Announcement

Collapse
No announcement yet.

Marg Swarnabhoomi, Marg Groups, Seekinankuppam, Chennai

Collapse
X
Collapse

Marg Swarnabhoomi, Marg Groups, Seekinankuppam, Chennai

Last updated: July 13 2016
99 | Posts
  • Time
  • Show
Clear All
new posts
  • #81

    #81

    Re : Marg Swarnabhoomi, Marg Groups, Seekinankuppam, Chennai

    When it come to real estate, First three most important points are:

    1. Location
    2. Location
    3. And Location

    Everything else is after those 3 points.
    Last edited by Economist; April 20 2013, 05:56 AM.

    Comment

    • #82

      #82

      Re : Marg Swarnabhoomi, Marg Groups, Seekinankuppam, Chennai

      Originally posted by Economist View Post
      When it come to real estate, First three most important points are:

      1. Location
      2. Location
      3. And Location

      Everything else is after those 3 points.
      For some folks the most important factor is quality of construction.


      Sent from my GT-I9300 using Tapatalk 2

      Comment

      • #83

        #83

        Re : Marg Swarnabhoomi, Marg Groups, Seekinankuppam, Chennai

        Originally posted by mpandey78 View Post
        For some folks the most important factor is quality of construction.


        Sent from my GT-I9300 using Tapatalk 2
        Will you buy a well built house with top quality of construction with trendy fitting in Aandimadam town in Ariyalur District?

        Building structure guaranteed for 100 years.

        Only 20 Lakhs.

        Comment

        • #84

          #84

          Re : Marg Swarnabhoomi, Marg Groups, Seekinankuppam, Chennai

          If we are debating if Marg Swarnabhoomi is a good buy, my 2 pences-

          Swarnabhoomi is a very good buy if you do not like the following in chennai

          1) Traffic
          2) Slums
          3) Pollution
          4) Garbage and lack of hygeine
          5) Congested public places

          But it will take a long time to get occupied and so you need to be ready to use the apartment as a holiday home until then

          Comment

          • #85

            #85

            Re : Marg Swarnabhoomi, Marg Groups, Seekinankuppam, Chennai

            Originally posted by gandhi123 View Post
            If we are debating if Marg Swarnabhoomi is a good buy, my 2 pences-

            Swarnabhoomi is a very good buy if you do not like the following in chennai

            1) Traffic
            2) Slums
            3) Pollution
            4) Garbage and lack of hygeine
            5) Congested public places

            But it will take a long time to get occupied and so you need to be ready to use the apartment as a holiday home until then
            Add to that:

            If you dont want to earn for living or

            If you dont want to be employed for a living.

            The 1-5 points you have given is avilable in 80% of places in India including Andimadam panchat village in Ariyalur District.

            For the same maintenace you pay to Marg, you will get 2 full time domestic help.
            Last edited by Economist; April 20 2013, 04:54 PM.

            Comment

            • #86

              #86

              Re : Marg Swarnabhoomi, Marg Groups, Seekinankuppam, Chennai

              MARG CONTINUES GROWTH WITH ROBUST PERFORMANCE IN FY 2011 – 12 FY12 revenue at Rs.1501

              MARG CONTINUES GROWTH WITH ROBUST PERFORMANCE IN FY 2011 – 12 FY12 revenue at Rs.1501 crores

              ~ Standalone revenue grew by 38% ~

              ~Net Profit increases by 85% ~

              Financial Performance

              INR Crores

              FY2011-12

              FY2010-11

              YoY Change

              Revenue

              1501

              1085

              38%

              EBITDA

              136

              128

              6%

              PAT

              111

              60

              85%

              Financial Highlights

              Full year FY2011-12

              FY 2011-12 Standalone revenue at Rs.1,501 crores, EBITDA at Rs.136 crores, PAT at Rs.111 crores
              Compared to FY 2010-11, revenue grew by 38% and PAT by 85%
              Q4 2011-12

              Standalone revenue at Rs.392 crores in Q4 FY12 compared to Rs. 361 crores in Q4 FY11
              EBITDA for Q4 FY12 is Rs.28 crores and PAT is Rs. 15 crores
              Chennai, May 15, 2012: MARG Limited, one amongst India's fastest growing infrastructure companies, today announced its financial results for the year ended March 31, 2012.

              The company registered a 38% increase in revenue which stood at Rs. 1501 crores in FY 2011 - 2012 as compared to Rs. 1085 crores in FY 2010 -2011. PAT increased by 85% which stood at Rs. 111 crores in FY 2011 - 2012 as compared to Rs. 60 crores in FY 2010 -2011. Overall the business verticals have shown robust performance.

              Business Highlights

              MARG Karaikal Port handled 6.01 MMT of multi-cargo in FY2011-12 and reported a top line of Rs.220 crores, EBITDA – Rs. 99 crores and a PAT of Rs. 32 crores
              EPC revenue at Rs.1,440 crores in FY2011-12, increase of 43% YoY – share of external EPC at 41%; Current order book at around ~Rs. 3,250 crores
              MARG Swarnabhoomi’s FY2011-12 revenue stood at Rs.88 crores EBITDA at Rs. 13 crores and PAT at Rs. 2 crores
              MARG ProperTies, the real estate arm of MARG has sold 0.53 million sq ft (497 units) in FY2011-12, with sale value of Rs.157 crores
              Commenting on the company’s performance in the year ended March 31, 2012, GRK Reddy, Chairman & Managing Director, MARG Group said, “Our results for the year under review are very encouraging. It has been a year of strong performance and consolidation. With the global economic trend still continuing to be sluggish, we are glad to have put a robust performance across all Group verticals. With EPC continuing to be the core business and MARG Karaikal Port, MARG ProperTies and MARG Swarnabhoomi expected to be strong complementary business units, FY 2012-13 promises a strong curve. ”

              PERFORMANCE OF BUSINESS VERTICALS

              EPC Business

              EPC revenue of MARG Limited at Rs. 382 crores in Q4 FY 2011-12
              The full year revenue stands at Rs.1,440 crores, increase of 43% Y-o-Y
              Current EPC order book at around ~Rs.3,250 crores, external orders account for ~30%
              Successfully completed & handed over residential Building for NBCC (Rohtak), Non Plant building for IOCL & HPCL, ELCOT IT Park project at Trichy, PADCO Housing etc
              Won prestigious external projects including orders from Bhavnagar Energy Corporation Limited, Lucknow Development Authority, National Building Construction Company Ltd
              Almost doubled the value of Plant & Machinery and other construction equipments in current financial year
              Marine Infrastructure

              Karaikal Port

              During Q4 FY 2011-12, handled a traffic of 1.62 million tonnes of multi cargo & 56 major vessels including 0.87 million tonnes of cargo handled during March 2012 being the highest cargo handled in a single month.
              During FY 2011-12, handled 6.01 million tonnes of multi cargo & 191 major vessels vis-à-vis 4.75 million tonnes & 122 major vessels handled in FY 2010-11. – Y-o-Y growth of 26.53% and 56.56% respectively
              Successfully handled the MV Manousus P in March 2012 with a parcel size of 72,848 MT of coal cargo– the biggest cargo vessel handled till date
              During Q4 FY 2011-12, handled 290 rakes. Handled 1,087 rakes in FY 2011-12 vis-à-vis 745 rakes in FY 2010-11 and handled 1,859 rakes since commencement of railway operations at the port
              Handled the first crude oil vessel for CPCL in Feb 2012.
              Agreement signed with Ascent Capital Advisors Private Limited for a PE Investment of Rs. 200 Crores - Availed the drawdown through Primary of Rs.50 crores and Secondary of Rs.150 crores
              Signed term sheet with Jacob Ballas for PE Investment of Rs.100 crores (Primary) and Rs. 100 crores (Secondary from IIF to JB); Rs. 100 crores received from JB in Karaikal Port in April 2012.
              Receipt of sanction from IIFCL for partial takeout of Rs.86.21 crores out of Phase 1 term loans at a lower Rate of Interest
              In Q4 FY2011-12, Karaikal Port’s revenue stood at Rs. 57 crores
              For FY2011-12 Karaikal Port achieved a top line of Rs. 220 crores; EBITDA of Rs. 99 crores and a PAT of Rs. 32 crores
              Karaikal Port – Financial Performance

              INR Crores

              FY2011-12

              FY2010-11

              YoY Change

              Revenue

              220

              169

              30%

              EBITDA

              99

              79

              25%

              PAT

              32

              24

              32%

              Urban and Industrial Infrastructure

              MARG Swarnabhoomi

              Engineering SEZ

              MOU/Leases signed with M/s Tecpro Energy Systems, M/s Twin Disc (Far East) Pte Ltd, M/s Eswari Electricals and M/s Kwik Patch Ltd taking the total number of units in LES to 8 in FY-12 compared to 4 in FY-11.
              M/s Virgo Engineers, M/s P.H.Hydraulics and Pneumatics, M/s Eswari Electricals and M/s Vanspall Associates have started operations from their plant in the engineering SEZ in FY-12 taking the number of operational units to five in FY-12 as against one unit in FY-11.
              Total exports from the engineering SEZ in FY-12 was 1221 lakhs, apart from this SEZ to SEZ and SEZ to DTA Sales of 677 lakhs.
              Science and technology Park

              Construction of phase-I spread over 210,000 sq ft of Wet Laboratory building is underway in MARG Swarnabhoomi.
              M/s Biophenolika Polymers has obtained approval from the Development Commissioner of State Government of Tamil Nadu for setting up an R&D Center in Polymers.
              Virginia Tech University has signed MOU and is in the process of setting up its Centre of Excellence in Science and Technology Park.
              Institute of Clinical Research India (ICRI), a leading player in Clinical Research Training in India is in advanced stages of setting up a campus at the Science Park.
              Multiservices-Processing

              Executed Lease Agreement with Exemplarr Worldwide for their Operations Center/EXCEL Finishing School (Exemplarr Center for Employability and Learning) at Amrita Research and Innovation Park (ARIP) and it has been inaugurated on 23rd May 2011 by CTS Vice Chairman-Mr. Lakshminarayan.
              Subsequently, The EXCEL finishing school has commenced its first batch of certification program targeting ITES Sector in e-publishing at Amrita Research and Innovation Park (ARIP). The finishing school concept is set to bridge the gap between skill sets produced at universities and skill sets required by industries.
              In principle agreement with International Institutes of repute from Australia to set up vocational training institutes at ARIP.
              Discussions on with few of the IT majors for setting up their training cum operation centre at MARG Swarnabhoomi
              The Team is in advanced stages of discussion with a Singapore-based International School to setup a IB school at MARG Swarnabhoomi.
              Multiservices-Non-Processing

              A Polyclinic and convenio store are currently operational in MARG Swarnabhoomi to cater to the needs of its employees and residents
              Initial discussions are in progress for setting up a multipurpose sports complex, a golf course and a sports medicine centre at MARG Swarnabhoomi.
              In discussion with a Chennai based adventure sports operator to setup a Adventure Sports cum out bound activity center at MARG Swarnabhoomi.
              In discussion with an established operator to provide Serviced Apartment services at MARG Swarnabhoomi to serve both the internal demand and the tourist population of ECR.
              Education Services

              MARG Navjyothi Vidyalaya was launched and got affiliated to the CBSE within 7 months of its inception. The current total count of students is 223.
              MARG Institute of Design and Architecture Studies (MIDAS) was launched and is currently functioning with 56 students with exposure to international industry architects from Spain and Singapore.
              76 students have already graduated from Swarnabhoomi Academy of Music (SAM)
              MARG Swarnabhoomi Academy of Music (SAM) has produced three bands, gaining recognition. SAM is in the process of signing an international experience agreement with an international music school based out of Minnesota.
              MoU signed with Malaysia based Limkokwing University of Creative Technology to provide industry-driven programmes on Games, Animation, Creative Multimedia, Advertising, Fashion & Hair Design, Interior Design, Product Design and Tourism Management etc.
              In final stages of signing up with a leading international school in Singapore to offer international baccalaureate (IB)/Cambridge Curriculum(IGCSE) in K12 segment.
              Special Economic Zones SEZ in Chennai Tamilnadu India, Multi Services SEZ : MARG Swarnabhoomi
              Residence

              MARG adjudged the second leading developer in Chennai city in Residential sales.
              755 flats sold in FY 11-12 with a sale value of Rs 126 Crores.
              Launched Swarnabhoomi Cityscapes, the plot sales vertical and created one more revenue generating vertical for the business.
              MARG Swarnabhoomi – Financial Performance

              For FY2011-12, revenue stood at Rs. 88 crores, EBITDA at Rs. 13 crores and PAT at Rs. 2 crores
              Real Estate

              MARG ProperTies – Residential Business

              MARG adjudged the second leading developer in Chennai city in Residential sales.
              The Brand Mascot, Mr. Joy was launched and this unique concept won “Most Innovative Marketing Campaign” pipping some of the leading brands in the real estate sector.
              Brand Presence of Marg ProperTies got enhanced with the launch of 2nd Home Shoppe during Feb 2012 in the growing IT corridor (OMR).
              As part of our continuous customer engagement “Connexions” program was conducted. More than 700 customers graced the event.
              Projects like Pushpadruma, Vishwsakthi (Phase-1), Lakshna and Kalpavriksha (Phase-1) are sold out.
              More than 200 units in Pushpadruma are already handed over
              95 units (100,000 Sq.Ft) were sold in Q4 2011-2012 with sale value of Rs.29 crores taking the total units sold to 497 and sale value of Rs. 157 crores in FY 2011-12
              Cumulatively at ITD level (Till March 2012), 1727 units (1.85 million sq.ft.) has been sold with sale value of Rs.468 Crores.
              MARG Junction, OMR – Commercial Business

              The project is expected to commence operations in FY-13.
              Key clients include PVR, Shoppers Stop, Hyper City; mini-anchors confirmed / LOI are Reliance Trend, Blue- O & Times Zone; Vanilla clients include Rayban, HP, Dosa plaza, Marry brown, Riyaa, EVA, Levis, Pavers England, Lee, Wrangler, Woodlands, Denizen, Archie’s, Casio, Nike, Mufti, Begum, W, Canon, Kushal’s jewelry, Puma, INC.5, New U.
              Agreement with Shangri-La has been executed for development of Hotel & interior design concept is almost finalized.
              Other key Highlights

              Awards received

              Hatrick of awards at the prestigious “India Leadership Conclave 2011” held at Mumbai
              India’s Most Admired Infrastructure Company 2011
              Excellence in Social Service for CSR
              Innovative CEO of the year
              Conferred with the ‘Asia Pacific Excellence Award 2011’ at International conference on Indo-Nepal Friendship & Economic co-operation held at Kathmandu on 21 May 2011
              "Indian Leadership Award for Industrial Development" conferred on GRK Reddy towards his contribution to Nation building & holistic regional growth at New Delhi by All India Achievers Foundation on 11th June 2011
              MARG Karaikal Port awarded as ‘Emerging Port of the Year’ at South East Cargo & Logistic Awards in July 2011 at Chennai
              Two awards at ‘Construction Week Awards 2011’ at Mumbai
              GRK Reddy as "Infrastructure person of the year"
              MARG Karaikal Port - “Seaport project of the Year”
              GRK Reddy awarded as 'Person of the Year' at 4th GIREM Leadership Summit in September 2011 at Goa
              GRK Reddy recognized as 'Outstanding Entrepreneur' at Asia Pacific Entrepreneurship Award in November 2011 at New Delhi
              MARG limited recognized for its "Outstanding contribution in Port Sector projects" at the EPC World Awards 2011 held at Bangalore on 17th Dec 2011
              "Special Jury Award" for GRK Reddy at the 'Gateway Awards of Excellence – Port & Shipping 2012' on 19th January 2012 at New Delhi
              MARG Karaikal Port recognized with 'EXIM Achievement Award' for its operational efficiency in EXIM operations by Tamil Chamber of Commerce on 7th February 2012
              GRK Reddy conferred with "Exemplary Leadership Award" at the India Leadership Summit 2012 organised by Bengal Chamber of Commerce & Industry, Kolkata
              GRK conferred with the title ‘Real Estate Icons of India’ 2012 - an exclusive listing of distinguished Industry leaders in India
              ‘Innovative Real Estate Marketing Campaign of the Year’ acknowledging a path breaking 'Mr.Joy' campaign in 2011 by Realty Plus Magazine
              Most Prestigious ‘Golden Peacock Award’ for MARG’s CSR initiatives by Institute of Directors (IOD)
              About MARG Group:

              MARG Limited (BSE: 530543), incorporated in 1994 and headquartered in Chennai, is an infrastructure major with presence across the value chain. The Company is listed on the Bombay Stock Exchange and its shares are traded on the NSE under the category of ‘Permitted Security’.

              With over two decades of reassuring presence and the credit of pioneering the development of economic growth centers, MARG's portfolio spans across the entire infrastructure value chain - urban and industrial infrastructure, urban residential clusters, marine infrastructure & services, malls and EPC division. Listed by Dun & Bradstreet among “India’s Top 500 Companies 2010”, today MARG Group has projects worth more than Rs. 3250 crores under execution, a seasoned human capital of more than 1100, global partners in the Infra space and offices spread across India, Singapore and China.

              More information on MARG is available on MARG Group, India's leading Infrastaructure development company

              Comment

              • #87

                #87

                Re : Marg Swarnabhoomi, Marg Groups, Seekinankuppam, Chennai

                Information about the Marg junction mall in the OMR appear to be wrong. They are trying to sell but no takers sofar

                Comment

                • #88

                  #88

                  Re : Marg Swarnabhoomi, Marg Groups, Seekinankuppam, Chennai

                  Another feather in the cap of our big builders !!!! They started with one project near Karapakkam spec was good, not sure if this is finished or not. But my gut feeling is it would never even have started but not sure though.

                  Comment

                  • #89

                    #89

                    Re : Marg Swarnabhoomi, Marg Groups, Seekinankuppam, Chennai

                    No use

                    You cannot stay 70 kms apart from city nor you cannot rent it you will get no income from it and the price will also not increase you can expect gain only after 10 to 15 years.

                    Comment

                    • #90

                      #90

                      Re : Marg Swarnabhoomi, Marg Groups, Seekinankuppam, Chennai

                      EDUCATION MARG SWARNABHOOMI
                      An education cluster aiming at providing industry led academia in a flourishing environment of 100 acres, termed as, “Swarnabhoomi Educity”, which is the first of its kind education cluster in South Asia. Positioned as the ‘NextGen Knowledge hub for global education in India’ providing an integrated experiential learning environment.

                      Swarnabhoomi Educity’s education initiatives are under a trust titled Swarnabhoomi Academy of Institutions (SAI) with an aim to shape young minds and create a knowledge based society bringing about profound harmony & prosperity. The institutions under SAI banner boast of enviable campus & infrastructure, great learning environment and experienced faculties backed by professional governing bodies.

                      Education institutes already operational at MARG Swarnabhoomi:

                      MARG Navajyothi Vidyalaya – a CBSE based school with 400 students
                      Swarnabhoomi Academy of Music (SAM) – India’s first professional college for music with 280 students graduated
                      MARG Institute of Design & Architecture Swarnabhoomi (MIDAS) - prestigious architecture college with 135 students
                      Exemplarr Centre for Employability & Learning (EXCEL) -finishing school offering industry specific course curriculum & successfully delivering industry relevant programs

                      Upcoming education institutes at MARG Swarnabhoomi

                      MARG Institute of Technology Swarnabhoomi (MITS) -AICTE approved engineering college, will have BE programs in Civil, Mechanical, Electrical & Electronics Engineering
                      MARG Institute of Management and Entrepreneurship (MIME) will offer management programs in Real Estate, Infrastructure, Port and Logistics Management
                      MARG College of Arts & Science (MCAS) will offer degree programs in B.Com, BBA, BCA, B.Sc (Hotel Management) and B.Sc (Computer Science). The differentiator at MCAS will be the dual program which a student can choose and be more industry ready. It is the key differentiator to the college, attracting larger numbers
                      Swarnabhoomi International School (SIS) -The school will be the first fully residential International school in 100 Km radius around MARG Swarnabhoomi
                      MARG Swarnabhoomi Institute of Creative Technology (MSICT) -Initial student Intake at MSICT in year 1 (2013) will be 60 (30 for each course viz. multimedia/ animation)
                      Central Institute of Technology (CIT) - Signed MoU with Central Institute of Technology (CIT), Western Australia to offer vocational courses in India
                      To know more about upcoming educational institutions at MARG Swarnabhoomi.

                      Current student strength of 900 at MARG Swarnabhoomi is expected by grown by 1500 in 2013-14, which will further grow to 4,000 in 2015-16, accelerating demand for residential / hostel facilities at MARG Swarnabhoomi.
                      Education Overview at MARG Swarnabhoomi, SEZ in Chennai

                      Comment

                      Have any questions or thoughts about this?
                      Working...
                      X