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ANSAL PROPERTIES & INFRASTRUCTURE LIMITED. April 2010. Leading Reality and infrastructure development Company. Engaged in development of Integrated Townships, Residential and Commercial projects, Infrastructure Projects. Overview.
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ANSAL PROPERTIES & INFRASTRUCTURE LIMITED April 2010 Leading Reality and infrastructure development Company. Engaged in development of Integrated Townships, Residential and Commercial projects, Infrastructure Projects.
Overview • Ansal API was set up in 1967 as a Real Estate Development Company. • Over the years, the company has expanded its presence into more and more segments in the Realty and Infrastructure sectors. • The company presently operates in the following verticals: IT Parks SEZsFacilities Management Infrastructure & Utility Services Integrated Townships Retail Shopping Malls Commercial projects Hi- Tech Engineering Hospitality, Hotels, Clubs
About us • Ansal Properties and Infrastructure Limited (APIL) was set up in 1967 jointly by Late Mr. C L Ansal (father of Mr. Sushil Ansal) and Mr. Sushil Ansal, the present Chairman of APIL. • Focused on commercial and residential development in the CBD of Delhi in the early years of operations; Created the skyline of Delhi. • APIL went public and was listed on the Indian Stock exchanges in 1993. • Till 1998, the three Ansal brothers - Sushil, Gopal and Deepak Ansal, jointly managed the business. • In 1998, company was trifurcated among the brothers, effecting separation of businesses with a common family name.
Trifurcation of group Ansals Deepak Ansal Sushil Ansal Gopal Ansal Ansal API Ansal Buildwel Ltd Ansal Housing construction Ltd There are no cross holdings or directorships among the Ansal companies
Milestone Achievements 1967 The Company was promoted to carry on the development and real estate business. “Akash Deep” - Developed the first high rise multistoried building on ownership basis. “Surya Kiran” - Built the first 13 storied commercial building with multiple basements in Delhi. “Vikas Minar” -Built the tallest building of Delhi (till date) for Delhi Development Authority. “Amba Deep” – Constructed high rise in CBD Delhi which won three awards for best design. IPO – and was listed on the Indian Stock Exchanges. Successfully completed the Integrated township “Sushant Lok” at Gurgaon. “Ansal Plaza” – Constructed the first Retail mall in the heart of Delhi, starting the mall culture Over the years, APIL has learnt to foresee development potential of certain asset classes and created landmarks by leader in Indian Realty Sector 1969 1972 1975 1992 1993 1994 1999
Milestone Achievements 2004 APIL accorded with ISO 9001-2000 certification APIL successfully completed the largest Domestic QIP placement in India Received 14001:2004/ISO Environmental Management System Standard Launched “Affordable Housing” in Tier 1 & 2 Cities, yet another new initiative in the sector. Awarded “Star Retailer” by Franchise India for Ansal API’s contributions to development of retail industry in India. 2006 2007 2008 2009 Was amongst the first to build Multiplex – “PVR Saket” ; Revolving Restaurant – “Parikrama” ; take up overseas Projects
Expertise & Skills in Project Planning And Execution 40 years of construction and development of various asset classes has enriched the company with vast skill set and experience large & mega Townships & other infrastructure project • Ability to aggregate large trenches of agricultural land to create mega townships • Cost effective land purchase to create affordable and mid segment housing • Focus on master planning and creating mega townships • Acquisition of land in new areas – “First Mover Advantage” • Tier II cities focus with growth potential to create long term sustainable business • Need based product creation to reduce marketing risks • Development experience in all formats of development Rich Experience Specialized Departments • Expert technical and planning team to implement the strategies on ground • Expert commercial team to cater to the broad financing needs • Skilled and experienced marketing to create opportunities • Land Department to focus on the specialized needs of cost effective land purchase Team of Consultants • Renowned architecture firms - Arcop, RSP Consultants, Belt Collins engaged by APIL • Shapoorji Pallonji, Ahluwalia contractors, etc. involved in execution • Use of leading designers and interior designers to create best marketing “pulls” • Marketing and promotion firms add to the brand image and brand recognition • Firms like Knight Frank, JLL, Cushman & Wakefield assess and value projects
Development & Delivery track record • A total of 17.59 mm sft has been delivered under the commercial and residential asset classes by APIL in various locations in Delhi, UP and Haryana A mix of asset classes - the development experience of APIL speaks volume, with more than 193 mm sft of developed and delivered area under various product categories and states Saleable Area Mn. Sft. High Rise Residential Low Rise Residential Commercial Retail Industrial Others A total of 17.59 mm sft has been delivered under the commercial and residential asset classes by APIL in various locations in Delhi, UP and Haryana Others include hotel built in Delhi currently known as Marriott, Delhi
Development & Delivery track record • A total of 2,258 Acres (98.37 mm sft) of Integrated townships have been developed and delivered till date. • Besides integrated townships, 1,666 Acres (72.57 mm sft) of farm developments at various locations in Delhi and Haryana have been handed over. • A total of 21.53 mm sft of built up area under various formats of asset classes developed and sold. Housing – Valley View Estate Township – Palam Vihar Surya Kiran, CBD, Delhi Chiranjiv Tower, Delhi
Commercial Name Of Building State Built up Area (sft) With more than approximately 6 mm sft of commercial assets that have been built in Delhi and surrounding areas, the Group created value by strata selling areas in absence of institutional financing support. Manisha Hans Bhawan Meghdoot Mansarovar Manjusha Prabhat Kiran Deep Shikhar Surya Kiran Akash Deep Madhuvan Kirti Mahal Ansal Bhawan Chiranjiv Tower Ansal Chamber – I Ansal Chamber – II Indra Prakash Toatal Nehru Place, Delhi CBD, delhi Nehru Place, Delhi Nehru Place, Delhi Nehru Place, Delhi Rajendra Place, Delhi Rajendra Place, Delhi CBD, Delhi CBD, Delhi Nehru Place, Delhi Nehru Place, Delhi CBD, Delhi Nehru Place, Delhi Bhikaji Cama Palace Bhikaji Cama Palace CBD, Delhi 33,335 98,653 76,566 67,821 76,976 55 123 56,434 220,918 102,000 76,592 44, 695 1,89,732 185,195 1,34,583 164,071 2 29,732 1,812,426
Commercial Name Of Building State Built up Area (sft) Antriksh Bhawan Kirti Shikhar Jyoti Shikhar Amba Deep Tolstoy House Prakash Deep Ansal Tower Naurang House Statesman House Palam Vyapar Kendra Composite Tower Others (Palam Vihar) Sushant Vyapar kendra Sushant Shopping Arcade Times Square Galaxy Court Roman Court Other Total CBD, Delhi Janak Puri, Delhi Janak Puri, Delhi CBD, Delhi CBD, Delhi CBD, Delhi Nehru Place, Delhi CBD, Delhi CBD, Delhi Gurgaon Gurgaon Gurgaon Gurgaon Gurgaon Gurgaon Panipat, Haryana Sonepat, Haryana 233,449 76,300 79,261 201,744 135,016 144,434 162,242 184,375 276,120 287,060 111,500 150,000 228,487 419,765 112,774 263,135 175,860 6,83,672 3,925,194
Commercial Ansal Bhawan, CBD, Delhi Ansal Bhawan, CBD, Delhi Statesman House, CBD, Delhi Statesman House, CBD, Delhi
Residential Name Of Building State Built up Area (sft) With more than approximately 12mm sft of residential high rise and low rise residential developments across the NCR in the past years, APIL has been focusing on creating affordable housing solutions Gauri Sadan Aurangzeb Road Dhawan Deep Upasana Neelpadm Kunj Ankur Apartmnets Valley View Estate Ind. Duets Duplex houses Celebrity Homes Villas (various) Whispering Meadows Villas (various) Sushant Estate Sushant Royal Villas (various) Villas (various) Elite Floors Sunshine County Sushant Homes CBD, Delhi CBD, Delhi CBD, Delhi CBD, Delhi Ghaziabad Ghaziabad Gurgaon Gurgaon Gurgaon Gurgaon Gurgaon Sushant Lok Sushant Lok Sushant Lok Karnal, Haryana Haryana Panipat CBD, Delhi Haryana Haryana 96,858 1,22,981 99,473 99,473 1,55,839 51,042 19,11,729 3,39,760 2,05,540 4,98,000 12,94,045 2,12,700 9,91,786 8,99,412 9,69,368 40,000 2,66,599 3,00,000 13,38,770 90,000 12,006,483 Valley view Estate, Gurgaon Palm grove Villas, Jaipur IVY, Gurgaon Asha Deep, CBD, Delhi
Retail & Hospitality Name Of Building State Built up Area (sft) With more than approximately 2 mm sft of retail malls developed and second largest mall operator in India, APIL foresaw the retail revolution in India and planned projects at the city centre locations Ansal Plaza Ansal Plaza Ansal Plaza Highway Plaza Ansal Royal Plaza Ansal Plaza Ansal Plaza CBD, Delhi Greater Noida, UP Palam Vihar Sonipat Jodhpur Jallandar Ludhiana 157,977 800,000 345,354 442,500 80.000 65,000 140,000 2,030,831 • APIL has been constantly reviewing hospitality sector and have made headways into the sector by building the Present Marriott Hotel in Saket and successfully managing The Palms, Gurgaon • All the malls are operational and having constant footfalls. • Mix of lease and strata sales • These malls showcase multiple brands and chains APIL has been constantly reviewing hospitality sector and have made headways into the sector and have made headways into sector By building the present Marriott Hotel in saket and successfully The Palms, Gurgaon
Retail & Hospitality Ansal Plaza, Ludhiana Ansal Plaza, Jallandhar Ansal Plaza, Delhi Ansal Plaza, Ludhiana The Palms Gurgaon
Overseas Projects Name Of Building State Built up Area (sft) One of the first developers to cater to the overseas market, APIL has always looked at opportunities enabling it to enhance the value of stakeholder by taking up profitable projects Tahrir Square Prestige Tower (Residential) Baan Suan Lallanah Palm Court Service Apartment (service apartment) Fair View Tower (Residential) Hotel Atrium (commercial) Hotel in Tourist (commercial) Hotel Kron (Comercial) 1991 Iraq 1994 Thailand 1994 Thailand 1994 Thailand 1995 Thailand 1996 Thailand 1997 Russia 1997 Russia 5,05,908 4,84,380 2,69,100 3,22,920 4,84,380 6,51,222 1,89,446 1,63,343 30,70,669
Business Vertical Facilities Management Commercial Residential Infrastructure Educational Diversification has been the key focus for sustainability of APIL Group with creation of several real estate and related verticals in order to de-risk business in the long run Main business driver of APIL, it remains the largest “top line” contributor of APIL A forte of APIL, this will contribute to the business of entity as capital assets Vast experience and emerging opportunities will enable this vertical to see a scorching pace of growth Facing supply shortages and rising government spent to create immense value Management and Maintenance will grow with the increase in commercial assets
Land Reserves • Uttar Pradesh (not forming part of NCR) – contributing to 25% of land reserve with ~ 69 mm sft under 3 major Townships • With Passage of time – another 1,765 Acres (~ 71 mm sft) to be added under the development plan • Haryana (not forming part of NCR) – contributing to 10% of land reserve with ~ 22 mm sft under 5 major Townships • With Passage of time – another 300 Acres to be addedunder the development plan • Punjab – contributing to 10% of land reserve with ~ 25 mm sft under 16 major Projects (incl. 2 townships) • With Passage of time – another 100 Acres to be added • under the development plan • Rajasthan – contributing to 12% of land reserve with ~ 25 mm sft under 4 major Townships • With Passage of time – another 300 Acres to be added under the development plan • NCR (Haryana & UP) – contributing to 43% of land reserve with ~ 129 mm sft under 17 Projects (incl. 2 IT Parks , 1 SEZ and 5 major townships) Spread across 4 progressive North Indian States, the Group has not only expanded its real estate business but has also reduced the dependence on any one State for growth potential State wise breakup of Total Land Reserves – 9360 Acres Total Licensed projects comprise of ~ 10,255 Acres with ~ 7,000 Acres of land acquired / in possession for development ** ** Land reserves and Licensed Lands subject to Legal Due Diligence and certification Total Licensed projects comprise of ~ 10,255 Acres with ~ 7,000 Acres of land acquired / in possession for development To be continue…
Projects Geographical Spread of Residential Area (mm sft) Commercial Area (mm sft) The Group has more than 33 projects and more than 19 live townships which provide a maximum saleable area under the residential asset class over the next few years along with the he supporting asset classes Breakup of Gross Saleable Area (270 msf) Other Area (mm sft)
Township Projects Gross Area Salable Area (mm Sft)* Area sold Acquired/ Possessed Status A strong area and contributing maximum percentage to the top line of the group, residential master planned developments have been the main-stake of the group over the years Project/Location Megapolis Dadri, greater noida Sushant Golf City, Lucknow Sushant City - I & II. Jaipur Sushant City, Agra Township, Mohali(3) Sushant Lok-IV, panipat Sushant City, Kundli Sushant City, Meerut Sushant Lok and City, Jodhpur Sushnat City, Bhatinda Sushant city, Kamal Sushant City, Kurukshetra Sushant City – II Yamuna Nagar Aquapolis, Gaziabad 2,504 1,765 525 442 378 355 307 297 262 210 205 166 142 128 72.86 59.81 12.46 9.66 10.17 9.67 11.43 8.14 7.14 4.86 5.17 3.87 3.18 5.08 4..25 12.81 8.51 1.09 3.40 5.17 7.07 5.27 3.02 2.30 1.00 1.56 0.11 1.59 383 1,235 525 442 378 355 307 297 262 210 205 166 142 80 Development in progress Development in progress Development in progress Development in progress Development in progress Development in progress Development in progress Development in progress Development in progress Development in progress Development in progress Development in progress Development in progress Development in progress
Gross Area Salable Area (mm Sft) * Area sold Acquired/ Possessed Status Project/Location Sushant City, Ajmer Sushant Lok – IV, Gurgaon Sushant City,Kishangarh 122 110 110 2.87 2.95 2.23 1.17 - - 122 112 110 Development in progress Development in progress Development in progress 8,027 231.5 58.3 5,329 • ROI per acre - higher for townships • Tier II cities - land cost & investments lower • Absorption of plots – faster amongst asset classes • Development time – Lower • North India – favor horizontal format & plots • Investment – Long term with lower liabilities *- Does not include the Built up Area of vertical format of construction ** Subject to Verification by Legal DD
Mega-Townships Development (Sushant Lok – IV, Gurgaon – Esencia) Situated on Sohna Road, Gurgaon, the township is expected to be another landmark achievement in gated community development by APIL • Total Developable area of 112 Acres • Situated in the growth area of Sohna road, Sector 67 • Neighboring areas are fully inhabited • Infrastructure, road transport facilities in place • Land acquired and permits in final stages • Expected launch by Dec 2010 • Expected to generate a net cash flow of over INR 6000 mn in 16 Qtrs. • First Green Township in India to be certified by GREHA • Comprise of asset classes allowed as per the development plan • More than 90% saleable area is available for sale and pre sales to be opened after per permits in place • Development plan to be in the next 30 months for the township Above stated facts and Maps and layouts are subject to change due to forces not in control of the developer. The pictures shown above are not actual site development pictures SL-of presentation does not the has been sembled for the purposes this presentation. This represent in any manner that township developed and ready for possession
Hi - Tech Townships (Sushant Golf City, Lucknow) • Total First Stage Project of 1,765 Acres as per Master Plan • Land acquired privately from farmers – ensuring smooth progress • Development of the township in full scale – delivery as per timelines • Development of built up space like villas, apartments underway • APIL – Master plan developer on the entire area • Extension of equal area of 1,765 Acres on drawing board stage Situated on the growth corridor of Lucknow, first stage project of 1,765 Acres is under development and delivery will start soon in this township Above stated facts and Maps and layouts are subject to change due to forces not in control of the developer. The pictures shown above are not actual site development pictures SL-of presentation does not the has been sembled for the purposes this presentation. This represent in any manner that township developed and ready for possession
Hi - Tech Townships (Sushant Golf City, Lucknow) Estimated Project Saleable Area (First phase of 1765 Acres) SaleableArea(msf) Asset Class Net Area (Acres) Area Sold (msf) Value of Area Sold (Rs mn) Special features like Mahesh Bhupati Tennis Academy, Bio-Tech Park ,Amusement Park, world class sports club and Tourist Leisure Zone, Medical and Education facilities Plotted (Unconstructed Area) Built up units Group Housing Golf Apartments Golf Villas Affordable Housing Social Housing Commercial Industrial IT Park Medical Education Other Social Assets 180 68 133 30 51 11 4 194 59 50 36 88 86 990 7.8 2.2 8.8 2 1.7 0.6 0.3 21.1 3.1 3.3 1.6 3.8 3.7 60 7.1 1.5 1.2 - - 0.5 0.2 0.1 - - - 1.6 0.5 12.7 3,181 2,968 1,235 - - 694 265 297 - - - 125 146 8,911 • Project has already sold plots totaling 7.1 mm sft . • Realization from above plots is INR 3,181 mm @ INR 4,000 / Sq. Yd. • Current trading price for these plots is INR 8,400 / Sq. Yd. • Offer for Possession of initial blocks already made • Approximately 1.5 mm sft of Villas and 1.2 mm sft of Group Housing has been already sold. • Sale value of Villas ~ INR 3,000 mm and ~ INR 1235 mm for apartments • Affordable Housing sold till now ~ 0.5 mm sft Above realizations have been arrived at by taking into account the current pre sales prices and projected sale prices of balance area. The realizations do not take into account the share of the collaborators / revenue share agreements, wherever applicable
Hi - Tech Townships (Megapolis, Dadri) Estimated Project Saleable Area (First phase of 1765 Acres) SaleableArea(msf) Asset Class Net Area (Acres) Area Sold (msf) Value of Area Sold (Rs mn) Over the years, the Township will be a model one in the NCR and will be a self sustained township with multiple avenues for employment generation and trade facilities available within the vicinity Plotted (Unconstructed Area) Single Family Units/ Villas Vertical Apartments Commercial Industrial/IT Park Retail Hotel Other Social Assets 3.6 0.1 0.6 0 - - - - 4.3 14.7 3.3 23.4 12.5 4.6 3 1.1 10.4 73 336.9 65.2 273.4 143.2 105.4 37.4 9.7 242 1213.2 2714.5 152.6 1171.6 36.7 - - - - 4075.4 Above realizations have been arrived at by taking into account the current pre sales prices and projected sale prices of balance area. The realizations do not take into account the share of the collaborators / revenue share agreements, wherever applicable
Hi - Tech Townships (Megapolis, Dadri ) Situated right next to Greater Noida, the best township in North and with in the growth corridor of NCR, it is slated to turn into a world class township over an area of 2,504 Acres • Total extent of project approved by the State Government ~ 2504 acres • Master Plan approved and land notified under the present norms • Land for the Ist phase is acquired and development underway • Presales for the available plots complete and affordable villas carried out • APIL will assume the role of Master Developer for the township • In addition – vertical construction for housing and commercial to be carried out by APIL over various phases • Located 25 mintues from popular Noida centre and adjustment to Greater Noida • 18 Hole international Golf designed by Nick Faido • Tie ups for world class facilities in Education, Sports and HealthCare • Project in financial partnership with HDFC AMC. • Option to expand area by similar size project. To be continue… Above realizations have been arrived at by taking prices projected sale prices of area. The realizations do not take into account the share of the collaborators / revenue share agreements, wherever applicable
Commercial / Retail / IT A strong area from the very inception of APIL, thereby continuance of the expertise in this field to leverage the strong marketing skills possessed by the company is an obvious way forward Sushant Haat, Jodhpur Campus, Greater Noida Times Square, Gurgaon Orchid, Jaipur Tulip, Jaipur Ansal Plaza, Jodhpur Actual Site Photographs of various townships under development at present representing the actual progress on ground Tulip, Jaipur
Pioneer – Agro SEZ Understanding the need for the industrial and infrastructure demand, APIL took on the development of industrial parks and has firm plans for infrastructure developments • Pioneer Agro SEZ" at Murthal, Sonipat. • A total project area of 250 Acres with 70% processing and balance as non processing zone for ancillary units • Planned for 1000, 2000 & 4000 Sq. Mtr. Plot area with built up area for the industrial units to operate • Floriculture, Dried and preserved vegetables, Pulses, Dairy products, Cocoa products, Alcoholic and Non Alcoholic products, Milled products, Jaggery and Confectionery, Meat and Meat preparation, Biscuit manufacturing etc. • Benefits include Tax Holidays, Unlimited Domestic Sales on payment of duty, 100% FDI permitted through automatic route • Progress on the development is underway and project will be launched shortly With presence of local industries in the vicinity and availability of labor, located on Grand Trunk Road, this industrial park offers locations for industrial units close enough to Delhi on NH – 1.
Industrial Park Gurgaon and Manesar being the top on employment generation graph, location of this industrial park provides an added advantage with the freight corridor being planned on the NH - 8 • Pioneer Industrial Park" at Bilaspur, Gurgaon provides an ideal location for industries • A total project area of 112 Acres with more than 50 acres of industrial plots to be offered for industrial units • Planned for 1000, 2000, 4000 & 8000 Sq. Mtr. Plot area with built up area for the industrial units to operate • Agro based & food processing, Electronics & Telecommunication, Automobiles & automotive components, Textiles, Exporting Units, Tourism, Hotels, Hospitals, Pharmaceuticals industries can set up units • Hi-tech infrastructure for better mobility and accessibility with a dedicated substation for power supply, Proposed roads of 18-30m to connect industrial site from all sides, and an Effluent Treatment plant to take care of sewage • Special incentives for setting up mega units in terms of sales tax and investment subsidy along with interest free sales tax subsidy and benefits for exporting Strategically positioned in Haryana, ~ 10 km from renowned IMT, Manesar, ~ 10 min drive from Gurgaon industrial & residential hub, Close proximity to IGI Airport
Business Verticals Facilities & Services Management Infrastructure Construction & Maintenance • Facilities Management as a business is a related revenue generator • With more than 20 buildings developed, facilities management has become a necessary aspect of the operations • New buildings under construction provide an in house facilities and parking management facilities • In house experts on facilities and services management add to the competency of APIL • Currently facilities management garner ~ INR 300 mm in revenues on an annual basis which is slated to grow at a steady rate with new buildings becoming ready for possession • Under Hi-Tech Policy, Facilities to be built and operated by the developer till the formation of a Corporation • The Vertical to build and operate the facilities on a long run basis • Revenue generator for the vertical – construction contracts and operations revenue from the maintenance • with more than 6,000 Acres of present townships and another ~ 3,000 Acres to add - facilities maintenance revenues to be substantial Infrastructure development and facilities management - seen as the future revenue generator, APIL intends to strengthen the presence in this area by capitalizing on internal strengths
Facilities & Services Management Infrastructure development and facilities management - seen as the future revenue generator, APIL intends to strengthen the presence in this area by capitalizing on internal strengths Facilities & Services Management • Facilities Management as a business is a related revenue generator • With more than 20 buildings developed, facilities management has become a necessary aspect of the operations • New buildings under construction provide an in house facilities and parking management facilities • In house experts on facilities and services management add to the competency of APIL • Currently facilities management garner ~ INR 300 mm in revenues on an annual basis which is slated to grow at a steady rate with new buildings becoming ready for possession Infrastructure Construction & Maintenance • Under Hi-Tech Policy, Facilities to be built and operated by the developer till the formation of a Corporation • The Vertical to build and operate the facilities on a long run basis • Revenue generator for the vertical – construction contracts and operations revenue from the maintenance • With more than 6,000 Acres of present townships and another ~ 3,000 Acres to add - facilities maintenance revenues to be substantial Above stated facts and Maps and layouts are subject to change due to forces not in control of the developer. The pictures shown above are not actual site development pictures SL-of presentation does not the has been sembled for the purposes this presentation. This represent in any manner that township developed and ready for possession
Defining Corporate Governance Shri Sushil Ansal, Chairman & Whole-time Director Experience of more than 40 years in real estate development, industry and business, is our promoter. A member of the Executive Committee of FICCI and Associated Chambers of Commerce and Industry. He was the Chairman of Rajdhani Estate Promoters & Builders Association and Overseas Construction Council of India. He is the past President of PHD Chambers of Commerce & Industry. Shri Pranav Ansal, M.D. & Whole-time Director Has varied experience, expertise and business acumen of Real Estates Business and general corporate management. Mr. Pranav has been very active in the day to day management of the company and has been the main force behind the diversification initiative of eh group to create enhanced valuation for the stakeholders at all levels and continue the process for years to come. Shri Anil Kumar, CEO & DMD An eminent professional in Finance and Accounts, has attained numerous professional degrees like D.C.L., A.C.S.,F.C.A. and LL.B. He started his career in 1982 with a professional firm and thereafter joined Superior Air Products Ltd. He joined Ansal Properties & Infrastructure Ltd. in 1999 as VP - Finance and at present working as a Deputy Managing Director & CEO of APIL, Shri D. N. Davar, Non Executive Director An eminent professional, started his career from Punjab National Bank (PNB). Thereafter, he joined the IFCI in 1968 and retired as Executive Chairman in 1992 from IFCI. He was on the Board and Executive Committee of IDBI, IRBI for nearly 8 years and also on the Board of LIC Housing Finance Co. Had been part time consultant to the World Bank, UNIDO and KFW. . Above stated facts and Maps and layouts are subject to change due to forces not in control of the developer. The pictures shown above are not actual site development pictures SL-of presentation does not the has been sembled for the purposes this presentation. This represent in any manner that township developed and ready for possession
Defining Corporate Governance Shri R. C. Vaish, Non Executive Director An eminent practicing Chartered Accountant having over than 30 yeas of rich and varied experience with specialization in internal taxation and finance, tax planning and off-shore investment. He has worked with Coopers and Lybrand in New York, Singapore, London and New Delhi. He was a member of the Company Law Advisory Committee, Regional Tax Advisory Committee and various fiscal committee of FICCI and ASSOCHAM. Shri Rahul C. Kirloskar, Non Executive Director Well known name in the Industry and on the Board of several reputed Companies in Kirloskar Group. Air Chief Marshal O. P. Mehra (Retd.), Non Executive Director After retiring as Chief of Air Force & Governor of States of Maharashtra and Rajasthan, is associated with eminent Corporate Groups. He has vast experience in Administration, Planning and Management of the affairs of several organizations/ institutions. The Company is privileged to have his vast experience, guiding force behind corporate decisions Shri Lalit Bhasin Non Executive Director He is a distinguished lawyer with four decades of law practice. He held several important posts as General Secretary of Bar Association of India, President of Indian Society for Afro Asian Studies, Honorary Life Member and Council Member of International Bar Association. He has been nominated on the Advisory Committee of the Central Government for advising on matters arising out of administration of the Companies Act Shri P. R. Khanna, Non Executive Director Has vast experience in the areas of financial management and auditing, was Director of State Bank of India and also Trustee of UTI prior to re-organization of UTI. He was Central Council member of the Institute of Chartered Accountants of India (ICAI). Presently he is on the Board of UTI Assets Management Company Limited, UTI International Ltd, DCM Shri Ram Industries Ltd. Etc.
Financials Explained Strong Demographic & Economic fundamentals driving the demand Low Mortgage Growing Middle Class Housing Scenario Housing Demand Source : DB Research Households (000’s) Housing loan disbursement Annual Income (Rs mm) • with the projected demand growth for owned housing and demand per annum for new housing the industry provides an immense opportunity to capitalize • Large scale investment in billions of US$ required to fulfill this demand gap • The demand gap increasing every year with the increase in population and urbanization • increase in middle income families – driving on economic growth • more number of rich families in the market space demanding more options and quality real estate • changes in tastes and expectations have also lead to a drastic change in the way real estate is being looked at • increasing demand for affordable space • Increasing rental substitution with capital investment in real estate • Middle Income family’s acceptance to mortgage increasing tremendously • Lower mortgage rates and consumer friendly policies – popularity increasing • Even today mortgage rates low against other countries - traditional practices changing Housing Shortage & affordable housing absorption showcase a strong fundamental driver in the shape of housing. Continued investment in housing will reap positive results
Financials Explained Past Performance and visible future project a healthy growth pattern Sale of Developable Area (mm sft) Financials +2% • Robust sales in 2007-08 drew the total area sold up by more than 100% • 2008-09 had been a challenging period for the industry as a whole • Projected sales of 2009-10 reveal a strong pattern on the backing of affordable and low income housing • Continuing pattern in future years - infrastructure and housing
Disclosure The information contained in this Presentation (“Executive Summary”) is highly confidential and is being delivered to you as, irrespective of being a prospective investor is, solely for your individual use, is not to be reproduced or distributed to any other persons, and is intended solely for the use of the persons to whom it has been delivered. This Executive Summary is qualified in its entirety by the information, including the risk factors, set forth in the Confidential Private Placement Memorandum, as appropriate (as amended or supplemented from time to time, the “Memorandum”), which will be distributed to the prospective investor and the prospective investor must review the information contained in the Memorandum prior to making an investment decision. This Executive Summary is not an offer to buy or sell, or a solicitation of an offer to buy or sell, an interest in the investment. Accordingly, investor should be aware that they will be required to bear the financial risks in the investment for an indefinite period of time (including the possibility of a total loss of such investment). There can be no assurance that the investment objectives of the investment will be achieved or that there will be any return of capital. Therefore, an investor should only invest in the investment if the investor can withstand a total loss of its investment. Statements in this Executive Summary are made as of September 2009, unless otherwise stated herein, and neither the delivery of this Executive Summary shall at any time under any circumstances create an implication that the information contained herein is correct as of any time subsequent to such date. As used in this Executive Summary, all references to “dollars” or “$” or “US$” refer in all cases to United States dollars and Rs. or INR refer in all cased to the Indian Rupee. This communication was written to support the promotion or marketing, to the extent permitted by applicable law, of the transaction or matter addressed herein and, therefore, was not intended to provide, and may not be relied upon for legal, tax or financial advice. Area statement / Sale Areas / Sales Projections / Built up Area projections in certain cases are subject to change due to forces beyond the control of APIL and APIL does not assume any liability in case anyone makes an investment decision based on these facts. Representations made in the Presentation are subject to change without any notice and APIL does not assume the responsibility to inform anyone, relying on these representation, about the change in facts . Contact Us:- Dinesh Gupta, Phone no. +99 11 9971001270 visit us:- www.ansalapi.com