Hi Agnelo,
I am interested in this Project "Save our ancestral heritage homes"
My Name: Santana R Mendes and I understand that I must invest a minimum of 5 Lakh to be a member.
Please keep me informed..
Thanks & Regards
Mr Santana R Mendes
Saturday, September 4, 2010
Thursday, September 2, 2010
Mario joins the investors club!
Thanks Mario!
I hope we find more of like us who would take it further.
As they say one deed is worth more than 1000 words.
I will will call you once you are back to Dubai.
Thanks Floriano for your support as always.
Agnelo Pinheiro
Mason join the investors club
Hi Mason,
Thanks for you your support and encouragement. The business plan is to convert neglected heritage houses into tourist motels.
A brief outline to your query you could find on my blog. http://goanheritagehomes.blogspot.com
Once we have committed people onboard will discuss the project plan in more detail with all stake holders.
Your willingness to participate is very appreciate. In regards to the investment funds utilisation, You and other stake holder will jointly decide.
But, we will need 50% percent as working capital to run the company for next 3-4 years by this time I reckon company will able to share return on investment by 6 to 10 % per year. I shall be contacting you very soon with more details. However, you are always free to write me and alternatively follow the development on http://goanheritagehomes.blogspot.com
Wednesday, September 1, 2010
Vivek Welcome join the investors club! Project is gaining roots! Thanks to Renne!
Dear Vivek
Thanks for lending your support to this unique project to save our heritage. I share your thoughts and is of the same opinion. Trust me, I or rather we will it to keep it as transparent as any good organisation should be for its survival. Together as a TEAM we will make it as a living example whereby this upcoming project will serve as role model for others to follow. Its not the money that motivates me to pursue this project but sheer love for my GOA. My task is to bring people on board as equal partners and no one (including myself) will have absolute power over the organisation finances, irrespective even I may be the founding member. This project is by Goans for Goans no matter who you are , where you are or which religion you belong. All That matters is GOA! Not a Penney will be collected or ask until we have required 20+ member on board. With money follows devil and that is the destructive cause of every thing. So we as stake holders will have to put all procedures in place. Your word is as important as my word. I'm aware of the trust deficit but this we will overcome well before any of us transact money. I said it before and I stress it again this project must move forward with or without me. The goal is more important than the individual. Rest is assured. For sake of good order communicate all matters on this project on following Email goanheritagehomes@gmail.com
Leave your comment suggestion or share your thoughts on http://goanheritagehomes.blogspot.com
Warm regards,
Agnelo Pinheiro
Thanks for lending your support to this unique project to save our heritage. I share your thoughts and is of the same opinion. Trust me, I or rather we will it to keep it as transparent as any good organisation should be for its survival. Together as a TEAM we will make it as a living example whereby this upcoming project will serve as role model for others to follow. Its not the money that motivates me to pursue this project but sheer love for my GOA. My task is to bring people on board as equal partners and no one (including myself) will have absolute power over the organisation finances, irrespective even I may be the founding member. This project is by Goans for Goans no matter who you are , where you are or which religion you belong. All That matters is GOA! Not a Penney will be collected or ask until we have required 20+ member on board. With money follows devil and that is the destructive cause of every thing. So we as stake holders will have to put all procedures in place. Your word is as important as my word. I'm aware of the trust deficit but this we will overcome well before any of us transact money. I said it before and I stress it again this project must move forward with or without me. The goal is more important than the individual. Rest is assured. For sake of good order communicate all matters on this project on following Email goanheritagehomes@gmail.com
Leave your comment suggestion or share your thoughts on http://goanheritagehomes.blogspot.com
Warm regards,
Agnelo Pinheiro
Follow up message to prospective partners
At the outset I would like to thank you for your passion to save our heritage homes. It’s been 2 weeks, and only handful has expressed their interest in this project. I was expecting good response from the NRG's in particular but it did not happen. However, I’m still optimistic by passage of time the response will get bigger and better. Frankly, I am still getting responses and I hope we should have enough numbers on board in time to Get-Set-Go.
As I said in my initial message, this project is People Partnership Project (PPP) and hence everyone contribution is important to make this truly community project. Besides, Finance, we need expertise from individual like Architect, Curator, Engineer, Hospitality Manager, local famer etc.
The essence of this concept is authentic Goan like dress code for staff Goan traditional clothes, food or cuisine only authentic Goan, Water source only well water, Etc.
But to give head start to this project at this stage we need;
a) Individual who can invest minimum 5 lakhs (minimum 5 years*)
b) Property owners ready to lease property
We will need minimum investment of Rs 2 crores. Rs 1 crore could be used for renovation and refurbishing property to convert into as a hotel property. The balance Rs 1 crore will kept aside for staff salaries and future monetary needs. To make a small beginning we will need 2-4 properties on lease for 25-30 years period with rights to buy if the owner opts to sell the property after the lease expiry
Investors will be equal partners along with the ancestral homes owners. Architect, engineer, Curators are welcome to join. Their services will be compensated with sweet equity and not in cash.
As the world revolves around money, it is important to make this project economical viable which will ensure survival of our heritage homes and profits to the all stake holders. The return on investment or turnaround of profits on investment is approximately between 3-4 years. The profits will be shared as per share equity of stake holders/investors. Property owner profit ratio will be as equity share and will be based on the property valuation at the time of lease agreement.
Current estimate annual revenue on a 4 room property is approx. Rs 18 lakhs to 20 Lakhs @ Rs 1500 ($35) per room night (Rs 1500 X 300 days room occupancy). Deducting property maintenances and staff salaries (40%) the profit will be around 10 lakhs per annum (60%)**.
As a potential stake holder, kindly provide following data.
1Full name
2Current Nationality
3Current residence
4Your Ancestral place in Goa
5Are you Investor?
6If yes, your investment commitment (in lakhs)
7***Are you property owner?
8If yes, location of property
9Additional information of property (No’s of rooms, total house area, plot area, estimate value of the property).
10Contact information
11 Telephone:
12Email ID
The above information will remain confidential and would not be disclosed to any other person or entity.
After collating above data and once we have required number of investor/property owners on board with firm commitment I will circulate general message with all in copy to take it to next level.
In interim, I would request your help to get more people on board by discussing this project with your friends or family members. Together Everyone Achieve More. Please feel free to discuss/suggest ideas to make this economical viable project which will help save our ancestral properties. Only catch: Goa Centric ideas within Goan traditions ambit.
Warm regards,
As I said in my initial message, this project is People Partnership Project (PPP) and hence everyone contribution is important to make this truly community project. Besides, Finance, we need expertise from individual like Architect, Curator, Engineer, Hospitality Manager, local famer etc.
The essence of this concept is authentic Goan like dress code for staff Goan traditional clothes, food or cuisine only authentic Goan, Water source only well water, Etc.
But to give head start to this project at this stage we need;
a) Individual who can invest minimum 5 lakhs (minimum 5 years*)
b) Property owners ready to lease property
We will need minimum investment of Rs 2 crores. Rs 1 crore could be used for renovation and refurbishing property to convert into as a hotel property. The balance Rs 1 crore will kept aside for staff salaries and future monetary needs. To make a small beginning we will need 2-4 properties on lease for 25-30 years period with rights to buy if the owner opts to sell the property after the lease expiry
Investors will be equal partners along with the ancestral homes owners. Architect, engineer, Curators are welcome to join. Their services will be compensated with sweet equity and not in cash.
As the world revolves around money, it is important to make this project economical viable which will ensure survival of our heritage homes and profits to the all stake holders. The return on investment or turnaround of profits on investment is approximately between 3-4 years. The profits will be shared as per share equity of stake holders/investors. Property owner profit ratio will be as equity share and will be based on the property valuation at the time of lease agreement.
Current estimate annual revenue on a 4 room property is approx. Rs 18 lakhs to 20 Lakhs @ Rs 1500 ($35) per room night (Rs 1500 X 300 days room occupancy). Deducting property maintenances and staff salaries (40%) the profit will be around 10 lakhs per annum (60%)**.
As a potential stake holder, kindly provide following data.
1Full name
2Current Nationality
3Current residence
4Your Ancestral place in Goa
5Are you Investor?
6If yes, your investment commitment (in lakhs)
7***Are you property owner?
8If yes, location of property
9Additional information of property (No’s of rooms, total house area, plot area, estimate value of the property).
10Contact information
11 Telephone:
12Email ID
The above information will remain confidential and would not be disclosed to any other person or entity.
After collating above data and once we have required number of investor/property owners on board with firm commitment I will circulate general message with all in copy to take it to next level.
In interim, I would request your help to get more people on board by discussing this project with your friends or family members. Together Everyone Achieve More. Please feel free to discuss/suggest ideas to make this economical viable project which will help save our ancestral properties. Only catch: Goa Centric ideas within Goan traditions ambit.
Warm regards,
Saturday, August 28, 2010
Invest to earn and save our ancestral heritage homes
Dear Goans,
Over the last few years we have seen many ancestral properties have changed hands. There could be many reasons why Goans are forced sell the properties to non-Goans. One major reason, people do not have resources for the upkeep of this properties. Many of us are shell shocked to see these heritage houses falling in wrong hands whose primary interest is to double the investment and then again sell it to the highest bidder.
If we Goans think these ancestral heritage belongs to Goans than we have to come forward to save it for our future generations. Merely complaining and criticising will not bring any results. Hence I hereby appeal to all Goan brothers resident and non-resident to come forward to be a part of 'one of its kind unique project' to save our ancestral properties. This initiative is to restore the ancestral properties to its grandeur, showcase our Goan heritage to tourist, support local communities, create community wealth and many more.
This is a proposal to convert ancestral properties into Goan Heritage homes managed by Goans with authentic Goan traditional touch.
The main objective of this project
i. To save ancestral properties.
ii. Provide investment opportunities to Goans.
iii. Create and provide job opportunities to Goans.
iv. Create community wealth instead of individual wealth.
v. Promote heritage tourism.
vi. To involve local communities as partners in supply chain.
The beneficiaries will be Goan sons of the soil (resident and non-resident) with no limit on people participation in this unique one of its kind project. However, there will be individual investment cap (minimum share and maximum shares) this will eliminate majority control by any individuals*.
This will be People Partnership Project (PPP) and the contribution will be community based. The investors will elect board of directors, and board of directors will put in place management team. Management team will be sons of soil. Hiring of local youth and encouraging local farmers to produce and supply organic farm produce to the heritage homes. The local artisan and curators will be employed in restoration works of the properties.
It will ensure the properties are restored to its grandeur without being sold. The original owner can still be part of the project without selling the property by signing long term lease MOU. This unique 'one of a kind project' will be showcasing the true spirit of Goa. This unique project will foster eco-friendly traditional way of living. The investors, property owners and employer will be equal partners hence it will People Partnership Project (PPP).
This is a clarion call all Goans on the eve of WORLD GOA DAY 2010 wherever you are to be a part of this unique project to save our heritage. The general meeting of investors/stake holders is tentatively scheduled to be held in Goa early January 2011. Kindly express your interest by dropping a line goanheritagehomes@gmail.com The core committee will be formed shortly to chalk out plan for first general meeting after evaluating investor response.
Let's not ask what Goa can do for us, but ask what we can do for Goa.
PS: This is an appeal message to get people on board and not to solicit funds for the project. No financial transaction will be conducted prior to general body meeting of investors/partners.
*Project fine tuning will be done in consultation with all stake holder before registration of the company/corporation.
Over the last few years we have seen many ancestral properties have changed hands. There could be many reasons why Goans are forced sell the properties to non-Goans. One major reason, people do not have resources for the upkeep of this properties. Many of us are shell shocked to see these heritage houses falling in wrong hands whose primary interest is to double the investment and then again sell it to the highest bidder.
If we Goans think these ancestral heritage belongs to Goans than we have to come forward to save it for our future generations. Merely complaining and criticising will not bring any results. Hence I hereby appeal to all Goan brothers resident and non-resident to come forward to be a part of 'one of its kind unique project' to save our ancestral properties. This initiative is to restore the ancestral properties to its grandeur, showcase our Goan heritage to tourist, support local communities, create community wealth and many more.
This is a proposal to convert ancestral properties into Goan Heritage homes managed by Goans with authentic Goan traditional touch.
The main objective of this project
i. To save ancestral properties.
ii. Provide investment opportunities to Goans.
iii. Create and provide job opportunities to Goans.
iv. Create community wealth instead of individual wealth.
v. Promote heritage tourism.
vi. To involve local communities as partners in supply chain.
The beneficiaries will be Goan sons of the soil (resident and non-resident) with no limit on people participation in this unique one of its kind project. However, there will be individual investment cap (minimum share and maximum shares) this will eliminate majority control by any individuals*.
This will be People Partnership Project (PPP) and the contribution will be community based. The investors will elect board of directors, and board of directors will put in place management team. Management team will be sons of soil. Hiring of local youth and encouraging local farmers to produce and supply organic farm produce to the heritage homes. The local artisan and curators will be employed in restoration works of the properties.
It will ensure the properties are restored to its grandeur without being sold. The original owner can still be part of the project without selling the property by signing long term lease MOU. This unique 'one of a kind project' will be showcasing the true spirit of Goa. This unique project will foster eco-friendly traditional way of living. The investors, property owners and employer will be equal partners hence it will People Partnership Project (PPP).
This is a clarion call all Goans on the eve of WORLD GOA DAY 2010 wherever you are to be a part of this unique project to save our heritage. The general meeting of investors/stake holders is tentatively scheduled to be held in Goa early January 2011. Kindly express your interest by dropping a line goanheritagehomes@gmail.com The core committee will be formed shortly to chalk out plan for first general meeting after evaluating investor response.
Let's not ask what Goa can do for us, but ask what we can do for Goa.
PS: This is an appeal message to get people on board and not to solicit funds for the project. No financial transaction will be conducted prior to general body meeting of investors/partners.
*Project fine tuning will be done in consultation with all stake holder before registration of the company/corporation.
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