Riverview Neighbourhoods

As the first project of Green Squares, we introduce 'Riverview Neighbourhoods' in Tirur. Tirur town has been continuously witnessing a rapid growth over the last few years and the demand for quality housing is overtaking the supply. Correctly assessing this need, Green Squares propose to develop a 6.5-acre facility hardly 500 meters away from the center of town. Flanked by Tirur River on one side, the site is abundant in natural beauty. Taking cue from this, Riverview neighbourhood is conceived as a Green Village, wherein independent villas are set in fully landscaped sites. The proposal is to build 42 villas with varying land and building areas. The designs of villas will confound to 5 typical floor plans available, for which nominal variation will be accommodated as per client requirement. There will be a common clubhouse, and a recreational park along the river extending to more than an acre. The amenities will include:

1. Wide blacktop roads
2. Avenue trees! green strip along roads
3. Peripheral compound wall
4. Fencing to separate sites but without front or side compound wall 5. Solar street lights
6. Common water supply system
7. Common drainage system
8. Extensive landscaping
9. Round the clock electronic security

The advantages of the location of this neighbourhood with respect to the facilities around are several. Five hundred meters away from town center, Riverview Neighborhoods is devoid of the banal elements of city living such as noise pollution, etc. Also two of the best schools in the district are in close vicinity to the site.

The project is divided into two definitive operational areas:

1. Acquisition and development of land
2. Construction of villas.

The budget allocation .for each of the two areas will be Rs. 2.5 Crores and Rs. 6.75 Crores respectively. The investment for land acquisition and development will be retrieved as individual plots are sold. The construction of houses will be done taking advance installments from customers either personally or through the banks they associate with.  Three banks have already approached Green Squares to facilitate housing loans for interested customers at very low interest rates. This sign of encouragement energizes the company to step into their second project, which will be an apartment complex in the IT capital-Bangalore.

BY the time Riverview neighbourhoods completed the investors will have an estimated return of Rs. 30,000 to 35,000 per share, consolidated for the project period. This profit is achieved at by calculating maximum project expenditure and minimum return. The dividend will be split into two parts on a 40-60 % basis; the first part will be disbursed to the investor and the second part will be reinvested in the company as further capital investment. The percentage break up for this process will be brought to 50-50 % in subsequent years.

Green Squares is planning to take up one major project each year subsequent to the initiation of Riverview Neighbourhoods.

For all further details please contact: 

Registered Office: 0494-2421315 or 3093210

Fax: (+91) 494 2421315

Managing Director: 094471-21600

E-Mail; greensquares@gmail.com


Introducing green squares' second project….

N I C E Residency
Nature . Identity . Culture . Environment

Green Squares is planning its second project NICE Residency in the premium villa sector, keeping all essences of the neighbourhood concept Green Squares proposes.
Named after the evolving values of Nature, Identity, Culture & Environment, the NICE Residency will be one of its best Neighbourhoods in its sector in the Malabar region.

Nestled in NICE Residency are 8 villas uniform in nature, planned to take all advantages of the location and the land. Programmed along the concept of neighbourhood Green Squares proposes, NICE Residency will have children's play area, common garden and as part of amenities paved roads, common water tank etc. There will be a peripheral compound wall and within the site nominal fencing and demarcation separate plots. There will not be any internal compound walls.

The location of NICE Residency is in Tirur town itself, at Annara, near Karukaattukavu Temple. In selecting the site also Green Squares has exercised its stringent acumen to give benefits for its customers in overall terms. The site is amidst a peaceful residential area, strategically located with respect to privacy and convenience. The common amenities will be handed over to the owners association after construction and after proper strategies are formed for its sustenance.

Above all, NICE Residency comes to you with the utmost essences Green Squares stands for…Trust, Quality, Value and Peace.

 

 


Copyright © 2006, Green Squares Property Developers Limited, Tirur, INDIA. All rights reserved.