Manali is an important hill station of northern India and is the destination of thousands of tourists every year. Its cool atmosphere provides a perfect haven for the ones afflicted by the hot Indian summers. Manali is also famous for adventure sports like skiing, hiking, mountaineering, paragliding, rafting, trekking, kayaking, and mountain biking. Manali is the only organized hill station of the North from where you can drive to snow covered peaks within 10-50 minutes – all the year round (Rohtang pass)
Phase-I is ready, position/Registration completed.
Exiting member and desired applicant can go and live there and spend time in the society
Cost of Flats
700 Sq Ft – 15 lakhs - for 1 bedroom + drawing + 1 bath + kitchen.
1500 S1 Ft - 29 lakhs - for 2 bed room + drawing + 2 bath + kitchen.
Floor Plans
Available in the downloadable E-Brochure.
Inclusions
Roof top Glass restaurant.
Common servants quarters on Ground Floor.
Health club, covered car parking and Gym
PLEASE NOTE THAT THESE ARE FULLY FURNISHED HOUSES AND THE COST IS ALL INCLUSIVE
PAYMENT PLAN
Phase -2
Sl. No.
Size
Cost
Configuration
Availability
Status Of Registration
01
700 Sq Ft
20 Lakhs
1 BHK
No
Vacancy
Closed
02
700 Sq Ft
15 Lakhs
Studio Apartments
Available
Open
Phase-1
03
1500 Sq Ft
40 lakhs
2 BHK
No
Vacancy
Closed
PAYMENT SCHEDULE
Project started - 3 years ago. Phase -1 (Double Bedroom Apartments), is complete, ready and Phase –II (Single Bedroom apartments) is now fast approaching completion. Likely completion of Phase-II is mid 2010.
Payment Plan for double bedroom apartments: -
Total Cost - 29 Lakhs
5,00,000 on registration
50% within 1 month
50% within 2 months
Registration already being done. Member can go on 3 days notice and get the flat registered in his name.
Payment Plan for single bedroom apartments: -
Total Cost - 15 Lakhs
5,00,000 on registration
(5 Lakhs) within 1 month
(5 Lakhs) - within 2 months
Possession & Registration by mid 2010.
Additional Charges for 3rd (Top) Floor - 2 Lakhs
Additional Charges for 2nd (Middle) Floor - 1 Lakhs
Allotment of Floor at the payment of 50% the cost
*All members are requested to pay stricktly as per schedule since project is scheduled for completion within next 30 days.
REGISTRATION
For Himachalis - Property will be registered as free hold.
For Non- Himachalis - Property will be registered initially as lease hold and then converted to free hold. All procedures will be carried out by GOWO.
ROI
The project started 3 years ago. The RWA has been formed. One block of 2 Bedroom apartments is fully ready. Officers have got them registered in their names. Some families have started living there.
Once the project is completed by, GOWO will assist the RWA in generating returns from this property by renting it out to tourists.
We are already in talks with a few hotels, and travel companies, so that these apartments can be used as a resort / serviced apartment complex.
All members of this scheme will be automatic members of all societies that GOWO makes in future. Next we are looking at Simla / Kasauli, / Ranikhet, Nainitaal & Mussoorie.
APPLICATION PROCEDURE
Download application form from the web site.
Send the application form duly filled up along with DD for 50,000.00
Please pay 4 Lakhs within 30 days of application.
General Rules of GOWO shall apply.
Please send only drafts in favour of “GOWO”
Please send through registered post only to the mailing address of GOWO.
Receipt of registration amount shall be forwarded to applicants on their postal / mailing address.
* Members can Plan their visit on completion of the payment for taking over possession and registration from 1st July, 2010.
