The opening lines of the Expat story were written in 1994
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2 The opening lines of the Expat story were written in 1994 in a small office in Ballard Estate, Mumbai. Three business school graduates got together to set up a company to provide NRIs services in India and thereafter became a sub-broker in the Middle East. This created a platform to market real estate projects of Indian developers to prospective buyers in this region. Over the years Expat has grown from a retailer of property to a provider of turnkey real estate solutions. However what sets Expat apart is their unwavering commitment to putting values before profits. In a market where consumers tread with trepidation, Expat comes as a breath of fresh air. Uncompromisingly honest and transparent, the company is dedicated to delivering service levels that have never been seen before in real estate. Representative Image
3 23 YEARS IN REAL ESTATE. A FEW GUIDING PRINCIPLES The milestones over the past 2 decades are numerous. Expat has conducted business with close to 12,500 customers and transacted over 12,000 acres of land. Today, the company has a presence in 6 countries with over 750 channel partners. A diverse portfolio of projects span the length and breadth of the real estate space. Expat s offering of solutions currently include Property Development, Hospitality (Leisure & Resorts), Engineering & Construction, Education, Investments and Media. The company s guiding principle in business is to build relationships. Expat s constant focus to achieve customer delight through the emphasis to minimize client s risk and maximize his/ her returns. Predictive modeling, project conceptualization based on customer behavior and needs, strong legal and land procurement teams and an unwavering commitment to transparency and simplicity, are the hallmark of all Expat projects and customer interactions. BUILDING VALUE ONE BRICK AT A TIME.
4 Expat Sparsh, Karjat. A warm and comfortable environment, to wind down with your loved ones. EXPAT WEEKEND HOMES A world of perfect moments and happy memories with your loved ones. Who wouldn t want to get away for a short break at Open amphitheater at Expat Sparsh the end of a hectic week? Expat weekend homes are designed to provide just that. A short drive from Mumbai and Pune, Expat s weekend home projects are a collection of chalets and studio apartments set on a large property which also offers a variety of recreational and sports facilities for guests to enjoy. These properties are fully managed and maintained by Expat Leisure and Resorts. In addition to the long term gains of property investment, investors also benefit from rentals that these homes bring in when they re not using it themselves. Club house at Expat Sparsh Club house at Expat Sparsh This getaway is a breath of fresh air for city dwellers which allows them to explore the scenic bio-diversity of Maharashtra while indulging in activities like camping, hiking, cycling and swimming. Chalets at Expat Sparsh
5 Visitors enjoying themselves at Expat Sparsh Resort Homes and Chalets A View of Expat Sparsh weekend home in Karjat The swimming pool at Expat Sparsh A fully furnished private chalet in Expat Sparsh, Karjat. Mock Flat, The Wisdom Tree Community, Bangalore.
6 EXPAT APARTMENTS AND TOWNSHIPS A nicer home. A better lifestyle. Now within your reach. 343 Apartments Handed Over Our apartment and township projects reflect our commitment to putting values before profits. Innovation and technology are used to deliver a highly desirable lifestyle at surprisingly affordable prices. These complexes are designed with amenities that help residents maintain a healthy work-play balance, with facilities for sports, entertainment and retail built in. All this and more is made possible by seeking out proven professionals in the field to collaborate with. AEDAS for architecture and master planning of projects in Navi Mumbai and Bangalore; and Cushman & Wakefield for facility management of Expat Genesis in Pune, among others. Sample apartment at Expat Genesis, Pune.
7 Ongoing construction at Expat Solitude Enclave, Goa. ONGOING CONSTRUCTION AT EXPAT SOLITUDE ENCLAVE, GOA.
8 The Model Apartment at The Wisdom Tree Community, Bangalore.
9 VIDA PHASE 1 VIDA PHASE 1 VIDA PHASE 2 Ongoing Construction at Expat Vida phase I, Goa. VIDA PHASE 1 Ongoing Construction at Expat Vida phase I, Goa. VIDA PHASE 2 VIDA PHASE 2 Ground breaking ceremony at Vida Goa Phase II, Goa. CELEBRATING NOTEWORTHY MILESTONES AT EXPAT VIDA PHASE 1,2 Vida Phase I - Handover has commenced Vida Phase II - Unit allocation has commenced Ongoing Construction at Expat Vida phase I, Goa. Ground breaking ceremony at Vida Goa Phase II, Goa. Ground breaking ceremony at Vida Goa Phase II, Goa.
10 LAUNCH AT EXPAT VIDA TALOJA AND ON SITE CONSTRUCTION Vida Taloja - Unit allocation has commenced Ground Breaking Ceremony at Expat Vida, Taloja, Navi Mumbai. Ongoing Construction at Expat Vida Taloja, Navi Mumbai Ground Breaking Ceremony at Expat Vida, Taloja, Navi Mumbai. Ongoing Construction at Expat Vida Taloja, Navi Mumbai
11 Render Images at Vida Uptown, Goa. Launch ceremony at Vida Uptown, Goa.
12 EXPAT LAND PROJECTS Over 12,000 acres of land transacted. Over 200 projects across Gujarat, Karnataka, Tamil Nadu, Andhra Pradesh, Maharashtra, Goa & Rajasthan. This includes 140+ projects in West India ( Maharashtra & Goa), and 66+ projects in South India (Karnataka, Tamil Nadu, WEST 140+ Projects Andhra Pradesh). UNNATI UTKARSH SOUTH GREEN MEADOWS IRIS 66+ Projects LAVANIA GARV FLORENCE HARVEST RISHIKA PARADISE CITY RASHMIKA MAHIKA ZENITH CREST ADVIKAM NIDHI PROSPERA HORIZON DON T TAKE OUR WORD FOR IT. LISTEN TO OUR CUSTOMERS.
13 Ongoing work to lay motorable roads at Hillcrest, Palasamudram, Andhra Pradesh. Fencing at Nidih, Thally, Tamil Nadu. LAND AS AN ASSET CLASS Wealth generation to help elevate your net-worth. For years we ve evangelized investments in land as the safest and most profitable over a long term. Expat s expertise in predictive modeling ensures it is able to deliver on its promise of minimizing risk and maximizing returns. Fencing at Laverne, kagenapalli, Andhra Pradesh. What s more, Expat s Customer First approach ensures hassle-free legal clearances, transparent cheque-only transactions and simple no-surprises paperwork. And in order to make these investments easily accessible, the entry prices are kept very low and easy interest-free installment based payment options are made available to customers. Evidence of the success of this approach is the fact that over 12,000 acres of land have been sold to close to 12,500 customers across 7 Indian states.
14 Motorable Road and Fencing at Serenity, Dharmapuri, Tamil Nadu. Fencing at Springfield, Hindupur, Andhra Pradesh. Fencing at Aishwaryam, Trichy, Tamil Nadu. Motorable Road at Mahika, Hiriyur, Karnataka. Tar Road with Demarcations and Electric Pole at The Gardens, Khalapur. A SNAPSHOT OF COMPLETED AND UNDER PROGRESS PROJECTS FROM EXPAT A View of our land development projects across India Fencing at Garv, Kudali, Maharashtra. Fencing at The Gardens, Khalapur.
15 Bangalore North Cluster Crest I and II: Govt Survey completed. Project fencing in progress. Crest III: Project fencing completed. Development layout drawing is ready. Development will commence soon. Springfields I: Project Completed. Open for registration and handover. Springfields II: Project development is completed and project is ready for handover. Registrations will open in April Springfields CLP: Project Completed. Open for registration and handover. Laverne Project fencing completed. Development layout drawing is ready. Conversion is done except for 1.5 acres. Applied for conversion for the remaining 1.5 acres out of total 41 acres. Zenith I: Development in progress. 50% work completed. Zenith: Development in progress. 50% work completed. Project is on a fast track development for an early completion (phase wise). Rashmika: Govt Survey and bush clearance completed. Project fencing in progress. Expected Delivery: Crest I & II June 2018, Crest III-December 2018 Expected Delivery: Springfields II:May 2017 Expected Delivery: September 2017 Expected Delivery: Zenith I-July 2017, Zenith-June 2018 Expected Delivery: April 2018
16 GREENMEADOWS PALMGROVE Bavla Cluster North Cluster Vile Bhagad Cluster Thekkady Cluster Greenmeadows Project Fencing Completed. Land Filling & Levelling Completed. Plumbing Work to Start from 1st week of April PalmGrove Project Fencing Completed. Land Filling & Levelling Completed. Plumbing Work to Start from 1st week of April Unnati I: Land conversion done. Chain-link fencing for the project done. Landscape plantation at site initiated. Unnati II: Land conversion done. Chain-link fencing for the project done. Landscape plantation at site initiated. GARV: Project fencing is in progress. 1st batch for approx 100 units has gone for approvals. Rest will go for approval soon after receiving the 1st lot approval. GARV-BS: Project fencing is initiated. Mountain Dew Project fencing, plot demarcation, access road, internal motorable roads completed. Expected Delivery: September 2017 Expected Delivery: Springfields II: May 2017 Expected Delivery: Unnati I, Unnati II-June 2018 Expected Delivery: Garv-Phases 1 to 4: July 2018, Phases 5 to 7: Nov 2018 Garv-BS: April 2018 Project Completed and ready for handover
17 swarnika II South Chennai Cluster Indapur Cluster Advikam DTCP approved, fully developed. Prospera DTCP approved, fully developed. Aishwaryam: Phase I is handed over. Phase II is ready for handover. Swarnika: Physical possession taken, govt. survey has been applied for. Bush clearance activity completed. Harvest II: Govt. demarcation process to be initiated in May Development work at site to initiate by Sep Project Completed Project Completed Expected Delivery: November 2018 Expected Delivery: December 2017
18 Tuticorin Cluster Pali Khopoli Cluster Sindhudurg Cluster Horizon Bush clearance and levelling work completed. Project fencing work started. Approach road is demarcated, work to start shortly. Vismaya Final development plan drawings for the project is in progress. Project fencing completed. Bush clearance started. Mystic Hills: Govt. demarcation work for project is initiated. Project fencing work to be initiated post govt. demarcation work completion. Approvals to be applied by May Samruddhi: Govt. demarcation work is done at site. Approval process commencing in April Carnival: Govt. demarcation process is initiated. Approach road to the project is done. Project fencing actvity to start by May Expected Delivery: Mystic Hills, Expected Delivery: December 2017 Expected Delivery: December 2017 Expected Delivery: May 2018 Mystic Hills II & Mystic Hills CLP: June 2018, Mystic Hills HNI: December 2017 Expected Delivery: December 2020
19 EXPAT AARUSHI KHARDI Mahad Cluster Aarushi: Partial development has started. Anahita Partial development has started. Project fencing work has started. Access road development work to start by May Ananya 60% of development work has been completed. Saubhagya: Development work is in progress. Saujanya: Development work to start by May Expected Delivery: November 2017 Expected Delivery: November 2019 Expected Delivery: May 2018 Expected Delivery: April 2018
20 Pune South Cluster Florence II: Boundary demarcation done. Internal road done. Plot demarcation done. Grand Boundary demarcation done. Internal road development is in process. Primera Boundary demarcation done. Access road developed. Flourish Boundary demarcation done. Internal road development is in process. Hiranya: Boundary demarcation work started and completed for part of the project.
21 Balance the Club, Bangalore. XLR8 AND BALANCE THE CLUB BANGALORE, PUNE. XLR8, Bangalore. Balance the Club, Bangalore. XLR8, Pune. XLR8, Pune.
22 EXPAT ENGINEERING Hiranandani Fortune City Scope of work: Civil & finishing works Total area: sqft Project Duration: 24 months Total value of Contract: `101 Crore Expat Engineering continues to increase it s construction portfolio with current projects underway valued at almost Rs. 650 Crores. This includes construction partners such as Hiranandani and Brigade EXPAT LEISURE AND RESORTS Excel School, at Mysore. Sand and Aggregate Project (Dredging/De-silting River Lumintao) work in Manila Philippines with a total area of 750 acres over 5 years. Certified as Class III contractors for Government works by Karnataka Public Works Department Expat Leisure and Resorts continued to see exponential growth registering over 1 Lakh annual footfalls across all its centres and is opening its second center in Pune. 147 corporates used the facilities of XLR8 and Club Balance. We saw many new brand partnerships including the Padukone Badminton academy, Decathlon and Play Gym.
23 TESTIMONIALS FROM EXPAT CUSTOMERS WHO HAVE INVESTED IN LAND, APARTMENTS OR WEEKEND HOMES Land is today one of the best assets you can have against your name. Other assets like mutual funds don t appreciate as much and have their own risk. Additionally, land appreciates better than any built-up property and there is no stagnation of prices. Expat s monthly payment options made it very easy for a working professional like me to invest. Every transaction is through cheque which Land is a finite entity and as population grows, so will the demand for land. My brother introduced me to Expat. Their core values and integrity helped me invest my money and trust with the company. Three years and multiple investments later, I have no regrets. The returns on my land investments have been Expat is quick to respond to customers, no matter what the query is. On new products they offer complete clarity, which helps customers comprehend easily. I ve had a very good experience with Expat. Mr. & Mrs. Gopalakrishnan Natarajan, Strategic Planning Manager, Qatar Steel, Qatar The rate offered to me for Expat Genesis was lower than existing market rates. Expat charged us exactly the amount that had been quoted and they took the entire amount by cheque, unlike other builders who always have hidden charges and ask for cash as well. "Frankly I had not heard about this Developer, till I met my old friend who is a part of this team. But from the time of site visit to the property till now, the experience has been very professional and classy. I don't think they are meant to be looked at any lesser than the oldest established Builders and Developers in the industry. From the way they interact, amicable approach, importance to every clients query, etc is amazing. Only company where I see there is a relationship manager attached to you for all your Units/Property needs end to end. They are doing a great job at project site also. I have recommended to all my family and friends." - Nandish Ramamurthy, Assistant Vice president, Bangalore. makes it a very safe investment. I look forward to investing again with Expat in the future. I would also refer Expat to others. much better than equity/ mutual funds etc. Group Captain, Dr. Rajesh Kumar Lalla, Ravindra Shinde, Professor of Zoology, Pune My association with Expat as a client is for more than two years now, I have invested in two of their projects - Dr. Nilesh Madkikar, ENT Surgeon, Pune Senior Specialist in Anaesthesia, Expat Vida, Chandapura, Bangalore and Sultan Qaboos Hospital, Oman Land is perhaps the asset which can beat the high rate of inflation in our country, in the long run. Expat, being a professional and trustworthy brand, has helped many customers like me to dilute the risk of land-investments. They have also carried out in-depth market research to identify and acquire land in regions with high growth potential. Raj Mukherjee, Yahoo, Bangalore It was after losing heavily in mutual funds that I decided to invest in land. The results have been wonderful to say the least. I have so far invested in two land projects with Expat. Their terms and conditions are very genuine and all payments are by cheque, which gave me a great deal of security. Mathew Varkey, Chartered Accountant, Kuwait Expat Carnival land project close to North Goa. It is really a great personal experience in real estate journey with them. They are one of the few professionally managed company with a great supporting staff who are always ready to go extra mile to support the client to any level. The best part of Expat is the after sales service, wherein they will have a relationship manager attached to every client who will address the client concerns at every level. Last but not least, Expat is one of the organised company in unorganised sector like real estate. - Praveen Jha, Executive Director, Bangalore.
24 IN THE NEWS SOUTH ANDHRA AND TAMIL NADU BELT GOA SINDHUDURG BELT We are excited to share some recent developments in the areas surrounding your investment. These will have a direct impact on the value of your investment further validating your wisdom in investing with Expat. The articles listed here are some of those that will have a direct impact on your portfolio and have been featured in prominent publications. WEST RAIGAD AND PUNE BELT CITY S RING ROAD PROJECT BROUGHT BACK ON TRACK PMC assigns private consultant to draw up detailed project report in three months, prodded by CM to keep route out of defence land. A commitment ring it was for Pune's populace, a promise that the city would never have to be choked by burgeoning traffic. And, it took almost three decades and much bureaucratic meandering to make that project edge to a fruition. Speaking to Mirror, Rajendra Raut, the superintending engineer of PMC's road department, said, "The DPR includes a feasibility report, geometric study, traffic study, design and estimation of the project. The civic body has roughly estimated a project cost of around Rs 7,000 crore. Till 2015, it had estimated a cost of Rs 150 crore per kilometre NAIDU LAYS STONE FOR ELECTRONICS PARK Chief Minister N. Chandrababu Naidu on Thursday laid the foundation stone for the first-ever electronics park in the district, coming up in Lepakshi mandal, near the Andhra-Karnataka border. Appreciating Hindupur legislator Nandamuri Balakrishna for his continuing efforts to improve the social infrastructure in the constituency, he said that the TDP government always attached great importance to Hindupur, as it was represented by its founder and former Chief Minister N.T. Rama Rao. 252 ACRES AT MOPA SET ASIDE FOR COMMERCIAL DEVELOPMENT PANJIM: A whopping 252 acres of land acquired for the Mopa international airport will be utilised for commercial development, Chief Minister Laxmikant Parsekar said on Thursday. Addressing media persons, Parsekar said the Mopa airport, the second international airport in Goa, will be built on an area of 84,68,261 sq mtrs (2093 acres), of which 252 acres, over 12 percent of the area, would be utilised for commercial development. Prime Minister Narendra Modi will lay the foundation stone for the airport along with that for the Electronic City at Tuem on November 13 during his visit to the State. Both projects are proposed on public-private partnership (PPP) model. PLAN FOR NEW AIRPORT NEAR PUNE MAY FINALLY TAKE OFF After going back and forth on three locations, the government is likely to finalise a new site at Purandar in Pune district for the proposed international airport. Officials from the Airport Authority of India and the Maharashtra Airport Development Company (MADC) inspected the site for the second time this month and are expected to submit a technical report within a fortnight. The plan to build new international airport near Pune has been in the pipeline for more than 12 years, without much progress because of the want of suitable land acquired without opposition from the farmers. MAHARASHTRA GOVT UNLOCKS AGRI LAND FOR INDUSTRY, EDUCATION INSTITUTES MUMBAI: The Maharashtra government has amended land laws to unlock agricultural land for industry as well as public educational and medical institutes, to promote the ease of business under its Make in Maharashtra policy. However, the building rights have been capped at a maximum of 1 FSI which will essentially allow a ground plus one-storey structure, officials said. The additional building rights will be made available on the payment of a premium of 30 per cent of the land rate. Officials said the changed rules will boost industrial growth on the outskirts of cities. CM NAIDU PLANS TO DEVELOP 10 SMART CITIES IN ANDHRA PRADESH HYDERABAD: Andhra Pradesh chief minister N Chandrababu Naidu has plans to develop many mega cities in AP as part of the decentralized development. "We must develop at least 10 smart cities in the state," he said, adding that he wanted the Centre to include these 10 smart cities among the 100 smart cities nationally. And also said the capital should be huge like Hyderabad, where administrative offices along with Assembly and secretariat can exist. PM MODI LAYS FOUNDATION STONE FOR MOPA GREENFIELD AIRPORT IN GOA Prime Minister Narendra Modi unveiled on Sunday plaques to lay foundation stones for important development projects, including Mopa greenfield international project. The other project is the electronic manufacturing Cluster at Tuem. Modi also inaugurated phase 3A of Goa Shipyard Limited and construction of Coast Guard OPV project. A large crowd, comprising BJP workers and senior leaders were present for the foundation laying ceremony of BJP government's ambitious projects. DESIGN FOR BKC-2 TO BE READY IN SIX MONTHS: CIDCO Mumbai, Feb 10 (PTI) Design for the proposed Bandra Kurla Complex-2 (BKC-2) project, to be developed in the satellite town of Navi Mumbai, is expected to be finalised within six months, CIDCO said today. The project, coming up in Kharghar, will be spread over 200 hectares, including around 80 hectares of central park and golf course. The actual corporate hub will be on 125 hectares of land. THE ECONOMIC TIMES MAKE IN INDIA: CIDCO PLANS INTEGRATED TOWNSHIP 'KHALAPUR SMART CITY MUMBAI: The City and Industrial Development Corporation of Maharashtra (CIDCO) has decided to develop an integrated township 'Khalapur Smart City', entailing an investment of Rs 7,909 crore. A special purpose vehicle 'Khalapur SPV' has been formed for the project, which would be developed on the lines of CIDCO's Navi Mumbai Airport Influence Notified Area (NAINA), a statement issued here said. THE ECONOMIC TIMES GMR, TIDCO TIE UP FOR SEZ IN TAMIL NADU CHENNAI: GMR Infrastructure has signed an MoU with Tamil Nadu Industrial Development Corporation (TIDCO) to develop a multi-product special economic zone (SEZ) on 4,300 acres in Krishnagiri district through an yet to be named special purpose vehicle. A GMR spokesperson said the SPV would invest in social infrastructure to help the local community and get them to participate in the benefits of the project. THE ECONOMIC TIMES MUMBAI TO GOA IN JUST 6 HOURS SOON: NITIN GADKARI PANAJI: Travelling to Goa from Mumbai by road may soon take only six hours due to the construction of a new four-lane concrete highway, Union Minister for Roads Transport and Highways Nitin Gadkari said on Thursday. "It will soon take only six-hours to travel between Goa and Mumbai with the four-lane concrete highway we are building," Gadkari said, adding that the rate of road building by his ministry was 22 kms per day. GROUNDWORK AT NAVI MUMBAI AIRPORT SITE BEGINS LAND USE CHANGE TO BE MADE EASY IN MAHARASHTRA RAIL BUDGET: RS 2,064 CRORE ALLOCATED FOR PROJECTS IN TAMIL NADU 1ST SEA-WORLD PROJECT SET TO COME UP IN SINDHUDURG Navi Mumbai: Work on levelling land in the core area of the Navi Mumbai international airport (NMIA) has finally started, almost two decades after a second international airport for Mumbai was proposed. Cidco, which will undertake the cutting of 92-odd metre high Ulwe hill and diversion of the eponymous river, has started some basic work even as the crucial stage II forest clearance is awaited from the Union ministry of environment and forests (MoEF) and a parcel of the tender for hill cutting awaits finalisation. MUMBAI: In a bid to promote its Make in Maharashtra policy, the state government has further eased the procedure for the conversion of agricultural land to bona-fide industrial use. It has set up facilitation committee to smooth over a key hurdle, certification that the land in question is free of encumbrances. Officials say this reform which will boost industrial expansion. Once the committee clears the certification, the project has to be given a "sanad" or official document stating it is free of encumbrances, within 60 days. Tamil Nadu has been allocated Rs 2,064 crore in the rail budget for the financial year The minister allocated Rs 134 crore for a 36km new line between Morappur and Dharmapuri. Rs. 30 lakh has been allocated to conduct a survey for a 201km new line between Dindigul and Sabarimala. Chief minister J Jayalalithaa had also mentioned the project in the list sent out to railways recently. Two sleepy villages, about 555 km from Mumbai, in Sindhudurg district of Maharashtra are set to host the country s first sea-world project. Chief Minister Devendra Fadnavis has decided to scale down the project to less than a fourth of its originally earmarked size of 1390 acres in keeping with the demands of local farmers. The project, along the lines of the US-based chain of water-theme amusement parks, was approved by the Congress-NCP regime in 2009, but never took off
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