Business Plan Low Cost Housing – 6 acres parcel Attibele – Anekal Road

Demand Drivers Projected Trend from KPMG is 40% CAGR

for affordable housing Population growth of 4.2% of people in

the income bracket of 2.5 lakhs – 12.5 lakhs

Current demand is 94,000 household have a housing requirement of 2/3 BHK between 20 – 30 lakhs in Bangalore

Macro Drivers Larger influx of population from other geographies IT/ITES/BT healthy growth Vibrant sentiment and healthy growth of 5.1 %

GDP projected Nuclear families getting created from joint

families Fillip given to the manufacturing sector projecting

healthy growth rates Interest subsidy of 1% for loans upto 15 lakhs for

homes that are below 25 lakhs Young demography favoring startup homes

Affordable Housing Definition

Housing Shortage in India

Dispoable income for Hosuing

Project Factors Large Catchment Area 187 IT /TES Companies Infosys/Bosch/Sasken/Wipro

Area Units

Attibele 141

Bommasandra 655

Jigani 190

Veerasandra 73

Electronic City 361

High Proximity to places of work with low travel timesPlace Distance(km) Time(min)

Attibele 7 20

Anekal 7 15

Bommasandra 19 30

Electronic City 25 40

Hosur 12 35

Jigani 18 35

Veerasandra 20 25

Locational Attributes

Adequate Social Infrastructure ATM

Karur Corporation Syndicate

Eateries Green Palace Sri Krishna Upahara Sri Devi Darshani

Shopping Attibele Market RG Arcade

School St Philomena Govt. School Gana Chaithanya

Gym Soldiers Gym

Healthcare N R Hospital Sarathi Clinic

Project Details 2 BHK and 3 BHK Apartments Low Rise Stilt + Ground + 4 Floors FAR Threshold of 2.0 Average of 110 homes per acre 2 BHK 750 sft 557 homes Rs 20.6

L 3 BHK 1000 sft 104 homes Rs 27.5

L 82% Efficiency of buildings

Building Efficiency Standards

Standard 2 BHK Unit Plan

Minimal Infrastructure

Simple Elevation

Specifications

Locational Strengths

Project Financials Selling Price Rs 2750/sft Construction Cost Rs 1500/sft Land Development Expenses Rs 200/sft Total Saleable Built up Area is 522,720 sft Revenue

Rs 143.74 Crores Cost

Rs 88.86 Crores Gross Margin Rs 54.88 Crores

Strategic Decisions Under the same brand? Capital raised thru Private Equity? Tap Govt. Societies for Bulk Sales ? Phasing – one phase or two phase? Standard Construction Methodology 36 Months to completion? 1% as maximum marketing costs? Comparable land prices are 2.3 Crores/acre

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