DOCSLIB.ORG

Rental Income (Rs

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Rental Income (Rs The Phoenix Mills Limited Investor Presentation November 2017 STEADY Performance. PROGRESSIVE Thinking. GROWING Portfolio. Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Important developments that could affect the Company’s operations include changes in the industry structure, significant changes in political and economic environment in India and overseas, tax laws, import duties, litigation and labour relations. The Phoenix Mills Ltd. (PML) will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. 2 Company Overview Investment Rationale Financial Results Annexure Our Portfolio Developer and manager of prime retail-led assets in city centers, with a gross portfolio of 17.5 million sq. ft spread over 100+ acres of prime land in key gateway cities of India 8 Malls spread over 6 mn sq. ft in 6 major cities Residential Projects under Development with FY17: Consumption of INR 58 bn and Rental 4.13 mn sq. ft. of saleable area income of INR 7.7 bn INR 18 bn cumulative residential sales till FY17 2 Hotel (588 Keys) managed by renowned global operators Commercial centres in Mumbai with FY17: St. Regis ARR of INR. 10,594 with 72% occupancy Rent-generating leasable area of 0.98 mn sq.ft A-Grade malls in prime locations of major cities in India Residential, commercial and hospitality complements retail business ^ Consolidated # FY11-FY17 4 Our Portfolio MALL PORTFOLIO (6.07 MSF) HSP & Palladium Mumbai 0.74 Phoenix MarketCity Chennai 1.00 Phoenix MarketCity Pune 1.19 Phoenix MarketCity Bangalore 1.00 Phoenix MarketCity Mumbai 1.11 Palladium Chennai 0.22 Phoenix United Lucknow 0.33 Phoenix United Bareilly 0.31 Phoenix Paragon Plaza Mumbai 0.18 MATURE RESIDENTIAL PORTFOLIO HOTEL PORTFOLIO MATURE OFFICE PORTFOLIO (3.72 MSF) (588 KEYS) (1.42 MSF) One Bangalore 2.20 Phoenix Paragon Plaza Mumbai 0.24 West Bengaluru The St. Regis Mumbai 395 The Centrium Mumbai 0.28 Kessaku 0.99 Art Guild House Mumbai 0.76 Chennai Courtyard by Marriot Agra 193 The Crest 0.53 Phoenix House Mumbai 0.14 5 Solid Foundation, Sustainable Growth Well balanced Robust retail business model Own, manage and develop iconic, large format, annuity rentals Over INR 58 bn in consumption in FY17, retail-led, integrated mixed use properties CAGR of 22% over FY13-17 Over 17.5 msft in operational Retail, Hospitality, Over INR 7.7 bn rentals in FY17, Commercial and Residential Assets in key gateway cities of India CAGR of 19% over FY13-17 Established track record of execution, timely delivery and quality of end Significant potential for retail rental upgrades Over 50% of leasable product area in both HSP and Phoenix MarketCity Chennai up for renewal in the next 3 years; HSP and PMC Chennai together accounted for 53% of FY17 rentals Residential, hotels, Future growth and commercial Residential portfolio of 4.13 mn sq ft focusing on pipeline Well positioned to grow retail portfolio to complement premium and luxury residential segment and 2x in the next five years retail Commercial portfolio of 0.98 mn sq ft complements retail Partnered with CPPIB to develop retail-led mixed-use business and adds to annuity income development in India Premium hotels (The St Regis, Mumbai and Courtyard by Marriott, Significant balance development potential in both existing projects and Agra) continue to experience robust occupancy and ARR growth new acquisitions to add complementary asset classes to existing retail developments and boost annuity income portfolio Pioneers of large scale retail-anchored mixed use development in India 6 Presence Across Key Gateway Cities in India PRESENCE ACROSS MAJOR CONSUMPTION CENTRES IN INDIA 7 Company Overview Investment Rationale Financial Results Annexure Well Positioned to Deliver Strong Shareholder Return Investment Rationale Strong Retail Complimentary Future Growth India Economic Financial Metrics Tailwinds Portfolio Asset Classes Outlook • Strong macro tailwinds • First Order Derivative of • Residential Portfolio has • Aim to double current retail • Consolidated Holdings present a bullish outlook India’s Consumption Story established its premium quality portfolio in next 5 years across Subsidiaries for urban consumption positioning and will provide strong during FY13-17 • PML’s evolution into a retail • Established a strategic free cash flows in coming years • Urbanization and higher powerhouse platform with CPPIB for retail- • Improving EBITDA, disposable income will • Commercial Portfolio complement led, mixed use developments lower interest expense • Long Term Sustainable sustain consumption retail malls and adds to annuity in India to improve cash flows Growth Delivered Through growth Income stream The Cycle • CPPIB to own 49% with an • Benign Interest Rate • Hospitality Portfolio acknowledged equity investment of approx. Outlook in India to boost • Revenue cycle of a mall as best in class in respective Rs. 16bn in multiple tranches consolidated PAT • Steady renewals to drive categories and set to witness • Purchased land parcel in Pune rental upgrades steady growth in Aug 2017 9 Investment Rationale Strong Macro Tailwinds Bode Well for Retail Sector Strong Macro Tailwinds Bode Well for Retail Sector India Consumption Growth rate Transition from unorganized to organized retail 10.0% 120.0% 9.0% 8.7% Organized Unorganized 8.0% 7.4% 100.0% 7.0% 6.8% 6.1% 80.0% 6.0% 5.3% 5.0% 60.0% 4.0% 76% 92% 3.0% 40.0% 2.0% 1.0% 20.0% 0.0% 24% 0.0% 8% 2012 2013 2014 2015 2016 2015 2020 Indian retail industry will register strong growth Consumption to grow substantially in future Fig in US$ bn 1,400 1,300 1,200 India consumption in real terms grew at average of 6.9% in the last 1,000 five years 800 600 600 534 518 490 Organized retail is expected to grow much faster than unorganized 368 424 400 retail, increasing the overall contribution of organized retail to 24% 200 0 2008 2010 2012 2013 2014 2015 2020e 11 Urbanization, Disposable Income to drive Consumption Increase in per capita disposable income in India … growing urban population Fig2,500 in US$ 2,208 2,027 2,000 35% 1,748 1,875 1,617 34% 1,505 1,601 32% 33% 1,500 31% 28% 1,000 500 0 2013 2014 2015 2016 2017e 2018e 2019e 2001 2010 2014 2015 2016 2017 … and high proportion of young population Consumption set to grow substantially in future Age Group Nearly 35% of the Indians are currently living in urban areas – this figure is expected to increase in the coming years. 0 to 9 20% above 65 5% Young population (c79% below 44 years) coupled with increasing 45 to 64 16% urbanization is leading to a rapid rise in the number of nuclear families. 25 to 44 29% 20 to 24 9% Over 70% of consumption growth in the next 15 years is expected to 10 to 19 21% come from working population aged 15-59 years and increased per capita consumption 12 Retail mall in India: Widening gap of demand and supply Mall additions in past three years at all-time lows… … while demand for new rental space will remain robust msf msf 15.0 13.8 15.0 10.7 10.0 10.0 7.6 6.5 6.9 6.2 5.7 5.1 4.1 4.2 4.3 4.5 4.0 5.0 3.6 5.0 3.3 2.7 1.3 1.6 0.0 0.0 -0.3 -5.0 -5.0 2009 2010 2011 2012 2013 2014 2015 2016 2009 2010 2011 2012 2013 2014 2015 2016 2017e 2018e 2019e There is dearth of quality mall space in India Gap between demand and supply is further expected to widen as the demand will outstrip supply by wide margin PML is well positioned to benefits from this favourable demand supply gap We are aiming to double our portfolio and have recently bought a new land parcel in West Pune in August 2017 Source: REIS JLL, CLSA 13 Key Highlights Consumption (Rs. bn) Rental Income (Rs. bn) FY13-17 57.8 FY13-17 54.0 CAGR – 22% CAGR – 16% 49.0 7.7 7.1 40.3 6.5 5.7 25.7 4.2 FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY17 FY13-17 Consolidated Revenue (Rs. bn) FY13-17 Consolidated EBITDA (Rs. bn) 17.8 18.2 CAGR – 36% 16.5 CAGR – 32% 8.5 7.6 7.9 14.5 6.8 4.7 2.6 FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY17 14 FY17 Key Financial Highlights Revenue of INR 18.2 bn EBITDA of INR 8.5bn PAT at INR 1.7bn, up 29% yoy FY13-17 CAGR of 40% FY13-17 CAGR of 34% Consumption of over INR 58 bn Retail rental income of INR 7.7 bn Rental EBITDA at INR 7.2 bn, up FY13-17 CAGR of 22% FY13-17 CAGR of 16% 10% yoy Avg. cost of debt at 10.2% for Interest coverage ratio* of Net debt to equity ratio at 1.58x Mar’17, further moved down 2.0x, up from 1.78x in FY16 to 9.3% in Sep’17 * ICR computed at EBITDA by Interest 15 Investment Rationale PML’s evolution into a retail powerhouse 16 PML’s evolution into a retail powerhouse 1999 - 2005 2006 - 2012 2013 - 2017 FUTURE Evolution of HSP from an Large, city-centric land parcels Focused on establishing Staggered renewals across entertainment and gaming acquired for creating Marketcity malls as market existing portfolio, new asset hub to a shopping and integrated, retail-led mixed use leaders in their respective cities addition to drive rental growth entertainment destination destination Operationalized asset classes of Aim to double retail portfolio Foundation stone for the In Phase I of development, residential, commercial and to 12 msft from the current 6 concept of creating urban operationalized Phoenix hospitality as complements to msft consumption hubs Marketcity malls in, Pune, existing retail developments Established strategic platform Bangalore, Mumbai and Progressively consolidated our with CPPIB for retail-led, mixed Chennai equity stakes across assets use developments in India First land purchased with CPPIB in Pune with developable area of c.1.6 msft for Rs.
Load more

Recommended publications
  • Antique Stock Broking Limited
    I N D I A R ES E A RC H R ESU LTS PR E V I E W 8 April 2011 4QFY11 Results Preview Straining for growth STRICTLY CONFIDENTIAL ANTIQUE STOCK BROKING LIMITED 8 APRIL 2011 4QFY11 RESULTS PREVIEW Results Overview Sectors Automobiles Cement Financials FMCG & Retail Industrials Information Technology Media Metals Oil & Gas Pharmaceuticals Real Estate Shipping & Logistics Sugar Utilities & Industrials Miscellaneous Results Preview Summary Valuation Guide ANTIQUE STOCK BROKING LIMITED FROM THE RESEARCH DESK 8 APRIL 2011 | 2 Results overview Straining for growth The financial year has drawn to an end and the numbers roll out begins and being the year end results, the earnings season is expected to be a bit longer than usual. The first three months of the calendar year have been akin to a roller coaster rise for the stock markets and the impending earnings are thus expected to have a huge bearing on its ensuing course. Expectations from the companies under our coverage (ex-financials) convey a YoY growth of 24% and a QoQ growth of 16%. The traction is one of the highest in recent times. If one excludes the metals sector, the growth is a bit better at 25% YoY and 17% QoQ, respectively, leading us to believe that the metals sector still ails from a degree of uncertainty and unpredictability. However, if instead of metals, one excludes the Oil & Gas sector, then these figures are 20% YoY and 14% on a QoQ basis, leading us to believe that oil and gas sector despite all the associated problems, is relatively better off than what it was a year ago.
    [Show full text]
  • High Street Phoenix and Palladium, Mumbai Touching the Hearts of Millions of Visitors
    MANAGEMENT’S DISCUSSION & ANALYSIS CONTINUED Our Retail Portfolio OPERATIONAL REVIEW High Street Phoenix and Palladium, Mumbai Touching the Hearts of Millions of Visitors The HSP Complex is one of the largest shopping destinations Key Brands in Mumbai and is India’s rst retail-led consumption centre Among categories, a key focus during FY2017 was on Kids, developed over a sprawling 3.3 million sq. ft. It is well established Accessories, Women’s Fashion, Footwear and Watches. We also as one of the most premium malls due to the presence of focussed on creating space for international brands to mark their high-end national and international brands, urban appeal and a entry, particular in the western region of India. The year witnessed stylish neighbourhood. The mall recorded an aggregate business some major brands being launched at the mall including consumption of ` 16,264 million, higher by 5% as compared to Hunkemoller, Coach, Johnston and Murphy, H&M, Muji, True Blue, ` 15,438 million during FY2016. It recorded a rental income of Papabubble, Rado, Scotch & Soda and Jamie’s Pizzeria. During ` 2,837 million during the year and a trading density of ` 2,894 the year, we also undertook renovation at the Palladium, Grand psf per month. Galleria and Sky Zone sections. Operational Metrics Outlook for FY2018 Brand positioning, footfalls, quality of stores and their Major consumption triggers during the next nancial year will performance is what makes the Complex command a premium. be the addition of fresh F&B outlets and a positive impact on All the new brands that made their foray into the mall during the consumption due to the implementation of GST.
    [Show full text]
  • Atul Wallace Fortuna - Mazgaon, Mumbai the Twin Beauties Grace the Prime Location
    https://www.propertywala.com/atul-wallace-fortuna-mumbai Atul Wallace Fortuna - Mazgaon, Mumbai the twin beauties grace the prime location. Wallace Fortuna apartments spread over 3.5 acre of prime unexplore land in Mazgaon. Project ID: J119061661 Builder: Atul Projects India Ltd. Properties: Shops, Apartments / Flats Location: Wallace Fortuna,Opp.Fazlani L'academie,Behind J. J. Hospital,, Mazgaon, Mumbai (Maharashtra) Completion Date: May, 2011 Status: Started Description About Builder Atul Projects India Ltd. (APIL) is a concern formed under the flagship of 'Atul Group'. The group entered the real estate market in 1960 under the guidance of Mr. Nathalal B Delvadia. Since then the company has managed to create a 'niche' for itself in the fast growing real estate industry. The company, with the backing of its concrete team of architects, designers and consultant has continued its journey of success with the constant endeavor to satisfy customers with meticulous planning, detailed designing and timely completion along with unmatched quality. Wallace Fortuna plays host to twin towers Opus and Aurus, Housing plush apartments, the twin beauties grace the prime South Mumbai skyline with an irresistible charisma. 3.5 Acre of prime unexplore land in Mazgaon, Sprawling Palatial Apartments, 80% of Land allocated for recreational area & facilities. Location wise it cannot get any better with access to Central and Harbour areas and close proximity to an array of arterial roads and access points. Add to that the world class schools, medical facilities and malls scattered nearby, and you are in Utopia. Ultra Luxirious Flats 2, 2 ½ , 3, 4 BHK homes as well as duplexes.
    [Show full text]
  • Contents ARROW OUTLETS
    1 Contents ARROW OUTLETS .................................................................................................................................. 2 BATA OUTLET ........................................................................................................................................ 9 BENETTON OUTLET ............................................................................................................................. 61 BODY SHOP STORES ............................................................................................................................ 77 BOMBAY STORES ................................................................................................................................. 83 BOTTEGA VENETA OUTLETS ................................................................................................................ 83 CAFE COFFEE DAY ............................................................................................................................... 84 CANALI OUTLETS ............................................................................................................................... 130 COX & KING ....................................................................................................................................... 130 CROMA OUTLETS .............................................................................................................................. 140 EMPORIO ARMANI OUTLETS ............................................................................................................
    [Show full text]
  • State City Store Front Name Address 1 Address 2 Address 3 MAHARASHTRA MUMBAI Imagine 001-002, KOTIA NIRMAN, NEXT to MERCEDEZ
    State City Store Front Name Address 1 Address 2 Address 3 NEXT TO MERCEDEZ BENZ MAHARASHTRA MUMBAI iMagine 001-002, KOTIA NIRMAN, SHOWROOM NEW LINK ROAD, ANDHERI WEST, MAHARASHTRA MUMBAI iStore by Reliance Digital SHOP NO G 37, GF,R CITY CENTER MALL, LBS MARG, GHATKOPAR (W), KARNATAKA BENGALURU iStore by Reliance Digital 46TH CROSS, 11TH MAIN, 5TH BLOCK, JAYANAGAR KARNATAKA BENGALURU IMAGINE @ U.B.CITY LEVEL 2 THE COLLECTION U.B. CITY, VITTAL MALLYA ROAD KARNATAKA BENGALURU IMAGINE @ FORUM MALL #210, SECOND FLOOR THE FORUM MALL 21 HOSUR ROAD MAHARASHTRA MUMBAI iMagine F-58,LEVEL 1, INORBIT MALL LINK ROAD, MALAD (W) KARNATAKA BENGALURU iStore by Reliance Digital #87, ALMAS CENTER MG ROAD ANDHRA PRADESH HYDERABAD iStore by Reliance Digital SHOP # 1, GROUND FLOOR ASHOKA METROPOLITAN MALL ROAD NO 1, BANJARA HILLS GUJARAT AHMEDABAD iMagine 104,HIMALAYA MALL, NEAR GURUKUL DRIVE-IN ROAD TAMIL NADU CHENNAI IMAGINE @ AMPA SKYWALK SHOP NO. 101A, FIRST FLOOR AMPA SKYWALK NO. 1, NELSON MANICKAM ROAD, MGF METROPOLITAN MALL HARYANA GURGAON iMagine 36-37,II FLOOR, ,M.G.ROAD MAHARASHTRA PUNE iStore by Reliance Digital SHOP NO G 3, UPPER GROUND FLOOR, MILLENNIUM PLAZA,FC ROAD, MAHARASHTRA MUMBAI iStore by Reliance Digital SHOP NO S 12B, SECOND FLOOR, HIGH STREET PHOENIX, SHOP NO UG 2,UPPER GROUND NEAR CADBURY COMPOUND,OFF MAHARASHTRA THANE iStore by Reliance Digital FLOOR,KORUM MALL, EASTERN EXPRESS HIGHWAY, LINKING ROAD,T P S III, BANDRA MAHARASHTRA MUMBAI Maple SHOP NO. SB0102 & C2,PLOT NO. 284, KAMAL APT,( BELOW C.C.D.), WEST IWORLD BUSINESS SOLUTIONS PVT NEW DELHI NEW DELHI LTD UB-2 BUNGLOW ROAD, KAMLA NAGAR IWORLD BUSINESS SOLUTIONS PVT NEW DELHI NEW DELHI LTD SHOP NO.
    [Show full text]
  • Charge of the Ev Brigade Pg.59 Price ` 250
    CHARGE OF THE EV BRIGADE PG.59 PRICE ` 250. FEBRUARY 16, 2018 (Clockwise from top) ADITYA SHARMA (Partner, McKinsey & Company); NUPURA KIRLOSKAR (Co-founder, BleeTech) GAURAV MUNJAL (Co-founder, Unacademy); SUHANI PAREKH (Founder, Creative Director, Misho ) MITHILA PALKAR (Actor) MANOJ MEENA (Co-founder, Atomberg Technologies) THEY’rE MAKING THEIR OWN RULES, AND THEIR OWN BUSINESS MODELS. 0 AND THEY’RE 3 DETERMINED UNDER 3 TO MAKE A 0 DIFFERENCE www.forbesindia.com ROAD TO ELECTRIC CONGLOMERATES & EV INFRA Having charging points at the right locations and informing the public about the same is essential to make India EV-ready PAVING THE WAY Many conglomerates are dipping into their resources and technical expertise to build supporting infrastructure like charging stations, which will ensure electric vehicles have a smooth ride on Indian roads By RUCHIKA SHAH ithout supporting (SMEV), there are about 4.15 lakh years, have now assumed the infrastructure, an electric two-wheelers, 18 lakh mantle of making India EV-ready. electric vehicle electric three-wheelers, 6,100 Tata Power, Tata Power Delhi (EV) is just a electric four-wheelers and 21 electric Distribution Limited (TPDDL)—a showpiece— buses plying on Indian roads. joint venture between Tata Power Wan innovation sitting pretty in The public charging infrastructure, and the Delhi government, where a garage. Even as governments which alone will ensure they stay the former owns 51 percent—NTPC push to replace polluting internal on the road, is, however, negligible. Limited, JSW Energy,
    [Show full text]
  • Promoters of Big Apple
    SUMMER TRAINING PROJECT REPORT ON “ANALYSIS OF RETAIL ESTATE DEVELOPMENT IN CONTEXT TO BIG APPLE REAL ESTATE PVT LTD” SUBMIT REQUIREMENTS FOR THE MASTER’S DEGREE IN INTERNATIONAL BUSINESS OF H.N.B. GARHWAL UNIVERSITY, SRINAGAR SUBMITTED TO: INTERNAL GUIDE EXTERNAL GUIDE MS PARVI BHARTI MR ABHISHEK LECTURER MANAGEMENT TRAINEE IMS BIG APPLE REALESTATE DEHRADUN LUCKNOW SUBMITTED BY: MOHIT SINGH ( MIB 0914) INSTITUTE OF MANAGEMENT STUDIES- DEHRADUN BATCH 2009-2011 1 2 ACKNOWLEDGMENT Before I go into the details of my study, it will not be fair on my part if I fail to acknowledge the helping hand considerably supported me for summer project. I express my profound sense of gratitude to SANJAY BANERJEE, GM of Big Apple for giving encouragement in taking up the project. A special mention of Mr. Abhishek (Finance Manager) and Mr. Sumit Jalota (Marketing Manager), Big Apple, for their valuable guidance throughout the training. It would be my privilege to thank the whole team of Big Apple, Luknow, for being cooperative and extremely helpful through out the tenure of the internship. It would be my pleasure to grant the sincere word of gratitude to my teacher and internal guide Ms. Parvi bharti guiding me all through the 1st and 2nd semester of my M.I.B. in IMS without whom this project would not have been a success. At last but not the least, I express my indebtness to my parents, friends and other trainees who provided me support throughout this project. They have been a perennial source of inspiration for me. MOHIT SINGH MIB- 2nd Sem IMS Dehradun 3 CERTIFICATE I have the pleasure in certifying that Mr./Ms.
    [Show full text]
  • NOTICE LIST of UNCLEARED/UNCLAIMED IMPORT CARGO LANDED UPTO 31St Dec 2013 to BE PUT in FORTH-COMING E-AUCTION on 18/03/16
    MUMBAI INTERNATIONAL AIRPORT PVT. LTD. CARGO TERMINAL, CSI AIRPORT, MUMBAI 400099 DATE :- 02/03/2016 NOTICE LIST OF UNCLEARED/UNCLAIMED IMPORT CARGO LANDED UPTO 31st Dec 2013 TO BE PUT IN FORTH-COMING E-AUCTION ON 18/03/16. ALL IMPORTERS / CHA CONCERNED INCLUDING GOVT. DEPTTS. / ALL CENTRAL PSU / STATE PSU, ETC. ARE REQUESTED TO CLEAR IMPORT CARGO THROUGH CUSTOMS IMMEDIATELY WITHIN 15 DAYS OF THIS NOTICE; ELSE IT WILL BE AUCTIONED SUBJECT TO CUSTOM APPROVAL. THIS NOTICE IS BEING ISSUED UNDER SECTION 48 OF CUSTOMS ACT 1962 FOR INFORMATION AND NECESSARY ACTION OF ALL CONCERNED. THE LIST OF UNCLEARED / UNCLAIMED IMPORT CARGO IS AS FOLLOWS:- IGMNO FLIGHTNO FLIGHTDATE MAWBNO HAWBNO PKGS GRWT CONSIGNEEADDRESS Sr.no COMMODITY 1 475400 BA199 21/08/2013 12570890956 24059917 1 1.3 METAL SCHAEFFLERBRASILLTD AND SCRAP 2 466394 9W306 31/07/2013 02363310995 796325177365 1 0.1 CGI RUCHIOMER PLOT NO. 22, SEEPZ, ELECTRONIC ANDHERI (EAST), S MUMBAI - 400 096. 3 459027 QR200 15/07/2013 15776069965 1 0.5 SANDEEP METAL CRAFTPVTLTD D-15 AND D-16 MIDC INDUSTRIAL AREA, MISC NAGPUR- 440 028. ITEMS 4 452823 9W332 01/07/2013 02363026600 800884214190 1 5.5 TYCO SAFETY PRODUCTS LTD C/O SCHENKER LIMITED BLDG. NO.124, PLOT NO.7,8,9 & 10, MANKOLI NAKA, BHIWANDI – 421 302,THANE MACHINA RY PARTS 5 450955 EK0500 26/06/2013 17651020535 H8612651544 1 4.9 PRAXAIR PLANT 914 EAST CHICAGO, 4400 KENNEDY AVENUE, MACHINA BHOPAL-463120. RY PARTS 6 450806 MH194 26/06/2013 23256195720 111170 1 95 VIDEOWALL INDIA Pvt. LTD C-4, GROUND FLOOR, VILLAGE DEVDAL S NO.14 HN O2,VASAI MACHINERY THANE -401 202 PARTS Page 1 of 33 7 449578 LH756 24/06/2013 02055725073 81129200 1 1 WIPRO LIMITED SHRIRAM VALUES TOWER, 614, TOWER-8,ITC PARK, CBD BELAPUR , NAVI MUMBAI .
    [Show full text]
  • High Street Phoenix, the First Consumption Centre Developed In
    High Street Phoenix, the first consumption centre developed in India, covers 3.15 million square feet of space and houses retail, entertainment, commercial and residential complexes. Today High Street Phoenix boasts the reputation of being the flagship for fledgling shopping and entertainment hubs across the country. The Phoenix Mills Limited successfully converted a defunct, disintegrating textile mill into the highly productive High Street Phoenix, now regarded as Mumbai's premier lifestyle destination. High Street Phoenix has become a model for the rest of the country in terms of retail led development centers. From haute couture at Quorum to monthly household shopping at Big Bazaar, SF Jeans and Lifestyle, High Street Phoenix boasts of a completely congenial environment. There's something here for everyone. The predominantly retail-led High Street Phoenix soon joined forces with Galaxy Entertainment and The Bowling Co., Mumbai's largest bowling alley and gaming arcade, to add the crucial element of entertainment to the burgeoning complex. The latest attraction is an 8-screen PVR cinema multiplex. Food and beverages are available in the form of fine dining restaurants like 'Monza' and 'Lemon Grass Café offset by 'chaat' stalls. Bars like 'The Sports Bar' and 'Brew Bar' and discotheques like „Ra' and 'Aaziano' are popular nightspots within the complex. Company History - Phoenix MillsPrint YEAR EVENTS 1905 - The Company was Incorporated at Mumbai. - The Company's object is to manufacture cotton textile goods. The products manufactured include bed-tickings, drills, coatings, leno-shirtings, mercerised and bleached dhoties, bleached and mercerised and printed voiles, chintz, handkerchief, surgical cotton wool and absorbent lint, bleached and dyed chaddars.
    [Show full text]
  • Revitalizing Mumbai Textile Mill Lands for the City Vinay Surve University of Massachusetts Amherst
    University of Massachusetts Amherst ScholarWorks@UMass Amherst Masters Theses 1911 - February 2014 2011 Revitalizing Mumbai Textile Mill Lands for the City Vinay Surve University of Massachusetts Amherst Follow this and additional works at: https://scholarworks.umass.edu/theses Part of the Architectural Engineering Commons, Interior Architecture Commons, Landscape Architecture Commons, and the Urban, Community and Regional Planning Commons Surve, Vinay, "Revitalizing Mumbai Textile Mill Lands for the City" (2011). Masters Theses 1911 - February 2014. 722. Retrieved from https://scholarworks.umass.edu/theses/722 This thesis is brought to you for free and open access by ScholarWorks@UMass Amherst. It has been accepted for inclusion in Masters Theses 1911 - February 2014 by an authorized administrator of ScholarWorks@UMass Amherst. For more information, please contact [email protected]. Revitalizing Mumbai textile mill lands for the city A Dissertation Presented by VINAY ARUN SURVE Submitted to the Graduate School of the University of Massachusetts Amherst in partial fulfillment of the requirements for the degree of MASTER OF ARCHITECTURE September 2011 Architecture + Design Program Department of Art, Architecture and Art History Revitalizing Mumbai textile mill lands for the city A Dissertation Presented by VINAY ARUN SURVE Approved as to style and content by: _______________________________________ Kathleen Lugosch, Chair _______________________________________ Max Page, Member _______________________________________ Alexander C. Schreyer, Member ____________________________________ William T. Oedel, Chair, Department of Art, Architecture and Art History DEDICATION For my beloved Aai (mother), Bhau (Father), Manish (Brother), Tejas (Brother), Bhakti (Sister in law), and Tunnu (Nephew). And Professor David Dillon ACKNOWLEDGMENTS I would like to start by thanking the institution, UMASS Amherst for providing every support system in achieving this milestone.
    [Show full text]
  • AT a GLANCE Listed on Bombay Stock Exchange Limited (Code: 503100) and National Stock Exchange of India Limited (Code: PHOENIXLTD)
    BACK COVER Spine to Adujsted by the Printer COVER Spine to Adujsted by the Printer GATE FOLD India’s Premier Retail-Led Assets Company > Retail > Commercial > Hospitality > Entertainment > Residential AT A GLANCE Listed on Bombay Stock Exchange Limited (Code: 503100) and National Stock Exchange of India Limited (Code: PHOENIXLTD) 500+ Employees Presence in 15 Cities* Over 100 Acres in Total Land Assets Over ` 50 billion in building assets OPERATIONAL 10 Malls in 8 cities* 2 Commercial Centres in 2 Cities Over 5.0 million sq. ft. in Retail, Entertainment, Commercial, Parking & Residential Assets PLANNED (next 3 years) ALL ROADS 6 Shopping Malls in development* 2 Commercial Centres in development Developed by dickenson www.dickensonworld.com dickenson by Developed LEAD TO A 4 Residential Projects under development 2 Hospitality Properties in development ALL ROADS PHOENIX MARKETCITY LEAD TO A 5.8 million sq. ft. in Retail Assets* PHOENIX MARKETCITY ANNUAL REPORT 2010-112011-12 1.5 million sq. ft. in Commercial Assets ANNUAL REPORT 2011-12 12.6 million sq. ft. in Residential Assets* * includes PML Group (PML & its subsidiaries and associate companies) and its investee companies (BARE & EWDL) Disclaimer: chargeable areas are based on existing real estate regulations, approvals Certain sections in this Annual Report refl ect the management’s current views, existing, approvals expected, allowances and current development plans. expectations and knowledge of its business. Certain information provided and Changes in real estate regulations and market conditions in future may result statements made herein are based on assumptions and/or may be forward in variances from the fi nancial projections and/or the estimated project areas, looking in nature, involving risks and uncertainties like regulatory changes, local, which are beyond the control of the Company.
    [Show full text]
  • Mumbai Retail Guide
    MUMBAI Cushman & Wakefield Global Cities Retail Guide Cushman & Wakefield | Mumbai | 2019 0 Mumbai serves as the financial capital of India and accounts for the highest GDP contribution in the country, currently standing at approximately 6.61%. Mumbai is the second most populated city in the country with a population of approximately 22 million. Mumbai’s retail market is characterised by smaller disorganised retailers or corner shops retailing various commodities ranging from food to clothes and other household items, as is the case across most cities and towns in India. Rapid economic growth and changing consumer preferences have transformed Mumbai’s retail market, with organised retail increasingly playing a much larger part. Over the years, several large organised developments have sprung up across the city, ranging from mass to premium and luxury. Several local and international luxury brands have opened stores in Mumbai and many consider the city a launch pad for their brand. The presence of Bollywood, one of the world’s leading movie industries, has fuelled the growth of organised retail in Mumbai, with many stars endorsing both local and global brands alike. Brands such as H&M, GAP, Sephora, Scotch & Soda, Muji, Massimo Dutti, Jo Malone, Longchamp, American Eagle, Armani Exchange, Hackett, Onitsuka Tiger, Hamley's, Simon Carter, Du Rhône Chocolatier, Bath & Body Works, Franck Muller, Hublot have all entered the Mumbai retail market. New entrants tend to open stores in malls first, within prominent retail developments, then subsequently establish a footprint on major streets. Luxury labels benefit from high-net-worth individuals (HNI) in Mumbai, many of whom travel abroad frequently and have high disposable incomes.
    [Show full text]