.e. after the completion of the project will be 9% onwards depending on the actual lease rates prevailing at that time.
    • Recently Greater Mohali Area Development Authority has announced an auction of 11 Acres of land with a reserve price of Rs.550 Crores. Whereas our project has not increased its basic Pre-Construction Price. Therefore, if invested today, the minimum expected ROI would be 300%.
    • Pre-leased Free Hold Property.
    • Excellent Rental returns.

  5. What is the minimum investment required?
    Investment opportunity from Rs.6.50 Lacs onwards

    • SIIP – 2008 for Rs. 6.50 lacs only
    • Full Design Studio Starting from Rs. 95 lacs only.
    • Ultra luxury 3 ½ BHK fully A/c Residences.

  6. What is the Investment Opportunity of Small Investor Invitation Programme 2008?
    SIIP 2008 on the 4th Floor of 100 sq. ft. unit at Rs. 6.50 lacs in Block A2, of the Design Pavillion.

  7. Will the possession be handed over to the investors?
    The possession letters will be handed over by 2009.

  8. Is it transferable?
    Yes, it is transferable both during construction and on completion like any other freehold property.

  9. What is ROI for the construction period?
    • The investor is guaranteed no income during the construction period.
    • Capital appreciation is very likely to occur in line with realty trends in the region.
    • The rates offered are pre construction.
    • During the construction increase in rates of 30% to 50% are proposed.

  10. What penalty does an investor attract in case he is unable to pay on time?
    In case the investor defaults on payments after paying 10% along with the application, he will be liable to pay 18% on the late payment.

  11. Is the investor assured of no price escalation during construction?
    Yes any escalations in the price of the cost of construction or for any other reason will be borne by COPL.

  12. How secure is my investment?
    • Project has been approved by the Government of Punjab as an Industrial Mega Project with all the attendant benefits.
    • Project is centrally located in the fast developing Sector 90 of Greater Mohali.
    • Incurring Rentals of 9% onwards
    • Construction is in full swing
    • Proposed 30% to 50% increase of basic rates.
    • Expected appreciation of more than 300%
    • World's first Integrated Park dedicated to fashion designer industry.
    • India's first Eco-friendly park being built as per Green Building Council, USA.
    • Positioned to create thousands of jobs & business opportunities.
    • One stop outsourcing for global designers.
    • Conceived to facilitate to garment manufactures industry in Punjab.
    • MOU with International Associations to bring the best business practices.
    • Intelligently designed buildings by the humming name of the world class architecture genius Hafeez Contractor.
    • Deliverables are being monitored by Experts of the Fashion Industry.
    • Investment opportunity is not only in Real Estate, it's in full business model prepared for the fast growing Fashion Industry.


  13. What is the cost of registration/transfer fee?
    Administration charges of Rs 10000 per transfer will be charged to cover the expenses related to the transfer. The first sale deed is exempt from payment of stamp duty as one of the benefits of the FTP having approval as a mega project. On subsequent sales the buyer will have to pay registration charges at the prevailing rates which at the moment are 9 % of the transaction value.