Transcript Commercial Development

Profile
INDEX
Corporate Overview
Business Segments
Projects Executed
Founder & the Management
Group Structure
THE JOURNEY
SUCHIRINDIA INFRATECH (P) LIMITED, is an ISO 9000:2001 and ISO 14001 certified
company based out of Hyderabad, Andhra Pradesh with works and offices spread across the
states of Karnataka, Bihar, Madhya Pradesh in India and at Colombo in Sri Lanka.
The Company has made rapid strides within a short span of time of 5 years since its inception in
creating for itself a brand image in quality deliverance.
THE BUSINESS SEGMENTS OF THE COMPANY
The company at present has diverse business segments ranging from
 Infrastructure development with railways and road ways as core areas
 Township Development,
 Commercial development,
 Resorts development, Hospitality,
 Adventure sports and leisure activities,
 Mining
The business of the group is being carried out through a number of wholly owned subsidiary
companies representing various business verticals with SUCHIRINDIA INFRATECH (P)
LIMITED being the holding company as well as the operating company.
Vision
We dream beyond with a goal to achieve what we see today is an outcome of a dream before
it became reality. We live with enthusiasm, direction and a sense of purpose. A Vision to
encompass complete growth through synergy. Suchirindia is slated to move into the world of
Tomorrow. …And contribute to the nation and making India Proud.
Mission
Going beyond the limit of Endurance in serving our customers by delivering them the
BEST IN THE WORLD.
IDEAS & IDEALS
It takes great courage to convert ideas into ideals .implementation of ideas without
compromising on ideals has become a tradition at suchirindia.
Infrastructure Development with Railways
through KSR Infratech India (P) Limited
The Company has acquired an existing Infrastructure company named “KSR Infratech India
Pvt Ltd” (100%) which is executing projects worth INR 105 crores at present in Railways at
Bihar. The company has submitted bids for another Rs. 150 crores.
Area of Business Segment
Commercial Development – Colombo Tower Project
The Group through its Joint Venture company – Suchir NEB Projects Pvt
Ltd (wherein Suchirindia Global Infra Pvt Ltd holds 76% holding) in Sri
Lanka is developing 1 million sq. ft of commercial space and 1.4 million
sq. ft of mixed development at Battarmulla, Colombo, Sri Lanka in
association with Urban Development Authority, Government of Sri
Lanka. The total cost of the project is estimated to be US$ 200 Million.
In the first phase the development of the Commercial tower is being
undertaken with an envisaged investment of US$ 80 million. The entire
commercial area would be taken on a long lease by the UDA, Sri Lanka.
The possession of the land is already taken by the JV company and
CPG Singapore is the architect for the project and the regulatory
approvals including securing the lease deed from UDA, is expected
shortly.
Commercial Development – Colombo Tower Project
The project is registered with the Board of Investments (BOI), Sri Lanka, and the revenues are
eligible for tax holiday for a period of 10 years and the inflows and outflows (capital and
revenue) relating to project are not subjected to any exchange regulation / restrictions of
Government of Sri Lanka.
The Group has conceptualized the development of the Urban Entertainment Centers (UEC)
across 8 Tier II and Tier III cities in Andhra Pradesh over the next 4 years time span. The model
being that land required for the setting up the centers is to be secured either on long lease from
the Government or taken up on joint development with the respective parties and the group
would create the required infrastructure. The process of identification of the land is under way
and the company is in touch with state government tourism related agencies besides initiating
its own efforts for short-listing the right parcels of land identified.
Colombo Airport Hotel
The group through its wholly owned subsidiary company in Srilanka named Suchirindia Lankan
hotels & resorts Pvt Ltd and has been awarded lease of 4 acres of land for 49 years in the vicinity of
Colombo International Airport for development of a star hotel by the Board of Investment in Sri
Lanka. The company is constructing 211 key hotel near Colombo international Airport, Katunayake
Export Zone, which will be operated by Four Points by Sheraton. The total estimated project cost for
the same is about US$ 25 million. HVS has conducted the feasibility study for the project.
Hotel Features
 Lavish Lobby
 211 Well appointed Rooms
 Splendid Banquets
 Conference Halls
 Multi-Cuisine Restaurants
 Swimming Pool
 Business Center
 Ample Parking
Construction of Housing
The company has executed housing projects
addressing the diverse needs of the market ranging
from affordable housing to luxury high end villas.
The company is at present executing a gated
community project of 125 luxury villas (3.6 lakhs sq
ft) en-route the International Airport, Shamshabad
and We would start handing over by June '2012.
The Group also has various urban lands at strategic
locations which are being commercialized for taking
up for construction of residential housing either on its
own or on Joint development basis through industry
partners which are being commercialized in a phased
manner with projected revenues amounting to
Rs.600 crores by 2014.
Township Development
The group's initiation into business was through township development. The company has over the past
5 years developed about 5.1 million sq. meters of townships spread over 9 different geographical
locations. The project size range varied from a minimum of 2.8 lakhs sq. meters to 3.2 million sq.
meters at single location. The business revenues recorded from these projects is to the tune of Rs. 500
crores. These projects meet the exceptionally well laid out quality standards committed and adherence
to the time schedules agreed upon.
Resorts Development, Hospitality.
Near Kothur, on Bangalore Highway
The Hospitality vertical of the company is operated through a wholly owned subsidiary
company SUCHIRINDIA HOTELS & RESORTS (P) LIMITED. It is a 3 Star 28 suit resort by name
“PAPRYUS PORT”. Developed based on an Egyptian Theme, the resort has a built up space of
about 35,000 sq.ft area near Hyderabad International Airport leading to Bangalore highway.
The resort is in operation since December'2008.The total cost of the project is Rs 1300 lakhs.
Another 3 Star category resort by name “Honey Berg” with about 40,000 sq. ft constructed
area and is completed in December '2009 near the Genome Valley, Shamirpet, Hyderabad. The
total capital out lay for the development of the resort is Rs.1600 lakhs.. The Architectural design
is the highlight of this project as it retains the rocky terrain and blends the construction around
giving it a distinct integrated appearance. The glass façades and the water falls add substantially
to the final panorama.
Adventure Sports and Leisure Activities
The company is developing a world class adventure
theme park in Hyderabad over a parcel of land
stretching over 206 acres land owned by the company.
The company is in discussion with internationally
reputed consultants such as Attractions Intl, X-nth,
Sanderson LLC for designing of the facility which
would be one of its kind in India.
Management Team
The company has highly qualified and experienced team of professionals including Chief
Financial Officer, Chief People Officer, Head Projects, Head Legal, Head Customer Care,
Corporate Communications and Liaison working in a well defined organizational structure.
The company has formulated a detailed Code of conduct for all its employees including the
senior personnel. Company has implemented measures such as periodic review of the operations
by the Management Committee (Consisting of the selected members of the Board). An audit
committee is in place which reviews periodically the internal audit function in the organization
and the financial results of the company. The number of full time employees in roll with the
company are about 250
EQUITY STRUCTURE AND NETWORTH OF THE
COMPANY
As at march 2011 the net worth of the company is 75 crores. The market value of the various
holdings including land mine held by the company is 628 crores. The company enjoys good
banking relations with State Bank of India, with which it has credit facilities catering to its
project execution needs supplementing the internal accruals of the company.
Promoter Background and The Profile of CEO
Dr. Y. Kiran Kumar, Honorary Consul of Republic of Bulgaria, the promoter and CEO of the Group
has been Professionally associated with the real estate Industry in marketing and operations for
over 14 years before starting “Suchirindia”.
A first generation entrepreneur, he holds Doctorate in Urban Planning and Tourism Development
and Masters in Business Administration.
The attainments detailed hereunder reflect a more hands on role in developing and stabilizing the
marketing set up, creating a premium brand for the company and establishing the required business
infrastructure:
 Conceptualize the company vision, ensure top management perceives it appropriately and percolates it
to next levels to attain the targeted objectives
 The force behind the company's effort in obtaining the ISO 9001 & 14000 certification for the company,
the first in the Real Estate Development organization in India;
 Overall in charge for the operations of the company;
 Conceptualizing the marketing strategy and new forays in to new ventures;
 Business strategy and new business options.
The Profile of Board Members :
Dr. R. Srinivasan
An independent director on the board of the company, He Holds a Doctorate in Banking and
Finance from the University of Bombay. He is also a Fellow of the Institute of Banking and
Finance.
He has over 43 years of experience in Banking and served as Chairman of Bank of India,
He was on the Boards of various institutions like IDBI, IRBI, New India Assurance,
Discount and Finance House, E.C.G.C, Agricultural Finance Corporation
Suchir Capital : 50-B, Journalist Colony, Jubilee Hills, Hyderabad - 96 A.P. INDIA.
Ph. No. +91 40 - 6613 5000 Fax: +91 40 - 6613 9000
[email protected] www.suchirindia.in