Satej Corporation Redevelopment Projects

Satej Corporation is a real estate organization concerned with project development since 1990
primarily in and around Ahmedabad, Gujarat. Having an in-depth experience in this fancied and widely
accepted field of real estate our organization has pioneered the UNIQUE concept of exponential growth of
its BUSINESS ASSOCIATES along with that of SATEJ CORPORATION keeping promises of strong adherence
to ethical business practices.

Products and services of the company

 Land acquisition and purchase possession.
 Planning of projects along with land evolution
 Planning and execution of various resources like joint venture
 Legal collaboration of sanctions and various services.
 Create self-employed Independent society.
 REDEVELOPMENT OF OLD FLATS / OFFICE /TENANT/SLUM ETC. PROPERTY
BUILDINDS
 Availability of anything and everything in Real estate

Projects taken by the company

 Satvik Luxury Homes
 Shreya Residency
 Shree Siddhi Vinayak I and many more

Completed Projects
 Karmajyot Bunglows
 Satvik Luxury Homes
 WHY REDEVELOPMENT?
 FLAT OWNERS GET NEW UNITS IN PLACE OF OLD AT ZERO INVESTMENT .
 FREEDOM FROM OLD PLUMBING,DRAINAGE,ELECTRIFICATION LINES .
 FREEDOM FROM EARTHQUAKE PRONE OLD STRUCTURE DESIGNS .
 WITHIN CITY LIMITS SO BEST ROAD CONNECTIVITY AND PUBLIC TRANSPORT .
 NEARNESS TO RAILWAY, BUS STATION AND AIRPORT THAN RURBAN AREAS .
 BETTER WATER SUPPLY AND DRAINAGE OPTIONS WITH EASE OF MAINTENANCE AND
OPERATION WITH LOW WASTAGE AND NICE SAFETY .
 NO HASSLES OF TOWN PLANNING SCHEME AND ROAD CUTTINGS .
 LESS POT HOLES DUE TO FINISHED BASIC CORPORATION AMENITIES .
 INSTANT AVAILABLITY OF HIGH VOLTAGE CONNECTIONS/ NO FLUCTUATION .
 BETTER VALUATION OF PROPERTY COMPARED TO REPAIRED OLD ONE .
 BETTER LOAN FACILITY AS MORE THAN 15 YEAR OLD GET LESS LOAN LIMITS .
 ADDITIONAL UNIT PURCHASABLE AT 10% DISCOUNTS FOR OLD UNITS OWNERS .
 BETTER PARKING FACILITY AT GROUND FLOOR AND BASEMENTS WITH APPROACHES .
 COMPLETE LEGAL FILES COMPARED TO UNORGANISED OLD FILES’ MESSY STATUS .
 FRESH TITLE , LATEST PLANS , GOVERNMENT PAPERS SO FREEDOM FROM PAST
INCOMPLETE PENDING PROCEDURE , A BOON FOR NEW GENERATION .
 IN THE HEART OF CITY SO NEARNESS TO WORK PLACES & PLACES OF OPPORTUNITY .
 NEARNESS TO HOSPITALS , TEMPLES , HOTELS , SCHOOLS , COLLEGES ETC .
 EASE OF APPROACH TO WHOLESALE & RETAIL MARKETS FOR ECONOMY .
 BENEFITS OF RENT , LOGISTIC EXPENSES , BONUS AMOUNTS BY DEVELOPERS .
 MAINTENANCE DEPOSIT CORPUS FREE FOR OLD MEMBERS A BLESSING .
 CLEAN NEW LATEST BUILDINGS ADD TO STATUS , WELL BEING OF USERS .
 LIFT FACILITIES ADD TO COMFORT OF UPPER FLOOR OLD MEMBERS .
 FREEDOM FROM TERRACE LEAKAGE DAMAGING WHOLE BUILDING LIFE .
 ROAD LEVEL GROUND FLOOR UPGRADATION MEANS FREEDOM FROM RAINWATER
INGRESS AND WATER LOGGING & MOSQUITO PROBLEMS .
 DRAINAGE REVERSE FLOW PROBLEMS SOLVED FOR GROUND LEVEL TOILETS .
 BIGGER SIZE NEW UNITS SO MORE SPACE FOR ALL FAMILY MEMBERS OF OLD UNITS .
 BIGGER STAIRCASE AND LIGHT VENTILATION FOR FRESH AIR AND LIGHTING .
 OVERALL BEST QUALITY OF LIFE , HEALTH , HAPPINESS & ORGANISED LIVING .
 REDEVELOPEMENT DISCUSSIONS MAKES UNITY AMONG OLD MEMBERS WHICH
ERADICATES OLD DISPUTES LEADING TO BETTER UNDERSTANDING OF SOCIETY .
 BEST PROFITABILITY TO DEVELOPERS AT LOW INVESTMENT / LOW COST OF FUNDS .
 Selection of proper land its locality and geography.

 Land acquisition and possession with purchase.

 Land development , planning and project execution.
 Resources planning joint ventures , finances etc.
 Legal and Liaison of sanctions and services.
 Create self employed Independent society.
 REDEVELOPMENT OF OLD FLATS / OFFICE /TENANT/SLUM ETC. PROPERTY BUILDINDS
 Truly a “ONE STOP SHOP “for anything and everything in Real estate.

Our Vision :

 Transform the way people perceive 'Quality' , Equality and opportunity.

Our Mission :

 To attain and maintain Global LEVEL leadership in Real Estate through People Network and
Relational superiority,, at a competitive cost, to make a Globalize Real Estate Business

Transaction Brief

New SPV will be created for the project development and depending on
the choice of the project SPV will have minimum 5 to 10 projects combining
investment value - In the JV investor will hold 67% and management and
working group will hold 33% share.
 INVESTMENT / PROFITABILITY

INVESTMENT/PROFITABILITY FOR MODERN APT. PALDI.

PROJECT NAME OPTION1
LOCALITY/AREA PALDI
Residential B+P+11
FSI with purchase TDR 2.70
Final Plot Size IN SYDS. 5041
FINAL PLOT SIZE IN SQUARE FEET 45369
TOTAL BUILT UP AREA IN SFT. 122496
DURATION OF PROJECT IN MONTHS 24
NO. OF OLD MEMBERS 72
Investments
NO. OF OLD UNITS FOR SALE BUNGLOW
COST FOR PURCHASING OLD UNITS 0
NO. OF OLD UNITS FOR REDEVELOPMENT REALLOTMENT 72
Bank Gaurantee by FD 0
COST OF BANK GUARANTEE @ 2% 0
RENT TO OLD MEMBERS 43200000
BONUS @OLD MEM. / FSI COST IF ANY 108000000
MAINT. DEPOSIT TO OLD MEMBERS 14400000
CON.COST 60%RCC FRAME, BOX COST 110246670
Total Project Investment 275846670
ACTUAL CON. COST@RS.1500/SFT 183744450
COST OF FSI PURCHASE 50410000
TOTAL REDEVELOPMENT COST FINALLY 399754450
Sales
TOTAL BUILT UP AREA IN SFT. 122496
AREA ALLOTED TO OLD MEMBER SFT. 67824
DEVELOPER SALE AREA (BUILT UP SFT.) 54672
SALEABLE SUPERBUILT UP AREA IN SFT. 95677

RESIDENTIAL AREA FOR SALE IN SFT. 95677

NO. OF NEW UNITS FOR SALE 128-72 ( CO. STOCK ) 56 NO.S
SALE AMOUNT @ RS. 6250 / SFT 597978281

AEC/AMC/LEGAL CHARGES@RS.550/SFT. 52622089

Total Sales 650600370
Profit 250845920
ROI 63
 INVESTMENT/PROFITABILITY FOR ATUL APT. NARANPURA.
PROJECT NAME OPTION1
LOCALITY/AREA NARANPURA
Residential B+P+11
FSI with purchase TDR 2.87
Final Plot Size IN SYDS. 1387
FINAL PLOT SIZE IN SQUARE FEET 12483
TOTAL BUILT UP AREA IN SFT. 35826
DURATION OF PROJECT IN MONTHS 24
NO. OF OLD MEMBERS 24
Investments
NO. OF OLD UNITS FOR SALE 0
COST FOR PURCHASING OLD UNITS 0
NO. OF OLD UNITS FOR REDEVELOPMENT REALLOTMENT 24
Bank Gaurantee by FD 10000000
COST OF BANK GUARANTEE @ 2% 200000
RENT TO OLD MEMBERS 6912000
BONUS @OLD MEM. / FSI COST IF ANY FLAT SIZE DIFF.COST 6132000
MAINT. DEPOSIT TO OLD MEMBERS 4800000
CON.COST 60%RCC FRAME, BOX COST 32243589
Total Project Investment 50087589
ACTUAL CON. COST@RS.1500/SFT 53739315
COST OF FSI PURCHASE 12500000
TOTAL REDEVELOPMENT COST FINALLY 84283315
Sales
TOTAL BUILT UP AREA IN SFT. 35826
AREA ALLOTED TO OLD MEMBER SFT. 19440
DEVELOPER SALE AREA (BUILT UP SFT.) 16386
SALEABLE SUPERBUILT UP AREA IN SFT. 28676

RESIDENTIAL AREA FOR SALE IN SFT. 28676

NO. OF NEW UNITS FOR SALE 44-24 ( CO. STOCK ) 20 NO.S
SALE AMOUNT @ RS. 4000 / SFT 114703470

AEC/AMC/LEGAL CHARGES@RS.550/SFT. 15771727

Total Sales 130475197
Profit 46191882
ROI 55
 INVESTMENT/PROFITABILITY FOR AMIKRUPA APT. MANEKBAUG
PROJECT NAME OPTION1
LOCALITY/AREA MANEKBAUG
Residential B+G+11
FSI with purchase TDR 3.79
Final Plot Size IN SYDS. 1900
FINAL PLOT SIZE IN SQUARE FEET 17100
TOTAL BUILT UP AREA IN SFT. 64809
DURATION OF PROJECT IN MONTHS 24
NO. OF OLD MEMBERS 48+BUNGLOW
Investments
NO. OF OLD UNITS FOR SALE BUNGLOW
COST FOR PURCHASING OLD UNITS 0
NO. OF OLD UNITS FOR REDEVELOPMENT REALLOTMENT 46
Bank Gaurantee by FD 0
COST OF BANK GUARANTEE @ 2% 0
RENT TO OLD MEMBERS 16560000
BONUS @OLD MEM. / FSI COST IF ANY GF MEMBERS ONLY 4500000
MAINT. DEPOSIT TO OLD MEMBERS 9200000
CON.COST 60%RCC FRAME, BOX COST 50551020
Total Project Investment 80811020
ACTUAL CON. COST@RS.1300/SFT 97213500
COST OF FSI PURCHASE 27500000
TOTAL REDEVELOPMENT COST FINALLY 154973500
Sales
TOTAL BUILT UP AREA IN SFT. 64809
AREA ALLOTED TO OLD MEMBER SFT. 41400
DEVELOPER SALE AREA (BUILT UP SFT.) 23409
SALEABLE SUPERBUILT UP AREA IN SFT. 40966

RESIDENTIAL AREA FOR SALE IN SFT. 40966

NO. OF NEW UNITS FOR SALE 72-46 , ( CO. STOCK ) 26 NO.S
SALE AMOUNT @ RS. 5500 / SFT 225311625

AEC/AMC/LEGAL CHARGES@RS.550/SFT. 22531163

Total Sales 247842788
Profit 92869288
ROI 60
 INVESTMENT/PROFITABILITY FOR KUNDAN 3 APT. VASNA.
PROJECT NAME OPTION1
LOCALITY/AREA VASNA
Residential B+P+11
FSI with purchase TDR 2.70
Final Plot Size IN SYDS. 3584
FINAL PLOT SIZE IN SQUARE FEET 32256
TOTAL BUILT UP AREA IN SFT. 87091
DURATION OF PROJECT IN MONTHS 24
NO. OF OLD MEMBERS 48+BUNGLOW
Investments
NO. OF OLD UNITS FOR SALE BUNGLOW
COST FOR PURCHASING OLD UNITS 40000000
NO. OF OLD UNITS FOR REDEVELOPMENT REALLOTMENT 48
Bank Gaurantee by FD 0
COST OF BANK GUARANTEE @ 2% 0
RENT TO OLD MEMBERS 15552000
BONUS @OLD MEM. / FSI COST IF ANY 40800000
MAINT. DEPOSIT TO OLD MEMBERS 4800000
CON.COST 60%RCC FRAME, BOX COST 78382080
Total Project Investment 179534080
ACTUAL CON. COST@RS.1500/SFT 130636800
COST OF FSI PURCHASE 35000000
TOTAL REDEVELOPMENT COST FINALLY 266788800
Sales
TOTAL BUILT UP AREA IN SFT. 87091
AREA ALLOTED TO OLD MEMBER SFT. 47952
DEVELOPER SALE AREA (BUILT UP SFT.) 39139
SALEABLE SUPERBUILT UP AREA IN SFT. 68494

RESIDENTIAL AREA FOR SALE IN SFT. 68494

NO. OF NEW UNITS FOR SALE 88-48 ( CO. STOCK ) 40 NO.S
SALE AMOUNT @ RS. 4750 / SFT 325344600

AEC/AMC/LEGAL CHARGES@RS.550/SFT. 37671480

Total Sales 363016080
Profit 96227280
ROI 36