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Investors’ Meet
10th August 2011
Bhopal Development Authority (BDA)
About BDA
– Conceiving,
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Meghraj Capital Advisors Private Limited (MCA)
• Regional Head offices of many private and public sector banks and financial
institutions are based in the city
• Importance as an Education hub today with more than 100 colleges and higher
learning institutes located in the city (It has an NIT & an NLU as well)
• The city striving to balance tradition and innovation in its developmental initiatives.
• Rapid growth in the real estate sector in the last five-seven years.
• Mega projects such as the Delhi Mumbai Industrial Corridor (DMIC) project are
expected to catalyze developments in Madhya Pradesh with related effect on Bhopal.
• Impetus being given to infrastructure development at the city level through schemes
such as the JNNURM.
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About the Project Site
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About the site
Connectivity • Existing: Connectivity through 150’ wide Pul Bogda Road (NH-12)
• Future Connectivity: Chiklod Road is to the rear of the site and
hence possibility of connectivity can be explored
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Position of the Site in the overall context of the city
Bhopal Airport
Bhopal Railway
Station
The figure above shows the location of the site (shown by balloon A) in the overall context of the city
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Connectivity through Pul Bogda Road
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Picture of the project site-1
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Picture of the project site-2
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Picture of the project site-3
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Picture of the project site-4
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Observations based on the market survey
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Observations based on retail infrastructure
• Background
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Observations based on retail infrastructure (Contd)
– Lower lease rentals –lower break even levels given higher conversion
– A value mall could help attract consumers there and act as a catalyst for other
developments in the mixed use complex.
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Forum Value Mall, Bangalore
Location Whitefield
Built-up area 0.473 Million sq ft
GLA (Gross leasable Area) 0.3 Million sq ft
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Forum Value Mall, Bangalore
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Ansal Plaza, Ghaziabad
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Ansal Plaza, Ghaziabad
• Offers discounts on all international and national brands available year round
• Attracts not only youngsters and working class group but homemakers since it
offers groceries and other essentials too.
• Many residential areas in the vicinity offer the perfect catchment area.
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Observations based on residential infrastructure
• Background
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Observations based on residential infrastructure (Contd)
• Key Drivers
– Aspirational demand
• Suitability
• Background
Latent demand for quality healthcare & hence scope for corporates hospitals
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Observations based on hotel infrastructure
Proximity to the railway station from Galla Mandi, a key value proposition for hotel
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Lemon Tree Hotel
• In Indore:
• Some features:
– Business centre
– Recreation bar
– Fitness centre
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Ginger Hotel, Bhubaneshwar
• In Bhubaneshwar:
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Observations based on commercial infrastructure
• Background
• Key Drivers
– Demand for quality commercial from corporates setting up base in the city.
• Background
– Increase in business travel for short and medium term will create interest
(economical compared to staying in a hotel)
• Trends
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Convention centre
• Background
• Key Drivers
– Bhopal is the state capital and does not yet have a large scale convention centre
– Demand and utilization levels for banquet halls/marriage halls are decent which
could be a complimentary use of the facility
• Suitability
– The Convention centre can itself be expected to act as catalyst for other related
developments that could come up at the project site
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Feasible uses of the site based on the market survey
In view of the size of the plot and FSI available, a mixed use development
may be optimal
Value Retail
Residential
Commercial
Hotels/Hospitality
Healthcare/Hospital
Guesthouses/service apartments
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Applicable regulations to the design parameters
S. No:
Planning Regulations Remarks
(I)
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Applicable regulations to the design parameters
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Applicable regulations to the design parameters
S. No.
Building Regulations/ Bye-laws Remarks
(II)
Types of development planned in the proposed
development
1 Commercial Office blocks Mixed use development
Residential blocks
Others (Specify)
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Concept Suggested
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Bhopal Town Centre Concept
• Features
Commercial
– Value retail to be at the core of the
development
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Bhopal Town Centre Concept (Contd)
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Bhopal Town Centre Concept (Contd)
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Bhopal Town Centre Concept (Contd)
Built up area
Components % coverage
(Lakh sq ft)
Retail 4.0 34.8%
Hotel 0.8 14.0%
Commercial 1.0 12.3%
Hospital 1.2 7.6%
Guesthouses/
Serviced 0.6 9.9%
apartments
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Proposed PPP structure
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BDA requests your thoughts and suggestions and looks
forward to your enthusiastic participation
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THANK YOU
Contact:
Mr V.P.Malviya
cap@bda.org.in, info@bda.org.in
(M) +91 94250 19630 (O) +91 755 2701837
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