OXYBRICKS won 2420 SQ YDS plot in HMDA bidding on Jan 18th
OXYBRICKS won 2420 SQ YDS plot in HMDA bidding on Jan 18th
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Our 2420 square yard plot
Adjacent Venture Tripura Landmark
Congratulations to all Participants!!
Buying 2420 Sq.yards plot is something amazing!!
We did it.
Market price is 40,000.
302 Sq.yards bid is still trending at 65,000. That’s the potential of the area.
We won at 25,000 / Sq.yard
We will start selling the same at 30,000 /Sq.yard.
We will also welcome developers to give a good deal.
OXYBRICKS - fractional investment in lands and building. This is our first win!! We will lineup 100s of deals every month.
We were Ready to Bid up to 40,000/ sq.yard
WhatsApp Image 2023-01-18 at 15.18.26.pdfProvisional Sale Intimation mail from HMDA Auction
WhatsApp Image 2023-01-18 at 14.31.03.pdfIt went upto 70,000
We are opening fractional Investment in 2420 Sq.yards you can Invest/Buy as small as
4 Sq.yards
We have won Bid @25000
Market Average price is 40,000
our plot (adjacent to Tripura) hence Min 50,000/sq.yards is running price
Our Offers
Jan 19-20th : 27500
Jan 21-23rd : 30000
Jan 24-31st : 32500
Feb 1st week: 35000
Feb 2nd week: 40000
Feb 3rd week: 45000
Feb 4th week: 50000
Registration charges are not Included
OXYBRICKS is only facilitator of Fractional Investment in Real Estate
No Guarantee /promise on Growth
We charge Fee 5% + GST as processing fee
We give MOU on the name of OXYBLOCKS Partnership for your Investment & Sq. yards Bid, Maintenance and sales at the time of sale we charge 2%+GST
Transfer fee 5% fee + GST
Company Name: BRIDGITAL TPS LTD
Current Account No: 777705032077
Cust ID: 588045317
IFSC: ICIC0000008
Bank ICICI Bank
Account type - Current Account
Branch: Khairtabad Branch, Hyderabad.
Towards property Buying - MOU
Company Name: OXYBLOCKS PROPERTIES
Bank: YESBANK
Current A/C NO: 000663300007120
IFSC: YESB0000006
Branch: Somajiguda
Account type - Current Account
+3 Investors - Gopu Satish Bhabha, Ramanjaneyulu Gunda & Subba Rao V
WhatsApp Video 2023-01-20 at 13.30.52.mp4WhatsApp Video 2023-01-20 at 13.12.06.mp4WhatsApp Video 2023-01-20 at 14.19.10.mp4WhatsApp Video 2023-01-20 at 13.32.14.mp4WhatsApp Video 2023-01-20 at 13.34.33.mp4WhatsApp Video 2023-01-20 at 13.47.06.mp4WhatsApp Video 2023-01-20 at 13.45.27.mp4WhatsApp Video 2023-01-20 at 13.49.21.mp4WhatsApp Video 2023-01-20 at 13.29.56.mp4Possible Exit Options
Sell the land as-is - Tripura Landmark is our target, its an advantage for them! else respective residents society.
Divide the land parcel into 10 Bits sell
Give it to a builder for Villas or Apartment construction
Target exits in 9-12-15 and max 18 months. Target should not be read as guarantee.
OXYBRICKS goal is faster rotation of funds, quick exits to investors.
Our Investors will also play active role in getting good exits for a fee.
Q1. How the land will be divided between investors.
A. The land will belong to every investors wheter he owns 1 Sq.Yard or 100 Sq.yards.
But there won’t be any clearly defined boundaries.
Note : An MoU will be signed covering investment and sq.yards allocated.
Q2. Selling options
A. OXYBRICKS actively markets the property and find buyers, charges 2% for the service.
If one of the investors introduces buyers, he/she will get 1% as reference fee.
Q3. Profitability - Selling land as-is VS partnership with builder vs own efforts in building?
A. We will explore all options - based on the investors voting, we can take decision.
Q4. Builder option - How do we divide outcome?
A. different builders work on different ratios - we should get min 3-quotes and choose the best.
Q5. Small investors (5 sq.yards) Vs Big investor (100 sq.yards) - How profits are shared?
A. Profits will be shared in proportion to Sq.Yards owned.
Q6. Registration for all investors
A. MoU will be given to all investors, not registrations.
Q7. Lead Investor - Exit Policy
A. It is easy for small investors to exit, Lead investor or platform may show new investors.
If lead investor wants to exit, he/she has to find new buyer, till than it is hold.
Q8. Time Periods
A. Investors can decide on time periods.
OXYBRICKS as a platform will publish standadrd timelines for property-property.
Q9. If we give to builder, how set backs are considered?
A. Once builder enters, unit will change from Sq.yards to Sq.ft.
in 2420 Sq.Yards, we are expecting 17,000 Sq.ft construction.
Hence Sq.ft will be divided in proportion to Sq.ft.
After giving builder share we get X SQ.ft. The same will be shared in proportion.
Example 1 Sq.yard =50,000
For Every Sq.yard 9 Sq.ft can be constructed.
Sell the Sq.ft at 10,000 - you get 90,000.
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