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November 2010

Corporate Presentation

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DB Realty – A Mumbai Real Estate Powerhouse
Shareholding
 Vision & leadership provided by Vinod Goenka and Shahid Balwa
 Large land development within Mumbai suburbs (Goregaon, Andheri,
Kandivli) and City (South/Central Mumbai) totaling 14.4 msf completed in
the past
 Real Estate company with a strong focus on Mumbai
 City centric: High value developments in Mumbai Central, Mahalaxmi,
Prabhadevi
 Suburbs: High volume developments in Goregaon, Andheri, Kandivli, Mira
Road
 Proven skills in redevelopment: Land generated through participation in
urban renewal schemes including redevelopment of old tenanted buildings
in Mumbai
 Established premium brand
Project Portfolio
 Strong project pipeline combining strengths of city centric and suburban
development:
28.4
 20.5 msf of Saleable Area of ongoing projects under varying development
stages 40.6
 40.4 msf of Saleable Area in forthcoming & upcoming projects 20.5
 Investors at entity level include IL&FS, Trinity Capital, Bollywood Mauritius (msf)
14.4
(Lehman) and Walkinson, inducted between 2007-09
 Proven Real Estate Track Record of promoters, having developed in excess of Completed Ongoing
500 Acres of land in & out of Mumbai Forthcoming Pipeline

Note: msf denotes mn sq. ft.

Proven track record and pan Mumbai development footprint and profitability demonstrated

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Differentiated Land Acquisition Ability
Orchid Turf View, Mahalaxmi 1.5 msf
 Old tenant rehabilitation and free sale
Urban renewal
area to be developed by DB Realty
MIG Co-Hsg-Soc, Bandra, 1.0 msf

Mahul Nagar, Mahul 8.7 msf  Generation of TDR through various


Govt. approved schemes
TDR Orchid Hills, Powai 2.8 msf*
 Active secondary TDR market present in
Orchid Apartment, Mankhurd 1.2msf* Mumbai

Orchid Crown, Dadar 0.9 msf  JV with land owners for development of
their land parcels
Joint Venture (JV) Orchid Ozone, Dahisar 1.6 msf

Abhyudaya Nagar, Parel, 3.5 msf  Low cost land acquisition route

Government Colony, Bandra, 7.9 msf


Public Private  Free Sale component received in lieu of
Orchid Town, Pimpri 6.7 msf
Partnership development on behalf of Govt. bodies
Orchid Centre, Yerwada-Pune 0.5 msf

* Provided area is aggregate of Saleable Area and TDR on the project


The area referred is the DB’s Economic Beneficial area

Low cost of land acquisition insulates the Company from market volatility

2 2
DB Group – Changing the Landscape of Mumbai
Umar Jamal Compound, Tardeo, Mumbai Central
2004 – Initial View 2010 – Orchid Enclave & City Centre Mall

2005 – Excavation

Note: This project was completed by Promoters and Promoter Group Companies

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DB Realty – Changing the Landscape of Mumbai
Rangwala Compound, Jacob Circle
2008 – Initial View Proposed elevation – Orchid Heights

2010 – Current View

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DB’s Projects - Location wise
Orchid Heights, Jacob Circle
Orchid Turf View, Mahalaxmi

Orchid Crown, Prabhadevi

Orchid Views, Shantinagar


Orchid Enclave II, M.Central
Mumbai South / Central
Orchid Skyz, Unity Comp.
Total area: 6.4 msf
DB Tower, BKC
Orchid Enclave III, Bustan
Orchid Splendor, Jubilee C.
Orchid Central, M.Central
Orchid Woods, Goregaon
Orchid Suburbia, Kandivali
Mahul Nagar, Mahul
Orchid Hills*, Chandivali
Ascot Centre II, Andheri Mumbai Suburbs
Orchid Corp. Park, Sahar Total area: 24.1 msf
Orchid Hill Park*, Goregaon
Orchid West View, Malad
Orchid Aptts*, Mankhurd
Orchid Ozone, Dahisar
MMR
Total area: 21.7 msf
Orchid Garden , Dahisar
Orchid Acre, Mira road
Orchid Centre, Yerawada Pune
Orchid Town, Pimpri Chi. Total area: 8.9 msf
Orchid Lawn, Sangamwadi

Jan’09 Jan’10 Jan’11 Jan’12 Jan’13 Jan’14 Jan’15 Jan’16 Jan’17


Residential Commercial Mixed use TDR
* These projects include a mix of Residential and TDR component
South Mumbai: South of Sion / Bandra; Mumbai Suburbs: Sion / Bandra to Borivali / Mulund; Mumbai Metropolitan Region (MMR): Beyond Borivali / Mulund

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Ongoing Projects
Saleable Area Start End
No. Project Name Type Status
(msf) Date Date
1 Orchid Ozone Resi Under
1.6 Aug’09 Sep’12
(Dahisar – E) & Retail Construction 1
2 Orchid Woods Under
Resi 0.9 Feb’07 Jun’11
(Goregaon – E) Construction
3 Orchid Heights Under 4
Resi 0.6 Nov’09 Mar’13
(Jacob Circle) Construction
4 Orchid Suburbia Under
Resi 0.5 Jan’09 Dec’11
(Kandivali – W) Construction 2
5 Mahul Nagar Under
TDR 8.7 Mar’07 Mar’11
(Mahul) Construction
6 Orchid Hills Resi Under
2.8 Mar’09 Mar’13 6
(Powai) & TDR Construction 7
9
7 Ascot Centre II Under
Comm 0.3 Feb’07 Dec’12
(Andheri – E) Construction
8 Orchid Turf View Under
Resi 1.5 Jan’10 Mar’14
(Mahalaxmi) Construction
9 Orchid Corporate Park
Comm Site Clearance 1.2 Jan’10 Nov’12
(Andheri – E)
10 Orchid Centre Resi Under 13
0.5 Jan’09 Jun’12 5
(Yerwada, Pune) & Retail Construction
11 Orchid Crown Under 11
Resi 0.9 Jan’10 Dec’13
(Dadar) Construction
12 Orchid Views Under 8 3
Resi 0.7 Apr’10 Mar’13
(Mumbai Central) Construction 12
13 DB Tower Resi Under
0.3 Apr’10 Mar’13
(BKC) & Comm Construction
Total 20.5
Note: Figures representing DB Realty’s share of Saleable Area in msf for ongoing projects
Orchid Centre (Location: Yerwada, Pune) is not shown in the Map above

Total Ongoing Projects: 20.5 msf

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April 1, 2010 to September 30, 2010 – Total Sales
No. Project Units Sold Area Sold Sales Value Collection *
(Sq.Ft.) (` in Mn) (` in Mn)
1 Orchid Ozone 398 307,113 1,614 360
2 Orchid Suburbia 47 49,187 471 691
3 Orchid Turf View 1 5,000 200 389
4 Orchid Woods 121 227,830 2,409 1,847
5 Orchid Heights 101 358,896 7,073 1,164
6 Orchid Crown 43 173,986 4,231 1,408
7 Mahul (TDR) - 765,633 2,237 1,454

Total 1,887,645 18,235 7,313

*Collection data includes collection from prior period sales as well.


Expected launches in FY 11 :-
Orchid Views (1.4 msf – `15,000 psf), Orchid Turf View [C & D] (1.8 msf – ` 38,000 psf),
Orchid Center (0.9 msf – ` 7,000 psf), MIG Colony (1.0 msf – ` 20,000 psf), Orchid West View (0.7 msf – ` 10,800 psf)

FY 2010-11
Estimates
Particulars ( ` in Mn)

New Apartment Bookings (Sales) 36,000 - 38,000


Construction Cost (Existing Projects) 10,000 - 12,000
Cash Flow Generation (New Sales + Old Sales) 20,000 - 21,000
Cash Outflow for New Projects 30,000 - 31,000

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Forthcoming Projects
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Saleable Start End 2
No. Project Name Type Status
Area (msf) Date Date

Orchid Hill Park# Resi Approval


1 7.9 Apr’11 Mar’14
(Goregaon) & TDR Stage 3
1
Orchid Garden # Approval
2 Resi 2.2 Aug’11 Sept’14
(Dahisar – E) Stage

Orchid West View Approval


3 Resi 0.7 Dec’10 Dec’13
(Malad) Stage

Orchid Enclave II Approval


4 Resi 0.6 Oct’10 Mar’13
(Mumbai Central) Stage

Orchid Skyz # Approval


5 Resi 0.3 Mar’11 Dec’13
(Byculla) Stage

Orchid Town Approval


6 Resi 6.7 Apr’11 Mar’15
(Pimpri, Pune) Stage

Orchid Acre # Approval


7 Resi 17.9 Mar’11 Mar’15
(Mira Road) Stage

Orchid Enclave III Approval


8 Resi 0.7 Mar’11 Mar’15 8 4 5
(Mumbai Central) Stage

# Delayed
Note: Figures representing DB Realty’s share of Saleable Area in msf for forthcoming projects
Orchid Town (Location: Pimpri Chinchwad, Pune) is not shown in the Map above

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Forthcoming Projects – Continued
Saleable Start End
No. Project Name Type Status
Area (msf) Date Date

Orchid Apartments Resi Approval


9 1.2 Mar’11 Feb’15
(Mankhurd) & TDR Stage

Orchid Splendor# Approval


10 Resi 0.4 Mar’11 Mar’14
(Byculla) Stage

Orchid Central # Approval


11 Resi 0.3 Mar’11 Mar’14
(Mumbai Central) Stage

Orchid Lawn Resi, Approval


12 1.7 Mar’11 Dec’16
(Sangamwadi, Pune) Comm & Retail Stage

Total 40.6

9
10 11

# Delayed
Note: Figures representing DB Realty’s share of Saleable Area in msf for forthcoming projects
Orchid Lawn (Location: Sangamwadi, Pune) is not shown in the Map above

Total Forthcoming Projects: 40.6 msf

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New Project (Acquisition)
Post IPO

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Government Colony, Bandra
 Location : Bandra (East)
 Type : Residential/ Commercial
 Ownership * : 100%
 Status : Acquired
 Plot Area : ~57 Acres
 Saleable Area : ~8 mn. sq.ft.
 Estimated All in Cost of BUA : ` 9,514/-
 Estimated Sale Rate : ` 25,000/-
 Cash Outflow FY 11 : ` 803 Cr.
 EBIDTA : ` 145,240 mn
 EBIDTA Margin : 66 %
 PAT : ` 95,870 mn
 PAT Margin : 43 %

 DB Realty has received a letter of intent from Government of Maharashtra

 Located in the heart of Mumbai – Bandra- Kurla Complex adjoining Western


Express Highway

 Plan to build world class enclave and to be completed over an average


period of 5 years

* Company contemplates to raise Private Equity of ~ ` 1,200 Cr leading to ~20% dilution

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Orchid Paradise (MIG Co-operative Housing Society)
 Location : Bandra (East)
 Type : Residential
 Ownership : 100%
 Status : Acquired
 Plot Area : ~5 Acres
 Saleable Area : ~1,044,954 sq.ft.
 Estimated All in Cost of BUA : ` 7,990/-
 Estimated Sale Rate : ` 19,400/-
 Cash Outflow FY 11* : ` 120 Cr.
 Implementation period : 48 months
 EBIDTA : ` 11,920 mn
 EBIDTA Margin : 59 %
 PAT : ` 7,870 mn
 PAT Margin : 39 %

 Acquired the redevelopment rights from L&T and Bombay Dyeing

 Proximity to Bandra Kurla Complex and up market location

 Plan to build high end residential complex

 As on 31st October , 2010, amount of Rs.20 Crores collected from Pre-sales

* ` 120 Crores will be paid from Pre-Sales Collection

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Abhyudaya Nagar Housing Board Colony
 Location : Kalachowki,Parel-Sewri Division
 Type : Residential
 Ownership * : 60% (Profit Sharing)
 Status : In Process (Probability 90%)
 Plot Area : ~33 Acres
 Saleable Area : ~5,763,391 sq.ft.
 Estimated All in Cost of BUA : ` 6,853/-
 Estimated Sale Rate : ` 18,000/-
 Cash Outflow FY 11 : -
 Implementation period : 60 months
 EBIDTA : ` 64,250 mn
 EBIDTA Margin : 62 %
 PAT : ` 42,410 mn
 PAT Margin : 41 %

 Joint venture of M/s DB Realty Ltd and Shreepati Infra Realty Ltd. in the ratio of 60:40
 Redevelopment proposal given to the tenants & Federation consent is obtained
 Consent received for 12 out of 48 buildings & for the rest to be obtained by Feb 2012
 Approval for development from MHADA will be obtained by Apr 2012
 Rehab work to start in Apr – Jun 2011 and expected to be completed in 3 years time
 Construction of Sale building to start in Apr 2013

*DB’s Economic Beneficial Interest

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Prem Nagar, Goregaon
 Location : Near Inorbit Mall, Goregaon (W)
 Type : Residential
 Ownership * : 51% (Profit Sharing)
 Status : In Process (Probability 100%)
 Plot Area : ~65 Acres
 Saleable Area : ~9,268,489 sq.ft.
 Estimated All in Cost of BUA : ` 6,760/-
 Estimated Sale Rate : ` 12,000/-
 Cash Outflow FY 11 : ` 200 Cr.
 Implementation period : 60 months
 EBIDTA : ` 48,560 mn
 EBIDTA Margin : 44 %
 PAT : ` 32,060 mn
 PAT Margin : 29 %

 Intend to build 7 sale buildings of 64 floors each and 30 rehab buildings of 23 floors

 The process of rehab is in progress in the 1st phase

*DB’s Economic Beneficial Interest

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Mahal Pictures
 Location : JVLR, Jogeshwari
 Type : Residential
 Ownership* : Current 33%, Profit Sharing
Proposed 40%
 Status : Acquired
 Plot Area : ~16 Acres – Open Land,
~42 Acres – Slum
 Saleable Area : ~7,595,422 sq.ft.
TDR ~3,755,234 sq.ft.
 Estimated All in Cost of BUA : ` 5,769/-
 Estimated Sale Rate : ` 11,000/-
~TDR Sale Rate ` 2,200/-
 Cash Outflow FY 11 : ` 170 Cr.
 Implementation period : 60 months
 EBIDTA : ` 48,000 mn
 EBIDTA Margin : 52 %
 PAT : ` 31,680 mn
 PAT Margin : 35 %

 Area of studio admeasuring 694,278 sq. ft. is already in our


possession and documentation for the remaining area is in
process
*DB’s Economic Beneficial Interest

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Mumbai Central - URD
 Location : Mumbai Central
 Type : Residential

 Ownership * : 85% (Profit Sharing)


 Status : In Process (Probability 50%)

 Plot Area : ~59 Acres

 Saleable Area : ~8,016,864 sq.ft.


 Estimated All in Cost of BUA : ` 7,572/-

 Estimated Sale Rate : ` 16,000/-


Before Redevelopment
 Cash Outflow FY 11 : ` 900 Cr.

 Implementation period : 96 months

 EBIDTA : ` 67,570 mn

 EBIDTA Margin : 53 %

 PAT : ` 44,600 mn
 PAT Margin : 35 %

Urban Redevelopment Project

After Redevelopment

*DB’s Economic Beneficial Interest

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Consolidated Financials

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Profit and Loss A/c
(` in Mn)

% %
Particulars Q2-FY11 Q2-FY10 change H1-FY11 H1-FY10 change FY10

Income
Sales & Income from Operations 3,388 2,760 22.8 6,036 3,944 53.0 9,512

Other Income 168 37 354.1 322 48 570.8 291


Total Income 3,556 2,797 27.1 6,358 3,992 59.3 9,803
Expenditure
Project Expenses 1,782 1,566 13.8 3,388 2,354 43.9 5,470
Administrative Expenses 206 98 110.2 337 122 176.2 387

EBIDTA 1,568 1,133 38.4 2,633 1,516 73.7 3,946


Depreciation 17 24 (30.0) 33 46 (28.3) 95
Interest 127 609 (79.2) 289 700 (58.7) 726
Profit Before Tax 1,424 500 184.8 2,311 770 200.1 3,125
Tax 178 118 50.8 352 129 172.9 413
Profit After Tax 1,246 382 226.2 1,959 641 205.6 2,712
Prior Period Items - - 14 - -
Minority Interest 45 54 (16.7) 126 61 106.6 192

Net Profit 1,201 328 266.2 1,819 580 213.6 2,520

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Revenue Breakup

(` in Mn)

Project Q2-FY11 Q2-FY10 H1-FY11 H1-FY10 FY10

Orchid Ozone 441 1,322 926 1,323 2,587

Orchid Woods 1,346 450 2,175 651 1,641

Mahul (TDR) 1,495 988 2,237 1,970 5,284

Orchid Suburbia 106 - 698 - -

Orchid Crown - - - - -

Total 3,388 2,760 6,036 3,944 9,512

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Project Expenses

(` in Mn)

Project Q2-FY11 Q2-FY10 H1-FY11 H1-FY10 FY10

Orchid Ozone 334 911 568 911 1,815

Orchid Woods 855 177 1,377 563 1,040

Mahul (TDR) 494 478 776 880 2,615

Orchid Suburbia 99 - 667 - -

Total 1,782 1,566 3,388 2,354 5,470

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Balance Sheet
(` in Mn)

Particulars H1-FY11 H1-FY10 FY10

Sources of Funds

Shareholders Funds

Share Capital 2,433 2,112 2,433

Reserves & Surplus 29,660 25,865 28,054

Loan Funds

Secured Loans 6,003 5,361 4,559

Unsecured Loans 1,032 2,152 1,390

Total 39,128 35,490 36,436

Application of Funds

Fixed Assets 260 195 219

Investments 5,217 254 8,941

Net Current Assets 33,651 35,041 27,276

Total 39,128 35,490 36,436

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Cash Flow
(` in Mn)

Particulars H1-FY11 H1-FY10 FY10

Inflow

Sales 7,313 4,321 9,340

IPO (net of expenses) - - 14,694

Loan availed 1,086 152 -

Total 8,399 4,473 24,034

Outflow

Project Expenses 4,223 3,267 7,769

Loan Repayment - - 649

Investments (3,724) 251 8,941

Loans & Advances 4,207 580 6,073

Other Assets(Including Cash & Bank Balance) 3,693 375 602

Total 8,399 4,473 24,034

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Key Ratios

H1-FY11 H1-FY10 FY10

EPS (Rs.) 7.48 2.75 11.76

Book Value (Rs.) 132 132 125

Profit before Tax Margin (%) 38% 20% 33 %

Net Profit Margin (%) 30% 15% 26 %

Debt / Equity (times) 0.21 0.27 0.21

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Ongoing Initiatives - Building An Organisation

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Sales & Marketing

 Rebuilding and recreating the brand – “ DB ”

 Innovative visibility campaign – 50% of the air-conditioned buses in Mumbai carries DB branding

 DB banners at prime locations

 Beautification contract for Bandra Worli Sea Link – Huge visibility and CSR

 Project-wise print advertisement in leading newspapers & magazines

– tremendous response culminating to sales

 Brand building through Web marketing – advertising on property related website

 Participation in India as well as outside India in fairs & exhibitions

 Complete overhaul of Sales and Marketing team focusing on CRM

 Approvals for Housing Finance to customers from all banks for all DB projects

 Corporate relationship leveraged – huge institutional and retail sales

 Public Relations tool used as a medium to leverage brand DB

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H R Initiatives

 Key executives hired and organization structure in place

 Deloitte engaged for SOP Development across functional areas

 Standardized documentation of HR Practices and Processes

 In-house development of talent and career management

 Performance linked appraisals and compensation

 Training needs being identified and implemented

 Proposed ESOPs implementation – Driving a sense of ownership

 DB Employee Portal Intranet by October 2010

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Processes

 Annual budgeting and MIS in place - Strict Cash Flow monitoring

 SAP implementation in process – All modules expected to be implemented

 Deloitte engaged for drawing Risk Management and Documentation process

 Variations in project expenses exceeding 10% - Board approval a prerequisite

 Investment Committee to review the viability of any new project prior to being finalized by MD

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THANK YOU

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Annexure I

Project Portfolio

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Ongoing Projects-Sales Data
Sr Project Name Total Units % Area Sales Amount % Project Cost incurred as on
No Units Sold Sold Sold Value Collected Collected Cost 30-09-2010
(Sq.ft.) (` mn) (` mn) (` mn) (` mn)

1 Orchid Ozone 3,592 3,206 89 % 2,346,426 8,734 1,717 20 % 6,852 2,686

2 Orchid Woods 630 453 72 % 851,735 7,500 4,790 64 % 6,435 5,865

3 Orchid Heights 336 168 50 % 601,273 11,122 1,636 15 % 10,031 3,062

4 Orchid Suburbia 678 508 75 % 536,472 3,615 1,343 37 % 4,986 3,320

5 Orchid Turf View 60 29 48 % 210,000 5,095 1,452 28 % 10,760 878


(A&B)
240 -
(C&D)

6 Orchid Crown 458 177 39 % 642,490 14,821 2,957 20 % 10,615 1,074

7 Mahul Nagar - - 63 % 5,518,057 11,784 9,504 81 % 8,539 7,931

8 Orchid Hills - - 15 % 1,005,142 1,535 1,500 98 % 8,780 561

9 Ascot Centre II - - - - - - - 1,551 140

10 Orchid Center - - - - - - - 1,349 41

11 Orchid - - - - - - - 4,725 1,100


Corporate Park

12 Orchid Views - - - - - - - 4,761 571


13 DB Tower - - - - - - - 5,823 3,791

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Ongoing Projects
Sr Project Name Total Saleable Area DB’s Saleable Area Commencement- Ownership
No (Sq. Ft.) (Sq. Ft.)* Completion Date (%)*
1 Orchid Ozone 2,604,368 1,615,924 Aug - Sep 66%
(DB JDA Share–2,448,369) 2009 2012
2 Orchid Woods 1,174,000 880,500 Feb - Jun 75%
2007 2011
3 Orchid Heights 1,227,039 622,354 Nov - Mar 51%
2009 2013
4 Orchid Suburbia 982,348 491,174 Jan - Dec 50%
2009 2011
5 Mahul 8,789,457 TDR- 8,701,562 Mar - Mar 99%
2007 2011
6 Orchid Hills 6,706,832 TDR- 2,235,387 Mar - Mar 33%
1,562,025 Resi-520,623 2009 2013
7 Ascot Centre II 456,400 342,300 Feb - Dec 75%
2007 2012
8 Orchid Turf View 2,225,416 1,483,685 Jan - Mar 67%
2010 2014
9 Orchid Corporate 1,249,062 1,249,062 Jan - Nov 100%
Park 2010 2012
10 Orchid Centre 856,385 471,012 Jan - Jun 100%
(DB JDA Share–471,012) 2009 2012
11 Orchid Crown 1,795,304 897,652 Jan - Dec 50%
2010 2013
12 Orchid Views 1,371,854 685,927 Apr - Mar 50 %
2010 2013
13 DB Tower 895,377 303,891 Apr - Mar 34 %
2010 2013
*DB’s Economic Beneficial Interest

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Forthcoming Projects
Sr Project Name Total Saleable DB’s Saleable Project Cost incurred Commencement- Ownership
No Area Area Cost as on 30-09-2010 Completion Date (%)*
(Sq. Ft.) (Sq. Ft.)* (` mn) (` mn)
1 Orchid 2,090,816 Resi- 1,672,653 6,827 26 Apr - March 80%
Hill Park# 6,206,380 TDR- 6,206,380 2011 2014 100%

2 Orchid 2,189,193 2,189,193 4,609 152 Aug - Sep 100%


Garden# 2011 2014

3 Orchid 659,087 659,087 2,602 165 Dec - Dec 100%


West View 2010 2013

4 Orchid 639,912 639,912 2,675 343 Oct - Mar 100%


Enclave II 2010 2013

5 Orchid 604,178 302,089 2,440 15 Mar - Dec 50%


Skyz# 2011 2013

6 Orchid 10,658,901 6,715,108 21,371 568 Apr - Mar 63%


Town# 2011 2015

7 Orchid 17,925,351 17,925,351 29,096 1,135 Mar - Mar 100%


Acre# 2011 2015

8 Orchid 691,815 691,815 2,720 200 Mar - Mar 100%


Enclave III# 2011 2015

* DB’s Economic Beneficial Interest


# Delayed

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Forthcoming Projects -Continued
Sr Project Name Total Saleable DB’s Saleable Project Cost incurred Commencement - Ownership
No Area Area Cost as on 30-09-2010 Completion Date (%)*
(Sq. Ft.) (Sq. Ft.)* (` mn) (` mn)
9 Orchid 1,465,432 TDR- 732,716 4,466 629 Mar - Feb 50%
Apartment 862,526 Resi- 431,263 2011 2015

10 Orchid 424,364 424,364 1,697 456 Mar - Mar 100%


Splendor# 2011 2014

11 Orchid 338,981 338,981 1,205 155 Mar - Mar 100%


Central# 2011 2014

12 Orchid 5,347,446 1,693,001 9,510 446 Mar - Dec 32%


Lawn 2011 2016

* DB’s Economic Beneficial Interest


# Delayed

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Annexure II

Project Status

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Orchid Ozone (Dahisar)
Description Sales Details

Approximately 40 % of the construction cost incurred Period Units Area Sold Sold Value
Sold Sq.ft. (s` in mn)
Work completed upto podium level for 15 buildings

Work completed upto ground floor for 25 buildings Q2-FY11 191 142,766 801
Typical floor work in progress for 5th building Q2-FY10 429 320,418 1,232
Architect : Hafiz Contractor

Contractor : Man Infraconstruction Ltd

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Orchid Woods (Goregaon)
Description Sales Details
Approximately 64% of the construction cost incurred Period Units Area Sold Sold Value
RCC work, plumbing and waterproofing for Tower A Sold Sq.ft. ( ` in mn)
on schedule
Q2-FY11 74 140,985 1,473
RCC work for Tower B & C completed, Finishing
Q2-FY10 10 19,795 169
work in progress.

LMR work in progress for tower B & C

Architect : Hafiz Contractor

Contractor : Man Infraconstruction Ltd

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Orchid Heights (Jacob Circle)
Description Sales Details

Tenement shifting is in progress of Tower B portion Period Units Area Sold Sold Value
30 % work for foundation and 60% work for retaining Sold Sq.ft. (` in mn)
wall completed for Tower A
Q2-FY11 62 217,575 4,247
Sales office & Sample flat - finishing work 30 %
Q2-FY10 - - -
completed

Architect : Qutub Mandviwala

Contractor : Man Infraconstruction Ltd

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Orchid Suburbia (Kandivali)
Description Sales Details
Approximately 38% of the construction cost incurred Period Units Area Sold Sold Value
Work completed upto 2nd Podium for tower A & B Sold Sq.ft. (` in mn)

13th Residential floors completed for tower C Q2-FY11 13 13,919 137


Work completed upto 16th residential floor for Q2-FY10 38 37,943 283
tower D & E

4th floor work in progress for tower F

Architect : Neo Modern Architects

Contractor : JP Developers

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Orchid Crown (Prabhadevi)
Description Sales Details
Piling work 89% completed. Period Units Area Sold Sold Value
Tower A- Excavation work 40 % completed Sold Sq.ft. (` in mn)

Tower B- Excavation & PCC completed, Foundation Q2-FY11 25 98,550 2,429


work 50% completed
Q2-FY10 - - -
Tower C-Excavation & PCC work 80% completed.

Architect : Hafiz Contractor

Contractor : L&T

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Orchid Turf View (Mahalakshmi)
Description Sales Details
IOD for residential sale building received Period Units Area Sold Sold Value
MOEF approval obtained Sold Sq.ft. (` in mn)

Turf View Tower piling is in progress Q2-FY11 - - -

Sample Flat foundation work is in progress Q2-FY10 5 50,000 1,630


Shore piling work at DB Tower is 95% completed

Architect : Hafiz Contractor

Contractor : L&T

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SRA Mahul (Chembur)
Description TDR Generating Project
RCC work for 60 buildings completed Period TDR Sold Sold Value
Flooring work completed for 60 buildings Sq.ft. (` in mn)

Compound wall in progress Q2-FY11 510,311 1,495

Construction of DP road commenced Q2-FY10 807,300 988


20 buildings handed over to government

Architect: Shah & Dumasia

Contractor : Man Infraconstruction Ltd

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