Tiger of Mysore

Mysore - this heritage city needs no introduction. One of the most peaceful, cleanest and friendliest cities I have ever come across in India. With the 10-lane Bangalore-Mysore expressway going to be fully functional, Mysore is emerging as the commercial capital of the state. It will be our honor and pleasure to launch our first project in the heart of Mysore under a very unique collaborative model facilitating a win-win for all. We welcome the early bird investors to benefit out of this one-of-its-kind golden opportunity.

Magnanimity of Aleem Sab

Proposal from people of Mysore to get a few projects started based on Halal Housing scheme has been active for quite some time. I was in serious talks with my mentor and developer of Eden Gardens, Mr.Aleem Sahib (7760391401). He has some premium plots in his layout Eden Gardens, Rajiv Nagar that he was willing to offer to do apartment projects. When the discussion is still on, the proposal for the TilakNagar property came in through another good friend of mine, Br.Tousif (9534415297).

We had to choose between the two properties - RajivNagar or TilakNagar, where to start the project first. So, I spoke again to Aleem Sab as to which one to select first. Without any hesitation, he asked me to immediately take up the TilakNagar project, even putting his own property to take the back seat. I was humbled by his magnanimity and gesture. By getting a few projects started in his own layout, he would have got a much greater appreciation. But this gentleman preferred to benefit the community first than his own self. Hats off to Aleem Sab. You are a true leader!!

But once we successfully complete the booking for our TilakNagar debut project, our next step would be to pick up a few of his plots in Eden Garden and start our projects there. It is one of the finest layouts we can see in the entire Mysore. Undoubtedly, Aleem Sab has put his heart and soul into the development of this layout. I have been associated with him for the last seven years and he is a truly inspiring personality. Here is a quick video of his layout in RajivNagar, Mysore and it's all sold out like a hot cake and he is holding only his share.

Location Details

• Hardly a kilometer from Mysore Central (4 mins ride)
• 450m from Farooqia Dental College and Hospital (1 min ride)
• Just 1.6km from Railway Station (6 mins ride)
• 3.0km from Mysore University and bunch of institutions (7 mins ride)

Property Details

It is an ancestral property belonging to Mr.Syed Jabir Hassan, originally built during the time of the British, almost 100 years old. The total extent of the land is 10,250 square feet with an 18 feet approach road from the main road. We will be soon entering into a Joint Development Agreement (JDA) with the landlord in order to develop the property. The current property value is approximately 6.00 Crores (@ Rs.6000/- per sq. ft) and the landowner has accepted for a sharing ratio of 30:70, with an upfront payment of 1.30 Crores in order to clear some of his debts. Here is the picture of the existing Bungalow.

Project Details

The plan is to have a total of 40 units - 8 units per floor into 5 typical floors, with the entire stilt floor for car parking. All units will be 3-BHK with an average super built-up area of 110 sq. ft each. The price per square feet will be Rs.3699/- per square foot. Remember, this is only the pre-launch price.

Note: The total cost is divided by the number of units that comes under the developer share.

Floor Plan

Here is the downloadable version of the beautiful floor plan made with lot of efforts by our architecture team. We have made all the units as spacious 3-BHK with ample lighting and ventilation. All units in a floor are connected with a single lobby consisting of two elevators and a wide staircase. Most of the bedrooms are with an attached toilet to provide maximum privacy.

You may also try to open this link on your browser https://bit.ly/mys-floor.

Financial Model

The total cost of the flat has to be paid in the following manner under the non-interest based Halal Housing scheme. We will ensure principal security for the investment and it is an attractive offer.

• Booking amount of Rs.1,50,000/- will be adjusted against one covered car parking. The car parking plan will be shared later.
• The first payment 0f 36% to be paid in the name of the company in charge of executing the project. We will share the details later. We will be entering into the sale and construction agreement at the time of making this payment. The investor will get at least a month's time to mobilize this amount from the date of executing the Joint Development Agreement.
• The remaining payment in the form of non-interest based EMI spread over a period of 36 months from the beginning of the project. The project duration will be approximately 36 months (3 years) from the start. Flat registration will be done post completion of payment.

Best Investment Opportunity

With an initial investment of only 36% and the staggered payment over a period of 36 months, the investor can get a minimum return of 2.0X in the form of asset realization. The rental potential is also quite high with the rental of at least Rs.30,000/- for a 3-BHK flat in that area which is 10% Return on Investment, Year on Year. Overall this will be a very safe asset based investment. This project is not only for the people who hail from Mysore, but also for those who are aspiring to settle down in Mysore.

Just to reiterate, we purely work on a first-come-first-served basis. We solicit, inquiries and bookings from people who are really serious and who can sense the real potential investing in this project / model. If you have any doubts, please feel free to call any of the numbers mentioned in this article - Myself, Aleem Sab or Mr.Antony (78292 75250).

How to Enroll?

We will keep the whole project pretty transparent right from day one with the income and expenses shared with all the stakeholders. All the members who would wish to be part of this project will have to join a WhatsApp Group by clicking on this link...

We strongly encourage you to visit the location with your family this Sunday to get an idea of the land and also meet the landowner Mr.Syed Jabir Hassan. He is a fantastic person and will show the best hospitality that's very unique to the people of Mysore.

You may also get in touch with our Investment Coordinator, Mr.Antony (78292 75250) in case of any doubts or clarifications. He will be very glad to answer your questions. He is also planning to be there at Mysore coming Sunday to coordinate things and also taking the booking from our early bird investors who will be fortunate to become part of this project.

Promoters' Club

Off late, we are not doing any projects without the involvement of the members of our elite club called Promoters' Club. This is an ecosystem to promote a healthy and productive environment not only to promote our projects but also make the members to earn a decent lively hood by referring their friends and relatives to become our customers. The members of the promoters' club are entitled to get at least 1% as the promoter incentive and it will be given to them as soon as the Customer gets on-boarded into our project.

About Halal Housing

Halal Housing provides affordable housing to the middle class families under the non-interest based EMI scheme. So far we have delivered close to 20 projects of various sizes in Bangalore alone. Now we are fast expanding to other major Indian cities as the demand for housing under this scheme is huge.

Our pricing is at least 25% lesser than the market value without compromising on the quality of construction and other standards. Under our scheme the customers are supposed to pay 40% at the time of beginning of the project and balance over a period of 2.0 to 4.0 years (depending on project) in the form of non-interest based EMI.

Yours Truly, Ahamed Hasan, Convener, Halal Housing, +91 9880 800 488