Omkar Andheri East Ppt
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Transcript of Omkar Andheri East Ppt
Omkar Realtors &
Developers Pvt LtdAn investment proposition
About Omkar
• Incorporated in 2003
• 20 million sq ft at various stages of development
• Potential revenue stream of USD 4000 million
• Private equity investments by two leading funds
– Redfort Capital
– Piramal Indiareit
• Strong brand affiliations
– Renowned designers Foster & Partners, Callison
(USA) and HBA
– Joint venture with Larsen & Toubro at Parel
Investor relationsOmkar has been profitable for investors
– Omkar Alta Monte at Malad (49% y-o-y growth)
• Investment in 2010 @ Rs 4,500 psf
• Current price in 2012 @ Rs 12,250 psf
– Worli (45% y-o-y growth)
• Investment in 2010 @ Rs 13,800 psf
• Current price in 2012 @ Rs 35,000 psf
– Crescent Bay at Parel (46% y-o-y growth)
• Investment in 2010 @ Rs 7,000 psf
• Current price in 2012 @ Rs 18,000 psf
– Veda at Parel (33% y-o-y growth)
• Investment in 2009 @ Rs 7,000 psf
• Current price in 2012 @ Rs 16,500 psf
Case studies
Malad and Worli
Malad site [4,500 psf] (14th February, 2011)
Malad site [12,250 psf – 49% y-o-y return] (29th Oct, 2012)
On
completion (sometime in 2016)
Worli site [13,800 psf] (Year 2010)
Worli site [35,000 psf – 45% y-o-y returns] (Year 2012)
Current success stories• Vayu (Mahim) launch in October 2011
– 80% inventory sold out within 3 months of launch
• Omkar Alta Monte (Malad) launch in October 2012
– The biggest launch experienced in Mumbai
– 100 units sold within first 45 days of launch
• Omkar Meridia (BKC crossing) launch in November 2012
– Rate increase – Rs 14,000 -> Rs 15,000 -> Rs 16,000 in 3 months
– 33% of available inventory sold within 3 months
• Veda (Parel) due for possession in 2014
– 99% inventory already sold
Omkar project at
Andheri EastAn investment proposition
Location (Satellite view)
Location (Google map)
Basic premise
• Located right on the Western Express Highway
• Minimum 15 acre layout
• Construction to commence after 18 months
• Minimum area for investment – 5,000 sq ft
• Present first sale price in vicinity of Rs 16,000 psf
2013 2015
1600019360
21160
22278
10%
15%
18%
Price escalation
• 2013
– current price quoted – Rs 8,500 psf
• 2015
– 0% price escalation – Rs 16,000 [37% y-o-y return]
– 10% price escalation – Rs 19,360 [51% y-o-y return]
– 15% price escalation – Rs 21,160 [58% y-o-y return]
– 18% price escalation – Rs 22,278 [62% y-o-y return]
Offering
• Choice of 2 BHK (1250 sq ft) & 3 BHK (1700 sq ft)
• One car park allocated per 2 BHK
• Two car parks allocated per 3 BHK
• Upfront payment of 50% at a rate of 8,500 psf
• PLC, club construction charges and any other
charges will be as applicable as on
launch/allotment
Terms & Conditions
• Lock-in of 24 months
• Re-sale/transfer – Omkar to have ROFR
• Payment of upfront amount to be made
through max 3 PDCs
• Cancellation would invite forfeiture of 10% of
consideration value of booking made
Contingencies
• Delay in initiation of sale construction activity
– Investor opts to stay invested – No interest payable
by the developer, proceed for unit allotment(s)
– Investor opts to exit – Developer to pay simple
interest @15% p.a. for such period from date of
receipt of funds till cancellation date
• Delay in payment by investor
– Investor to pay interest at 21% p.a. compounded
annually for such period of delay
Omkar Realtors & Developers Pvt Ltd
Omkar House, Eastern Express Highway, Sion (E), Mumbai-400 022
Tel: 66254300 | e-mail: [email protected] | Website: www.omkar.com
Toll-free: 1 800 212 8888