Project Details:

Project Name:	Lorvens Nest
Location of Project:	Near ORR Exit-3, Patancheru, Hyderabad
Project Type:	Residential
Project Stage:	Under Construction
Towers:	Single (Phase-1)
Total Flats:	20

Invest in 'Lorvens Nest Project Series' an affordable residential apartment where Initial tower is located near Patancheru which is just 1.5KM from Nehru Outer Ring Road. A very affordable venture with a single tower, five floors and 20 flats in the tower with each of 2BHK's in its initial phase, Project has amenities like Lift, Rain Water Harvesting, Dedicated Transformer, Power Backup, Parking, Three Sides Open Sky. The project has many nearby places like Schools, Colleges, Hospitals, Movie Theaters, Parks, National Highway, Nehru Outer RingRoad and moreover many industries.

Risk Factors

Enter and Exit Risk:     Investors can Invest through an Escrow account where the funds invested can be utilized only after approval of SEBI registered Debenture Trustee. Trustee monitors timely payments to the investors and the security provided will be more valued than the investment amount so that the investors amount will be safe and there are no defaults till date from the development company for their outstanding payables. And there will be security provided to make sure the principal and interest are safe. And this security is mortgaged to Debenture Trustee.

Clear Title Risk:     We make sure the title of the land is clear with all documents and permissions in place. A third party legal advisory firm will perform due diligence for the property and our process of association with asset starts only after getting clearance report from respective legal advisory firm.

Compliance Risk:     Project Details, Investors Details and All permissions will be submitted to the Ministry of Corporate Affairs, Legal Counsel and SEBI Registered Debenture Trustee. Legal Counsel and Debenture Trustee will make sure all the documents, compliance, MCA reporting and progress is in place from time-to-time.

Financial Risk:     Developers make sure to maintain proper cash flows. And to secure investors' investment, developers are developing affordable ventures where few investors' funds are assigned to small projects so that it will be easy for project completion and exit successfully. Developers are also partnering with other financial firms to make sure to have sufficient funds in completion of the project.

Execution Risk:     The project is in the process of approvals from local development authorities. All legal checks and construction quality checks, land checks will be done by Independent Legal Firms and Development Partners. And they will be submitted to Legal Counsel for due diligence.

FAQ's

Q) What is the Debenture?

A) A long-term security yielding a fixed rate of interest, issued by a company to an individual(Debenture Holder).

Q) Who is the Debenture Holder?

A) Any Individual who holds Debentures in a particular company is called Debenture Holders.

Q) Who can become Debenture Holder?

A) Any Individual resident of India and age 18+.

Q) Who is the trustee?

A) Trustee is an organization which is recognized by SEBI appointed to secure the funds of Debenture Holder.

Q) What is ROC?

A) ROC means Registrar of Companies. The Registrar of Companies is an office under the Indian Ministry of Corporate Affairs that deals with administration of the Companies Act, 2013, The Limited Liability Partnership Act, 2008, The Company Secretaries Act, 1980 and The Chartered Accountants Act, 1949.

Q) What is SEBI?

A) Securities and Exchange Board of India Securities and Exchange Board of India (SEBI) is a statutory regulatory body entrusted with the responsibility to regulate the Indian capital markets. It monitors and regulates the securities market and protects the interests of the investors by enforcing certain rules and regulations.

Q) What if the Debenture Holder wants to cancel in between agreed duration?

A) Debenture Holder can Redeem after 12months.

Q) What is a Debenture Certificate?

A) They are a certificate of debt, with the date of redemption and amount of repayment mentioned on it. This certificate is issued under the company seal and is known as a Debenture Deed.

Q) Can Debenture Duration be increased?

A) Yes, it can be increased upon mutual consent of the company and debenture holder by passing a new resolution.

Q) What is the Minimum Value that Debenture Holders can invest?

A) As of now, the minimum ticket size to invest is INR 10,00,000 per Debenture Holder.

Q) How is the Debenture Holder secured?

A) A SEBI registered trustee will be appointed to secure the risk of Debenture Holders Investment. And an Asset will be mortgaged to the Trustee. In case of any default from Debenture Issuer, the trustee will liquidate collateral and disburse amount to Debenture Holders.

Q) How can Debenture Holder infuse investment?

A) Through Cheque, NEFT, RTGS transfer.

Q) How Debenture Holder will get monthly interest?

A) To His/Her bank account through IMPS, NEFT, RTGS.

Q) What documents/details are needed from the Debenture Holder?

A) Pan Card, Aadhar Card, Address Proof, Email-ID, Mobile Number.

Q) What is the frequency of interest payment?

A) Monthly.

Q) What is the duration of the Contract period?

A) 36-Months.

Q) On which date monthly interest will be paid?

A) 10th day of every month.

Q) When is the principal amount paid?

A) At the end of contract period. I.e 36th month.

Q) Are there any hidden charges while investing?

A) No Hidden charges.

Q) Are there any taxes applicable?

A) TDS (Tax Deducted at Source) is applicable as per norms.