SPR 360˚ | SEPTEMBER 2019 | Edition - 014

MONTHLY NEWSLETTER FOR SPR HIGHLIVING INNER CIRCLE

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www.sprhighliving.com

MOVING TO VEPERY? HERE ARE 10 REASONS WHY YOU’LL LOVE LIVING HERE

INSIDE THIS ISSUE: Construction progress across multiple SPR projects India’s first ever trader awards held - MOITA SPR marks a strong presence in a string of expos in Chennai and beyond SPR participates in Chennai Retail Summit 2019 by RAI

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INDEX 03

From the MD’s Desk

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Cover Story

PROJECT PROGRESS REPORT 06

Tower A

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Tower B

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Tower H

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The Shri Ram Universal School

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Origine: Bungalow Development

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Market of India

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MOI Mockup and Non-Tower Area

HIGHLIVING UPDATES 13

SPR Participates in Chennai Retail Summit 2019 Hosted by Retailers Association of India

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Mareket of India Trade Awards 2019

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Glimpses From the MOITA Event

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In Full Swing: SPR Participates In A String of Expos And Exhibitions Across the Region

IN THE NEWS 20

MOITA Chennai Edition – India’s First Trade Awards Organized By FMMMA & SPR Group

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SPR’s Quiz Corner

Disclaimer: This newsletter is exclusively intended for private circulation only. Sales or multiplication in any way is not allowed without prior written permission. The information and photography presented in the newsletter are subject to modifications. SPR Highliving reserves the right to change it without any preliminary notification. No liability will be accepted for errors or misprints.

Published by SPR Highliving, Chennai. Compiled, edited and designed by SPR Marketing Team. All correspondence to be sent to marketing@sprindia.com

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FROM THE MD’S DESK The real estate sector has performed well so far this

would like to thank the teams involved in helping

year and despite a comparable slowdown across the

SPR move closer to its vision. We also hosted the

residential segment recently, the slump is expected

first-ever trader awards - the Market of India Trade

to recover soon. Investors especially, can benefit

Awards (MOITA) in association with FMMMA and

from the current conditions. In fact, recent reports

received overwhelming response from the trading

indicate that 57% of people prefer real estate as

community. Following the success of the Chennai

an investment option. Across our projects, we’re

Edition, we hope to conduct MOITA as an annual

happy to note that so far we’ve managed to maintain

event henceforth. This festive month, I would like to

consistent sales and growth on a month-on-month

thank you for bestowing your faith in us, and wish

basis and remain unfazed by the market conditions.

you great success and prosperity for a lifetime.

Recently, Market of India hit a record figure and celebrated 1500 shops sold. We also recorded good numbers across our residential segment – Highliving

Thank you for being a valuable part of the SPR family.

District, Osian One, Origine and Chlorophyll.

The positive momentum and progress are expected to continue at the same, if not a faster pace in the coming months. Besides the noteworthy achievement of our sales teams, we’ve also achieved remarkable progress on the construction front and Warm Regards,

Hitesh Kawad Managing Director, SPR Group

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COVER STORY

MOVING TO VEPERY? HERE ARE 10 REASONS WHY YOU’LL LOVE LIVING HERE Vepery is a busy neighbourhood in Chennai and is located strategically with easy access to all other parts of the city. Housing several renowned places and sprinkled with a potpourri of communities, this locality is much sought-after by people from all walks of life. Increasing demand for housing has given birth to several luxury apartments in Chennai, particularly in this area. Financially affordable and offering high living standards, luxury residences here are witnessing increased demand in recent times.

WHAT MAKES VEPERY STANDOUT IN UPCOMING LUXURY PROJECTS IN CHENNAI? Chennai, the state capital, is renowned for its cultural, social, and economic heritage. With globalization and a broadly expanding economy, there has been a considerable rise in the migrating population here. This has substantially increased the demand for residential projects in the city.

Vepery is located in the centre and connected very well with the rest of the city. It naturally attracts a significant number of homebuyers. Modern and luxury flats are coming up for sale in this neighbourhood of Chennai.

1) LOCATED IN THE CENTRE OF THE CITY The primary reason why luxury apartments in Vepery area are among the most coveted ones is the fact that Vepery is situated in the best part of the city. With just a stone’s throw from the city’s prime areas such as Egmore, Kilpauk, Anna Nagar, and Purasawakkam, this place bubbles with activity all the time. You get everything you need here, and you may reach any other location easily from here.

2) MARVELLOUS INFRASTRUCTURE One of the reasons for the rising demand for luxury apartments in Chennai’s Vepery is the quality of infrastructure found here.

Potable water, excellent transport system, and a good road network make this a great place to move in.

3) THE GREAT CULTURAL BLEND Living in luxury flats in Vepery will provide an unparalleled experience as the area is populated by people from various places with different cultures. The location is home to a mixed community of people from Andhra, Rajasthan, Gujarat, Telangana, and many more states. They bring with them their customs and culture, making it a fantastic experience to live here.

4) EXEMPLARY GREEN COVER Although Chennai as a whole doesn’t command much in terms of green cover, Vepery neighbourhood is comfortably ensconced among the greenery. This once rural locality is now developing into a busy hub that blends nature with modern amenities. A significant portion of Chennai’s flora and fauna is in Vepery.

5) GREAT FOOD JOINTS With people from several states living in harmony, there’s no shortage of multi-cuisine food in Vepery. There are quite a few restaurants and cafes that cater to the palates of varied types of people. Foodies can move to luxury apartments in Vepery just for the sheer fulfilment of their taste buds. Adyar Ananda Bhavan, Café Coffee Day, Murudis, Madras Coffee House, Sachin Ka Dhaba, and many more popular eateries have their presence here. You name it; you got it in Vepery.

6) TEMPLES FOR THOSE WITH THE RELIGIOUS BENT Vepery is blessed with several large temples for people of different communities. Living amid a peaceful atmosphere offered by temples is a blissful, spiritual experience. Sri Angala Parameswari temple, Kandi Vinayagar temple, Shri Gujarati Swethamber Murtipujak Jain Mandir, and several other temples for different beliefs are available here.

7) VEPERY HOUSES GREAT EDUCATIONAL INSTITUTES One of the primary concerns of the modern generation is quality education for children. There are several reputed educational institutions in and around Vepery, such as Agarwal Vidyalaya, Bentinck Girls School, Guru Shree Shantivijai Jain Vidyalaya, St. Matthias Anglo Indian School, The Shri Ram Universal School in SPR City, and many more.

Vepery houses quite a few colleges as well, such as St. Christopher’s College of Education, Guru Shree Shantivijai Jain College for Women, among others. Easy access to acclaimed schools and colleges is an added advantage for those who buy luxury apartments in Vepery, Chennai.

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8) SOCIAL AMENITIES AND INFRASTRUCTURE In addition to premium educational institutions, Vepery possesses a list of reputed health care organizations and recreation centres. With its exclusive social amenities and people-friendly lifestyle, this neighbourhood is suitable for people of all ages.

Periyar Manaiammai Hospital, Batoola Hospital, and CSN Hospital are a few of the reputed hospitals in Vepery. You get ample opportunities to unwind; there are several recreation centres here. Doveton sports centre, Indian Squash Academy, Youngster Roller Skating Center and YMCA International Youth Center are a few of the prestigious and popular spots.

9) EXCELLENT EMPLOYMENT OPPORTUNITIES There are plenty of job opportunities in the vicinity of Vepery. Ambattur, Thiruvanmiyur, and Guindy are just 16 km away from here.

Being located close to several employment hubs makes this neighbourhood the first choice among the young generation. The commute is smooth, making work-life balance great.

10) IDYLLIC LOCATION AND LAYOUT Located at the vantage point in the city, Vepery is undoubtedly one of the well-laid areas in Chennai. Following an originally well-organized layout, Vepery has roads running perpendicular and parallel to one another. This makes it easy and relaxed for navigating the neighbourhood. Finding and reaching any place here is a piece of cake.

11) ACCESSIBILITY In addition to being self-sufficient, having good accessibility with the other parts of the city is crucial. With one of the major arterial roads of Chennai— Poonamallee High Road—Vepery has excellent accessibility to significant places such as Chennai Central, Egmore, Koyambedu, and the city airport. It is also close to prominent city areas such as Purasawakkam, Anna Nagar, SPR City and Kilpauk. The Koyambedu Mofussil Bus Terminus is 8 km away whereas the city airport is less than 22 km from here.

CONCLUSION With a well-balanced environment that includes temples, schools, colleges, hospitals, commercial complexes, and luxury apartments for sale, Vepery has achieved being the niche for people from different financial and social strata. The cosmopolitan atmosphere and the endless opportunities here make a living a blissful experience for many. If you are looking to buy luxury apartments in Chennai, there’s no better place than Vepery.

OSIAN ONE – A LIFESTYLE MASTERPIECE ON EVK SAMPATH ROAD, VEPERY SPR Osian One is a luxury residence located on EVK Sampath Road, Vepery. The stunning architectural landmark with 19 breathtaking floors is crafted to inspire awe and comprises 43 ultra-luxurious 3 and 4 BHK homes complemented by infinite indulgences. Step out and you will find that everything you will ever need is at a convenient distance as your home is nestled like a gem in the heart of Chennai.

Offering the picture-perfect life, Osian One makes life a celebration in itself.

DEDICATED CLUBHOUSE: Beyond your vibrant home, this palette of luxury has infinite shades of indulgence.

Enjoy all of it at the spectacular 10,700 sq. ft. clubhouse with 5 sprawling floors where magical experiences unfold. Step in and unwind at the spa, or get an adrenaline rush at the virtual gaming zone. Host a party at the rooftop party lounge or at the spacious banquet hall. Pamper yourself at the Elle spa or enjoy a refreshing workout at the state-of-the-art Holyfield gyms. Discover the many delightful ways of celebrating life.

WHY CHOOSE OSIAN ONE? • 43 intricately-designed boutique apartments • Contemporary architecture infused with murals • Built with complete wellness in mind • Just 0.5 kms away from Chennai Egmore station • Wide array of amenities in terrace • Exclusive clubhouse with gym, mini-theatre, spa etc.

• Landscaped garden with kids’ play area • Ample space for two wheeler and car parking • In close proximity to schools, malls, hospitals etc.

• Well connected to railway, metro and bus stations Move into Osian One, Vepery today!

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PROJECT PROGRESS REPORT

TOWER A

Terrace crown work is in progress. External painting texture on the outer side has been completed, and is in progress in podium and intermediate sides. Waterproofing, MEP 1st fix, fire safety measures, main door frame fixing and lobby false ceiling have been completed upto 36th floor. Lobby flooring has been done until 33rd floor. Flat finishing work, staircase flooring and balcony railing work is also in progress.

AREA

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CONSTRUCTION

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PROJECT PROGRESS REPORT

TOWER B

TERRACE

Work is currently in progress in the above terrace area. Waterproofing and MEP 1st fix work has been completed up to the 28th floor. Fire safety work until 14th floor has been done. Utility railing and staircase flooring work is in progress. Internal flats flooring, gypsum plastering and door frame work is in progress.

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PROJECT PROGRESS REPORT

TOWER H

Construction work across the Tower-H site is being carried out in full swing. At present, work in the 35th floor is in progress and 34th floor roof has been completed. Waterproofing work up to 13th floor and MEP 1st fix up to 12th floor have been completed.

THIRTY FIFTH FLOOR

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PROJECT PROGRESS REPORT

THE SHRI RAM UNIVERSAL SCHOOL Construction work is being carried out at the school site in a rapid pace. Above terrace floor work is in progress across Block A and B. External plastering is in progress in Block A, B, C, D and E/F. Flooring work and gypsum plastering work is in progress in 1st, 2nd and 3rd floors. Internal painting is ongoing in 1st and 2nd floor. MEP 1st fix and waterproofing works have been completed in Block A ground floor and is in progress in other blocks. Internal painting work is in progress.

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PROJECT PROGRESS REPORT

ORIGINE BUNGALOW DEVELOPMENT:

Construction work is proceeding at a quick rate across the Origine bungalow site. Currently, in Zone 1 and 2, RCC work has been completed. In Zone 3, third and terrace floor work is in progress in some areas. In Zone 3, 2nd floor work is in progress. In Zone 4 and 5, podium and 1st floor work has been completed. Block work has been completed in zone 1 and is in progress in other zones. Model villa work is also taking place at a rapid pace with external block and plastering completed. Internal block, cladding, window fixing, fins and door work is currently in progress.

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PROJECT PROGRESS REPORT

MARKET OF INDIA

Work is in progress in full swing at the Market of India site. Basement 1 slab, lower ground cellar, lower ground floor, and raft work in basement 2 floor has been completed by upto 60% in both zone A and E. In Central Plaza, excavation has been completed and raft work is in progress in basement 2 floor. A new tower crane for central plaza zone is all set to be installed soon.

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PROJECT PROGRESS REPORT

MOI MOCKUP Work in Market of India experience centre is taking place in full swing. False ceiling work has been completed. Shops, meeting and cabin room flooring work has been completed, and finishing is in progress. Tunnel painting work is in progress.

NON - TOWER Excavation, shoring and civil work is currently in progress. Landscape pre-design schematic has been completed.

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HIGHLIVING UPDATES

SPR PARTICIPATES IN CHENNAI RETAIL SUMMIT 2019 HOSTED

BY RETAILERS ASSOCIATION OF INDIA The future undoubtedly belongs to businesses that are able to achieve sustainable growth, which involves achieving a fine balance between short-term and long-term growth. It requires retailers to be able to expertly juggle multiple facets such as customer centricity, good people practices, viable business model, technology adoption, societal and environmental impact and financial discipline.

Chennai Retail Summit 2019 On 8th August, 2019, at ITC Grand Chola, the Chennai Retail Summit (CSR) hosted by Retailers Association of India (RAI) brought together 300+ personalities and 30+ speakers from prominent industries. It brought together retail stalwarts on a common platform to deliberate on the new ways, devise new tricks that retailers could use to master the art of jugglery that is sustainable growth in retail. There were also prominent faces amongst the crowd, including the likes of Kamal Hassan.

By bringing together decision makers from across Indian retail industry, it offered an opportunity to meet with experts and solution providers who can help them achieve their goals. The event provided a great networking opportunity and allowed interaction with the top retail experts and leaders to take away knowledge and enhance your understanding of the retail industry.

Mr. Navin Ranka, Director, SPR Group was one among the speakers at the event. The retailers were also given a showcase of SPR’s project. On the whole, SPR commanded a strong presence at the event and garnered positive response from the retailers. Market of India, especially, managed to grab the limelight due to its promise of

dialogue with their industry friends and other service providers and

becoming India’s largest wholesale and retail destination. The event

examine their management objectives in a vibrant environment.

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FMMMA

CHENNAI EDITION 2019

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GLIMPSES FROM THE MOITA EVENT:

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HIGHLIVING UPDATES

IN FULL SWING: SPR PARTICIPATES IN A STRING OF EXPOS AND EXHIBITIONS ACROSS THE REGION META ELECTRICA A 3-day exhibition on electrical products, Electrica was held by Madras Electric Trades Association (META) in Chennai to showcase the latest products and developments in electrical and electronic industries.

Attracting over 20,000 visitors, the event generated huge business during the 3 days. SPR set up a massive stall dedicated to showcasing Market of India, India’s largest wholesale and retail market. Thiru P. Thangamani, Honourable Minister of Electricity, also dropped by our stall. With a zone designated for electric goods, the market has the potential of elevating businesses to the next level and promotes global trade. MOI’s showcase drew in positive response from the attendees.

CREDAI FAIRPRO COIMBATORE Shifting the focus from Chennai, SPR took its projects to the Coimbatore city by participating in the CREDAI FairPro event held between 13th to 15th September, 2019. SPR showcased its string of projects, including Chennai’s tallest towers, bungalows, school, Market of India, among others. Our stall alone received over 300 visitors, who were quite impressed with the range of projects on offer. Most of the visitors were keen on making an investment in a property in Chennai, and found SPR’s properties a suitable fit. Overall, it was a successful presence for SPR at the event, and we hope to conduct more such events beyond Chennai in the coming days.

Meena Bazaar

GJIIF Expo

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CAA Textile Expo

ELECXPO Electrical, Electronics & Power Expo IN A FIRST, MARKET OF INDIA GOES ON A BLITZ IN THE HEART OF CHENNAI’S CURRENT TRADING HUBS In a never-before-seen initiative, SPR came together to take Market of India directly to the trading community in Sowcarpet.

The novel blitz activity involved the entire staff, right from the top management, to the sales personnel, who reached out to the traders’ community on a one-to-one interaction to discuss more about the project. The personalized interaction proved beneficial in helping traders’ gain more insights into the project, and how Market of India can pave the way to greater business growth.

With the successful execution of the blitz, we hope to reach out to other regions such as Purasawalkam, T. Nagar, Ritchie street, among others in the coming days.

A PART OF INTELLECTUAL CONVERSATION: SPR PARTICIPATES IN THE ALGEBRA EVENT Algebra, the Arts & Ideas Club brings together a fellowship of people who believe great cities are built not just on infrastructure but a life of the mind; who understand robust and liberal societies need the oxygen of great conversation and nuanced thinking. Algebra is a live and continuous space for people to come together for a genuine exchange of ideas and exposure to issues; where new seeds could be sparked, fresh perspectives formed, and intelligent connections made.

This time around, Algebra – the Arts and Ideas Club hosted an event wherein topline thinkers and practitioners from almost every discipline that impacts human affairs: politics, economy, environment, spirituality, cinema, medicine, science, technology, real estate, media, among others were present. SPR Highliving was the associate partner at the event. The event provided a great opportunity to meet and interact with great thinkers and leaders from diverse industries.

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IN THE NEWS

MOITA CHENNAI EDITION - INDIA’S FIRST TRADE AWARDS ORGANIZED BY FMMMA & SPR GROUP FOUNDERS OF NALLI SILKS AND GOCOOLA DOSS JUMNA DOSS HONOURED WITH LIFETIME ACHIEVEMENT AWARD AT THE MOITA AWARDS Federation of Madras Merchants and Manufacturers Association

based real estate development that fosters growth and well-being.

(FMMMA) in association with SPR Group, held India’s first ever trade

At the MOITA awards, we’re taking that vision a step further and

awards - The Market of India Trade Awards (MOITA) on 17 September,

intend to create ‘Excellence Ambassadors’. We sincerely believe in

2019. The event coincided with FMMMA’s Silver Jubilee celebration.

the recognition chain of society and that traders need to move up the

The Chennai Edition of the awards saw Lifetime Achievement Awards

ladder to contribute to the economy. It will not only promote best trade

being presented to Shri. N Nalli Kuppuswami Chetti of Nalli Silks and

practices but also enhance fellowship among traders.”.

to Shri. Govind Das Purushotham Das of Gocoola Das Jumna Doss. Mr.

Mr. Surendar Vyas, President, FMMMA said, “FMMMA has been

H K Jhaver – Chairman, Jhaver Group of Companies, Shri. Ramesh

dedicated to trade and has represented the interest of traders over

Kumar Mutha, Managing Director, Mohan Mutha Exports Pvt. Ltd. and

the years. We are now in our 25th year of service. The idea to organize

Mr. S Chandramohan, Chairman, CII Tamil Nadu State Council were

MOITA was jointly conceived by SPR Group and FMMMA. Independence

the Guests of Honour. The awards were presented in the midst of a

and integrity are at the core of this award and the baton to decide on

galaxy of prominent business personalities, traders, Shri. Surendar

awardees was handed over to Members of Independent Jury who are

Vyas, President of FMMMA, Shri. Satish H Chavan, General Secretary

highly successful and well-regarded for their impeccable record.”

of FMMMA, Silver Jubilee Celebration Committee: Shri. Pravin M

SPR Group is the developer behind Market of India, India’s largest

Metha, Chairman and Shri. Hukmichand D Shah, Co-Chairman, and

wholesale market with 5000+ shops and offices. Built to overcome the

association members.

current trading challenges witnessed in unorganized traditional Indian

MOITA was instituted with a vision to elevate the standards of trading

markets, the wholesale centre provides a cohesive marketplace for

by recognizing achievers from various industries and encouraging

business, and is expected to rival the biggest trade centres in China.

healthy trade practices. Over 500+ nominations were received from

Providing world-class infrastructure, warehousing, logistics, supply,

various associations that cumulatively represent 10,000 traders in

and trade ecosystem, Market of India is expected to transform India

Chennai. An independent jury panel picked out 55+ winners from

into a trade destination and will provide enable traders in India and

various trades - based on predefined criteria factoring in revenues,

South Asia to expand their business.

growth and the contribution made by the traders to the industry. Some

FMMMA, was formed in 1994 and has currently grown into a

of the prominent awardees included Sangeetha Veg Restaurant, NAC

42-member strong body comprised of various trade associations and

Jewellers, Fybros, Nuts N Spices, Royal foods (India Gate) and Menaka

represents almost all trades comprising over 15,000 traders. FMMMA

Cards.

has always been at the forefront in educating the traders on various

The jury panel comprised of 3 members, Mr. Ponnuswami, CMD of

taxation laws, regularly conducting seminars etc.

Pon Pure Chemicals Group, Mr. Abhaya Kumar Srisrimal, Founder of

With the Chennai Edition of MOITA - India’s first ever trade awards

Shasun Group and Mr. M Murali, CMD of Krishna Sweets

wrapping up successfully, SPR Group plans on taking MOITA to other

Mr. Hitesh Kawad, Managing Director, SPR Group said, “The traders’

cities and making it an annual awards function that will recognize and

community is the real backbone of any country’s economy and has a

honour the leaders and achievers in various industries.

huge contribution to GDP and job creation. We have always felt that

AS FEATURED ON

th

it needs to be recognised. When we had discussions with FMMMA on their 25th year celebrations, the idea of MOITA - Market of India Trade Awards, our long dream of rewarding traders, was formalised.

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Send in your answers to these questions to marketing@sprindia.com Three lucky winners with the correct answers will win two free movie tickets each*.

Winners will be announced in the next edition.

1) What is the size of Chennai’s largest integrated township? a) 25 acres b) 50 acres c) 63 acres d) 30 acres 2) The Shri Ram Universal School at SPR City is taking in admissions for which grades?

TAKE THE QUIZ NOW

Last Month’s Winners are: GAURAV CHAJJED ASHOK KUMAR S SUNITHA JAIN

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a) Nursery only b) Nursery to Grade V c) Nursery to Grade VI d) Grade I to Grade VIII 3) A higher FSI would mean a _________ built-up area a) Higher b) Lower 4) Which of the following does Market of India include? a) Offices b) Shops c) Godowns d) All of the above 5) If you were to go to the second largest mall in Chennai in the future, where would you go?

Name the mall.

21 *Reward is subject to change depending on the availability and maybe substituted with one of an equivalent value.

THIS FESTIVE SEASON IS YOUR LAST CHANCE TO OWN A BUNGALOW IN THE HE RT OF CHENNAI 2 KM From Vepery

COMMUNITY BUNGALOWS WILL SOON BE HISTORY

Here’s why:

WWW.TNRERA.IN | TN/29/BUILDING/0295/2018

With the increase in FSI & premium as per the recent CMDA rules, probably no developer will come up with gated community bungalows in the heart of Chennai. At SPR Origine bungalows, you get the best of community living where everything is closer than you imagine, from exclusive clubhouse private garden, SPR City Mall & The Shriram Universal School. Experience life beyond the ordinary at Origine Bungalows.

FOR SITE VISIT E DIT IO N - 0 14 | S EP TEMB E R 2 0 1 9

81486 81486

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