ICMQ India newsletter

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1 ICMQ India newsletter SPECIAL ISSUE JUNE 2008 EIRE 2008 ICMQ India at EIRE 2008 Milan As from april 1 st 2008 ICMQ India has been incorporated as a subsidiary company of ICMQ SpA, Italian certification body leader and recognized in Europe for its technical competence, ethics and seriousness. After one year dedicated to acquire awareness and knowledge about the Indian construction and building material market, we incorporated an Indian company to provide services with a clear mission: To lead Indian organizations in the building material and construction industry towards a worldwide recognized excellence of products and buildings. ICMQ India provides a wide and integrated range of customized services for satisfying the needs of the construction industry including management system certification, product certification, inspection building system certification and training courses. More than companies have been certified by ICMQ SpA in Europe concentrated in two sectors: construction and building material industry. In India we ve certified 4 companies according with ISO and we have large contracts for third party inspection. ICMQ India achieved, in 2007, the accreditation for its QMS Lead Auditor Course by NRBPT and is achieving the Indian accreditation by NABCB (Indian accreditation body) for all the schemes in which it operates and for training programs. ICMQ wants to repeat in India the same success strategy in 2008 and to be accredited both for management systems and for training courses. ICMQ India is also developing a partnership strategy with Indian relevant stakeholders in the building industry and in December 2008 it incorporated an Advisory Council, whose members are the most important Indian associations in the building industry. In cooperation with ICI (Indian Concrete Institute) and IIT Chennai, ICMQ India is deploying a certification scheme, based on the Italian experience but tailored to Indian standards, for Ready Mix Concrete manufacturers. ICMQ India strategy will follow three main pillars: 1) certification services for evaluating the management systems and products compliance with the Indian and international standards; 2) innovative services focused on the performance measurement of buildings (energy efficiency, ecological impact, fire resistance, etc.); 3) technology transfer services to Indian companies interested in exchanging know how and creating business opportunities with European companies. ICMQ India promoted, in cooperation with CREDAI NCR and the Indo Italian Chamber of Commerce, a delegation of developers, Real Estate companies and builders to EIRE (Expo Italia Real Estate), a leading exhibition in Europe. It will be the most important delegation of Indian companies in this sector ever participating in a specialized fair in Europe and will be an important opportunity to create a bridge between Indian and Italian companies. During the EIRE exhibition ICMQ India and CREDAI NCR are arranging a big conference to present the emerging opportunities for European companies interested to invest into the Indian Real Estate market. B2B meetings and other events, organized in joint cooperation with the Indo Italian Chamber of Commerce and EIRE, will be arranged to create opportunities for building partnership and cooperation agreements between Italy and India. ICMQ India is available to become a bridge between India and Italy in the construction industry. Cesare Saccani ICMQ India Managing Director ICMQ Institute of certification and quality mark for construction products and services

2 ICMQ India newsletter JUNE 2008 CREDAI NCR Message from Mr Pradeep Jain, President, CREDAI NCR The initiative of Expo Italia Real Estate (EIRE) to have a venture of showcasing Indian Real Estate across the world and to have a separate Indian Pavilion with Indian theme is applaudable. This is the first time that Indian Real Estate is participating in such an event. What the world is seeing is the emergence of a New India. The new India is home to 1/7 th of the population of this planet. In the past few years, Indian economy has been growing at an average of 8% every year. The current economic environment is creating demand for all kinds of real estate across all town categories. The Real Estate demand in all the verticals like residential, commercial, office/retail space, IT/ITES services and hotels is increasing every day. Urbanization is growing at 2.5% per annum to reach 41% in the year 2026 with an estimated population of 2 bn. The present share of organized retail is 4.4% of the total retail market which is expected to grow at 23% CAGR in 5 years to US$ 65 bn. Multiretail brands and domestic business houses are eyeing the Indian Retail Sector. The Government of India is putting emphasis on affordable housing through Public-Private Partnership model. This will pave the way for the developers to explore new opportunities. A recent study forecasts that the Indian Real Estate Sector will grow to US $ 90 bn. by The Government of India will spend around Rs.1,75,000 crs. (US$ 44 bn.) on Bharat Nirman Yojana. First time out of 60 years of Independence, the infrastructural development such as Rail-Road Network, Highways, Airports, Metro and Mono-rail transport system is taking place across the country. Connectivity and communication is improving. With the robust economic growth, India will be a leading Economic Power of the World and will be a home for one-fourth of the population of the World. This will result in emergence of new towns across the country, which will accommodate the entire population in organized and wellplanned urban complexes. These new towns are the answer to the aspirations of the millions of Indians. Government of India has allowed Foreign Direct Investment up-to 100% under the automatic route for the development of townships, housing, built-up infrastructure and construction-development projects. In the last couple of years, the inflow of Foreign Direct Investment in real estate projects have increased manifold. In the year 2008, FDI Investment in India is around 12 bn US$ as compared to 3 bn. US$ in As President of CREDAI NCR, I am proud for getting associated with ICMQ India and EIRE in such a prestigious event. I am sure that all the Participants would take the benefit from this Event. I invite Investors and Real Estate Developers of the Globe to participate in the growth of Real Estate Industry in India. I wish the Event GRAND success. Pradeep Jain President, CREDAI NCR 2

3 EIRE 2008 GREETINGS FROM THE INDO ITALIAN CHAMBER OF COMMERCE & INDUSTRY The Indo-Italian Chamber of Commerce and Industry is proud to be associated with ICMQ the Italian certification body, and CREDAI NCR the Consortium of Real Estate Developers Associations of India, in organising the first ever delegation from India to this fourth edition of EIRE Expo Italia Real Estate. As part of the infrastructure sector, real estate is playing an enormous part in India. India s success story of exponential growth needs the firm underpinning of extensive and well developed infrastructure which can be ably supported by Italian expertise. This is why ICMQ India has recently opened an office in India, and I am honoured to chair its Advisory Committee. For some years now I have been closely involved in the development of Mumbai (Bombay) through Bombay First, an initiative to improve the economic and social infrastructure of India s premier city and make it globally competitive. The Indo-Italian Chamber has been at the forefront of promoting bilateral relations between India and Italy for more than 40 years, and in keeping with the Indian government s emphasis on promoting investments in infrastructure throughout the country, has identified it as one of its priority sectors for promotion. There is a $500-bn opportunity for investment in the sector, and since March 2005, 100 per cent FDI (foreign direct investments) are allowed. This offers an excellent opportunity to Italian companies, who have a well established reputation of expertise and excellence in this sector. At the latest editions of our major flagship events Festa Italiana, in India and Namaste India, in Italy we presented a seminar on the construction sector, along with ICMQ India, and took a delegation from the infrastructure sector to several cities in Italy, respectively. The Indian delegates to EIRE, too, will be presented with an excellent opportunity to meet up with potential European and Italian investors as well as technological and engineering partners through the B2B meetings that ICMQ India will organise for them and at the special conference, India Real Estate Market they will present their projects in India. I am sure that they will find their visit to EIRE very productive. For our part, the Chamber looks forward to continuing to collaborate with ICMQ India and CREDAI and offers its services to the Indian and the Italian real estate companies who will forge new partnerships through EIRE. I wish them and the organisers of EIRE all success. Narinder Nayar President, Indo-Italian Chamber of Commerce and Industry 3

4 ICMQ India newsletter JUNE 2008 CREDAI The Apex Body of Real Estate Developers in India The Confederation of Real Estate Developers Associations of India (CREDAI) is the apex body of private real estate developers in India. CREDAI s primary objective is to spread awareness of the importance of the real estate industry as a prominent driver of the India s economy today, and therefore pave the path for a more organized, forward looking and progressive industry. CREDAI consolidates 20 state-level associations that have over 3,500 individual members. In this, CREDAI represents the majority of the private real estate developers operating in the country. CREDAI is the voice of the industry which: Unites developers under a single umbrella and builds the image of the real estate industry, both in the national and international environment. Makes the developers voice heard by the government and policy makers, through representations, debates, media coverage and legal action, with the objective of urging the government to make pro-active policies. Helps developers build relationships with investors, consumers and policy makers. Get developers on the same platform to share, discuss, compete and grow together by organizing events, seminars and discussions on relevant topics. Updates developers with new information on laws, policies, news, international events. Brings expert opinion to the developer s table by engaging professionals like lawyers, accountants, research analysts and financial analysts to comment on issues of concern. Commissions market studies from timeto-time to make real data available to developers. As a responsible industry body, CREDAI actively promotes ethics, best practices and professional conduct among its members through the CREDAI Code of Conduct, a mandatory self-imposed code. Kumar Gera Chairman, CREDAI Contact Details: Confederation of Real Estate Developers Associations of India (CREDAI) 105, Ansal Bhawan, 16, K.G. Marg, New Delhi , India Tel.: / , Fax: info@credai.org, Website: 4

5 EIRE 2008 INDIAN REAL ESTATE DELEGATION TO EIRE I N D I A promoted by ICMQ INDIA in cooperation with CREDAI NCR INDO ITALIAN CHAMBER OF COMMERCE COMPANY NAME Amrapali Group Goel Ganga Group Parsvnath Developers limited Raison Group RDB Industries Limited Total Environment Building Systems Abhilash Synergetic Constructions Pvt Ltd Hi Sea solution Orbital Realty R.P. Real Estate pvt ltd CREDAI National Federation CREDAI NCR CITY Noida Pune New Delhi New Delhi Kolkota Bangalore Hyderabad New Delhi Pune Bhopal New Delhi New Delhi A detailed description and presentation of the companies participant in the India Delegation to EIRE 2008 is provided in the coming pages. ICMQ India CREDAI NCR Delegation program Date Time Program June 10 th EIRE opening June 10 th IICCI event in cooperation with Gianni Origoni, Grippo & Partners June 11 th June 12 th EIRE Gala Dinner Conference: India: investment opportunities for Italian investors in Real Estate. 5

6 ICMQ India newsletter JUNE 2008 AMRAPALI GROUP C 56/40 SEC 62 NOIDA Tel info@amrapali.in Company Profile Amrapali Group, one of the fastest growing real estate development firms in the Delhi region, focusing on Greater Noida, Indirapuram and other East Delhi locations, has completed projects spread over more than 100 acres. Founded by an engineer and run by a group of engineers, the firm understands the importance of A-grade planning, design and construction and gives its all to the projects it undertakes. Amrapali has developed luxurious residential complexes and townships, family entertainment centers and theme malls, offices and commercial complexes. The group aims to partner with the governments of Delhi and Ghaziabad in developing world-class residential townships. The name Amrapali has been drawn from a historical queen, who was reputed to have the beauty and elegance of the likes of Cleopatra. In its projects, the group s first priority is aesthetics. Design for comfort living is therefore the group s mantra. The Amrapali Group cuts down on installation errors and enforces quality through its alert and highly qualified site supervisory force. Ontime project delivery is another given in an Amrapali project, one that the group takes a lot of pride in. Projects presented at EIRE Amrapali Tech Park, Greater Noida Amrapali Platinum, Noida, a residential complex Amrapali Grand, Greater Noida, a residential complex Amrapali Corporate Hub, Manesar Amrapali City, Indore, a township project. Partnership sought Partnerships with Real Estate Funding agencies, Institutional Funding agencies, Private equity funds and Banks. Amrapali Tech Park. 6

7 EIRE 2008 GOEL GANGA 3 rd Floor, San Mahu Complex, 5 Bund Garden Road PUNE Tel.: atulgoel@goelganga.com, info_pune@goelganga.com Company Profile Goel Ganga Group, since its inception in 1982, is a developer of homes and offices that are designed, built and delivered with professional touch and stamp of reliability since last 25 years. The only company to be certified for ISO 9001 and ISO company back in 1997, with sales of 1500 apartments per year, we play an important role in forming communities and enhancing the lifestyles of our customers. Goel Ganga Group is a company which stands on a foundation of enterprising vision and professionalism, building major landmarks in Pune, Mumbai, Nagpur and Bangalore. The group has acquired expertise and specialization in development of large self reliant townships, commercial complexes and retail projects. Projects are designed in such a way that the buyer can have multiple choices of location, size, and budget. There are several many other retail and residential projects in the pipeline and to be launched soon. Projects presented at EIRE Orange mall, the largest retail mall and multiplex project in Nagpur, of about 800,000 sq.ft area. Megapolis is a retail/commercial project of about 55,000sq.ft area is located in Pune. Celsia a retail cum commercial project of about half a million sq.ft, located at Kharadi, Pune. Ganga Thergaon is a residential township project,in Pune. Partnership sought We are exploring following partnership opportunities: 1. Joint venture/private equity at project level in any one or more of above projects 2. Entity level investment at group level which consist of several residential, commercial, retail projects and land bank 3. Partnership with international retail group for joint development or sale of mall projects. 4. Outright sale of land and do construction on contract basis for any of above projects. Orange Mall (top), Ganga Theraon (bottom). 7

8 ICMQ India newsletter JUNE 2008 PARSVNATH DEVELOPERS LIMITED 6 th Floor, Arunachal Building 19 Barakhamba Road NEW DELHI Tel: mc_jain@parsvanath.com Company Profile The Parsvnath Group is a conglomerate of companies endowed with exceptional foresight and acumen to develop strategic growth area in the sphere of Real Estate and Construction. Ever since its inception in 1990, it has gradually become a name to reckon with among Customers, Promoters, Builders, Developers and Contractors. The company has been certified with RINA ISO 9001:2000 and ISO OHSAS Certified Integrated Systems and is the first real estate company to have NAREDCO ICRA Dr 2-Rating. The Company has already completed 31 projects, i.e. 12 Residential Projects 12 Commercial Projects 7 DMRC projects (BOT Projects) The Parsvnath Group has 108 on-going projects in 49 cities spread across 17 states comprising of total developable area of mn. sq.ft. at a total cost of Rs crores. Projects presented at EIRE Parsvnath Prideasia, Chandigarh Residential Project Parsvnath La-Tropicana, Khyber Pass, Delhi Residential Project Parsvnath Exotica, Gurgaon, Haryana Residential Project We would also display some other Residential, Commercial and Hotel Projects. Partnership sought 1. Investors for Joint Development of various projects 2. Private Equity Funds 3. Financial Services and Banks La Tropicana (above), Exotica Gurgaon (left). 8

9 EIRE 2008 RAISON GROUP A-26 New Krishna Park Najafgarh Road NEW DELHI Tel Company Profile Raison Group is one of the leading groups in North India in building and construction industry located in the capital of India, New Delhi. Raison Group has progressively achieved remarkable milestone success; the company has grown 100 times in terms of the net worth in last 10 years. We have developed excellent quality real estate in the Northern part of India deploying advanced construction technologies like Cost Effective Construction Techniques, MS Project, Schedule line activities etc., Quick release form work like Doka system to reduce the construction cycle, Focus drive on modern techniques like Six sigma, ISO 9001, Construction Waste Management, Light Weight Materials, Heat & Sound absorbent brick work, Carbon Credits, for making Business Excellence in construction Industry and delighting the customers, suppliers and share holders to make our self leaders in the Construction Industry. Business Snap Shots 1. Hands on experience in High rise Building Apartments and capable for building IT Parks, Retail Malls, SEZ (Special Economic Zones). 2. Remarkable achievement in Bottom line of company thru 10000% growth within 10 Years (CAGR of 58%). 3. TIPS Driven Company (Technology, Innovation, Passion, Speed ) 4. Managed professionally thru Project Management system, ERP, Cost effective techniques for quality and delivery. 5. Transparency in everything we do. 6. Capability to scale up. 7. Excellent experience for delighting customer using CRM. Projects presented at EIRE Raison Technology Park (RTC), Greater Noida Raison Shopping Mall-Phagwara, Punjab Raison Happy Valley, a Five Star Housing Complex at Gurgaon. Partnership sought We are looking for joint venture investments in our projects on mutually benefiting terms. The investor may be an Institutional Investors, High Net worth individuals, Real Estate Trusts, Building Firms, Developers, Investment Bankers, Retail Brands, etc. Raison Armor Homes, Indirapuram. 9

10 ICMQ India newsletter JUNE 2008 RDB INDUSTRIES LIMITED 8/1 Lal Bazar Street KOLKOTA West Bengal Tel Company Profile RDB Industries Ltd., an ISO 9001:2000 certified company, is one of the leading Real Estate Developers in Eastern India. The Company is a part of RDB Group, with diversified interests in Tobacco & Jute, Printing & Packaging, Power & Transmission, Retail, Financial Services and Logistics. RDB Industries Ltd. has its corporate headquarters in Kolkata with real estate projects in metro cities like Bangalore and Kolkata and upcoming cities of India like Asansol, Bikaner, Burdwan, Guwahati, Haldia, Jaipur, Kharagpur, and Surat, RDB Industries Ltd. has at present, 0.71 million square metres of projects under development and land bank of 0.77 million square metres which translates into a built-up area of 1.43 million square metres for future development. The Company has plans to emerge as one of the leading Real Estate Developers known for high quality Township Projects in various parts of India that has tremendous demand potential for such properties all over. We believe in GOING TOGETHER, GROWING TOGETHER with our customers, investors and team members to make RDB Industries Ltd., one of the largest real estate company. For more information, please visit our website, Projects presented at EIRE 200 Hectares Industrial Park, Kolkata (Eastern India ) 30 Hectares Residential Township Project, Kolkata (Eastern India ) 40 Hectares Residential Township Project, Bangalore (Southern India ) 40 Hectares Residential Township Project, Jaipur (Northern India ) Partnership sought 1. Real Estate Funds, Institutional Funds 2. Large Residential Project Developers, Infrastructure Developers, Tecnology Park Developers 3. Large Retailers, Shopping Centre Investment Funds. Regent Paradise 10

11 EIRE 2008 TOTAL ENVIRONMENT BUILDING SYSTEMS 78 Imagine EPIP Zone ITPL Main Road Whitefield BANGALORE Tel Company Profile Total Environment is a multi-faceted, real-estate development organization. With projects that range from residential apartment blocks to corporate campuses, addressing a wide spectrum of design and construction needs. At Total Environment, we create customized homes that enhance the quality of life for people who live in them. Harmony with nature, the highest aesthetic standards and complete transparency are hallmarks of the Total Environment experience. Promoted by young professionals from the Architecture/Construction and Information Technology Industries: this means we understand the design and construction process in its entirety. Having successfully addressed the real-estate requirements of the new, emerging breed of global professionals. Our core strength is the ability to understand and meet their needs through innovative concepts, personalized service, total transparency and of course, buildings of the highest quality. Total Environment presently has projects at Bangalore, Pune and Hyderabad in India Projects presented at EIRE Windmills of your mind Whitefield, Bangalore, exceptional duplex apartments and penthouses. The Magic Faraway Tree Kanakapura Road, Bangalore, residential apartments. The Wind Beneath my Wings Cherlapally, Hyderabad - earth-sheltered homes and apartments. Partnership sought 1. Partners who can help sell our exclusive spaces in international markets 2. Present our projects and get to meet partners who can help us in sourcing the best the industry has to offer Views of Wind Mills: Kitchen (above), Living and Garden (right top), Garden (right bottom). 11

12 I N D I A ICMQ India promotes the conference INDIA: INVESTMENT OPPORTUNITIES F O R I TA L I A N I N V E S T O R S I N R E A L E S TAT E Wednesday 11 june 2008 Fiera Rho Pero EIRE Purple Conference Room in cooperation with INDIA is one of the countries with the highest growth rate in the world. It cannot be considered an emerging country but one of the most important economies. The Real Estate and construction market is growing at a yearly rate around 18%. India is attracting financial resources from all over the world and there is a huge demand for construction both in infrastructure and in private construction (residential and commercial). In a recent past the demand has been driven mainly by prices and volume. Now there is an increasing demand for buildings and construction ensuring an high quality of design, finishing, durability and sustainability. This conference, jointly organized by ICMQ India, CREDAI NCR (the Real Estate association of Delhi) and the Indo Italian Chamber of Commerce will describe the Indian Real Estate market and present to participants an overview about the laws for foreign investment in this sector and the opportunities for italian investors. Conference program Opening Lorenzo Orsenigo ICMQ SpA Welcome address Sarvajit Chakravarti General Consul of India in Milan Introductory Remarks Narinder Nayar President Indo Italian Chamber of Commerce The Indian Real Estate market: trends and emerging needs Kumar Gera CREDAI Chairman Legislation and opportunities for italian investors Pradeep Jain CREDAI NCR President Creating a bridge between Indian and Italian companies: the role of ICMQ India Cesare Saccani ICMQ India Managing Director Discussion ICMQ India 502 A, Sagartech Plaza, Sakinaka Junction Andheri East MUMBAI MAHARASTRA Tel mail:info@icmq.in