Residential Sites Project PROJECT REPORT SWASTIK PROPERTIES AND DEVELOPERS (R)

Transcription

1 SWASTIK PROPERTIES & DEVELOPERS(R) Residential Sites Project PROJECT REPORT SWASTIK PROPERTIES AND DEVELOPERS (R) st st rd #399, 1 Main Road, 1 Stage, 3 Phase, Manjunathanagar, W O C Road Service Road, Bangalore Karnataka State, INDIA Ph no , , Website : Personal id. : kma@swastikproperty.in Km.aswath@gmail.com

2 AIM OF THE PROJECT : PROJECT REPORT To Provide the LEGALLY APPROVED Sites for the LOW INCOME / ECONOMICALLY Weaker sections of the Society. Everybody wants to acquire/buy one or two sites (PLOTS) during their lifetime. But the problem is getting the site at reasonable price. Even one goes beyond 50 kms from the heart of Bangalore city, it is very difficult to get the sites at the price of less than Rupees. 1000/- per sq. feet. Site of 30 feet x 40 feet measurement will cost not less than 12 lakhs rupees. The main reason for this is sky rocketed price of the land. Because of this reason and also keeping the interest of middle class and lower middle class people in mind, Swastik Properties and Developers(R) has designed a Monthly Installment Plan called Residential Site Investment Plan ( RSIP), which can be easily made good by the low income group of people. About Swastik Group of Companies? Swastik Properties & Developers (R) is part of Swastik Group of Companies which are well known for the honesty, sincerity and reliability. Swastik Properties & Developers has maintained good reputation in the society by duly maintaining in time development of Layouts and in time delivery of sites. Which are the companies coming under SWASTIK GROUP? Swastik Properties & Developers (R) Swastik Charitable Trust (R) Swastik General & Health care services Pvt. Ltd, Swastik Health & Social Services (R) What is the experience of the management? First company of Swastik Group started in the year 1997 in the name of Swastik Health & Social Services (R). Main business of the firm was Insurance. It had grown by without any leaps and bounds in doing the business. In the year 2003 it was converted in to Swastik General & Health care services (Pvt) Ltd, It had 5 branches within Karnataka i.e, at Bangalore, Hubli, Bellary, Mangalore & Mysore. We were tied up with UNITED INDIA INSURANCE CO. LTD, for Insurance purpose. We had 2 specially designed policies especially for our members in the name of SWASTIK ACCIDENT CARE and SWASTIK HEALTH CARE. We were tied up with 160 Major hospitals through out Karnataka for treatment of members in case of Accidents. At that time we had around 55,000 field executives & more than 5 lakh customers. We use to settle the insurance claims directly to the hospitals and then we use to claim from the Insurance company. 1

3 What is the achievement of Swastik Properties & Developers (R) First Layout, we developed was in Tumkur in the year at Honnudike Cross, Kunigal Road, Tumkur. Name of the Layout is MARUTHI LAYOUT. Area of Extent 4 Acres. Sites Formed 87 Sold Out Within 6 Months Total Turn Over was around Rupees 3 Crores. Second Layout we Developed was in Bangalore in at Bhudhihal, Nelamangala. Name of the Layout is SWASTIK RESIDENCY. Area of Extent 10 Acres. Sites Formed 224 Sold Out Within 12 Months Total Turn Over was around Rupees Crores Third Layout we Developed was in Bangalore in at Doddaballapur Road, Near Leelavathi Estate, Nelamangala. Name of the Layout is MARUTHI ENCLAVE. Area of Extent 2 Acres. Sites Formed 38 Sold Out Within 6 Months Total Turn Over was around Rupees 3.50 Crores Fourth Layout we Developed is in Bangalore in at Doddaballapur Road, Byrashettahally, Nelamangala.Taluk, Name of the Layout is SWASTIK PARK RESIDENCY. Area of Extent 4 Acres. Sites Formed 76 ( Total Square Feet) Sales Under Progress, Total Turn Over is around Rupees 10 Crores How to address Competitors? As usual regular competition will be there as in any business. But any type of COMPETITION WILL NOT HARM US as we will be having a group of enrolled members with us in advance for the sites. Swastik has come up with a unique solution called Residential Sites Investment Plan (RSIP), wherein the customer can deposit the amount in fixed EMI's and get the plot allotted. These members will be enrolled in advance by our Marketing Field force. Here customers are allowed to save the small amount of as low as Rupees 5000/- per month. This is a UNIQUE PLAN as no other Developers in Bangalore have given such an easy option for the customers. 2

4 What is the cost of the site developed under RSIP Plan: 30 X 40 size site costs around Rs. 5 Lakhs. Plus or minus 10% margin will be there because of safety measure due to the increase in the cost of the land and other incidental charges. Sites developed by our company will be DC converted sites or DTCP Approved or approved by any Government authority nearby to the layout. When this plan will be Launched? This Project is already kicked off This plan is already Launched in the Month of January 2016 only. We have already collected around 850 members in this plan. Who are the Customers? This is a UNIQUE CONCEPT targeted for general public/ lower income group of people. 1. Swastik Properties and Developers has appointed fleet of Strong 500 Executives for this purpose. These executives will go to the door of the people and convince them to enroll in the RSIP Plan. These executives will be rewarded with the suitable incentives. 2. Excess sites developed by the company will be sold directly in the open Market to the prospective buyers. What is the time Span for monthly installments for customers? 48 months. When the member will pay the balance amount of the site cost? If a member pays Rs. 5000/- per month, his total payment in 48 months is just Rs. 2,40,000/- only. Site cost is Rs. 5,00,000/-. Balance amount of Rs. 2,60,000/- will be paid by the party before registration ( within 3 months after 48 months). If necessary, loan facility will also be arranged by the company through some financial institutions for the buyers. Goals & objectives : We want to complete the following processes by December 2016, 1. Buying of required land in all the four places 2. Complete the formality of conversion by the government authority 3. Prepare to go for the approval of layout PLAN from the government sanctioning authority of the local area. Why Investment Is Required? Investment is required to buy the land in the initial stages. For Development of layouts, funds will be generated / invested by us. 3

5 Financial plan Expenditure Part : Our plan is to develop minimum of 6000 sites ( at least 1500 sites in four places) It requires around 300 Acres of Land. Developmental Expenditures : Details Purchasing of Land at the rate of Rs. 40,00,000/- per acre Total Land required is 300 acres 300 Acres x 40,00,000/- (Rs. Forty Lakhs Only) Conversion & approval charges per acre = Rs. 5,00,000/- 300 Acres x 5,00,000 Developmental charges per acre = Rs. 15,00,000/- 300 Acres x 15,00,000 Total : Conversion Rate : 1 = 67 Indian Rupees Indian Rupees (120 Crores) (15 Crores) (45 Crores) 15,00,00,000/- 45,00,00,000/- 120,00,00,000/- 180,00,00,000/- (180 Crores) $ 17,910,448 2,238,806 6,716,418 26,865,672 (26.87 Million ) Income Part : Our plan is to develop minimum of 6000 sites( at least 1500 sites in four places ) Details Indian Rupees $ 6000 Sites x Rs. 5,00,000/- for each sites 300,00,00,000/- 44,776,119 Total : Other Expenditures : Details Commission to Field executives & other incidental charges 300,00,00,000/- 44,776,119 (300 Crores) ( Million ) Conversion Rate : 1 = 67 Indian Rupees Indian Rupees $ 25,00,00,000/- 3,731,343 (25 Crores) Amount payable to the investor after 54 months?????? Total : 4 Volume of Finance needed We require the investment of Rupees 85 Crores ie equal to 13 million. Loan Amount required is 47% of the Project Expenditure only. 4

6 Which are the places you are planning to develop the Layout? A) Near to Tumkur city which is being planned for SMART CITY. Our Layout will be named SWASTIK SMART CITY. B) Near Doddaballapur town or near to Gouribidanur town called SWASTIK SILK CITY. C) Near Hosakote town Neo Bangalore City which is being developed at present. Our Layout is named as SWASTIK NEO CITY D) Near Ramanagar town called SWASTIK HERITAGE CITY What is the extent of Land you are planning to buy for each Layout? We are Planning to develop the Layout to the extent of 75 Acres in each place depending on the demand. ( one Acre means sq feet of Land or equal to 40 cents/ Guntas) Depending on the availability of land and also volume of members enrolled with us for each area. What is the Amount of investment required? I am looking for the investment of Rupees EIGHTY FIVE CRORES ( 85 Crores = 13 million. ) What is the period of Investment for Investor? Period of Investment is 54 months Our RSIP Plan is for 48 Months. Extra margin of 6 months is taken in order to allow the members to arrange the balance amount and get their site registered. What is the returns paid on Investment for the INVESTOR? As per the Norms of Investor How we can assure you the Returns in time for Investor? We have already launched the RSIP members enrollment Plan. We are in the process of accruing the required number of members. We have already collected 850 members in this plan. Only thing is we have to buy the Land to start the process of Conversion from the competent authority and approving of the plan. By the time we complete this process, we have got the strategy to collect the required number of buyers through our Field force. Collection of memberships will be fast when we start the buying of Land. When the project is in place and the buyers are there with us, it will not be a problem to pay your returns. 5

7 Team: Firm is Lead by : Name : Aswathaiah KM Designation : Managing Partner Qualification : Graduate From Bangalore University. Firm is lead by Mr. Aswathaiah KM - Managing Partner a Graduate from Bangalore University aged 56 years. He had worked for Indian Railways till In the year 1990, He had left Indian Railways and joined the Leading Financial institution in India called M/s Peerless General Finance & Investment company Ltd, as a TEAM LEADER. At that time he was managing more than 1000 active field executives and given crores of business every month till In the year 1997, he had decided to form a company of his own in the name of M/s SWASTIK HEALTH & SOCIAL SERVICES(Regd). Initially it was a small firm. Gradually it had grown by without any leaps and bounds in doing the business. In the year 2003 it was converted into Swastik General & Health care services (Pvt) Ltd, It had 5 branches within Karnataka i.e, at Bangalore, Hubli, Bellary, Mangalore & Mysore. We were tied up with UNITED INDIA INSURANCE CO. LTD, for Insurance purpose. We had 2 specially designed policies especially for our members in the name of SWASTIK ACCIDENT CARE and SWASTIK HEALTH CARE. We were tied up with 160 Major hospitals through out Karnataka for treatment of members in case of Accidents. At that time we had around 55,000 field executives & more than 5 lakh customers. We use to settle the insurance claims directly to the hospitals and then we use to claim from the Insurance company. At Present having Strong field force Team: Swastik Properties & Developers (R) has well experienced in the administration, has got well experienced staffs and also field executive base of around 500, who are well trained. Details of the Field force is follows, MARKETING EXECUTIVES Members, MARKETING SUPERVISORS Members MARKETING MANAGERS - 20 Members Because of all this basic infrastructure, we are confident of achieving the Goal and aiming to complete the project in time. Through RSIP plan, what problem of the society our company is going to address? Our main aim is to provide a site for the LOW INCOME of people in the Society. This section of the Society has already decided that they cannot own a site in their life time. OUR MAIN AIM IS TO CREATE AN AMBITION IN THEM and also to PROVIDE THEM A SITE. 6

8 Projects by Swastik Properties & Developers (R) Completed Projects : 1. MARUTHI LAYOUT - Kunigal Road, Tumkur. 2. SWASTIK RESIDENCY - Budhihal, Nelamangala. 3. MARUTHI ENCLAVE - Near Leelavathi Estate, Nelamangala. DC Converted Layout On Going Project : SWASTIK PARK RESIDENCY - Near Railway Gollahalli, Nelamangala. BMRDA Approved Layout. Projects Coming Up : SWASTIK RESIDENCY- Chinthamani Road, Hosakote, BMRDA/HPA Approved Layout.