March 2017 Land Parcel for Joint Development Located At Koregaon Park, Pune LAND ADVISORY
Land Overview Sr. No. Particulars Description 1 Land Area 20,773 sq.m 2 Ownership The Poona School and Home for Blind Trust 3 Location 4 Main Access Road North Main Road Survey no. 371, Koregaon Park, Near Hotel O, Pune, Maharashtra. 5 Frontage Approximately 325 ft on North Main Road 6 Land jurisdiction Pune Municipal Corporation 7 Ownership Status Freehold 8 Maximum Permissible FSI 2.5 9 Proposed Land use Commercial with Retail units on Ground Floor 10 Current usage Public/Semi-public 11 Property Occupied By The Poona School and Home for Blind Boys 12 Plot Description 13. Medium of Sale Joint Development Irregular shaped, levelled and contiguous land parcel currently occupied
Improvements on Subject Property Existing Facilities Property Photographs The Subject Property comprises of following amenities: Prayer Hall Boys Dormitories 1) The Poona School and Home for Blind Boys 2) The total built-up area including school and hostel building is 3013.75 sq.m 3) Lodging and Boarding facilities for Students till 10 th Standard. Undeveloped Land Recreational Area 4)Recreational Area. 5) Major Portion of land is undeveloped 6) The entire land is has boundary on three sides and entrance gate at front facing North Main Road.
Location of Subject Property 4
Site Layout 5
Prominent Neighborhood Developments- Residential Sr.No Residential Developments Typology Capital Values (INR/sq.ft) 1 Vascon Windamere 2 Ajmera Aria 3 Marvel Basilio 4 Marvel Crest 5 Vascon & Manisha 10 Luxe 6 Marvel Simrose 7 Esteban 8 Goyal Courtyard 77 9 Clover Verde 10 Amar Manhattan Apartment 17,000 Apartment 15,300 Apartment 15,560 Apartment 15,500 Apartment 17,600 Apartment 20,000 Apartment 17,500 Apartment 15,000 Apartment 17,500 Apartment 17,000 6
Prominent Neighborhood Developments- Commercial Sr.No Commercial Developments Typology Rental Values on BUA (INR/sq.ft/month) Capital Values (INR/sq.ft) 1 Jewel Square 2 Power Point 3 Power Plaza 4 Pinnacle 5 Insignia 6 Dhole Patil Brothers 7 Fortaleza 8 Onyx 9 Lunkad Skyone Commercial 75-80 17,000 Commercial 125 10,000 Commercial 125 10,000 Commercial 100 15,000 Commercial 170 20,000 Commercial 80 15,000 Commercial 75-90 16,000 Commercial 60-70 16,000 Commercial 85 16,000 7
Prominent Commercial Developments - Rentals within Microlocation Sr.No Microlocation Rentals on BUA (INR/sq.ft/month) Ground Floor First Floor & Above 1 North Main Road 120-150 80-100 2 Kalyani Nagar 130-140 75-90 3 Bund Garden Road 225-250 120-130 4 Dhole Patil Road 225-250 120-130 Sr.No Development Macrolocation 1 PS Bedi House North Main Road 2 Power Plaza Lane 6, Koregaon Park 3 Insignia Bund Garden Road 4 Dhole Patil Brothers Project North Main Road 8
Disclaimer This Information Memorandum ( Memorandum ) has been prepared for the purposes of this engagement between the Trust and HDFC Realty Limited (hereinafter referred to as HRL ). This Memorandum provides details of the properties and the improvements thereon. HRL shall have no liability and/or responsibility for the quality, safety or legality or accuracy of the property details of the mentioned in the memorandum. The bidding process shall be facilitated by HRL and HRL has provided the information in this Memorandum as is received by it and does not assume any responsibility of verifying such information. Neither HRL nor any of their respective affiliates or any of their representatives make any representation or warranty, express or implied, or accept any responsibility or liability for the accuracy or completeness of this Memorandum or any other written or oral information. Further, the e-auction conducted shall be held on As is Where Is and Whatever There Is" basis. This Memorandum is for information purposes only and has no binding force. This Memorandum is not intended to form any part of the basis of any investment decision or other evaluation or any decision to participate in the Bidding and should not be considered as a recommendation by HRL or the Trust or any of their advisers to any reader of this Memorandum. Each reader must make his/ her own independent assessment of the properties and their respective circle rates mentioned herein, in order to determine whether to participate in the bidding process. All information contained in this Memorandum may be updated, modified or amended at any time. None of HRL or any of their advisers or any of their respective directors, partners, officers, employees, or agents make any representation or warranty (express or implied) or accept or will accept any responsibility or liability in relation to the accuracy or completeness of the information contained in this Memorandum or any other written or oral information made available to any interested party or its advisers. Any responsibility or liability in respect of any such information or any inaccuracy in this Memorandum or omission from this Memorandum is expressly disclaimed. Further, the reader(s) and the Trust are solely responsible for protecting themselves and resolving any dispute that may arise between themselves. HRL cannot and will not mediate any dispute or assume any responsibility between the reader and the Trust. In particular, but without prejudice to the generality of the foregoing, no representation or warranty is given as to the achievement or reasonableness of any future projections, estimates, prospects or returns contained in this Memorandum. This Memorandum does not constitute an offer or invitation to participate in the Bid Process, nor does it constitute the basis of any contract which may be concluded in relation to the Bid. Readers should not construe the content of this Memorandum, or any other communications by or on behalf of the Trust and HRL as financial, legal, tax or other advice. Accordingly, each reader of this Memorandum should consult his own professional advisers as to financial, legal, tax and other matters concerning any potential participation in the Auction.
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