Slide 1: Committed to build a better world
committed to build a better world
Slide 2: Parsvnath Developers Limited
Parsvnath Developers Limited 2
Slide 3: Safe Harbor
Safe Harbor This presentation contains certain forward looking statements concerning Parsvnath Developers, Ltd‟s business prospects and business profitability, which are subject to a number of risks and uncertainties. Actual results may differ materially from those projected in such forward looking
Slide 4: Executive Summary
Executive Summary • Industry dynamics • Company overview • Strong management bandwidth • Focus areas • Profile of premium residential projects • Update on DMRC projects • Hospitality • Strategic initiatives undertaken • Private equity partnerships 4
Slide 5: Industry Dynamics
Industry Dynamics • Actual users continue to be buyers, some of the investors are back in real estate • Private equity players continue to invest in prime projects; have eased liquidity owes of the developers • Passing of real estate bill instills further confidence in the sector 5
Slide 6: Other Long Term Factors to spur growth
Other Long Term Factors to spur growth • In the next 20 years, 68 cities in India are likely to have a population over 1 mn people (vs. 46 cities today) – only 35 cities in Europe and 9 cities in the US have population over 1 mn people • Average real household income (adjusted for inflation) is proj
Slide 7: Company overview
Company overview • Real estate developer with over two decades of execution excellence o Completed 55 projects with total area of 24.75M ft2 (2.30M Sq.mtrs). o 48 projects with a total area of 69.75M ft2 (6.48M Sq.mtrs) are under development or construction o Of the 69.75M ft2 (6.48M Sq.mtrs) in dev
Slide 8: Core Business Segments
Core Business Segments Integrated Residential Townships • Multi-storied apartments and • Group housing, houses / group housing villas, commercial, schools, • Represents 37% of projects hospitals, etc. completed by saleable area • Represents 56% of projects • Represents 30% of projects completed by s
Slide 9: Strong Management Bandwidth
STRONG MANAGEMENT BANDWIDTH
Slide 10: Mr. Pradeep Jain, Founder & Chairman
Mr. Pradeep Jain, Founder & Chairman • Founded Parsvnath Developers, Ltd., with just US $25 • gradually built PDL into a leading developer in India, • brings 25 years of real estate development experience • His leadership and influence is evidenced by his chairmanship and membership on important ind
Slide 11: Senior management team
Senior management team • Mr. Sanjeev Jain, Managing Director : Graduated with Bachelor of Engineering (Civil) degree with the specialization in advanced construction technology. He has over 20 years of experience in the real estate sector. He heads the architectural, construction, purchase and gener
Slide 12: Strong Corporate Governance
Strong Corporate Governance Name Designation Current Role & Responsibility Mr. Pradeep Kumar Jain Chairman Responsible for Strategy, Land Acquisition, Relationship Management Mr. Sanjeev Kumar Jain Managing Director & Heads the architectural, construction and CEO purchase departments of the Company
Slide 13: Focus areas
Focus areas • Residential – Focus remains on developing high margin residential and township projects (93% of completed projects and 94% of projects under execution on a saleable area basis) – integrated township plot sales will strengthen the near term cash flow • Lease Rental – Build out a portfol
Slide 14: Profile of Premium Residential Projects
PROFILE OF PREMIUM RESIDENTIAL PROJECTS 14
Slide 15: La-Tropicana – Delhi
La-Tropicana – Delhi Total Land Area : 6.8 Hectares (17 Acres) Total Saleable Area : 22,48,518 sq. ft. ( 2,08,892 sq.mtrs) Development envisaged : Super-Luxurious Condominiums All Sanctions/Approvals are in place. Status of project : Construction in full swing Private Equity Investor : Sankaty Advis
Slide 16: Parsvnath Red Fort Capital - Residential Project
Parsvnath Red Fort Capital - Residential Project Rani Jhansi Road, Near Connaught Place, Delhi First of its kind project in Delhi and the city‟s most premium Residential Project • PDL had successfully won the bid for 37.73 Acres of prime land at Sarai Rohilla, Rani Jhansi Road Delhi, from RLDA (Rail
Slide 17: The Parsvnath Office Complex, K.G.Marg, New Delhi
The Parsvnath 27 Office Complex, K.G.Marg, New Delhi Luxury State-of-the-Art Offices Land Area : 1.185 Acres (4798 sq. mt.) Saleable Area : 1,30,534 sq. ft. (12,127 sq.mtrs) Development envisaged: Office space/Shopping All Sanctions/Approvals are in place. Status of project : Construction started. E
Slide 18: Parsvnath Redfort Tower – Bhai Veer Singh Marg
Parsvnath Redfort Tower – Bhai Veer Singh Marg Connaught Place – New Delhi Land Area : 21,403 sq. mtrs. Leasable Area : 2,84,445 sq. ft. Lease Term : 30 Years (upto Sept. 2040) Status : Phase-1 (2,21,655 sft)- ( 20,592 sq. mtr) Completed & Occupancy Certificate Recd. : Phase – II ( 65,000 sft (6040
Slide 19: Delhi Metro Rail Corporation (MRTS)
Delhi Metro Rail Corporation (MRTS) • PDL got 12 projects from Delhi Metro Rail Corporation (DMRC) in a tendering process. • Total leasable is 1.78 mn. sq. ft.(0.16M Sq.mtrs) • We have already completed around 1.00 mn. sq. ft. • Grant of concession of projects with a term of either 12 or 30 years. 1
Slide 20: Delhi Metro Rail Corporation (MRTS)
Delhi Metro Rail Corporation (MRTS) • Key tenants include: McDonald‟s / BIG BAZAAR / SBI Life Insurance/ SYNDICATE BANK / OBC/ YES BANK /Axis Bank /Haldiram/PvR cinemas /Subway/ Metro Cash‟n‟Carry / Maruti etc • Total spent to date is Rs 500 Cr ($83MM) & balance of Rs 225 Cr ($38MM) to be spent in n
Slide 21: Hospitality
Hospitality SHIRDI HOTEL Location : Shirdi, Ahmednagar, Maharashtra Land Area : 2200 sq. mt. No. of rooms : 52 Hotel Category : 3 Star Status : Under-Construction. Expected to be completed by March 2016 MoU signed with Fortune Park Hotels of ITC Welcome group to operate and market the hotel. Shirdi
Slide 22: Awards & Recognitions
Awards & Recognitions ESTATE AVENUE AWARDS • PDL has received “Developer of the Year - Integrated Township” award, under the category „Developers Awards‟ in 3rd North India‟s Real Estate Awards 2015. • PDL has received “Best Developer of Delhi NCR” award from Estate Avenue Awards. • Parsvnath‟s ultr
Slide 23: Awards & Recognitions (Cont…)
Awards & Recognitions (Cont…) WORLDWIDE ACHIEVERS REAL ESTATE AWARD 2014 PDL has been awarded “Best Developers(Commercial) of the Year” in Real Estate Awards 2014, conducted by M/s Worldwide Achievers, at a ceremony held in New Delhi. EXCHANGE4MEDIA AWARD Received „Excellence Award‟ for “Innovative
Slide 24: Strategic initiatives undertaken
Strategic initiatives undertaken • Divested non-core assets • Raised Long Term Capital • Increased project development efficiency and performance • Brought Private Equity Partners at project level • Outsourced project management and construction to improve execution performance of key projects • Lea
Slide 25: Private equity partnerships
Private equity partnerships Investor' name Amount ( Rs/mn) PDL's Share Parsvnath RedFort Tower ,Bhai Veer Singh Marg, New Delhi Red Fort Capital 1550 ( $26mn) 52% Proprium Finance Corp. 2100 ( $35mn) Delhi Heights (RLDA), Rani Jhansi Marg , New Delhi Red Fort Capital 10595 ( $176mn) 50% Exotica, Gha
Slide 26: Thank You
Thank You 26