3BHK Prestige Ocean Pearl, Calicut
Project CL005Ongoing
Project Overview
Project CL005 is a fractional real estate investment opportunity featuring a 3BHK unit of 1,750 sq. ft. in Prestige Ocean Pearl, a premium development by the renowned Prestige Group. The unit was acquired for ₹1.3 crores, with ownership divided into 65 fractions, each requiring an investment of ₹2 lakhs, payable over 36 PMIs.
The project is scheduled for handover by mid-2027, at which point the unit is expected to be sold for approximately ₹2 crore or more. Upon sale, the profits will be distributed proportionally among the 65 fractional owners, after deducting a small operating fee.
This model provides investors with an affordable and structured entry into high-value real estate, leveraging property appreciation for maximized returns.
Payment Plan
Months 1 to 4
10,000 per month
Months 5 to 36
5,000 per month
Total Contribution
2,00,000
No. of Fractional Shares
65
Total Property Cost
1,30,00,000
Project Start Date
Mar 2024
Expected Handover Date
Mid of 2027
Current Market Valuation
As of Mar 2025, the property’s market value has appreciated to approximately ₹1.5Cr, reflecting a gain of ₹20L. This appreciation translates to an increase of approximately ₹30769 per share, bringing the current value per share to ₹1,20,769.Â
Latest Images from the site
As this project is completely occupied, you can be a part of it if any existing shareholders are willing to sell their shares. You can submit an offer using the form below, and we will inform you if any shareholders are interested in selling. You may also choose to purchase the entire apartment by making an offer for the full unit. We will present it for discussion with the existing shareholders and get back to you.
Make an Offer
Buy a Share
Buy Entire Unit
Property Details
Location
Prestige Ocean Pearl, Calicut
Unit Details
Flat # : 1062
Tower 1
Floor : 6th
Super Built-up Area : 1750 Sq Ft
Carpet Area : 1177 Sq Ft
3 Bedrooms, Hall, Kitchen
Amenities at Luminaire Tower
Reading Room
Squash Court
AV Room
Badminton Court
Pool Table
Indoor Games
Kids Pool
Infinity Swimming Pool
Toddlers Play Area
Multipurpose Hall
Landscaping
Health Club & Spa
Yoga Room
Gymnasium
FAQs
Investment & Ownership
Fractional ownership allows multiple investors to co-own a property by purchasing fractions of it. In this project, the 3BHK unit in Prestige Ocean Pearl is divided into 65 fractions. Investors contribute smaller amounts while benefiting from property appreciation and shared profits.
The property is divided into 65 fractions, with each fraction priced at ₹2 lakh.
First 4 months: Rs. 10,000 per month
Next 32 months: Rs. 5,000 per month
Yes, investors can purchase multiple fractions, increasing their stake and share in the final profits.
Yes, investors will receive a legally binding agreement outlining their fractional ownership.
Yes, the investment is secured through legal documentation, and the property is registered in the company’s name to ensure smooth management and sale.
Project & Builder Details
The property is in Prestige Ocean Pearl, Calicut and is developed by the reputed Prestige Group
The unit is a compact 3BHK apartment with a super built-up area of 1750 sq. ft.
The expected handover is by the mid of 2027.
Developed by the renowned Prestige Group, known for its exceptional real estate developments.
Located just off the beach in Calicut, offering breathtaking coastal views and making it a prime location in the city.
High potential for property appreciation, driven by its premium seaside location and growing demand for luxury residences.
Structured exit strategy with a targeted selling price of approximately ₹2 crore and above, ensuring strong investment returns.
While real estate investments come with market risks and potential delays, this project mitigates them by being part of a reputed builder’s project in a prime location.
Returns & Exit Strategy
The property is expected to be sold for approximately Rs. 2 crore.
Whenever there is an offer for the unit, it will be put up for discussion among the 58 fractions, and the decision will be made based on the majority vote.
The sale will be managed by the company, as the property is registered in its name, ensuring a smooth and transparent transaction.
Yes, a 2% operating fee will be deducted from the final sale price before distributing the capital amount and profits among the investors. This means that 2% of each investor’s final settlement amount will be charged as commission.
Yes, investors can sell their fraction to another interested buyer at any time before the handover by paying a 2% commission on the share sale price.
Yes, investors may be subject to capital gains tax on their profits as per Indian tax regulations. It is advisable to consult a tax professional for specific details.
General & Contact Information
Investors will receive regular updates on project status, payments, and potential sale offers.
You can reach out at 9986111777 for any queries regarding the investment, payments, or project updates.