Investment Analysis Serviced Apartments Sixty6 Gulberg
Investment Analysis Serviced Apartments
When the income source amnesty was announced in 2020, it was obvious that plots would be the first beneficiaries. Our research & analysis team had already concluded that the prices of plots and files in most areas would inflate and will reach their peak before the end of the income source amnesty in June 2021. In the post income source amnesty period, we will either see a correction in price or stable growth in plots which may account for only a 5 to 10% increase in price per annum.
Construction projects in comparison to plots are an evergreen market. We have seen them performing even when the plot market was down between 2016 to 2020. The construction projects have a totally different dynamic, which makes them a suitable investment in almost all kinds of market conditions. With the information at hand that income source amnesty will end in June 2021, we at Imlaak were already getting ready to gear up in 2021-2022 with some of the very best construction projects.
Keeping up with our tradition of successful investment ventures, invest in Sixty6 Gulberg and become part of our 1 Crore challenge and asset management program which offers:
- ROI that exceeds 46% Per annum.
- 10% Guaranteed rental return.
- 5 Star standard Serviced and Hotel apartments with proper kitchens.
We will take a three-tier approach to reach a logical conclusion to help you understand the right direction for your investments.
Why invest in construction projects?
A few reasons why investment in construction projects is far more important than ever before are:
- Income source amnesty on plots has effectively ended on 30th June 2021.
- Plots and files have already increased in price in 2020 and 2021 and are not expected to offer substantial returns in near future.
- The government of Pakistan has been focusing on promoting construction and especially highrise to divert investments in plots as these buildings bring a lot more economic activity than empty pieces of land.
- Construction projects started under the FBR amnesty scheme allow you to avail income source amnesty and invest undeclared money till March 2023.
- Well-planned Construction projects offer stable and higher capital gains.
- You can invest in installments making your ROI even more attractive.
Why invest in Gulberg Lahore?
Let’s find out why construction projects in Gulberg are a better option than other areas:
- Gulberg is the nerve center and downtown of Lahore, no matter in which direction Lahore city continues to develop, Gulberg will always remain as the focus of real estate investments.
- Construction projects in Gulberg Lahore have been giving more than 25% return per annum consistently even when the prices were going down in DHA & other societies from 2016 -2020.
- Luxury apartments in Gulberg offer an unbeatable rate of rental return per annum, which is far better than any other options such as commercials or houses anywhere else in Lahore.
Why invest in Sixty6 Gulberg Lahore?
Sixty6 Gulberg is a serviced apartment building, located in Gulberg III Lahore. It is a unique building offering fully furnished serviced apartments at a 10 percent rental guarantee along with a complete rental management solution. This is just the tip of the iceberg as the capital gains offered by this project outweigh the rental potential greatly during the installment/development stage.
30% cheaper than the Market
This one is a no-brainer, If you want to invest in real estate it is just common sense to invest in a property that comes at less price without compromising in quality and location. The serviced apartment price in Sixty6 Gulberg is available at a discounted price between 24000 to 26000 Per sqft which is 30% less than any other projects in the same category.
Please note that limited apartments are available at this price and the price is going to be revised soon to be comparable with the existing market price between 30000 to 35000 per Sqft.
ROI greater than 46% per annum
Keeping in mind the past performance of 25% capital gains in Gulberg, discounted present prices, and expected future trends, investment in sixty6 is expected to reach 40000- 50000 per sqft in 3.5 Years. This amounts to anywhere between 74 to 122% ROI or 31.50 to 46.17% return on investment annually.
In addition, this is an installment project thus the actual ROI can only be accounted for in the annualized form, which is even higher as you are paying the whole amount slowly over 3.5 years.
Have a look at the tables below for a better understanding:
- The first table shows the lowest and highest expected ROI after 3.5 years if you pay the 100% amount upfront.
- The second table shows annualized ROI calculated as per the lowest expected ROI of the first table.
Hotel apartments, not hotel rooms
While I do not rule out the benefits of hotel rooms, I am not a huge fan of it either. Sixty6 Gulberg is the only proper hotel apartment building in Gulberg Lahore offering a 10% rental guarantee, whereas others offering a rental guarantee at this moment are just hotel rooms. Owning a hotel apartment gives you real ownership of a physical asset that can be used as per your desire. Your reliance on the operator is minimal and therefore you can make a choice to rent it out yourself or use it personally.
Part of imlaak’s 1 Crore challange
Sixty6 Gulberg has been included in our 1 crore challenge and asset management programs. This means that once you invest with imlaak, we will manage your investment from helping you buy to helping you sell at the right times to make the best of your investments. The entire business plan is designed to be investor-friendly and highly rewarding, no matter at what stage you make an entry, the investment will give you an unprecedented return thus fulfilling our 1 crore challenge.
Hot commercial location
Location is of extreme importance for any real estate project. Sixty6 Gulberg is located at 66 D1, Sir Syed Road, this is an 80 feet wide commercial road just next to the main boulevard of Gulberg and 200 meters away from liberty market & 700 meters to MM Alam road. This is an ideal location for apartment buildings in a peaceful neighborhood and a direct approach from the main road in the middle of the commercial hub of Gulberg III Lahore.
Outstanding layout
A good building will be incomplete without a layout that makes it stand out from the rest. Sixty6 Gulberg covers this aspect in an outstanding fashion, with 24 feet wide ground lobby and reception, independent commercial units with lifts, and private corridors leading to each apartment. It is a class of its own.
Worldclass amenities
Sixty6 opens a gateway of never heard of amenities, it is an extraordinary building, designed with care. It caters to everyone, including old and retired, single men and women, young couples, families, businessmen, frequent travelers, and permanent residents with a careful selection of amenities such as :
- World-class gym
- Sauna and spa
- Infinity pool
- Rooftop garden
- Walking track
- Hair Salon
- Daycare center
- Kids play area
- Locker room
- First aid facility
- Dental clinic
- Wheelchair accessible
- Executive and meeting lounge
- Events hall
- Fiber to the home (FTTP)
- Smart home integration
- 24/7 Reception
- 24/7 Security
- Room service
- Valet Parking
- Electronic Vehicle charging points
- Car Wash area
- Drivers and maid accommodation for 32 people.
Rental management with 10% Rental Guarantee
Last but probably the most important, it offers a 10% rental guarantee on a limited number of units. This may not be applicable till the completion of the project, but if you are one of those who want to follow the “get rich for sure formula” this is the right direction.
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