Iconic 64 Storey residential towers 3, 4 & 5 Bed SkyVillas
LUXURIOUS. ECO-FRIENDLY. AWARD WINNING Private & Confidential
Why us? • Delivery in 2014 • Strategic location with excellent connectivity • Community of like minded families • Intelligent planning & design • Lower life-long maintenance charges • Wide range of outdoor & indoor amenities • Detailingg behind the scenes • International consultants & contractors • Sea views • Lineage g • Awards & accolades
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Why now? • Mumbai real estate-going forward Lack of delivery -Lack -Scarce availability of free land -Increasing material costs -Rising Rising ready reckoner value • Approval under old DCR • Appreciation potential • Depreciating ep ec at g rupee, upee, best ttimee to invest vest
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Why US?
Why US?
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delivery in 2014 Actual render
51st floor under construction Photograph March 2013
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STRATEGIC LOCATION Located in the heart of Mumbai at Lower Parel, with excellent connectivity: CBD: • BKC – 15 min • Nariman Point – 18 min 5 Star hotels: • ITC Grand – 5 min • Shangri-La, Four Seasons – 15 min Premium shopping: • Palladium – 5min • Atria – 7 min Reputedd schools: h l • JBCN International – 10 min • Campion, Dhirubhai Ambani International,American School – 15 min Airports: • Domestic D ti – 30 min i • International – 35 min Hospitals: • Global – 5 min • Breach Candy, Candy Jaslok, Jaslok Hinduja, Hinduja Lilavati – 20 min Location Map Private & Confidential
Recent press article The Indian Express, Mumbai, July 25, 2013
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Primary Access ROAD - ONE Avighna Park Mahadev Palav Marg JUNE 2013
JUNE 2015
* Additionally, a secondary direct access to One Avighna Park will be provided from Dr.Ambedkar Road Private & Confidential
Co Community of o like minded Families s Meticulous screening of buyers, to ensure that you live in a community of like minded families. Select list of future residents: • Amit Doshi|C. Dinesh & Co
• Pawan Poddar|Siyaram Silk Mills
• Chetan Jogani| Jogdiam Corporation
• Piyush Kothari|Jewelex India
• Deepak Sadhani|Veera Exports
• Praveen C Shah|C Mahendra
• Dinesh Koradia|HVK International • Jitendra Bhansali|J K Bhansali & Co. • Lalit Jain|Classic Ornaments • Manoj Desai|Aklvya Realities • Mukesh Mehta|Punya Gold/Mark Bangles • Nemichand Jain|MP Sons • Nishant Sharma|Kedaara Capital • Nitin Mehta|Paradise Packaging g g
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Exports • Rajesh Jogani|Dialust Corporation • Rajendra Mundra|Sunny Gems • Sampat Jain|Sunlight Corporate • Shrikant Agarwal |Smita Steels • Sohan Goenka|Unirich Jewellery • Vinay Badani|Vinay Corporation • Vijay Berlia|Apeejay Group • Yogesh Madhvani|Simplex Diam
INTELLIGENT PLANNING & DESIGN Tower and common areas: • • • • • • •
No public parking FSI - more privacy; more safety Dedicated wash and dry areas - no hanging clothes Dedicated space p ffor outdoor AC units - no spoiling p g off buildingg ffacade Maximum natural light and ventilation in lift lobby and staircase - electricity conservation Dedicated service elevators leading to service corridors. These corridors will also operate as dedicated space for future renovation works.Thus, works Thus minimal disturbance / obstruction to neighbors No unnecessary frills - luxurious yet practical Wind tunnels for better stability - reduces wind pressure on the structure
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INTELLIGENT PLANNING & DESIGN - 2 SkyVillas with double height decks: • • • • • •
Vaastu compliant layouts Ample cross ventilation Separate p service entrance ffor domestic staff, ff vendors etc. These service entrances also open p into the service corridors; which house garbage chutes, electrical shafts etc Domestic staff quarters with separate bathroom No shared walls between apartments No beams and minimum columns, allowing flexibility in planning
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INTELLIGENT PLANNING & DESIGN - 3
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5 BED SKY VILLA
Actual photograph of living room on level 33
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5 BED SKY VILLA
Actual photograph of master suite on level 33
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3 BED SKY VILLA
Actual photograph of master suite on level 33
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3 BED SKY VILLA
Actual photograph of double height deck on level 33
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LOWER LIFELONG MAINTENANCE CHARGES Substantially lower life-long maintenance cost due to: • •
LLower property taxes as it i isi a redevelopment d l project j Adherence to IGBC platinum green building practices such as: Low energy consumption: • Well planned apartments and floor lobbies with natural light, eco friendly light fixtures and ample cross ventilation • Solar panels and wind turbines for generating renewable energy on-site, for common area lighting Low water consumption: Sewage water treatment plant for recycle and reuse of water • Rain water harvesting • 3 bore wells • Water efficient fixtures
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LOWER LIFELONG MAINTENANCE CHARGES- 2 •
AMCs for all equipments have been pre-negotiated for several years so that maintenance costs are kept in control over the long run. For instance, our elevators are at zero zero-maintenance maintenance cost for the first 5 years
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As part of our long term planning, every resident will mandatorily contribute towards a sizeable “maintenance fund”. This fund will be invested in debt instruments and the interest will be used to fund maintenance expenses and eliminate the need to write monthly cheques
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Outdoor Amenities • • • • • • • • • •
3 level valley podium garden Jain derasar with private access, making it unobtrusive Leisure pool & kids pool 0.4 km covered jogging track Outdoor gym with panoramic views VViewingg deck Toddlers & kids play area Tennis court Several relaxation & conversation spots Skateboarding Actual renderings
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indoor Amenities • • • • • • • • • • • • • •
25ft high banquet facility with private access Indoor lap pool Multipurpose sports zone Salon Male & female spas Squash court Reading library Meeting rooms Private cinema Yoga g & aerobics Snooker & billiards room Table tennis & air hockey Indoor cricket Card room
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Actual renderings
DETAILING Behind the Scenes International standard materials: • • • • • • • • • •
Elevators - Toshiba (Japan) Pipe fittings - Cosmoplast (UAE) Drainage pipes and fittings - WAVIN (UK), Hepworth (UAE) Electrical switch gears - Schneider (France) Busbar electrical power distribution systems - (Europe) Firefighting equipment and accessories Rapiddrop (UK) 8 layered waterproofing work in deck and bath areas - Greenseal Products (Malaysia) Mivan Shuttering System - (Malaysia) Window System - Schuco (Germany) B Butterfly fl valves l - Fluid Fl id CControlsl (UK)
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DETAILING Behind the Scenes - 2 Intelligent building management: • •
Monitor M it andd control t l various i functions f ti - drip d i irrigation, i i ti facade f d lighting, firefighting systems, security, access control etc… Modern fiber-optic systems - equipped for high speed telephone, internet and cable TV communication
Car parking: •
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Ample parking spaces for residents and visitors Two 6m wide ramps Charging facility for electric cars 5 elevators in car parking floors Parking space for 1100 cars Rest areas for drivers
DETAILING Behind the Scenes - 3 International standard workmanship: •
300+ skilled workers countries
flown down from various GCC
Construction technology: •
Flat slab construction technology - Mivan formwork systems from Malaysia
Safety & security: • • •
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Low smoke & fire resistant cables - up to 130ºC Building strength - in-house ready mix concrete (RMC) batching plant for better strength and quality T l building Total b ld under d CCTV camera surveillance ll
INTERNATIONAL CONSULTANTS & CONTRACTORS CONSULTANTS
CONTRACTORS Design Architect: Vivek Bhole
Civil and Allied Works: Simplex Infrastructures
Structural: WSP Cantor Seinuk, NewYork
Mechanical, Electrical & Plumbing: Elemec, UAE
Landscape Architect: Belt Collins, Singapore Lighting: DHA Design, UK
Elevators: Toshiba, Japan Concrete: Ultratech
Green Building: Godrej & Boyce Wind Tunnel: BMT Fluid Mechanics, UK Private & Confidential
Façade: Schüco, Germany
Sea views
Actual photograph of west view from level 25 Private & Confidential
Sea views - 2
Actual photograph of west view from level 45 Private & Confidential
Sea views - 3
Actual photograph of Bandra-Worli Sealink from level 35 Private & Confidential
Lineage: AVIGHNA INDIA LTD Philosophy • • • •
Focus on deliveryy not ppromises Focus on quality not quantity Focus on reducing recurring costs for residents Focus on minor details that ensure comfortable use by occupants
Strengths • •
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Debt free No project partners Begin marketing after completing 60% execution work and can therefore deliver on commitments
Past developments • • • • • •
Nishika Terraces, Worli Sea Face Private & Confidential
Advent Plaza, Andheri Advent Atria, Malad Nishika Terraces, Worli Seaface Satlaj Terraces, Walkeshwar Y hik Apartments, Yashika A t t Vile Vil Parle P l Yashika Residences, Borivali
Awards and accolades 13 International Property Awards & 3 National Awards: • • • • • • • • • • • • •
World s Best Residential High World’s High-Rise Rise Development Development- IPA, London Dec Dec-2012 2012 Best Residential High-Rise Development,Asia Pacific- 2012, 2013 Best High-Rise Architecture,Asia Pacific- 2013 Best High-Rise g Architecture, India- 2012, 2013 Best Residential High-Rise Development, India- 2012, 2013 Best Apartment, India- 2012 Best Residential Renovation Redevelopment, India- 2012, 2013 Best Interior Design Apartment, India- 2013 Best Landscape Architecture, India- 2013 Best Ultra Luxury Residential Project of theYear- CNBC Awaaz Real Estate Awards 2012 Ultimate Residence of Mumbai- Hindustan Times Platinum Pre-certification by Indian Green Building Council for One Avighna Park Gold Pre-certification by Indian Green Building Council for Rehabilitation Towers
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Why NOW?
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MUMBAI Real estate - going forward Over the long term, real estate prices in Mumbai will see an upswing due to several factors: •
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LLackk off delivery, dl not supply: l although l h h there h is muchh discussion d about b a large l supply l being b imminent, ultimately it is delivery that matters. Given the bureaucratic and political environment, there is a huge lag between supply and delivery Scarce availability of encumbrance free land in Mumbai Increased cost, over the last three years, rate of cement, steel etc has gone up by more than 50% As pper the new DCR gguidelines,, in developments p henceforth, f , areas such as decks,, pplush lift f lobbies etc… will be consumed in FSI.Therefore, such features will be rare in new developments Shift in action from South Mumbai to Lower Parel due to better infrastructure and central location Read reckoner values Ready alues have ha e gone up drastically drasticall increasing the premium charges levied le ied on projects. projects This ultimately increases the cost of development
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Approval under old DCR • •
One Avighna Park has been approved under old DCR, one of the last few projects in Mumbai Future developments may not be able to provide luxury features like plush lift lobbies, double height decks in the apartments
25ft high Landscaped decks
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Appreciation potential •
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Recent transactions in nearby buildings which were delivered around a decade ago (Ashok Towers, Gundecha Gardens) have averaged g at ~ Rs. 45,000 pper sqft. qf One Avighna g Park off course is a ffar more ppremium pproject j and is expected p to command a much higher price on delivery Price of real estate developments normally appreciate at the time of delivery
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Depreciating Rupee • Rupee p has depreciated p ~ 36% since June 08 – ggreat time to invest!
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Recent press article The Economic Times, Mumbai, June 22, 2013 …has has cautioned home buyers to be wary of ‘too-good-tobe-true’ schemes from property developers, and warned them against offers where builders claim to be paying i interest i on borrowers’ b ’ loans.
“To my mind, teaser products of any nature entail risks. Customers need to be cautious of ‘too-goo-to-be-true, type of products. Borrowers must not be blinkered into believing that there are no risks when developers offer to pay interest on a borrower’s loan for a specified period.”
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THANK YOU
THE BEST RESIDENTIAL HIGH-RISE DEVELOPMENT IN THE WORLD INTERNATIONAL PROPERTY AWARDS, LONDON, DECEMBER 2012
One Avighna Park Lower Parel E, Mumbai 400 012
+91 22 6115 6060
OneAvighnaPark.com
INTERNATIONAL PROPERTY AWARDS, LONDON, DECEMBER 2012
Disclaimer: All the specifications, images, designs, facilities and other details herein are indicative and for representative purpose only and the same are subject to change at discretions of the developer without any notice or any obligation.
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