DS Kulkarni Developers Ltd · NSE:DSKULKARNI

DS Kulkarni Developers — Fact Sheet (March 2021)

18 slides from DS Kulkarni Developers's fact sheet, March 2021

  1. Slide 1: Stress Asset Investment Opportunity

    Stress Asset Investment Opportunity D S Kulkarni Developers Limited (DSKDL) Under Corporate Insolvency Resolution Process (CIRP) March 2021 Confidential presentation for limited circulation only 1

  2. Slide 2: Disclaimer

    Disclaimer • Investment Teaser : This document is provided to the Prospective Applicant. This Investment Teaser is being made available to you for your exclusive use, providing details of corporate debtor M/s. D.S. Kulkarni Developers Limited (hereafter “DSKDL”). • The Investment Teaser does not pur

  3. Slide 3: Table of contents

    Table of contents Sr.No. Particulars Page No. 1. Company Snapshot 4 2. Reasons for downturn. 5-6 3. Details of Claims received 7 4. Key Investment Highlights i) Land Parcels 8 - 10 ii) Ongoing Projects 11 - 15 6. Industry Highlights 16 7. FDI Policy 17 3

  4. Slide 4: Company Snapshot

    Company Snapshot  Erstwhile Listed on the BSE/NSE, DSKDL has been a dominant Market player in the Pune’s Real Estate sector for the last 3 decades. (Presently suspended)  Completed over 50 projects in major cities like Pune, Mumbai and Bangalore over last 3 decades.  Constructed over 33,000 house

  5. Slide 5: Reasons for Downturn

     The company entered into a joint venture with GTC Cyprus, a Kardan Group Company as a co-developer for the development of a Special Economic Zone at Fursungi, Pune.  The company received final approval from the Special Economic Zones Board of Approvals (SEZ BOA) to develop the SEZ of approx 250 a

  6. Slide 6: Reasons for Downturn

     The project could not be completed due to the project delays, slowdown in the real estate sector; the group started defaulting on interest payments to the investors’ of FDs and interest on loans and faced liquidity issues.  Further, additional debt in form of inter corporate deposits and long ter

  7. Slide 7: Details of Claims received

    Details of Claims received Sr. No. Category of Creditors Amount (Rs. in Crores) 1 Financial Creditors Class of Creditors - Home Buyers 257.69 Class of Creditors - Fixed Deposit Holders 4.68 Debenture Holders 156.75 Unsecured Financial Creditors 25.30 Banks & Financial Institutions 1,109.86 1,554.28

  8. Slide 8: Few Prime Land Parcels Owned by D. S. Kulkarni Developers Limited

    FEW PRIME LAND PARCELS Owned BY D. S. Kulkarni Developers Limited. 8

  9. Slide 9: Fursungi, Pune

     Fursungi, Pune Owner: D S Kulkarni Developers Limited Location: Pune- Solapur Highway Road, Next to Manjari Grape Farm - Tarvach Village, Kadamwakwasti, Fursungi, Pune Area: 236 Acres approx. FSI: Permissible and has development potential Salient Features:  Existing Pune Lahegoa Airport - 20 min.

  10. Slide 10: Balewadi, Pune

     Balewadi, Pune Owner: D S Kulkarni Developers Limited. Location: S No.44 Hissa No. 1A, 3B , 10B , 4 and 11 Balewadi , Taluka Haveli district Pune Area: 41,786 sq. meter. approx. FSI: Permissible and has development potential. Salient Features:  Within Pune Municipality Corporation limits  Fully

  11. Slide 11: Ongoing Projects of D S Kulkarni Developers Limited

    Ongoing Projects of D S Kulkarni Developers Limited. 1 11 1

  12. Slide 12: DSK DreamCity – Waterfall Residency

     DSK DreamCity – Waterfall Residency Location: - Fursungi, Pune No of Buildings: 8 , A to H Total Flats: 1044 Flats Sold: 84 (as per Rera) Balance Flats: 960 % Completion: 10% Key Features of DSK Dreamcity Project:  State of Art facilities like 4.5 km. long man made river, Boat facilities to trans

  13. Slide 13: DSK Vishwa Phase VI Anandghan and DSK Madhukosh

     DSK Vishwa Phase VI Anandghan Location : Dhayari, Pune No. of Buildings : 11, A to K Total Flats : 930 Flats sold : 460 * Balance Flats : 470 % Completion : 50%  DSK Madhukosh Location: Andheri, Mumbai No. of Buildings: 3 , A to C (Building No. A and B have been occupied by the Tenants) Total Fla

  14. Slide 14: DSK Mayurban and DSK Nandanvan

     DSK Mayurban Location: Pirangut, Pune No. of Buildings: 03, A to C Total Flats: 306 Flats sold: 126 * Balance Flats: 180 % Completion: 50%  DSK Nandanvan Location: Pirangut, Pune No of Buildings : 2 , A & B Total Flats: 209 Flats Sold: 149 * Balance Flats: 60 % Completion: 40% 14 * The units sold

  15. Slide 15: DSK Gold Leaf

     DSK Gold Leaf Location: Baner, Pune No of Buildings: 1 Total Flats: 14 Flats Sold: 8 (as per Rera) Balance Flats: 6 % Completion: 40% 15

  16. Slide 16: Industry Overview

    INDUSTRY OVERVIEW  Infrastructure plays a huge role in propelling other industries and India’s overall development. The government, therefore, focuses on the development of infrastructure and construction services through focused policies such as open FDI norms, large budget allocation to the infra

  17. Slide 17: FDI Policy

    FDI Policy.  100% FDI through the automatic route is permitted in the following construction (development) projects: • Development of townships • Construction of residential/commercial premises • Construction of roads or bridges • Construction of hotels, resorts • Construction of hospitals, educati

  18. Slide 18: Thank You

    Thank You Process advisor: S J Financial & Management Consultants Ltd (Appointed by the CoC members) Email Id: Vijay@sjfinancial.co.in Address: 1204, Maker Chambers V, 12th Floor, Nariman Point, Mumbai - 400021 18

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