8/3/2019 Developer Speak

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Inno has an enviable portfolio that spans the entire spectrum of the real estate from investments to fund management, advisory to development across rescommercial, industrial & infrastructure. Based and managed from Europe and t

Inno has four major divisions – Inno Investments, Inno Advisory, Inno Real EsInno Infrastructure. With its flagship project (Inno GeoCity), launched recently, thhas entered into real estate development in India. Rajamannar RamaswamManaging Director, Inno Group, speaks to Priyanka Kapoor about the futurehis company. Excerpts:

Betting Big

On Real estate

| developerspeak

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8/3/2019 Developer Speak

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Can yu tll us abut yu cma-ny’s businss vticals?

I Istts chaliss eupa istitu-

tial ad th istts it pi al stat

pjcts ad ic-yildig pptis i Idia.

I Istts has aisd u Idia cusd al

stat Pe uds ad udd six pjcts i Idia

with a ttal GDv (Gss Dlpt valu)  `  

2,600 c ilig a ttal dlpt

14 illi sq t.

I Adisy plays a ky l y adisig th stuctuig istts ad pidig p-

 jct itig ad ptig sics a cas

t cas asis t glal ists lkig Idia

pptuitis.

I ral estat has aucd its agship

sidtial dlpt pjct, I GCity l-

catd i th Idustial hu oagada, Chai.

It is dsigd t a wll-plad, d, sl-

ctaid twship with 4,000 dwllig uits

4 illi sq t uilt-up aa a spawlig

131-ac lad. A cphsi twship, it d-

fs th fts suua liig with sstial

ciic aitis, a pstigius schl, play aa,

shppig all ad dical acilitis.

I Iastuctu has idtifd lgistics

as its cus ad is cutly atig a Lgistics

Pe Fud ilisig Pe istts d-

lpig stat--th-at alu addd lgistics

acilitis acss Idia.

Yu hav invst almst $ 50 mil-lin acss vaius thi aty -

vlmnt jcts in Inia. d yu lant cntinu with this a yu nly lk-ing t invst in yu wn jcts h?  

Cls t USD 60 illi ha alady i-

std i six pjcts i Idia haig a GDv

 `  2,600 i Tail nadu. ou iitial th pjctsha with thid paty dlps. I will

w ly ist i its w pjcts as ppsd t

thid paty dlps. W ha ayd it al

stat dlpt with u agship sidtial

pjct, I GCity.

Hw much invstmnt a yu lan-ning t mak in Inia in th cming

yas an acss what vticals?Th Idia ral estat akt is gwig at a

cpudd aual gwth at (CAGr) 30 p

ct. W xpct I t gw ast tha that. ou

thust aa gwth i Idia will al stat

ad iastuctu dlpt. W a a Pe ud

ad a dlp ad th is scp t th lii-

tati u gwth caus this ciati.

Gig wad, husig ad iastuctu wuld

th ky aas istt th gup.

Hw yu lk at th tn peFuns nning th l vl-

s? SAre & Ireo hav n that an yuhav als gt int al stat vl-mnt.

Pe uds a cd t d th l dlp-

s du t th lack taspacy i

th al stat sct i Idia. Th tw udlyig

aspcts a piat quity ud a th Irr p-

isd t th ist ad th xit hiz th ud.

I d t achi ths acts, a ud has t -

t a pjct at th ight aluati ad su that

th pjct is dlid ti. Pe uds thus als

ig i a uch-dd ai pssialis t

th idusty ad dfitly ais th a.

With th kwldg ad xpic it has ga-d, I plas t aggssily xpad its al

stat dlpt ptli acss Idia.

Whil mst th uns a cusingn mts, wh a yu cusing

ggahically?We are a opportuity fud ad would ot

like to limit ourselves geographically. Thus

far, however, all our ivestmets have bee

i the state of Tamil nadu.

pe uns a still laying sa asthi invstmnt siz is still small.

What is yu avag tickt siz?ou tickt siz ags tw US$ 5 illi - 15

illi.

 

Nw that bank uning is bcmingifcult an Ipo makt is chy,

m an m vls a tuning tpe uns. Hw yu s th scts pe uns?Th dad Pe udig is ly gig t i-

cas what with th aks tightig thi lts.

Hw, th idusty still dpds haily ak

Inno GeoCIty, lo-

Cated In the Indus-

trIal hub of ora-

Gadam, ChennaI, Is

desIGned to be a

well-planned, mod-

ern, self ContaInedtownshIp wIth

over 4,000 dwell-

InG unIts havInG

over 4 mIllIon sq

ft of buIlt-up area

on a sprawlInG 131

aCre land parCel.

a ComprehensIve

townshIp, It rede-

fInes the benefIts

of suburban lIv-InG wIth essentIal

CIvIC amenItIes.

dt, nbFC udig ad d-us adacs. This is

caus ak dt is a chap pti, ad als

caus it s xil tus. nbFC udig is

als aailal at chap ats. nthlss, Pe

udig will icasigly sught at as a al-

tat udig sluti.

 

With al stat valuatins cming

wn an bcming m alistic,hw yu lk at pe tansactin s-cts in 2011?Piat quity tasactis i th cuty ha wit-

ssd csistt gwth this ya ad th td

will ctiu i 2011. With alistic aluati th

u dals will icas ad th aag

tickt siz will als i cas.

 

Mst th pe uns a still bttingn sintial ty. What is

yu statgy un lymnt?basd u wid-agig xpic, w at I

ha ulatd ctai paats takig i-

stt dcisis. Ths paats s th

asis t ctily aluat th sustaiaility ad

pftaility a pjct. W cgiz that ach

dal psts a uiqu st challgs. Hw,

th udlyig citia i all pspcti udigpptuitis a th xit hiz stipulatd y th

ud ad th at tu pisd t th is-

ts. Cutly, th ppti is haily skwd

twads sidtial. This ca attiutd t th

act that th sidtial sct is cctly s as

a sl-liquidatig asst class, whil ccial ad

tail al stat ha xit-latd ccs du t

uaailaility reIT/remF hicl

pst cssin, tisn shaly, thby a

acting th man. In suchw yu s th man Th stg udatals th I

wuld su that th cuty

path ladig t dul-digit gwig yas. Th Idia al stat

y th GDP gwth is xpctd t

wh th is a icas i da

pptis di y ipig a

cic gwth ad gat liquid

Yu w als lanninglgistics ak in Inia

w in talks with a euyu las labat n it?W will atig a Idia cus

ud, which will ist i alu-

paks with p-dtid tat

ad idtifcati studis y lgisti

cissid ad gtiat

pa lgistics dlps acss b

nthlads a . W will st up a

Chai c th lgistics sic t tak up th task pidig l

a lg-t asis. Th ud is

lauchd i th thid quat 20

al t stp it th lgistic da

at cpltig all th cpliac

Th gup has statd th pcss

with wll-kw lgistics sic p

| developerspeak develop

reAlTY plUS | november 2010 november 2010www.altyplusag.c www.altyplusag.c40