| REAL ESTATE DEVELOPMENT |
| The investment focus for Milestone Domestic Scheme I&II are primarily in Tier II & III cities with focus on development of assets in the affordable segment. Mid-income housings sector has gained ground due to recognition of the fact that this sector offers good absorption capacity & continuous demand generation. Apart from the above segment, focus is also on the warehousing sector due to its attractive opportunities thrown up due to absence of any organized player in the market. Given the huge mismatch in demand & supply in organized warehousing, and with high rental yields, this sector makes tremendous investment sense.
Milestone developmental funds are investing in more than 25 developmental projects including the above in various cities like Chennai, Nagpur, Hyderabad, Jaipur, Kolkata and Mumbai.
One has to be very choosy while investing in the real estate sector. The fund has consciously avoided luxury housing segments & IT spaces. Given the smart asset selection, even during the recessionary times, the fund has returned positive capital appreciation. (Reports available on request)
Keeping in mind the Milestone investment philosophy, the development funds are always looking at various good opportunities for investment where the risk factor is low. In next couple of months, they would be investing in some Mumbai redevelopment projects.
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| Our Real Estate Development Investments |
| Chennai |
 Water Front |
| Project Name : |
Water Front |
| Location : |
Siruseri, Chennai |
| Total Saleable Area (Sq.ft) : |
1,91,000 sq.ft
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| Development Type : |
Residential
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| Expected Project Completion : |
September 2011
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| Stone Arc |
| Project Name |
Stone Arc |
| Location |
Thiruvanmiyur, Chennai |
| Total Saleable Area (Sq.ft) |
26,800 sq.ft
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| Development Type |
Residential
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| Expected Project Completion |
February 2010
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| Gauravv |
| Project Name |
Gauravv |
| Location |
Sholinganallur, Chennai |
| Total Saleable Area (Sq.ft) |
165,000 sq.ft
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| Development Type |
Residential
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| Expected Project Completion |
June 2011
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| Chaitanya |
| Project Name |
Chaitanya |
| Location |
Koyembedu, Chennai |
| Total Saleable Area (Sq.ft) |
1,76,000 sq.ft
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| Development Type |
Residential
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| Expected Project Completion |
June 2011
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| Residential Bunglows |
| Project Name |
Residential Towers |
| Location |
Pallavakkam, Chennai |
| Total Saleable Area (Sq.ft) |
40,000 sq.ft
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| Development Type |
Residential
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| Expected Project Completion |
June 2011
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| Lalah Tower |
| Project Name |
Lalah Tower |
| Location |
Nelson Manickam Road, Chennai |
| Total Saleable Area (Sq.ft) |
1,36,000 sq.ft
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| Development Type |
Mixed Use Commercial
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| Expected Project Completion |
December 2011
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| Auroville |
| Project Name |
Auroville |
| Location |
Pallikaranai, Chennai |
| Total Saleable Area (Sq.ft) |
1,05,000 sq.ft
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| Development Type |
Mixed Use Commercial
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| Expected Project Completion |
December 2011
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| Hyderabad |
| Platina |
| Project Name |
Platina |
| Location |
Gachibowli, Hyderabad |
| Total Saleable Area (Sq.ft) |
8,15,000 sq.ft
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| Development Type |
Mixed Use Commercial Development
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| Expected Project Completion |
March 2012
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| Jaipur |
| Symphony |
| Project Name |
Symphony |
| Location |
Ajmer Road, Jaipur |
| Total Saleable Area (Sq.ft) |
3,00,000 sq.ft
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| Development Type |
Residential
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| Expected Project Completion |
September 2012
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| Kolkata |
| Godrej Prakriti |
| Project Name |
Godrej Prakriti |
| Location |
Sodepur |
| Total Saleable Area (Sq.ft) |
31,40,000 sq.ft
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| Development Type |
Mixed use
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| Expected Project Completion |
September 2014
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| Nagpur |
| Leela Garden |
| Project Name |
Leela Garden |
| Location |
Snehnagar, Nagpur |
| Total Saleable Area (Sq.ft) |
1,29 ,000 sq.ft
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| Development Type |
Residential
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| Expected Project Completion |
October 2010 |
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| Leela Hills |
| Project Name |
Leela Hills |
| Location |
Seminary Hills, Nagpur |
| Total Saleable Area (Sq.ft) |
44,800 sq.ft
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| Development Type |
Residential
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| Expected Project Completion |
November 2010
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| MSHDC Township |
| Project Name |
MSHDC Township |
| Location |
Wardha Road, Nagpur |
| Total Saleable Area (Sq.ft) |
6,77,000 sq.ft
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| Development Type |
Residential
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| Expected Project Completion |
November 2010
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| Leela Pinnacle |
| Project Name |
Leela Pinnacle |
| Location |
Kingsway, Nagpur |
| Total Saleable Area (Sq.ft) |
Approx. 100,000 sq.ft
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| Development Type |
Commercial
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| Expected Project Completion |
April 2011
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| ACORN WAREHOUSES & LOGISTICS PARK |
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| Browse Funds Under Management |
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