Contents

ABOUT UTKAL KANIKA GALLERIA LOCATION RETAIL & ENTERTAINMENT MÉLANGE MALL FACILITIES DESIGN & PLANNING CONSULTANTS DEVELOPERS – A CITY OF OPPORTUNITIES INVESTMENT SCENARIO RETAIL REAL ESTATE SCENARIO About Galleria

A luxury shopping mall located in the heart of Bhubaneswar at Kalpana Square opposite Orissa State Museum Spread over 2,40,000 square feet Ground + 3 floors of Retail and 2 levels of Basement with a capacity to accommodate 250 cars Fully Air-Conditioned Shopping Mall Staggering 300 ft Modern Facade with a combination of Glass, Wooden Planks, Aluminium Perforated Jali & Aluminium Composite Panels Retail spaces ranging from 500 square feet to 1800 square feet Within a 5 km radius, the entire city’s premium residential area exists 90+ 2.4 lacs+ Large Format Retail Stores Built-Up Area 300+ feet Modern Facade 250+ Car Parking Facility

Utkal Galleria KEY NUMBERS

Location

Strategically located on the Junction of Kalpana Square opposite The nearby affluent catchment residential area comprises of Saheed Nagar, Kharvel Nagar, Satya Nagar, Forest Park, Surya Nagar, Bapuji Nagar, Ashok Nagar, BJB Nagar, Old Town, Tankapani Road etc The major corporate offices, educational institutions, market places, airport, railway station etc. are within a radius of 5 km of the shopping mall RESIDENTIAL AND OFFICE CATCHMENT

TOWARDS

1. SAIL G

2. Governer House R 19

A SAHID NAGAR

M D

5 T A

G

3. Commissionerate of Police U O

R Y R

A

D R

I M

A

4. Bhubaneswar Club B A

G Y

A A

S

L I 5. Secretariate A

M

V X

I SATYA NAGAR

A

H NILAKANTHA L

6. Odisha Legislative Assembly C NAGAR A S 7. BDA 7 8. ITC Fortune JHARAPADA 9. Kalinga Ashok 3 1 KHARABELA RAJ BHAVAN 6 10. State Museum COLONY NAGAR 11. BMC Office 2 5 NH 203 SOUBHAGYA SURYA ASHOK 12. Sub Registrar Office NAGAR NAGAR NAGAR 13. District Court 4 RAILWAY STATION 14. BJB Autonomous College 203 15. Odisha Tourism FOREST 9 PARK 8 Utkal Kanika Galleria 16. Mescosteel BAPUJI 17. Axis Bank NAGAR 10 11 SS A LAXMI SAGAR Y 18. BJEM School B I BIJU PATNAIK 18 R INTERNATIONAL AIRPORT U 19. IMFA P K 12 14 C A T 13 T 15 BJB NAGAR U C 17 16 BARAGARH TANKAPANI ROAD 203 OLD TOWN

TOWARDS Retail Snapshort (with 5 km Radius)

1. Adidas TOWARDS CUTTACK 7

2. Reliance Fresh 24 8 G

R 9

3. Falcon House A D

G A

M 10

R SAHID NAGAR

O

T A 5 R

U 11

4. MG Market M

R Y

A 12 A

D I Y

G 5. Reliance Fresh A B

A L 13

S

I A

H 15

22 V 14 M I

6. Bata T

25 X H

21 A

A

C P

1 L A

7. Titan, Hoffman, K-Lounge N

23 S

UNIT 4 A 26 J 8. Pantaloons 2 16 9. Spykar, JustIt, Lee, Pepe Jeans 20 3 4 10. Saree House, Shela Shoes RAJ BHAVAN 11. Traffic Jam COLONY 5 NH 203 12. Kalamandir, Manyavar UNIT 2 19 17 18 Reliance Trends, Raymond 6 13. Khimji Jewellers RAILWAY STATION 203 14. Panda Lifestyle, Woodland, Nike 28 15. BMC UNIT 1 Utkal Kanika Galleria 16. Mart 27 29 17. Lalchand Jewellers SS YA B LAXMI SAGAR I 18. Puma, Wills Lifestyle, Meher, Mana Mandir R BIJU PATNAIK U P 19. Market Building (Unit-II) INTERNATIONAL AIRPORT K C A T 20. Tommy Hilfiger, Helious, Adidas T U 21. All That Jazz BJB NAGAR C 22. Unit 4 Market BARAGARH TANKAPANI 23. The World Mall 30 ROAD 24. Priyadarshini Market OLD TOWN 203 25. Reliance Fresh 26. Reliance Fresh 27. Bapuji Nagar Market 28. Unit 1 Market TOWARDS PURI 29. Mom & Me 31 30. Reliance Fresh 31. 7 Eleven Family Market Retail & Entertainment Mélange�

Smart blend of national & international brands maintaining the brand mix of the mall A gamut of 90 brands spread over four levels Large clear atrium with larger shops facing the atrium and smaller shops strategically located for maximum visibility. No blind spots or dead ends in the mall Strategic positioning of escalators on every floor for efficient movement of traffic. 3 high speed elevators along with a service elevator Large format departmental store as Anchor store with separate set of escalators Floor segregated for premium life style brands Retail Zoning has been done for various categories to ensure smooth customer experiences 4 screen multiplex covering 30,000 sq.ft Food court, fine dining restaurants & bars, kids gaming & entertainment zone Mall Facilities�

2 separate levels of basement car park that can accommodate 250 cars Parking slots are designed in such a way to facilitate easy driving and safety Mall management office with a build-in building management services Provision for 100% power back-up through D.G. sets for uninterrupted service Smoke detectors and fire alarm system Firefighting system with sprinklers Integration of firefighting & detector system with the building management system CCTV installed at strategic locations Specific vehicular movement for easy manoeuvering of cars and bikes Mall Facilities�

Announcement system for car calling and different requirements of mall visitors / customers 24X7 security support Provision of wheel chair & first aid ATM kiosks Help Desk & Information Centre Design & Planning Consultants

The design of the mall is conceptualized by the country’s one of the most experienced and renowned architect “Agrawal & Agrawal” to ensure the most effective and seamless retail planning “Agrawal & Agrawal” who has more than 25 years of experience and have developed mall like Forum & Forum Courtyard, , Avani Riverside, etc in Jones Lang Lassalle (JLL), a global real estate services firm specializing in shopping mall leasing has been roped in for the design advisory & planning Design & Planning Consultants

Mechanical, Electrical & Plumbing (MEP) consultant “MEP Consulting Engineers” founded by Mr. Birju Patel who has given MEP consultation in numerous projects like Oberoi Prisma , Peninsula Park Mumbai, Grand Hyatt , Taj GVK Mumbai, DLF Mumbai, The 42 Kolkata etc Landscape Consultants “Design Accord” New Delhi Developers

Utkal Builders began operations in the year 1988 with a vision to transform the way people perceive quality in the real estate industry in Odisha. The company brought in the concept of multi-storied buildings for the first time in Bhubaneswar in 1989.

The Utkal Builders Group believes in developing and constructing aesthetically designed economically viable residential and commercial complexes of international quality. The buildings reflect engineering excellence with a practical view to providing complete customer satisfaction. The group has developed more than 3 million sq.ft. of real estate space in the last two decades and another 2 million sq.ft. is in the pipeline in the next 3 years. With a reputation for quality, timely execution, transparency, fair play, integrity and honesty, the group is involved in the development of premium residential complexes, integrated townships, office buildings, commercial complexes and shopping malls. Some of Utkal Group’s completed projects Niharika Apartments Sreekshetra Bhakta Niwas, Puri Prasanta Apartments City Mart (Commercial) Monalika Apartments Pantaloons Store (Commercial) Kesharvilla Apartments Utkal Royal Residency Vandana Apartments Utkal Signature (Commercial) Krishna Kunj Apartments Utkal Heights Sriram Vihar Apartments The ongoing projects Nirmala Plaza Utkal Vatika Jyoti Enclave Utkal Villas Nirmala Plaza (Commercial) Utkal Corporate Park Mahavir Sadan Utkal Centre Point Baishnav Vihar Phase I & II Utkal Signature Utkal Emeralds Utkal Royal Residency Utkal Villas

Utkal Heights Utkal Corporate Park Utkal Vatika Utkal Centre Point Bhubaneswar CITY OF OPPORTUNITIES

The components of Bhubaneswar city’s economy varies from horticulture, agriculture, sericulture, minerals sector, agro-based and engineering industries IT (Information Technology) enabled services along with tourism and handloom industry also comprises a significant share of the economy Recently many big companies which include Infosys, TCS, Mahindra Satyam, Genpact, Tata Power & Steel, Jindal Power & Steel, Aditya Birla Group, Reliance Energy, Alloys, IMFA, GMR, Vedanta, NTPC, NALCO, SAIL, Indian Oil Corporation Ltd., Bharat Petroleum Corporation Ltd. and many others have invested in the city Bhubaneswar CITY OF OPPORTUNITIES

With a rating of 9.14 per cent, Odisha has emerged as a leading state in economic growth rate Rapid industrialisation and increase in growth of services sector activities has resulted into increasing disposable income, favourable demographics, changing lifestyles and growth of population Bhubaneswar KEY NUMBERS

Rs 50,849 Per Capita Income Rs 38,757 Per Capita Expenditure

76% % Expenditure 50% Population in Upper Middle Class segment

Source: City Skyline Data, Indicus Analystics, Jones Lang Laselle Report Odisha Investment Scenario

Investment worth Rs. 2.15 lakh crore have grounded in Odisha from industries that have signed memorandum of understanding (MoU) with the state government The state government has signed MoU’s with 93 players with steel sector leading the pack at 48. Other MoUs include 28 in the power sector, three in aluminium, four each in cement and ports and the rest for creation of downstream units The MoU signed players had committed investments of Rs. 8 lakh crore of which Rs. 2.15 lakh crore has already been grounded. Investments worth Rs. 1.09 lakh crore have grounded in the steel sector alone As many as 50 steel investors had signed MoUs with the state government, envisaging a steel capacity of 79.82 million tonne and committing investments worth Rs. 2.22 lakh crore Odisha Investment Scenario

In the power sector, the independent power producers (IPPs) have invested Rs. 32,991 crore on their proposed coal-fired projects in Odisha Among the 28 players that have inked pacts with the state government, 2 have commenced commercial production - Vedanta Group firm Sesa Sterlite and GMR Kamalanga Energy Ltd The IPPs that have made substantial investments on their projects are JITPL (Rs. 4564.26 crore), Monnet Power Company Ltd. (Rs. 4100 crore), Lanco Babandh Power Ltd. (Rs. 4850 crore) and Ind-Barath Energy Utkal Ltd. (Rs. 2954 crore) In the aluminium sector, the state government had inked pacts with three players – Vedanta Aluminium (now Sesa Sterlite), Adity Aluminium and home grown RSB Metaltech Ltd. of these, Sesa Sterlite has invested over Rs. 40,000 crore on its alumina refinery at Lanjigarh and smelting facility at MINERALS IN ODISHA

Nickel Ore Chromite Reserves Bauxite Reserves (92% of total reserves) (95% of total India reserves) (55% of total India reserves)

Manganese Ore Iron Ore Graphite Ore (40.4% of total India reserves) (33% of total India reserves) (29% of total India’s reserves)

Pyrophilite Fire Clay Coal (36% of total India reserves) (25% of total India reserves) (24.5% of total India reserves) Retail Real Estate Scenario DECODING THE BHUBANESWAR RETAIL MARKET Recent Development

About 150 national retailer stores of which more than half are apparel stores More than 79% of the population prefer malls Most retail outlets are performing well in comparison to national industry trends Lack of organised planned shopping malls in the city with a good brand mix Demand-Supply Analysis

Area (in Mn sq.ft.)

2.5 1.9 Demand 2

1.5 0.87 Supply 1

0.5

0

Source: City Skyline Data, Indicus Analystics, Jones Lang Laselle Report Bhubaneswar KEY NUMBERS

Rs 1,200 approx Average trade density per mall development (for psfpm)

Rs 36,000 Average Annual per Capita Retail Expenditure

1 mn sq.ft. Undersupply of Retail Space Rs 1959 mn Total Organised Retail Market Size

Source: City Skyline Data, Indicus Analystics, Jones Lang Laselle Report Major Brands Present