Future Prospects of
REAL ESTATE IN INDIA
Due to rapid Urbanization, demographic shift, Expanding middle class and increase in
disposable income, there is going to be a higher demand for quality housing, Residential
property and retail malls.
Increasing demand for IT/ITES will lead to increase in demand for outright and rental commercial
space and ready to move in properties.
India is about to go for an infrastructure makeover which will surely boost real estate market.
The GDP is expected to grow 6.5% this year and is expected to cross 10% in the future.
100% FDI allowed real estate development sector.
With predictions of an increase in job creation in 2015 due to the manufacturing , services, and
IT/ITES sector, there will be a rise in demand of houses as well.
Approximately 60 million housing units in rural and urban areas under Housing for All by 2022.
© MUKTISTAR - MUMBAI PRIDE - FEASIBILITY REPORT 46
that what we thought
smart city needs
smart planning
47
INVESTMENT SECTOR
OF INDIA
The Indian real estate sector has witnessed high growth in recent times
with the rise in demand for office as well as residential spaces.
According to data released by Department of Industrial Policy and
Promotion (DIPP), the construction development sector in India has
received foreign direct investment (FDI) equity inflows to the tune of US$
24,012.87 million in the period April 2000-December 2014.
Some of the major investments in this sector are as follows:
Google Capital has invested in Bengaluru-based online property
search platform, CommonFloor.com.
The Qatar Prince, Hamad bin Khalifa Al Thani, plans to invest Rs 1,000
billion (US$ 16.17 billion) over the next five years in at least 10 smart cities
of India. He has already tied up with a Delhi-based businessman for
taking the investment forward through projects in real estate, sea ports
and airports, besides smart cities.
Goldman Sachs Group bought shares worth Rs 255 crore (US$ 41.23
million) in Vatika Hotels Pvt Ltd, a company owned by real estate and
hospitality firm Vatika Group.
SoftBank Internet and Media Inc will invest, along with Falcon Edge
Capital and others, US$ 90 million in Locon Solutions Pvt Ltd, which runs
Housing.com - a realty website. The SoftBank Group will become the
largest investor in Housing.com after this round of funding.
Real estate firm Supertech has planned to invest about Rs 2,000 crore
(US$ 323.49 million) in Gurgaon over the next few years by launching
several luxury and affordable projects.
© MUKTISTAR - MUMBAI PRIDE - FEASIBILITY REPORT 48
Mumbai features among the list of
top 5 global cites
in terms of future rental growth
49
PRIME OFFICE RENTAL YEILDS
(END OF 2015 ESTIMATE)
12.00%
10.00%
8.00%
6.00%
4.00%
2.00%
0.00%
Forecast for Office Rental Growth
for the period between end of 2015 to end of 2018
25.00%
22.20%
21.30%
20.20%
20.00%
15.00% 15.80% 15.80%
10.00%
13.60%
5.00% 12.50% 12.00%
0.00%
9.80% 9.30%
8.50%
7.70%
6.10% 5.80% 5.30% 5.00%
3.50%
1.50% 1.80%
-5.00% -3.00%
Source: Knight Frank, Newmark Grubb Knight Frank, Sumitomo Mitsui Trust Research Institute 50
© MUKTISTAR - MUMBAI PRIDE - FEASIBILITY REPORT
Advantages of World's
INVESTING in INDIA largest
democracy
with 1.2 billion
people.
Stable political
environment and responsive
administrative set up.
Well established judiciary to enforce
rule of law.
Land of abundant natural resources and diverse
climatic conditions.
India's Investor friendly policies and incentive based schemes.
economy will grow
fivefold in the next 20
years (McKinsey).
Cost competitiveness; low labor costs.
Total labor force of nearly 530 million. Progressive
simplification and
Large pool of skilled manpower; strong knowledge base rationalization of direct
with significant English speaking population. and indirect tax structures.
Young country with a median age of 30 years Reduction in import tariffs.
by 2025: India's economy will benefit
from this "demographic dividend". Full current account convertibility.
Huge untapped market India is member of WTO.
potential.
Robust banking and financial institutions.
India's growth will start to outpace China's
within three to five years and hence will
become the fastest large economy
with 9-10 per cent growth over
the next 20-25 years
(Morgan Stanley).
51
Growth of
Tourism and Hospitality in India
Tourism in India accounts for 6.8 per cent of the GDP and is the third largest
foreign exchange earner for the country.
The tourism and hospitality sector’s direct contribution to GDP totaled US$
44.2 billion in 2015
Over 2006–15, direct contribution is expected to register a CAGR of 10.5 per
cent
The direct contribution of travel and tourism to GDP is expected to grow 7.2 per
cent per annum to US$ 88.6 billion (2.5 per cent of GDP) by 2025
Increase in foreign arrivals
Over 7.757 million foreign tourist arrivals were reported in 2015
Foreign tourist arrivals increased at a CAGR of 7.1 per cent during 2005-15
By 2025, foreign tourist arrivals are expected to increase to 15.3 million,
according to the World Tourism Organization
© MUKTISTAR - MUMBAI PRIDE - FEASIBILITY REPORT Source:
World Travel & Tourism
Council s Economic
Impact 2015. TechSci Research
52
RAL 58% Rural & Urban Economy RBAN 42%
RU U
Housing and The Economy
In India majority of the
population lives in rural or
semi-urban (Suburb) areas.
Most of the developers are interested
in building high-end houses in cities &
urban areas but the real market which
lies in the semi-urban or rural areas is
still untapped.
53
© MUKTISTAR - MUMBAI PRIDE - FEASIBILITY REPORT 54
Indicates One of the most prime location in
western suburbs in Mumbai with excellent
connectivity to the rest of Mumbai
KANDIVALI
WEST
55
Western Suburbs 56
Micro market overview
Developed residential and commercial
area
Comprises of middle to upper middle
income strata of the traditional resident
population
Witnessing large integrated
developments on account of ease in
availability of land and changing
perception of this region as an attractive
destination
Affordable real estate costs,
infrastructure initiatives have led to the
emergence of this region
Many new residential & commercial
Indicates One of the prime location
of western suburb,
Kandivali (west)
© MUKTISTAR - MUMBAI PRIDE - FEASIBILITY REPORT
Avg. Rate 12 Months Real Estate Market VALUE Change
SQFT In INR
16000 14484
14000 14500
12000
10000 14539
8000 14569
6000 14482
4000 14516
2000
0 14592
14625
14679
14724
14688
15271
10139
10177
10165
10168
10173
10215
10236
10232
10325
10363
10364
10802
Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15
Mumbai Average Western Suburb Source : Mumbai Property Exchange
overall business growth during the past seven years has averaged approximately 20% and is
expected to continue for at least the next four years.
57
Overall Locality Rating of Kandivali West
Basic Amenities 7.5
Score takes into consideration the availability of establishments such
as ATMs, Banks, Supermarkets, Convenience Stores, Departmental
Stores and Grocery Shops in the locality
Child Friendliness 5.7
Score takes into consideration the accessibility to establishments
such as Parks, Schools, Day Care Centers and Amusement Parks
in the locality
Entertainment & Shopping 5.7
Score takes into consideration the accessibility to establishments
such as Shopping Malls, Movie Theatres and Auditoriums in the
locality
Food & Drinks 6.5
Score takes into consideration the quality and number of
Restaurants Cafes, Bars and Pubs present in the locality
Healthcare 7.8
Score takes into consideration the quality and availability of
Healthcare facilities such as Hospitals, Pharmacies, Doctors
and Health Clinics in the locality
Property Rates / SQFT in INR (Kandivali West)
RESIDENTIAL OUTRIGHT/ SQFT..........................Rs.18,000/- to Rs.25,000/-
COMMERCIAL OUTRIGHT/ SQFT.........................Rs.20,000/- to Rs.57,000/-
COMMERCIAL LEASE / SQFT...............................Rs.28,000/- to Rs.58,000/-
RESIDENTIAL LEASE in INR (Kandivali West)
1 BHK - Rs.18,000/- to Rs.25,000/- | 2 BHK - Rs.20,000/- to Rs.57,000/-
3 BHK - Rs.28,000/- to Rs.58,000/- | 4 BHK - Rs.65,000/- to Rs.75,000/-
Property Price Trends in Charkop in Year 2014
16000 14695 14644 14706 14527
14000 11760 10829 12632
12000
10000
8000 Charkop
6000 Kandivali(west)
4000
2000
0
0 Apr-Jun 2014 Jul-Sept 2014 Oct-Dec 2014
Source : Mumbai Property Exchange (updated Nov-2015) and www.commonfloor.com 58
© MuktiStar - MUMBAI PRIDE - FEASIBILITY REPORT
India is becoming
consolidated into
one economic
identity Globally
Rebooting Indian Real Estate - A Survey by JLL - 2015
Source : A Survey by JLL - 2015
59
Source : A Survey by JLL - 2015
60
100 Smart Cities
• Launched within two months of assuming office.
• The concept: Create cities that can provide employment opportunities for a large number of residents. Cities can develop based on
core competence in specific economic areas and promote that aggressively. Also, develop adequate institutional, physical, social and
economic infrastructure to attract professionals and investors.
• Implementation strategy: Each state to identify qualifying cities for central funds based on a proposal. Once shortlisted, cities would
receive a grant of INR 100 crore (USD 16.4 million) per year for five years. The State Government’s contribution and resources from the
private sector will be garnered for additional funding. The government has a target to identify 20 cities by end-2015, 40 by 2016 and the
remaining 40 by 2017.
• Progress: Bloomberg Philanthropes, renowned globally as a smart city consultation agency, will help the Indian Government conduct the
Smart City Challenge (shortlisting). The Bureau of Indian Standards is already working on setting standards for smart cities. Smart Cities
Council India has been formed to promote the development of smart cities in the country. It is part of the US-based Smart Cities Council.
Substantially increased budget allocation from INR 7,000 crore (USD 1,148 million) to INR 48,000 crore (USD 7,869 million).
• Achievements: Expression of interest for participating in investments received from the European Union (union of 28 countries), Japan,
Germany, France, Qatar, Singapore, Australia and Sweden.
• Attractmore investments in real estate and infrastructure of India. REAL ESTATE CAPITAL
- Steps taken MARkETS
- Fast pace actions on Real Estate Investment Trust (REIT) (more details in the policy section below):
• Allowed REITs in India in its first budget - July 2014 (REIT was first introduced in 2008, but
not much action has taken place since then).
• Securities and Exchange Bureau of India (SEBI) released regulations in August 2014.
• Announced various modified regulations in Budget 2015, post incorporating feedback from
industry participants.
- Reintroduction of erstwhile successful infrastructure bonds to open up another channel of
funds for infrastructure financing.
- Allowing foreign funds to invest in Alternative Investment Funds for the first time.
- Expected impact:
- FDI inflows have fallen to a mere 3% from over 20% in 2008-09. These steps will increase
foreign participation in the real estate and infrastructure space in India.
• We believe the RETAIL market in India has the potential to reach USD 15 billion in the next three years.
JLL survey result JLL survey result
Multiple investment avenues High importance laid on
have opened-up making
realestate a significant 33% infrastructure projects & 14%
alternate investment option. Not yet infra-financing by the Modi No
Going forward, increase in Yes government has given 10% Yes
transparency will make real Cant Say Cant Say
estate investments more confidence that there will
67%
lucrative. be faster implementation.
Various international
tie-ups should result into 76%
wider participation.
Source : A Survey by JLL - 2015
61
OUTLOOK FOR THE INDIAN REAL ESTATE SECTOR
OFFICE MARKET OUTLOOK: 140 Office sector: demand forecast versus
120 demand potential
In the near- to medium-term, the outlook for Indian office real 100
estate appears bright, as demand is expected to strengthen to over 80 28
90 million sq ft between 2015 and 2017. Moreover, of the existing 60
supply, a portion is either not of the requisite quality or is located 40 93
in areas not preferred by large occupiers. Given the improvement 20 31 31 37 27 31 30
in the macroeconomic scenario, real estate transparency and 2010 2011 2012 2013 2014 2015-2017
financials, demand for office space is likely to improve. Expect 0
retrofitting of Grade B office buildings near primary business 2009
centres that could considerably pull occupier demand. A preliminary
analysis suggests it has the potential to add a further 25 million to
28 million sq ft in the next three to four years.
in million sq ft Actual / Forecast demand Potential demand
in million sq ftSource: JLL REIS
30 Retail sector: demand forecast versus RETAIL MARKET OUTLOOK:
25 demand potential
20 The lack of clarity on policies for retail in India and the
15 11 simultaneous strengthening of the e-commerce sector have had
10 an adverse effect on Indian retail real estate. In 2014, supply of
5 15 retail malls was at an all-time low, as developers cut new supply
11 in reaction to rising vacant space in existing malls. However,
4 4 552 with clarity emerging on a multi brand retail policy, expected
0 2010 2011 2012 2013 2014 2015-2017 implementation of GST and rising consumer confidence, the
retail sector is likely to witness a bounce back in the near future.
2009 With these, we expect absorption to reach 15 million sq ft in the
next three years. However, if the global multi brand retailers
Actual / Forecast demand Potential demand find execution in India viable and stick to their plans, absorption
could increase by another 11 million sq ft, resulting in a sharp
Source: JLL REIS turnaround for the retail sector.
RESIDENTIAL MARKET OUTLOOK:
The residential sector is currently going through a phase of realignment in terms
of current market prices and price expectations. The limited enthusiasm shown by
homebuyers in the past few years has led to price growth moderating sharply and
developers have reacted by launching more units in the mid-to-affordable range.
The ruling government has made affordable housing a priority and, therefore,
homebuyers are hopeful that there will be more options in the less expensive
categories. In Tier I and Tier II cities, developers are likely to continue to focus
on mid segment projects, mostly in the price category of INR 5,000 to INR 7,500
per sq ft. Simultaneously, launches in the premium category have been low in
recent times. Projects such as 100 Smart Cities could further bolster the supply of
affordable homes, helping bridge the divide between housing demand and supply
in India.
HOTELS AND HOSPITALITY MARKET OUTLOOK:
Typically, hotel performance, we have researched, is linked to GDP growth and
hence the sector performance is dependent on the buoyancy of the economy.
Since most global bodies forecasting economic trends seem to indicate that
the Indian economy will show an improved performance over the next two to
three years with a steady growth, we anticipate that the long cyclical downturn
in hospitality sector performance will cease and there will be a gradual upside.
However, while most markets are beginning to see better occupancies, the overall
sector will take some time to recover and we anticipate an improved performance
cycle starting in the next financial year, while the current year will show some
improvement over the previous year.
Source : A Survey by JLL - 2015
62
63
Why MuktiStar ?
We undertake to not only meet your expectations, but to exceed them.
This theme for this section is adapted from Pineapple, the thorny rough surface
illustrates the uncertainties about us, claiming to raise questions, where in Its
inside, a extremely juicy and sun-kissed delight colour, resolves this qualm,
concluding to the sweetness of prosperous relations.
© MuktiStar - MUMBAI PRIDE - FEASIBILITY REPORT 64
65
Objectives
We founded the Charkop Kandivali (West), Prabodhankar Thackeray Nagar Sector
1–7 MHADA area, as a Smart City concept. We offer all tenants standard of living with
comfort and convenience of transport regardless of class of living, with the common goal
of enhancing the living experience.
MuktiStar brings out very unique and creativity city into smart city brings together the
considerable experience of MuktiStar to design, manage and service to his tenants for
class of living. Our Company has an extraordinary depth of understanding in delivering
high precision experiences that surprise and differentiate. MuktiStar own identity to
enhance customer satisfaction in the constructions in a highly cost – effective manner.
Company has offers turnkey solutions, including Recruitment and Architecture training
of selected Buildings who are highly stylish individuals with a strong foundation of its
own.
However, at MuktiStar, we have invested heavily over the past few years and have
built a business capable of delivering nation-wide-class service.
Investing in our Mumbai Pride Projects is key to simulating loyalty and retaining
premium customers. Our focus is centered on the creation of award – wining, WCRC in
Singapore to help you achieve that mission. MuktiStar has handful of resources and
infrastructure.
We explore and help guide our customers, optimally fulfilling customers requirement
and ensuring our brand ethos influences all constructions elements along the way: We
create for both the company a win – win situation.
© MuktiStar - MUMBAI PRIDE - FEASIBILITY REPORT 66
Achievement
focusOur is centered on the
creationof award
Asia's Best Smart City Award - Singapore, 2015
67
WCRC Award
68
It is this
early realization
driventhat has our desire to
be recognized
69
What makes us
different
Quality & Workmanship
More than a decade now, our founder, Chairman
Jitendra Gaikwad realized that quality workmanship
would increasingly become the only differentiator
between construction companies. It is this early
realization that has driven our desire to be recognized
for the quality of our workmanship, Not the materials
we use, our expertise and advanced technology and
above all, our people. We undertake to not only meet
your expectations, but to exceed them. The concept
of "doing it right the first time" is integral to total
quality management. We are committed to achieve
these high standards and all employees at all levels
Endeavour to commit to, and take responsibility for,
achieving this goal.
© MuktiStar - MUMBAI PRIDE - FEASIBILITY REPORT 70
71
Activity 1
Value Architect
Value Engineering is a conscious and explicit set of disciplined
procedures designed to seek out optimum value for both initial and
long-term investment. First utilized in the construction and further on
for couple of years. Value architect is not a design/peer review or a
cost-cutting exercise. VA is a creative, organized effort, which
analyzes the requirements of a project for the purpose of achieving the
essential functions at the lowest total costs (capital, staffing, energy,
maintenance, etc..) over the life of the project.
Through a group investigation, using experienced, multi-disciplinary
teams, value and economy are improved through the study of
alternate design concepts, materials, and methods without
compromising the functional and value objectives of MuktiStar.
© MuktiStar - MUMBAI PRIDE - FEASIBILITY REPORT 72
Value Chain
Value chain management creating steps:
The process of organizing the connected group of activities that create constructing from
basic raw materials to building. The basic objectives of employing value chain management
in a business is to integrate communication and increase cooperation between production
chain members in order to decrease delivery times, reduce inventories and increase
customer satisfaction for MuktiStar “Mumbai Pride”
73
MuktiStar activities have far-reaching environmental, social and economic impacts. The graphic
below illustrates the major stages of our value chain and identifies key impacts, Joint Ventures,
investors and stakeholders, and examples of value we create at each stage.
We recognize that the issues and impacts are interconnected and that positive and negative effects in
one part of the chain can reverberate in the other parts, which prioritizes the most significant issues in
our value chain.
© MuktiStar - MUMBAI PRIDE - FEASIBILITY REPORT 74
75
Core Capabilities
&
Distribution Architectural
MuktiStar performs at a consistently
high level of competency which are
designated by the company as critical
to their competitive position in the
marketplace. Companies attempt to
achieve dominance in a market by
focusing on their core capabilities.
Summary: As the technologies supporting design, development, and
deployment of distributed applications continue to advance, it is more
important than ever for architects and developers to establish stable
architectural patterns based on recurrent experiences developing such
distributed solutions. MuktiStar in house has developed program for his
customer with heavy data base collection.
© MuktiStar - MUMBAI PRIDE - FEASIBILITY REPORT 76
The Unconventional
Spearheading Team
Mr. Jitendra Gaikwad
Chairman
Founder of MuktiStar GROUP
Mr. Gurpal Singh Sethi Mr. Mohammad Mansoor Mr. Mohan M. Rathod
Joint Managing Director
Director Director
Associates
Bahrain (Ex-IPS, Retd. Sp. IG. Police, Mah)
Mr. Satish Gowda
(Principal Architect) Mr. Nikhil Dixit
Muktistar Dzine Dynmx (MHADA Panel Architect)
Mr. Shafiq Bhatkar Shilp Associates
(Associate Architect)
Muktistar DzineDynamix Mr. Umesh Pawar
Consultants for MCGM Architects
77
Mr. Amit Pawar
Consultants for MCGM Architects
Partners Partner in construction offers
fast, friendly and courteous
Which Partners we do need? service. We use only the best
products and we maintain a
Partners means people work or skilled staff to answer your
associates with MuktiStar is a questions or queries. We have
market leader in additions to built our reputation on our
this, commercial construction commitment to providing
and MuktiStar management. quality service, which has
We would like to take this earned us an impressive
opportunity to show you how reputation with many valuable
we can provide the best of customers.
these services.
© MuktiStar - MUMBAI PRIDE - FEASIBILITY REPORT 78
79
Activity 2
Value Proposition for Customers
DESIGN
Value-added services include
establishing building design and
specifications that take into account,
MuktiStar client's considerations-
even at the exploratory or
COST preliminary stages of FLEXIBILITY
the project.
MuktiStar Specific emphasis Provide both turnkey
on value engineering to achieve construction and leaseback
cost and usage efficiency, where we work proposals. Flexible terms include
structured payments, incorporation of
closely with our client to identify moving cost, option to purchase
building specification item that tenants, taking over existing
impact cost & rental. premises, etc.. All this
DELIVERY facilities available
Proven track record in fast with MuktiStar.
track delivery, where MuktiStar
client's sole point of contact to
undertake all delivery commitments as a
turnkey constructions and /or developer.
Able to incorporate pre-top fit out
works to accommodate even
tighter timelines. We are
99% performance
people.
© MuktiStar - MUMBAI PRIDE - FEASIBILITY REPORT 80
Customer Benefits
At MuktiStar Customers Benefited is created.
New Strategies for Today's Customer-Driven Economy, every contact with a customer
creates a moment of truth where you either meet the customer's expectations or you don't.
For those in the construction industry, this may be difficult to accept because of the
adversarial environment within the industry. However, MuktiStar offers for JV a great
opportunity to differentiate themselves from their competition. While the opportunities are
greater in negotiated work, there are still significant opportunities for improved customer
service in the highly competitive design-bid-build marketplace.
81
Activity 3
Revenue Model
Cost Structure is defined by the value SUMMARY
architecture. Why our JV partners May NeedThese Services.
At MuktiStar cost accounting is a To validate project construction budgets.
measurement tool in accounting. By To validate a portion of project construction budgets.
grouping costs and assigning them to a To establish a benchmark for a construction bid or negotiation
particular project, a reviewer of financial To establish a basis for financing Knowledge and Skills Required.
results can pinpoint discrepancies Knowledge of basic economic principles and methods.
between the estimated cost and the Ability to interpret construction drawings and specifications.
actual cost. As an example, did the Understanding of construction materials, processes, and methods.
exterior siding costs exceed your Ability to relate details and specifications to costs.
budgeted amount? Cost accounting Facility with spreadsheets and interrelated mathematical formulas.
sorts the receipts into the respective Communication skills for interacting with multiple disciplines
groups (phases) and this information is Attention to detail Representative ProcessTasks.
used by the contractor to compare to his Define scope of service.
original estimate for that particular Define parameters to be used.
aspect of construction. Comparing Prepare the estimate.
actual costs to estimated costs. Validate contents and assumptions.
Reconcile estimate with others (if required)
Document and present results
© MuktiStar - MUMBAI PRIDE - FEASIBILITY REPORT 82
To attain 0% maintenance goal for Smart City Residents.
The Sustainable Revenue Model will support Administrative & Maintenance Cost of MUMBAI PRIDE -A Smart City
83
Activity 3
Revenue Source
MuktiStar has 4 Proven Ways To Increase our Construction Revenue by upcoming year.
There’s a simple formula we adopted to use to increase our construction revenue and grow
our Smart City Project in simple format of residential and commercial construction business
by coming year.
This formula is easy to understand… but we do have to work it. So, don’t hear me say
“growing your revenue is easy.” We all know there is no such thing.
When you distill all the complexity of growing our construction revenue into the basic
building blocks, there are four main ways to increase MuktiStar revenue:
1. Get MORE customers
2. Building CBD Complex on rental format
3. Malls and Hotels Give a substantial Revenue in MuktiStar Project, to spend money with
you MORE THAN ONCE.
4. Clubs and Recreation is also additional source of revenue.
That’s it. This simple outline helps cut through the complexity of business growth
principles. It gives you hooks to hang your revenue generating ideas upon.
© MuktiStar - MUMBAI PRIDE - FEASIBILITY REPORT 84
Activity 4
Our Culture Values
• We are on a mission to be the most sought-after
construction company in the business - What does this mean to MuktiStar?
Owners Employees
It means that our owners desire to work with us It means we care about each individual, their goals,
again, because it was a good discovery with aspirations and dreams, and we make it our aim to
experience and fun, we delivered an amazing support our people to reach beyond what they
product, and we exceeded their expectations. thought possible to be part of something great.
Subcontractors Architects and Engineers
It means that working or associating with It means we are partners in success, that we have
MuktiStar is like working with no one else, we are your back, that we respect your creativity, and that
fair, communicative, respectful, loyal, fun, and do at the end of the day the respect, communication,
all we can to make sure that your company is and responsiveness, leads to great projects and
successful. happy clients for both a win – win situation.
Relationship Style & Values
These values MuktiStar a part of our highly concerted effort to enrich the lives of customers, consultants,
employees, and the community as a whole.
Integrity Respect
We walk our talk without excuses. We are known for We offer respect, honesty, parity, and courtesy to all
long-standing principles of fairness and honesty. our employees, customers, and stakeholders and JV.
Collaboration Achievement
MuktiStar is a good listeners and communicators. We are committed to a culture of achievement.
We believe in the synergy of teams. Achieving goals and keeping our promises creates
significance and enjoyment in our careers in
MuktiStar organization.
85
Based on 6 Pillars
INFRASTRUCTURE SOCIAL FACILITIES TOURISM ENVIRONMENT COMMERCIAL FACILITIES SPACIOUS LIVING
•FLYOVERS •EMPLOYMENT •MUMBAI EYE •SOLAR POWER •C.B.D. •VENTILATION
•STAR HOTELS •PLANTING TREES •CINEMA HALL •INDOOR AMENITIES
•ESCALATOR BRIDGE •FIRE STATION •RAIN WATER HARVESTING •COMMUNITY HALL •SECURITY & SAFETY
•SECURITY SURVEILLANCE •TEMPLE •SHOPPING MALL
•AMUSEMENT PARKS •MARKET PLACE •CLUB HOUSE
•DRAINAGE SYSTEM •100 BEDDED HOSPITAL •KIOSK/STALLS •JOGGING & CYCLING TRACKS
•NEIGHBORHOOD MANAGEMENT •MALLS •WI-FI CONNECTIVITY •CHILDREN’S PLAYGROUND
•PARKING •DISASTER MANAGEMENT •SWIMMING POOL
•HAZARD FREE SITTING AREAS •TENNIS AND VOLLEYBALL COURT
•SIGNAL FREE CORRIDORS •HAWKER FREE ZONE
© MuktiStar - MUMBAI PRIDE - FEASIBILITY REPORT 86
87
3 true reasons
Why MUKTISTAR
Should do
Joint venture ?
MUKTISTAR, formula for success is based on one underlying
principle. We recognize the Constructions forms the first and last
impression Customers have with an establishment.
The theme for this section is grape, the color demonstrates the vibrancy of integrity and growth, the structural
formation of grape represents togetherness, binding individuals to form a prosperous network.
© MUKTISTAR - MUMBAI PRIDE - FEASIBILITY REPORT 88
We believe in flying together
89
MuktiStar
Partnering
Objectives:
If you’re not fond of the idea of joint venture marketing, then we think that you should be. You can do a
lot of good with JV, and it can help both the parties to achieve all of the goals that we are looking for in
our Mumbai Pride Projects Business. (JV’s) are just another way to earn more sales and profits of our
strategic business plans.
So why should you do joint venture with MUKTISTAR? Well, that’s what we want to discuss with you in
this feasibility report. If you want to get a jumpstart on your sales and profits, and become a dominant
force in your niche, you will find definitely want to do joint venture.
So let MuktiStar’s experience and initiatives pilot this venture, keeping you at the ease.
© MUKTISTAR - MUMBAI PRIDE - FEASIBILITY REPORT 90
definition to success is
dedication of resource
91
One Resource,
Countless Solutions
You are venturing into a brand new business, MuktiStar can
team up with Partnering company who has been around for
decades. MuktiStar have the product and services that best
matches to our JV format., then both the companies could
wind up making a lot of yield in the process. And we say that
you can get started immediately because MuktiStar don’t
have to build a list from scratch, in order to sell or list of
prospects.
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never too small
to do big things
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Startup
When MUKTISTAR as Group, team up with JV a major in our niche, you can kind of “Pick up” on some of
our credibility. So whenever a regular prospect looks at our company, they will think that our business
of high quality and is the “real deal”. Simply because they saw you with another well known name in
your niche.(it’s a vise versa)
This can benefit both in a wide variety of ways, Both can increase our sales and target revenue,
MUKTISTAR will build niche recognition, and JV will be perceived as the “obvious expert” in your niche.
And you ask for more than this. Here’s another benefit of JV marketing.
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INVESTMENT
in a
Fruitful one
optimum value for both initial and long-term investment
95