Development

Proposal
 AKKADIAN - DEVELOPMENT FEASIBILITY

AKKADIAN Mumtaz City 7 kanal Apartment Complex (16 Floors)

1. Site Area
Site Length Total 265 FT
Site Width Total 122 FT
Building Length After Setback 224 FT
Building Width After Setback 96 FT
Site Area 32,330 SQ FT
Site Area 3,592.2 SQ YARD
Floor Area 21,504 SQ FT

Total Floors 16 B1+B2+B3+G+12

Total Construction Area 346,214 SQ FT Includes 10% mumty

Total Construction Floor Area (SQF) 346,214

2. Land Cost
Land Cost 85,000 305,338,889 Rs./SQ YARD
Transfer Fee 1 3,053,389 %
Witholding Tax 2 6,106,778 %

Total Costs Rs 314,499,056

Total Land Acquisition Cost Rs 314,499,056

3. Development Costs Rate Total

Construction Costs 7,000 2,423,500,800 Rs./ SQ FT
Architectual + Structural Drawings 17,310,720 17,310,720 Rs. 50 /SQF
Planning Approval Fees 10,386,432 10,386,432 Rs. 30 /SQF

Total Development Rs 2,451,197,952

Total Development Cost Rs 2,451,197,952

4. Other Costs Rate Total

Other Costs (% of build costs) 10 245,119,795 %
Marketing & Sales (% of sale value) 15 693,504,000 %
Recovery Costs (% of sale value) 2 92,467,200
Extra Charge for Floor Extention 20,000 71,844,444 Rs./SQ YARD

Other Costs Rs 1,102,935,440

Total Other Cost Rs 1,102,935,440

5. Sale Income Basement B1+B2+B3 (Parking) Ground Floor (Commercial) Floor 1 to 12 (Apartments)
Wastage 0% 50% 0%
Net Area (SQF) 64,512 10,752 258,048
Presale Rate 10,500 40,000 10,500
20%
Total Sale Value Rs 135,475,200 Rs 86,016,000 Rs 541,900,800
Launch Rate 11,500 40,000 11,500
20%
Total Sale Value Rs 148,377,600 Rs 86,016,000 Rs 593,510,400
Phase 2 13,000 40,000 13,000
20%
Total Sale Value Rs 167,731,200 Rs 86,016,000 Rs 670,924,800
Phase 3 14,000 40,000 14,000
20%
Total Sale Value Rs 180,633,600 Rs 86,016,000 Rs 722,534,400
Phase 4 16,000 40,000 16,000
20%
Total Sale Value Rs 206,438,400 Rs 86,016,000 Rs 825,753,600

Total Sale / Category Rs 838,656,000 Rs 430,080,000 Rs 3,354,624,000

Total Sale Rs 4,623,360,000

6. Profit
Total Land Acquisition Cost Rs 314,499,056
Total Construction Cost Rs 2,451,197,952
Extra Charge for Floor Extention Rs 71,844,444
Total Escalation Costs Rs 245,119,795
Total Marketing Costs Rs 693,504,000
Total Recovery Costs Rs 92,467,200
Total Cost Rs 3,868,632,447

Total Sale Rs 4,623,360,000

Net Profit Rs 754,727,553