### *Fractional Ownership Terms for Vivaan Farms, Noida Sector 150*

*1. Property Details*
– Vivaan Farms is located in a prime area of Noida Sector 150.
– The property is a 2800 sq. yard farmhouse.
– It is the first property of its kind in this area.

*2. Fractional Ownership Overview*
– The total value of the property is ₹3 crore.
– Ownership is divided into 100 equal fractions.
– The current price of one fraction is ₹3 lakhs.

*3. Usage Rights*
– Each fractional owner is entitled to *3 free days of usage per year*.
– Additional days can be booked as per availability:
– *Basic maintenance cost*: ₹5,000 per day.
– *Full usage cost to outside customers*: ₹10,000 to ₹50,000 per day (depending on the event or use).
– Damage or breakage during usage will be charged separately.

*4. Revenue Sharing*
– Fractional owners will receive a share of the net profits (total revenue minus expenses) generated from the property.

*5. Ownership Recognition*
– The names of all fractional owners will be displayed on a board at the property.

*6. Property Appreciation and Sale*
– If the property appreciates in value and is sold, fractional owners will receive their share of the appreciation in proportion to their ownership percentage.
– Owners can sell their fraction independently:
– If a buyer is available, the sale can be facilitated, and the owner will receive the selling price after deducting a *10% management fee*.
– If an owner needs an immediate exit and no buyer is available, the initial investment (less charges for days used) will be refunded.

*7. Swap Opportunities*
– Owners can swap their usage rights to other properties under Vivaan Farms’ portfolio (subject to availability and price adjustments).
– Future properties are planned across various global locations.

*8. Government Interference or Unforeseen Circumstances*
– In the event of government intervention (e.g., forced sale or restrictions), any compensation received will be distributed to owners as per their fractional percentage.

*9. Transparency and Booking*
– A centralized booking system will be maintained, accessible online via registered email IDs.
– Owners can view property availability and revenue records for transparency.

By agreeing to these terms, fractional owners become part of an innovative shared ownership model, blending luxury with investment opportunities.