Fashion business is one of the largest and most visible industries today. Furthermore, globalization has led to assimilation of disparities in historical cultures, economic levels, standards of living and political freedom of different countries leading to reinvention of lifestyles, concerns and consumption of practices. Global fusion today has created immerse business opportunities for the Fashion Design Industry.
The Fashion Technology Park is a response to the opening up of the global fashion market, which would entail India streamlining & synergising its talent and resources in the field of fashion, textiles and garments. Upcoming Asia's First & unique on the globe, Fashion Technology Park comprises Business School of Fashion, The Knowledge Center, Industrial Zone, Residential Zone, Retail and Entertainment Zone, Amphitheatre; the designated empowered committee under the Chairmanship of Chief Secretary, Government of Punjab, has duly approved the project. Ministry of Housing and Urban Affairs and Industries Department, similarly all necessary NOC ‘S and Licenses needed for the project have already been obtained & have issued all the necessary notifications. The Park will be nestled in a ! 14 acre plot in Sector-90, S.A.S Nagar Mohali in the periphery of Chandigarh. The entire projected is being promoted by Chandigarh Overseas Private Limited (A Green Field Ventures Group).
The industrial zone in the park is the state-of-the art infrastructure to meet the specific requirement of fashion design studios. Registration is opened for the allotment of the Industrial Zone of Fashion Technology Park. FTP invites Expression of Interests from Fashion Stylists & Designer Studios , Textile Manufacturers. The faci! lities offered in the Industrial Zone of the Park will suit companies of every magnitude domestic, international, global and multi nationals. The floor area ranges from 1000 sq. ft. to 1,00,000 sq. ft. To involve small investors and to provide them excellent appreciation and permanent monthly income company have further divided area into the denomination of 100 sq. ft. per unit. Presently such 1400 units have are being marketed. Investment is designed in such a fashion that small investor can get at lease rent 6,000 to 7,000 per month after allotment of his premises i.e. after 30 months of booking.
BENEFITS TO THE INVESTORS
Minimum area for investment is 100 sq. ft.
Minimum investment needed Rs. 5 lakh.
If in 30 months value does not appreciate then investor will be given guarantee of 20% buyback.
Investor is assured for the monthly lease rent income, as according to the agreement investor have to authorize his unit to lease to Greenfield Realtors Private Limited, a group company of promoter.
Initially one needs only 10% of total amount to book the property, rest of the payment will be made as per payment schedule.
Financial facilities are available through ICICI, HDFC & ANDHRA BANK.
If possession is not given in 30 months then there is provision for the payment of penalty to investor @ Rs. 50/- per month, per sq. ft.
The Punjab Govt. has given exemption from payment of stamp duty and registration fee on first sale/transfer of developed infrastructure.
Other benefits are clearly mentioned in the application form and memorandum of agreement.
Please feel free to write us for further details of the Project.
INDUSTRIAL ZONE
The fashion design infrastructure will consolidate the Fashion Design Industry with intellectual inputs, human resources, market information, trends and forecasting etc. all of which are coming together in the Fashion Technology Park.
The intelligent building concepts are integral to every component of t! he Park. This will enable dynamic networking of every dimension within the Park, internally as well as globally through the dedicated Information Technology Infrastructure.
The Industrial Zone comprises of design studios, testing & sampling labs and custom bonded warehousing. The Industrial Zone will house nationally and internationally recognized fashion design houses.
The facilities offered in the Industrial Zone of the Park will suit companies of every magnitude domestic, international, global and multi nationals. The floor area ranges from 1000 sq. ft. to 1,00,000 sq. ft.
SALIENT FEATURES
The Spaces in the industrial zone have been planned at the center of the park. These face a beautifully landscaped central plaza containing an amphitheater. The amphitheater along with galleries, design studios and workshop spaces would provide a platform for cross cultural exchanges. These exchanges wi! ll create the flavor and ambience of a global village.
The Retail Infrastructure, Exhibition Hall, Conference facilities and the Bonded Warehouse around the Plaza will position the park as a destination for International Trade.
FEATURES AT A GLANCE
A-Class construction
Intelligent Buildings Technologies based management
Custom Bonded Warehouse
100% Power Back up 24x7
Rain Water Harvesting
Fiber optic cable networking for voice & data transmission
