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Operations Update Q1 : Apr - Jun 2012

Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

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Page 1: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Operations UpdateQ1 : Apr -Jun 2012

Page 2: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Sales Performance: Projects Under Construction

ProjectsQ1: Apr- Jun 2012 Cumulative for the Project

Area Sold(million SFT)

UnitsSold

Sales Value(Rs. Crore)

% ofUnits Sold

Units Sold

Sales Value(Rs. Crore)

Nitesh Flushing Meadows 0.012 8 4.73 71% 142 55.53

Nitesh Central Park 0.002 1 0.69 98% 76 47.29

Nitesh Camp David 0.003 1 2.36 75% 3 5.86

Nitesh Caesar's Palace 0.005 4 2.25 52% 190 85.65

Nitesh Hyde Park 0.012 13 5.52 67% 357 124.02

Nitesh Columbus Square 0.008 6 3.51 44% 108 66.71

Nitesh Logos - - - 25% 2 15.50

Nitesh Fisher Island - - - 29% 6 26.60

Nitesh Cape Cod 0.024 13 11.76 46% 139 107.26

Nitesh Napa Valley 0.012 3 12.59 2% 3 12.59

Total 0.078 49 43.40 1,026 547.00

Page 3: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Projects & Units Developable Area % of

Total People Working

Construction Stages (Million SFT) Structure Complete:

Nitesh Central Park 106 0.28 3% 250 The Ritz Carlton Hotel 281* 0.50 6% 1,500 Nitesh Camp David 8 0.03 0% 110

Construction in Progress:Nitesh Flushing Meadows 200 0.38 4% 197 Nitesh Hyde Park 537 0.68 8% 184

Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65Nitesh Caesar's Palace 516 0.94 11% 365 Nitesh Cape Cod 417 1.00 11% 159

Pre-construction Activities in Progress: Nitesh Mall 1.11 13% 10 Nitesh Napa Valley (Launched in JUNE 2012) 133 0.59 7%Nitesh Park Avenue (to be Launched) 24 0.14 2%Nitesh Hunter Valley (to be Launched) 1,091 2.20 24%

TOTAL 3,474# 8.87 100% 3,264

PROJECTS : Construction Status

* No of Keys # Excludes No of Keys of Ritz Carlton

Page 4: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Ritz Carlton Hotel, Bangalore Location : Residency Road

Developable Area : 0.50 million SFT

Start Date : Feb-2008

End Date : Oct-2012

No. of Keys : 281

Contractor : Simplex Infrastructure

People Working : 1,500

Artist’s Impression of Hotel � MEP & Finishing work in progress

Page 5: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Ritz Carlton Hotel, Bangalore

Shot at location

Page 6: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Hyde Park, Bangalore Location : Bannerghatta Road

Developable Area : 0.68 million SFT

Start Date : Aug-2010

End Date : Aug-2013

No. of Units : 537

Contractor : Ramky Infrastructure

People Working : 184

Artist’s Impression

� Excavations Completed

� Superstructure – Levels Completed:

BlockA

BlockB

BlockC

BlockD

BlockE

BlockF

12th 12th 12th 10th 4th Footings

Page 7: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Hyde Park, Bangalore

Shot at location

Page 8: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Caesar’s Palace, BangaloreLocation : Kanakapura Road

Developable Area : 0.94 million SFT

Start Date : May-2011

End Date : Dec-2013

No. of Units : 516

Contractor :New ConsolidatedConstruction Co. Ltd

People Working : 365

Artist’s impression

� Excavation work completed� Foundation work completed� Slab Cast:

BlockA

BlockB

BlockC

BlockD

BlockE & F

BlockG

BlockH

10th 10th 7th 7th GF 6th 6th

Page 9: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Caesar’s Palace, Bangalore

Shot at location

Page 10: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Columbus Square, Bangalore

Artist’s impression

� Excavation work completed

� Foundation work completed

� Superstructure- Levels Completed:

Location : Off Bellary Road

Developable Area : 0.73 million SFT

Start Date : Nov- 2010

End Date : Jun- 2013

No. of Units : 390

Contractor : Ahluwalia Contracts

People Working : 352

BlockA

BlockB

BlockC

BlockD

BlockE

BlockF

GF 8th 9th 11th 11th 11th

Page 11: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Columbus Square, Bangalore

Shot at location

Page 12: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Flushing Meadows, Bangalore Location : Whitefield

Developable Area : 0.38 million SFT

Start Date : Jan-2008

End Date : Dec-2012

No. of Units : 200

Contractor : Ramky Infrastructure

People Working : 197

Artist’s impression

� 35% MEP work completed� 75% Block masonry work completed� Tiling work in progress� Slab Cast :

Block-A Block-B Block-C Block-D

12th 12th 12th 12th

Page 13: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Flushing Meadows, Bangalore

Shot at location

Page 14: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Central Park, Bangalore Location : Off Bellary Road

Developable Area : 0.28 million SFT

Start Date : Aug-2009

End Date : Sep-2012

No. of Units : 106

Contractor : NCCL

People Working : 250

Artist’s impression

� Structure & Block-work Completed

� Painting work in progress

� Mock up Apartment Completed

� Club House Completed

� 95% Flooring work Completed

� 95% MEP work Completed

Page 15: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Central Park, Bangalore

Shot at location

Page 16: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Fisher Island, GoaLocation : Goa

Developable Area : 0.20 million SFT

Start Date : Jan- 2011

End Date : Aug-2013

No. of Units : 36

Contractor : Ruby Realtors

People Working : 65

Artist’s impression

� 86% of Excavation work completed

� Foundation work for 29 Villas completed

� Plinth beam for 16 Villas completed

� Model Villa core & shell completed

Page 17: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Fisher Island, Goa

Shot at location

Page 18: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Camp David, Bangalore Location : Frazer Town

Developable Area : 0.03 million SFT

Start Date : Oct-2009

End Date : Sep-2012

No. of Units : 8

Contractor : In HousePeople Working : 110

Artist’s impression

Page 19: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Camp David, Bangalore

Shot at location

Page 20: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Logos, BangaloreLocation : Aga Abbas Ali Road

Developable Area : 0.09 million SFT

Start Date : Mar -2011

End Date : Oct-2013

No. of Units : 16 (High-end Luxury)

Contractor : Dan Constructions

People Working : 72

� 80% Excavation work completed

� 65% Basement slab completed

� 70% of Ground Floor slab completed

� Upper Basement & First Floor column WIP

Artist’s Impression Artist’s impression

Page 21: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Logos, Bangalore

Shot at location

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Nitesh Cape Cod, Bangalore

Location :Sarjapur MarathahalliOuter Ring Road

Developable Area : 1.00 million SFTConstructionCommencement

: Mar- 2012

End Date : Dec-2014

No. of Units : 417

Contractor : Simplex Infra

People Working : 159

� Excavation work in progress

� Foundation work in progress

� Basement column work in progress

� Water-proofing work in progress

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Nitesh Cape Cod, Bangalore

Shot at location Model Flat at location

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Nitesh Mall, Bangalore

Demolition of existing building is in progress

Artist’s impression Location : Indiranagar, Bangalore

Developable Area : 1.11 million SFT

Start Date : Jan-2012

End Date : Jun-2014

Contractor : Larsen & Toubro

People Working : 10

Tenants on Board :

• PVR 63,000 SFT

• HyperCity 50,000 SFT

• Blu O 18,000 SFT

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Nitesh Napa Valley, Bangalore

Project Launched in JUNE 2012

Artist’s impression Location : Off Bellary Road, Bangalore

Developable Area : 0.59 million SFT

Project Launched : JUNE 2012

Construction Starts

: SEPTEMBER 2012

No of Villas : 133

Page 26: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Nitesh Park Avenue, Bangalore

Demolition of existing buildings completed

Forthcoming Super Luxury Residential Project in CBD

Artist’s impression Location : Sankey Road Bangalore

Developable Area : 0.14 million SFT

Planned Launch : Q3 : 2012-13

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Nitesh Hunter Valley, BangaloreLocation : Hennur, Bangalore

Developable Area : 2.20 million SFT

Planned Launch : Q3 : 2012-13

Artist’s impression

Artist’s impression

Page 28: Operations Update Meet/210551_20120807.pdf · Nitesh Columbus Square 390 0.73 8% 352 Nitesh Logos 16 0.09 1% 72 Nitesh Fisher Island 36 0.20 2% 65 Nitesh Caesar's Palace 516 0.94

Venkateshan M. A.Chief Finance Officer

[email protected]

Nitesh Estates Limited7th Floor, Nitesh Timesquare

#8, M.G. Road, Bangalore 560 001Ph: 080 40174000, Fax: 080 25550825

Contact Info