1. vision to construct a commercial complex in Chennai with required very high demand for office space, Project to built office building of 4,30,000 SQFT Commercial centers,
2. location is in the central of Chennai city its 3rd largest city of India and IT, AUTO hub most Preferred FDI and fastest growing city the site is surrounded by government offices, banks in highly populated neighboring, land area is 2.78 acres 1,21,000 sq ft and 2.2 ground of two separate clear saleable and mortgage able documents,
3. land documents title is unambiguous all the measured necessary to eradicate unauthorized persons in peace full manner paid with monetary settlement and concentrated effort of regulatory frame work, license/permit requirements will be handle by our group,
4. Capital equity infusion requirement is $ 9 Millions USD Financing debt$ 16 Millions USD Interest rate considers is 25% per annual Tenure 2 years period,
5. organization structure in Special Propose vehicle, The Investor will hold 45 % equity and SIDDIQUE Group will hold 55% WITH BUY BACK ARRAGEMENT OF SHARE AT A PREMIUM SUITABALE TO EITHER SIDE Proposed members three from the investor committee side and SIPPL four members on the management board, Total SEVEN,
6. Timing and implementation of the projects four years Rent forecasts $ 7 Millions USD, per annual,
7. Cash flow projections (timing sensitive analysis will be present upon the express of interest by the investor
8. Third party land appraisal permissible
9. Name of the builders, contractors, is CCC LTD, INDIA,
10. Market analysis, Feasibility study by the independent team appointed by the investor,
11. Potential downside any concern with restrictions to be analyst by connoisseur,
12. Prior arrangement for a convention by way of epigrammatic agendas, We will appreciate if you could call for a meeting to test out the essentials and to conduct the technical, Commercial, legal due diligence on the project,