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Elements by Shantilal - 2 BHK apartment for buy-new in Chicalim, Quepem - main view
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Type

apartment

Bedrooms

2 BHK

Floor

null

For buy-new RERA Terra Verified

Elements by Shantilal

Chicalim, Goa

₹80 Lakh - ₹1.60 Cr
Bedrooms
2 BHK
Area
110 - 120 sq.ft
Floor
null
Furnishing
unfurnished
Status
ready-to-move
Type
apartment

About this property

Shantilal Real Estate Services was founded by Late Shri Shantilal Tulsidas Cholera in the 1980s in a port town of Goa-Vasco-da-Gama. Back then, the concept of owning Real Estate was seldom practiced and mostly the home seekers resided in rented homes. With his ‘never say die’ and ‘the show must go on’ attitude, he persuaded people to consider owning homes and facilitated the entire home buying process. Our founder was amongst the pioneers who professionalized Real Estate marketing and foresaw a great potential in the industry.

Property Details

Basic Information

Property ID
#1127
Property Type
apartment
Listing Type
buy-new
Construction Status
ready-to-move
Possession Date
31 March 2019

Configuration

Bedrooms
2 BHK
Furnishing
unfurnished
Floor
null

Area & Dimensions

Built-up Area
110 - 120 sq.ft

Legal & Compliance

RERA Approved
Yes

Investment Calculator

Estimate your returns

5 Years
1 Yr15 Yrs
Future Value
₹1.07 Cr
+₹27.06 Lac
Rental Yield
3.0%
₹20,000/mo
Rent (5Y)
₹13.26 Lac
₹24,310/mo Yr 5
Total ROI
50.4%
~8.5%/yr
Investment Summary5 Year Projection
Initial Investment₹80.00 Lac
+ Capital Appreciation₹27.06 Lac
+ Rental Income₹13.26 Lac
Total Returns₹40.32 Lac

Projections based on 6% annual appreciation and 5% rent increase. Actual returns may vary based on market conditions.

Amenities

7 amenities available

Power Backup
Water Supply
Visitor Parking
Park/Garden
Security
Parking
Lift

Nearby Places

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Legal Clarity

Approvals & Documentation Status

Legal Compliance Score
100%
6 of 6 approvals in place
RERA Registration
Gujarat Real Estate Regulatory Authority
Verified

Approvals & Clearances

RERA Registration
ApprovedDec 2023
Building Plan Approval
ApprovedNov 2023
Environmental Clearance
ApprovedOct 2023
Fire NOC
ApprovedJan 2024
Commencement Certificate
ApprovedDec 2023
Occupancy Certificate
Approved
Developer Information
Developer
Shantilal Real Estate Services
Project
Elements by Shantilal

Legal information is based on documents provided by the developer. We recommend independent verification before making any purchase decision.

Frequently Asked Questions

Common questions about Elements by Shantilal

Yes, Elements by Shantilal is RERA approved and registered with Gujarat RERA. You can verify the RERA number on the official GujRERA website for complete transparency and legal compliance.

Locality & Market Insight

Why invest in Chicalim?

"Chicalim is witnessing transformation with premium infrastructure and seamless connectivity, making Elements by Shantilal a high-value asset for both lifestyle and investment."

The real estate market in Quepem has shown consistent growth. Specifically, Chicalim is now a preferred destination due to its proximity to commercial hubs and social infrastructure.

Area Highlights

  • High capital appreciation potential
  • Excellent connectivity to major highways
  • Proximity to top schools and hospitals
  • Growing rental demand in the neighborhood

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Down Payment

₹16 Lakh

20%

Loan Amount

₹64 Lakh

80%

Total Interest

₹69.30 Lakh

52%

₹64 Lakh
10%90%
8.5% p.a.
6%15%
20 Years
5 yrs30 yrs
Payment Breakdown
Principal: ₹64 Lakh
Interest: ₹69.30 Lakh

Total Amount Payable

₹1.33 Cr

Get pre-approved loans from

SBIHDFCICICIAxis

TerraScore™

Property Rating

82out of 100
Very Good

This property scores well across all parameters. Good investment choice!

Location
18/25
Good connectivity
Builder Trust
15/25
Builder info available
Legal & RERA
25/25
RERA Approved
Amenities
24/25
Premium amenities

TerraScore™ is an indicative rating. Always verify details independently.

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