integrated township & convention centretsiic.telangana.gov.in/pdf/icc.pdf · integrated...

6
Integrated Township & Convention Centre 3 SPVs are formed for execution of the projects APIIC Ltd and Emaar Holdings hold 26% and 74% equity in all 3 SPVs Hyderabad International Convention Centre was built on an extent of 15 acres. Besides equity, APIIC Ltd shall receive 2 and 3% Gross Annual Revenue as lease rentals The Golf Course with Boutique Hotel is developed on an extent of 235 acres. The assets will revert to Govt. of A P after 66 years of lease without any encumbrances.

Upload: others

Post on 09-Jun-2020

11 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Integrated Township & Convention Centretsiic.telangana.gov.in/pdf/ICC.pdf · Integrated Township & Convention Centre 3 SPVsare formed for execution of the projects APIIC Ltd and EmaarHoldings

Integrated Township &

Convention Centre

� 3 SPVs are formed for execution of the projects

� APIIC Ltd and Emaar Holdings hold 26% and 74% equity in all 3 SPVs

� Hyderabad International Convention Centre was built on an extent of 15 acres.

� Besides equity, APIIC Ltd shall receive 2 and 3% Gross Annual Revenue as lease rentals

� The Golf Course with Boutique Hotel is developed on an extent of 235 acres.

� The assets will revert to Govt. of A P after 66 years of lease without any encumbrances.

Page 2: Integrated Township & Convention Centretsiic.telangana.gov.in/pdf/ICC.pdf · Integrated Township & Convention Centre 3 SPVsare formed for execution of the projects APIIC Ltd and EmaarHoldings

� An integrated township, 18 – hole international golf course, a convention centre with 6000 seating capacity and a business hotel

� Convention centre was inaugurated in Jan, 2006

� Break-even in the 2nd year of operation as against normal period of 4 to 5 years

� Business Hotel commenced operations in Mar, 2006

� 18-hole Golf was started in April 2008

� Integrated Township Project is under execution and model homes and villas are constructed

� 703 flats in 8-blocks - construction works commenced and expected to allot by March 2010

Integrated Township &

Convention Centre

Page 3: Integrated Township & Convention Centretsiic.telangana.gov.in/pdf/ICC.pdf · Integrated Township & Convention Centre 3 SPVsare formed for execution of the projects APIIC Ltd and EmaarHoldings
Page 4: Integrated Township & Convention Centretsiic.telangana.gov.in/pdf/ICC.pdf · Integrated Township & Convention Centre 3 SPVsare formed for execution of the projects APIIC Ltd and EmaarHoldings
Page 5: Integrated Township & Convention Centretsiic.telangana.gov.in/pdf/ICC.pdf · Integrated Township & Convention Centre 3 SPVsare formed for execution of the projects APIIC Ltd and EmaarHoldings

International Convention Centre

Page 6: Integrated Township & Convention Centretsiic.telangana.gov.in/pdf/ICC.pdf · Integrated Township & Convention Centre 3 SPVsare formed for execution of the projects APIIC Ltd and EmaarHoldings