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Own a Luxury Holiday Home in Wayanad and Earn Assured Monthly Income.

Presenting a new standard in Luxury Holidaying, Dam Square by Morickap Developers in Kalpetta, Wayanad, inspired by Amsterdam Architecture and crafted with all the care and fine detailing. Invest in an apartment and we will take care of the rest, as you get monthly income. Get in touch with us to know more.

Benefits for the investors:

• Ownership of the Apartment.

• Capital Appreciation.

• Monthly Income.

• No maintenance cost.

• Personal holiday stays for the investors.

• 5 years Club Membership at Morickap Resort.

• Managed by South India's leading resort group.

 

Investor Return Chart

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MORICKAP DEVELOPERS LLP was formed in June 2016 starting with the project of Morickap Resort that was completed within a period of two years and continuing its operations in a full fledged mode.

LOCATION OF DAM SQUARE AND ITS ADVANTAGES

Away From the hustle bustle, yet close to all needs like commercial establishments, malls, supermarkets, schools, hospitals, transport, facilities etc.

  • NSS School : 0.5KM

  • De Paul School : 1KM

  • Petrol Pump : 1KM

  • Cosmo Club : 0.1KM

  • Leo Hospital : 1.5KM

  • Kalyan Silks : 1.8KM

  • Jam Joom Hyper Market : 2KM

  • Nesto Super Market : 0.9KM

  • Kendriya Vidyalaya : 3KM

  • Bus Stand : 1.8KM

  • Morickap Resort : 10KM

ARCHITECTURAL CONCEPTS OF DAM SQUARE

Inspired by Amserdam Architecture. Elevation of apartment resembles architecture from Amsterdam Streets. Interiors and the material used is highly luxurious and provide best in class comfort.

TOTAL AREA UTILIZED FOR

  • 70 cent of land 

  • Apartment  - 40 cent

  • Villa - 30 cent

  • Villa Sqft 2700

  • Total project land - 40 cents.

  • Maximum FSI value - 3.

  • According to maximum FSI value total area that can be constructed is 56630 sqft.

  • Total area constructed - 18550 sqft., hence FSI value for the project is 1.06.

ACTIVITIES AND FACILITIES IN DAM SQUARE

  • Swimming Pool

  • Indoor Games

  • Table tennis

  • Chess

  • Carom Board

  • Recreation area

  • Other board games

  • Gathering Rea

  • Public garden and gathering area

  • Covered parking

 

TIME FOR COMPLETION OF DAM SQUARE

Dam Square project will be completed by April 2022.

 

DOES THE COMPANY PROVIDE INTERIOR DESIGNING SERVICE AND ITS BUDGET ?

Company will be providing interior designs and the budgeting.

WHAT IS MEANT BY CLUB MORICKAP ?

Club Morickap is a membership program that offers dining and accommodation privileges to individuals at Morickap Resort.

 

HOW MANY APARTMENTS HAVE BEEN SOLD SO FAR ?

We have sold six of our apartments so far. Below is the list of individuals who have already bought the apartments:

  • Adv. Sasi Kumar - LLB.

  • Mr. Shihabudheen - NRI

  • Mr. Surendran - Sooryodaya Construction

  • Mr. Nishin Thaslim - Chairman, Morickap Resort

  • Mr. Abrar Pasha - Sub-Collector, Bengaluru.

  • Mr. Usman Ck - Sheikh Group

 

WILL THE COMPANY PROVIDE ANY RESELLING ASSISTANCE ?

Yes , the company will assist the residents to resell their apartments.

 

WILL THE COMPANY HELP GET ANY TENANTS FOR THE APARTMENT OWNERS ?

Yes, the company will help you to find new tenants.

 

WHAT IS THE VIEW FROM THE APARTMENT ?

The apartment has front facing mountain view.

WILL CUSTOMER AVAIL ANY HOME LOAN FACILITY ?

Loan application from the proposed borrowers on case to case basis.

For guidance of the proposed customers for a loan on availment, contact banking partner Mr. Sidique Ph: 9496305966.

 

WHAT IS THE REGISTRATION AMOUNT ?

  • Stamp duty stands at 8% and the registration fee is 2%.

  • Registration of the sale agreement is with the respective Sub-Registrar’s office, KALPETTA.

 

IS THERE ANY ADDITIONAL GST ?

7.14 percentage GST will be extra. If the registration is done before the completion of the project then.

IS THERE ANY ADDITIONAL PAYMENT OTHER THAN REGISTRATION AMOUNT ?

  • Property tax.

  • KSEB charges.

CONSTRUCTION PHOTOS OF DAM SQUARE HOLIDAY HOMES

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