MUMBAI PRIDE Feasibility report

Get Instant Credibility
from MUKTISTAR, Marketing

 With MUKTISTAR. You will find that you can get a flood of new prospects and customers coming in on a
daily basis(VVIP/VIP/CIP/Celebrities and many more). Most of this based on the relationship that JV /
MUKTISTAR partner has with their list. So JV can see the importance of building relationships with the
people in your niche. It’s very easy to do.

 The larger the list, the more revenue, the more profits you will make quickly in with MUKTISTAR and JV.
And the same holds true if you had the product and services. No matter the case, We are confident that
we can make money relatively quickly if you started a JV deal with us in our niche.

 You will want to take this advise and use them to earn the kind of yield in our business what JV and
MUKTISTAR are looking for.

© MUKTISTAR - MUMBAI PRIDE - FEASIBILITY REPORT 96

it’s our investments
that makes you lighter

PROFIT is not something to ADD on at the end,
it s something to plan for the BEGINNING

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The Key Features of a
Joint Venture are: MUKTISTAR/JV

We understand the different aspects of a joint venture, let’s examine the advantages.
What we include ?

Access to more resources:
This will give full advantages to JV, We are essentially pooling all our resources with another, giving you
the ability to tap into a larger amount of capital and additional resources.

Access to new technology:
In this term the entire Model and Mechanism will be in put by MUKTISTAR, to enhance our technology to
next level and value added to JV.

Our co-venture may have access to or be more familiar with the
latest technology to our Constructions. By partnering with us,
you are now able to take advantage of this new technology
without having to make the investment yourself

Access to new markets:
MUKTISTAR has a partner in a different national or international market (or who targets a different
demographic than you, such as Over seas tie up and associates and many more), this can open up brand
new revenue streams and customers to you that you wouldn’t have had easy access to before. Also, by
partnering with MUKTISTAR established business member of this new market, you can call upon their
local or demographic-specific knowledge.

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Revenue Model

Looking into the Future,
We See Beyond Constructions….

The theme for this section is orange, fresh as its colour, fresh as the ideas we 100
believe. A combination of its unique taste, blending the sweetness of profits
and tanginess of challenges we accept in our work.

© MuktiStar - MUMBAI PRIDE - FEASIBILITY REPORT

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Market Potential

 The Mumbai / Charkop area is booming at
this moment, overall business growth during the
past seven years has averaged approximately
20% and is expected to continue for at least the
next four years. This makes for a very attractive
market for Muktistar Constructions.

 We will be concentrating on the customers
that will provide us with the greatest margin, in
other words those clients desiring office
building construction. This is the fastest
growing segments of commercial clients
requiring our services. The other categories that
we will serve include the commercial segment,
the special facilities segment, and all other
potential commercial clients.

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Feasibility of Estimated
Revenue Model

The Application of Revenue Recognition Model in
MuktiStar Constructions Pvt. Ltd.

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Executive Summary

 The company has successfully operated in Mumbai area for the past more than one decade working
on both small and large scale construction and proposed Smart City project.

 Focusing on residential constructions and commercial. With the business boom that is occurring in
our local area and the desire to improve overall profit margins, the company is planning to shift its
target market from residential clients to the larger commercial customers. This business plan will
lay out our goals and tasks to make this transition successful  and create enough market share
to succeed in this highly competitive market.

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Revenue &
Profit Method

Financial Considerations

 MuktiStar is productively and profitably
operating its business.

 We expect to see increased profits from our
market shift efforts by the end of Year 2.

 Over the next three years we expect lower to
high profits as we make inroads into this
tough market. We estimate that we will be
able to reduce marginal costs and increase
overall profitability byY  ear3  o  rY  ear 4  as we
grow and take advantages of economies of
scale.

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Estimated 5 years Sales Projection

Estimated Overall Sale Area
with 40% loading in SQFT.........................29,063,300.00

Units for Sale.............................................21,017

Average Sale Area with 40%
loading in SQFT Forecast Per Annum...........5,812,660.00

Total Number of Units
for Sale per annum......................................4,203.40

SR. Estimated Sales Assumptions & Profit Projections USD USD
A) Year 1 Million Billion
Escalation
Estimated Base Sale Price P.A. on Estimated Revenue Estimated Revenue

Sale in INR / SQFT Base Sale From Sale in INR From Sale in USD
Price

5,812,660 15,000.00 N/A `87,189,900,000.00 $ 1,341,383,076.92 1,341.38 1.34

B) Year 2 5,812,660 17,250.00 15% `100,268,385,000.00 $ 1,542,590,538.46 1,542.59 1.54

C) Year 3 5,812,660 19,500.00 30% `113,346,870,000.00 $ 1,743,798,000.00 1,743.80 1.74

D) Year 4 5,812,660 21,750.00 45% `126,425,355,000.00 $ 1,945,005,461.54 1,945.01 1.95

E) Year 5 5,812,660 24,000.00 60% `139,503,840,000.00 $ 2,146,212,923.08 2,146.21 2.15

F) Estimated Recovery From Sales in INR `566,734,350,000.00 $ 8,718,990,000.00 8,718.99 8.72

G) Estimated Project Cost `321,480,852,084.00 $ 4,945,859,262.83 4,945.86 4.95

H) Estimated Profit From Project [ F - G=H] ` $ 3,773,130,737.17 3,773.13 3.77
J) Estimated Profit % 76.16%

107 Exchange rate 65 INR to USD [Dated 10/30/2015]

Estimated Sales Projection

$ 2.50 $ 1.74 $ 1.95 $ 2.15
$ 2.00
Amt. in USD Billions $ 1.50 $ 1.54 YEAR YEAR
$ 1.00
$ 0.50 $ 1.34 4 5

0

YEAR YEAR YEAR

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Estimated revenue from Sales in USD Billion Linear Assumed Market Fluctuations

Estimated Project Profit Projection

24%

Estimated Investment

76% 108

Estimated Profit

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Sale tower
Description

Exceptional Facilities :

The highest Quality and Amenities

 A development of the finest quality. A hugely desirable location in an area home to some of Smart
City’s highest return. Our Salable Tower is a mix of spacious Luxury, Duplex & Penta house
apartments, finished to the highest standards.

 Residents can enjoy a private swimming pool with views over, a fully equipped gym, and retail & dining
services on the podium level, a tropical botanical garden to escape the noise and crowds of the city.

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SALE TOWER DETAILS

Number of Towers 5 Sale Tower
Forecast
Number of Floors 100+ Assumptions

Number of Flats 21017
Type of Flats
Luxury/Duplex/
Pent house

BREAKDOWN OF FLATS

Type of Flats Number of Flats Built up Area/ Flat Built up Area/ Flat

1 BHK In SQFT In SQMT
2 BHK
3 BHK 9,000 500 46.45
Pent House
6,000 800 74.32

4800 1500 139.35

1217 3500 325.15

ESTIMATED PRICE RANGE - SQ FT. ESTIMATED REVENUE ASSUMPTIONS

Launch Sale Price Escalation p.a.
`15,000 to 35,000/- 15%

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The proposed project is on JV financed.
All finding's management by JV & MUKTISTAR. Management
program funds and the costs assessed to the benefitting
parcels in accordance with current proposed project.

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Financial Summary

The estimated OpEx requirement for 7 years is US$ 4.95 billion. The estimated
revenue to be generated from the project is US$ 8.71 billion.

While requiring estimated US $ 40 million in total at risk capital contributions to
sustain pre-construction development that represent an average cash on cash return
of estimated 14.30% p.a for the assumed 7 year holding period.

In view of feasibility report management look for longer term, the total estimated
revenue generated is sufficient to fund the OpEx requirement in future to make the
initiatives self-sustainable and financially viable.

Recommendation

Post feasibility study, recommendation is to implement all eleven initiatives
considering the consolidated financial feasibility and JV benefits.

Details of each recommendation is placed under Cloud Computing Turns CapEx
into OpEx section of this report.

Project Financial Snapshot

Estimated Project Cost: Estimated Construction Cost:
USD $ 4.95 Billion USD $ 3.28 Billion

Required Working Capital
for Clearing Pre- Construction

Stage: USD $ 40 Million

Salable Area in SQFT : Estimated Profit from Project:
29063300 SQFT USD $ 3.77 Billion

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