Apart from offering lucrative monetisation, the model also ensures efficient maintenance of the property and flexible agreement terms
Mumbai, August 20, 2019: St. Angelo’s VNCT Ventures (SAVV) Global, a global real-estate development company specialising in weekend homes and villas, recently announced a value proposition for its villa owners. Through partnership with Tripvillas, one of Asia’s largest Holiday Homes Rental Company, SAAV Global offers its customers the privilege to not only own a luxury weekend villa but to also utilise it as a wealth creation opportunity by way of rental returns and capital appreciation with zero maintenance costs. . As part of the association, all customers purchasing a weekend home property from SAAV Global are entitled to benefit from the association with Tripvillas.
SAAV Global was set up in 2014 by Mr. Agnelorajesh Athaide, Serial Entrepreneur and Chairman, St. Angelo’s Ventures, along with his wife Sugra Athaide and partners, Mr Nagu Chidambaram and his wife Ms Geeta Nagu, with a vision to streamline the housing challenges in the country. Driven by the objective to create quality-based, affordable designer homes that would be wealth multipliers for their customers, SAVV Global has been delighting home buyers with unique benefits like land ownership, international design and superior built quality. Their commitment to timely delivery and the superior product has been appreciated by with awards like CREDAI-MCHI award for best designer villas and Reality+ award for Best Designer Property in 2018.
Taking their commitment to creating value for customers ahead, SAVV Global has entered into a partnership with Tripvillas, world’s 3rd largest and Asia’s largest holiday home rental company, to provide lucrative monetisation opportunities for property owners. The White Villas, Kasara, located 1.2 kms away from Kasara railway station and adjoining the Mumbia-Nashik Highway, will be SAVV Global’s second project that will benefit from the Tripvillas Association. The White Villas offer ground + 1, 3BHK and a 950 sq.ft. carpet area grand homes that come with land ownership and a strong appreciation potential, thanks to the upcoming Mumbai-Nagpur Mega Expressway project. As part of the association with Tripvillas, owners of the White Villas will be able to earn rental returns on their property, which will help them to not only subsidise the EMI but will also eventually surpass it, and allow them to pay off the balance loan, almost entirely from the rental revenue. Additionally, as per the agreement, the property owners will be able to enjoy their home at flexible time frames while all maintenance, house-keeping and regular repair etc. is completely taken care by Tripvillas.
Speaking about this value creation methodology, Mr. Agnelorajesh Athaide, Chairman, SAVV Global, said, “We believe real estate acts as a dam to withhold your wealth for future appreciation and capital gains. With our association with Tripvillas, we aim at creating an ecosystem of lucrative gains for all stakeholders. As a developer, our primary responsibility is to create a quality product that is affordable and delivered in time, as per our commitment. However, as an entrepreneur with strong values based on collaboration and growth, we are always exploring opportunities where productive associations can generate mutual gains. In Tripvillas, we found the perfect partners for this vision. We hope our customers can make the best of this opportunity and enjoy a lucrative and smart manner to own and earn from their real estate. We also believe that real estate is the only sector for investment where bank leveraging creates huge benefits and the asset becomes a earning member of the family. We have all seen that the real estate appreciation over decades, becomes wealth which would have been difficult to earn in a job or a business. “
Speaking about their association with SAVV Global, Mr. Roshan D’Silva, Chairman and MD, Tripvillas, said, “We are excited to partner with SAVV Global and are delighted to add their grand villas to our portfolio of holiday and weekend homes near Mumbai. The superior construction and award-winning design of their projects allows us to offer a luxury property stay to our International clientele. We look forward to a mutually beneficial relationship with them”
Over the years, Tripvillas has grown to add to its core rental business other key businesses to serve the Holiday Home industry in Asia. These include a Software business, a Vacation Community Management Business, Property Management including brokerage and Interiors of Vacation Homes, Branded development of Vacation Communities and an Exchange Program where Holiday Homeowners can exchange their unsold nights with other Owners.
Headquartered in Singapore, Tripvillas has been significantly growing the Holiday Home industry in Asia, with an insight into the changing needs of consumers and Property Investors. Even as modern families, divided by continents and time zones, are learning to come together and re-evaluate ‘family time’ with the weekend/ holiday home getaways, Tripvillas has been passionately working to create the perfect ecosystem that caters to the new age travellers, ensuring all stake holders enjoy wealth generation opportunities. Tripvillas is backed by some of the worlds leading Angel groups and Funds and the Founder and the Management team are Majority owners of the company.
Corporate Comm India (CCI Newswire)
