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SUNCITY PROJECTS PRIVATE LIMITED, a company engaged in the development of international quality real estate infrastructure for shopping, commercial, leisure and housing activities. The Company is promoted by ESSEL, ACTION and ODEON GROUPS. Brief detail of the promoters group of the Suncity is as under:

 

Vision of the Company

 

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TO BE THE LARGEST DEVELOPER OF REAL ESTATE IN INDIA IN THE NEXT FIVE YEARS

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TO BE THE FIRST SIGNIFICANT PLAYER IN THIS SPACE TO CAPTURE “FIRST MOVER” ADVANTAGE

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TO PROVIDE VALUE ADDED PRODUCTS & SERVICES TO CUSTOMERS

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TO INCORPORATE A TECHNOLOGY PLATFORM AND CONTINUOUSLY INNOVATE – “KEEP AHEAD” OF THE PACK

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TO GUIDE, ADVISE & FACILITATE ENTRY OF INTERESTED PARTIES TO THE INDIAN REAL ESTATE MARKET

 

 

Strengths of the Company

 

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STRONG FINANCIAL backing of the Promoters.

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UNDERSTANDING OF GOVERNMENT AND POLICY FRAMEWORK

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UNDERSTANDING OF “INVESTOR” NEEDS & REQUIREMENTS

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KEEN UNDERSTANDING OF THE REAL ESTATE MARKETS IN INDIA

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TOP CLASS HUMAN RESOURCES

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MULTIPLE RESIDENTIAL AND COMMERCIAL PROJECTS IN THE PIPELINE

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EXPERTISE IN LAND ACQUISITION

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QUICK COMPLIANCE WITH STATUTORY REQUIREMENTS

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TIMELY DELIVERY OF VALUE ADDED PRODUCTS & SERVICES

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EFFICIENT PLANNING AND DESIGN

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RELATIONSHIPS WITH LENDING INSTITUTIONS AND INSTITUTIONAL INVESTORS

 

 

ACTION GROUP

 

The Action Group is one of India’s leading business conglomerates with a Group Turnover of aprox. Rs. 700 Crores for the year 2004-05 and net worth of aprox. Rs. 200 Crores as on 31st march 2005. The Action Group is promoted by Shari Mange Ram Aggarwal and his sons viz. Shri Nand Kishore Aggarwal, Shri Subhash Chander Aggarwal, Shri Raj Kumar Aggarwal, Shri Naresh Aggarwal, Shri Anil Kumar Aggarwal, Shri Hari Kishan Aggarwal, Shri Ajay Aggarwal and Shri Tarun Aggarwal. Action group is actively involved in seven principal businesses viz. Footwear and its components manufacturing, Chemicals & Plasticizers, Moulded Furniture, Computer peripherals and software, Invertors & batteries and Real Estate Projects. The group has further diversified itself by exploring to establish a steel plant in Orissa.

 

Today, the Group’s strategy is to be competitive and be a leader in the quality of goods and services provided. The Group also endeavors to continuously develop new business ventures in related areas.

 

The Action group is one of the fast growing leading groups of Companies. Action is not only a leading brand in Footwear, but it has also diversified into other fields as well like Computer Equipments, Real estates etc. Action is manufacturing invertors in the brand name of ‘Microtek’ and batteries in the name of ‘Okaya’, which are presently market leaders in their segments.

 

India’s economic liberalization programme has provided major opportunities for private sector investments. Action has utilized this to emerge as a dominant player in many of its activities and are contributing in creating national assets, export earnings, import savings and career opportunities in high technology areas.

 

The Group also runs Charitable Hospitals / Dispensaries and Ashrams to fulfill the social obligation.

 

ODEON GROUP

 

Odeon Group is promoted by Shri Ram Niwas Bansal, Shri Ashok Bansal and Shri Rajesh Bansal. ODEON is a premier construction Company of Delhi having successful project completion experience of more than 10 years experience and has constructed over 40 Lac Sq. Ft. areas from its various Group Housing & Commercial Projects.

 

Odeon has constructed multistoried apartments at Dilshad Colony, Dwarka and Vasundra Enclave, Delhi. It is also constructing commercial malls at Shahdara and Wazirpur, New Delhi and Lucknow.

 

BOARD OF DIRECTORS

 

The Board of Directors of the M/s. Suncity Projects Private Limited comprises as follows: -

 

 

Shri Laxmi Narain Goel

 

Shri Subhash Chander Aggarwal

 

Shri Ashok Bansal

 

Sh. Raj Kumar Aggarwal

 

Sh. Ajay Aggarwal

 

Shri Tarun Aggarwal

 

Shri Amit Kumar

 

 

DETAILS OF REAL ESTATE PROJECTS

 

A. Township at Gurgaon

 

The Company has implemented a Mini Residential Township in 130 acres at Sector 54 (adjacent to 7DLF-Phase 4 & 5) in Gurgaon.

 

Area Under Group Housing

15.20 Acres

Area under Commercial

4.33 Acres

Area Under Schools

9.00 Acres

Area Under Plots

52.72 Acres

Area under Community Center

2.00 Acres

Area Under Dispensary

1.25 Acres

 

 

B. Essel Towers, Gurgaon

 

Is a high rise ultra luxury residential apartment complex located on the posh MG Road of Gurgoan. The total development is 3 Million Sq Ft. most of which is complete. 9 lakh square feet of this has been developed for Airlines pilots society.

 

C. Time Tower Office Complex

 

Located at MG Road, Gurgoan, with a total built up area of 350,000 Sq. Ft. This is will be a Luxury Office Complex located in one of the most posh locations of NCR. This project has received tremendous response from investors and prospective tenants. The time to completion is about two years.

 

D. Suncity World School, Gurgaon

 

Is a venture in educational field. Located at Sector –54, Suncity Colony, Gurgaon, the school is spread over 5.49 acres area of land. Major highlights of the school are as under:

 

 

Total Land Area

5.49 Acres

 

Total Cost of the Project

Rs. 39 Crores

 

 

Construction of the school has completed and the admission are being taken for 2006 session.

 

E. Shopping cum Multiplex – CrossRiver mall

 

M/s Suncity Projects Private Limited through its subsidiary company M/s STC Developers Pvt. Ltd. has developed a Commercial Complex / Multiplex at Plot No. 9B & 9C having total built up space of floor area of 400,000 Sq Ft. It is located at Central Business District (C.B.D.), Shahdara. This is a fully air-conditioned shopping mall with ultra modern facilities and a multiplex. The project is completed and possession has been handed over to tenants and owners of the stores.

 

80% of the area has been leased out to big brands.

 

F. Shopping cum Multiplex – North Square

 

A Commercial Complex/ Multiplex at Plot No. F – 1, 2 & 3 located at District Center Wazirpur (Netaji Subhash Place). This is a fully air-conditioned shopping mall with ultra modern facilities and a multiplex. The mall has a built up area of 50,000 Sq Ft.

 

50% of the area has been leased out to well known brands.

 

G. Shopping Complex – Vasant Square

 

A Commercial Complex at Plot No. “A” situated at Community Centre, Sector – B, Pocket V, Vasant Kunj, New Delhi. This will be a fully air-conditioned shopping mall with ultra modern facilities. This mall has a total built up area of 400,000 Sq Ft. The mall is likely to be complete by the first quarter of 2007.

 

65% of the area has already been leased out to well known brands.

 

H. Two Commercial Malls at Jaipur

 

The company is developing two fully air-conditioned shopping malls with ultra modern facilities in Jaipur, Rajastan. The brief detail of the project is as under: -

 

 

Mall – 1

 

 

 

Jaipur Mall – Jhotwara Road

 

 

 

Plot area

2.03 sq. ft

Location

Jotwara – Sikar Road

Built up area

4,00,000 sq ft

 

 

 

 

Major brands have taken space on lease in the mall.

 

 

 

70% of the area has already been leased out.

 

 

 

 

 

Mall – 2

 

 

 

Malviya Nagar

 

 

 

Plot area

2 Mn sq. ft

Location

Malviya Nagar

Built up area

2 Mn sq ft