Bhumika Enterprises Pvt. Ltd.
Poddar Group:
The Poddar Group of companies was established in 1961 and has since then grown into a diversified business conglomerate with business interests spanning diversified industries like construction, warehousing, logistics, mining, textiles and manufacturing. The Group has a Pan India presence with offices in Delhi, Udaipur, Chennai and Thrissur, Kerala.
Bhumika Enterprises Pvt. Ltd. (Urban Square Project):
The Group is currently diversifying into the real estate industry with its first mixed used development in Udaipur under the brand name Urban Square . The 1.8 million sq. feet developmentwill include a 250 key 3 star Hotel, a 250 key service apartment, a 450000 sq. feet Family Entertainment Centre (FEC) including organized retail, multiplex, food court and entertainment zone. Additionally the development will also house a convention centre and banquet hall, a skill development centre, Hi -Street retail and many other tourist friendly attractions including parking and other services.
Project Status:
A broad spectrum of retailers have expressed keen interest in leasing place in the FEC. The countrys leading department store Shoppers Stop and multiplex chain INOX have expressed confidence in Udaipur, our location and the groups capacity based on our past experience to deliver a quality one of its kind land mark development in Udaipur. As an expression of confidence they have signed 40k sq. ft. area for a departmental store and 40k sq. ft. for a 6 screen multiplex.
The Government of Rajasthan has classified the project as a Tourism Infrastructure Project involving a capital outlay of over INR 400 Crores and employment for over 500 persons. The proposed project was approved by the Tourism Department, Govt. of Rajasthan.
The market assessment, product mix, project feasibility, land valuation and business planning has been finalized in consultation with Mahajan&Aibara, the leading Indian hospitality consultant and Knight Frank, Internationally renowned property consultant. All financial parameters and valuations are in accordance with the most stringent local and international practices followed by leading real estate companies worldwide.
Real Estate Vision:
M/s Bhumika Enterprises Pvt. Ltd. (BEPL) a group company executing the Urban Square development aims to build quality living, commercial and hospitality spaces. In particular the Company is focused on expanding the unique concept of Own Your Hotel Room and plans similar hospitality projects in other tourist locations of India such as Jaipur, Goa, Agra, Jodhpur, Mt. Abu, Jaisalmer, etc.
Managerial Experience:
The group has related expertise in construction based on prior experience in building built to suit industrial structures tailored for some of the countrys leading business houses and institutions. The focus has been on value for money construction and timely project delivery.
The group believes in working with the best in class consultants to deliver quality products and services across all its business lines. Our consultants in the Real Estate space are:
Hospitality Consultant: Mahajan&Aibara.
Mahajan&Aibara Business Consulting Pvt. Ltd. is Mumbai based consultant specialized in providing Management and Business Consulting Services for the Hospitality, Real Estate & Tourism Sectors.The M&A team have extensive experience of over 25 years in India and abroad.
Market Assessment, Project Feasibility and Business Planning: Knight Frank
Knight Frank is a global real estate consultancy with an integrated prime commercial and residential offering, operating in key hubs across the globe. The London based consultancy has over 335 offices in 52 countries, employing more than 12,000 professionals and spanning five continents.
Legal Consultants: Khaitan& Co.
Founded in 1911 and is one of Indias oldest full service law firms comprising over 370 fee earners and consultants including 84 partners. The key practice areas are Banking & Finance, Capital markets, Competition Law/Antitrust Law, Corporate/M&A, Dispute Resolution, Energy, Infrastructure & Resources, Environment, Intellectual Property, Labour& Employment, Private Client and Trusts, Real Estate, Taxation(Direct and Indirect tax), Technology, Media & Telecom, White Collar Crime.
The other sister company is Kaushalya Logistics Pvt. Ltd. For details, please refer to the website www.kaushalya.co.in
COMPANY WEBSITE:http:\\www.bhumikagroup.com