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Omkar Realtors & Developers Pvt Ltd An investment proposition
19

Omkar Andheri East Ppt

Nov 08, 2014

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Page 1: Omkar Andheri East Ppt

Omkar Realtors &

Developers Pvt LtdAn investment proposition

Page 2: Omkar Andheri East Ppt

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

Page 3: Omkar Andheri East Ppt

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

Page 4: Omkar Andheri East Ppt

Case studies

Malad and Worli

Page 5: Omkar Andheri East Ppt

Malad site [4,500 psf] (14th February, 2011)

Page 6: Omkar Andheri East Ppt

Malad site [12,250 psf – 49% y-o-y return] (29th Oct, 2012)

Page 7: Omkar Andheri East Ppt

On

completion (sometime in 2016)

Page 8: Omkar Andheri East Ppt

Worli site [13,800 psf] (Year 2010)

Page 9: Omkar Andheri East Ppt

Worli site [35,000 psf – 45% y-o-y returns] (Year 2012)

Page 10: Omkar Andheri East Ppt

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

Page 11: Omkar Andheri East Ppt

Omkar project at

Andheri EastAn investment proposition

Page 12: Omkar Andheri East Ppt

Location (Satellite view)

Page 13: Omkar Andheri East Ppt

Location (Google map)

Page 14: Omkar Andheri East Ppt

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%

Page 15: Omkar Andheri East Ppt

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]

Page 16: Omkar Andheri East Ppt

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

Page 17: Omkar Andheri East Ppt

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

Page 18: Omkar Andheri East Ppt

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

Page 19: Omkar Andheri East Ppt

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