Issue - 10, October Olympia s quarterly newsletter. Aspiration soar with. Olympia

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1 Issue - 10, October 2012 Olympia s quarterly newsletter Aspiration soar with Olympia

2 DIRECTOR SPEAKS Dear Patrons, Greetings from Olympia Group!! It has been another eventful quarter for us at Olympia with more progress in existing projects and exciting opportunities in the making. Chandrakant Kankaria Director - Olympia Group We are happy to say that our Opaline community has now more than 150 families living inside and with JADE and AMETHSYT block under active interiors fitouts stage we expect more families to move into Opaline in the coming months. We will be delivering the other Blocks as well very soon. The Club Opal is complete and final finishing touches are going on we will be having a get together at the Club this month. Our Villa project Olympia Panache is shaping up well with the brisk construction progress. L&T has been awarded the construction contract for Olympia Grande at Pallavaram and they have commenced the work at site. We have taken a conscious call of not duplicating the Contractors and have different contractors for different projects. The prices have appreciated the Olympia Opaline and other projects and we are thankful for the support you have shown us! Best Wishes Chandrakant Kankaria HDFC LONDON INDIA PROPERTY SHOW 2012 The HDFC London India Property show was a gala affair with more than 40 developers across India participating in the show. Chennai contingent was strong again this year with more than 8 top developers participating. HDFC Managing Director for India Mrs. Renu Karnad inaugurated the show. The projects from Olympia Group were well received and was appreciated by the people for bringing in International living standards to Chennai. The villa project Olympia Panache was the most sought after project. This independent villa project on the main OMR Navallur attracted the people with its stunning elevation, luxury features and active construction progress. The Property show organised at a Luxury hotel in Central London was well received by the Non Resident Indians who were looking at investing in their hometown.

3 We are happy to announce that more than 150 families who have moved into Opaline!! A music night with some short eats were organised by the Olympia Group for the residents on a Week end. All the residents were enthusiatic and throughroughly enjoyed the show. We had the young opaline citizens performing with Hindi and English songs. The music was a mix of popular Hindi and Tamil songs. A dance performance was given by some the residents which thrilled all present.

4 WORK PROGRESS COMMENCED HANDOVER AND INTERIOR WORKS OF CUSTOMERS IN PROGRESS COMMENCED HANDOVER AND INTERIOR WORKS OF CUSTOMERS IN PROGRESS Coral & Citrine blocks completely handed over. Jade & Amethyst blocks partially handed over and in many units Interior The Club Opal is ready and soft launch is planned in September Fitouts have started. Aquamarine, Amber and Garnet would be handover next for Interiors.

5 Construction Industry Award 2012 The recently concluded Construction Industry Award 2012 saw Olympia Group add another award for Excellence in Eco Friendly Projects. The Award was presented by Dr. K Rosaiah, His Excellency The Governor of Tamil Nadu. The event held on 16th September 2012 at Music Academy saw eminent Architects, Builders & Contractors felicitated. Conference on Energy Efficiency Improvement and Alternate Energy Source Olympia Group was invited to present in a Conference on Energy Efficiency Improvement and Alternate Energy Sources organized on 17 July 2012, Chennai by the Confederation of the Indian Industry and for addressing the participants on the topic Olympia Tech Park A Case Study for Energy Efficient Buildings. The frequent power cuts due to the shortage of power is experienced by all and CII wanted to explore the opportunities presented by Alternate Energy Sources. The Conference had many eminent speakers from the Energy Sector with Mr. Sudhip Jain - Managing Director of Tamil Nadu Energy Development Agency (TEDA) addressing the gathering as Special invitee. Julian Francis, AGM Marketing & Sales on behalf of the Olympia Group presented about the features of Olympia Technology Park and how by various proven technology and usage of alternate materials/ equipments Olympia was able to reduce the power demand itself by way of which the occupants enjoy less operations cost on running & maintenance.

6 Independence Day Celebrations The Independence Day of India, celebrated on 15 August, is a holiday commemorating India's independence from the British rule and its birth as a sovereign nation on 15 August India achieved independence following the Indian independence movement noted for largely peaceful nonviolent resistance and civil disobedience led by the Indian National Congress. Opaline residents celebrated Independence day with much patriotism with hoisting of the National Flag by Mr. A. Krishnan, President, Consumer Redressal Forum - Erode District. Opaline management conducted a DRAWING COMPETITION for the children in the complex and prizes and certificates were distributed on Independence day before the proud parents.

7 WORK PROGRESS The construction is in full swing for all the villas. A model villa with all the original fitting as part of the specification offered is currently under finishing stages.

8 Luxury properties and India Arun Bhalla, Design Director, RSP Design Consultants (India) Pvt Ltd. Luxury properties in India are a derivative of aspirations of the rich and the nouveau riche!! Homes are emerging as an indicator of an individual s social position. A luxury home is representative of having arrived or having made it social hierarchy. One reason why the luxury housing space has always been in demand is the way it has been presented and sold to customers. Projects in the segment have always been presented as unique in terms of design, innovation, services and amenities. Location is a key factor. Almost all luxury properties claim to insulate you from the hustle and bustle of city life. Changing lifestyle Premium customers also demand world-class décor. And this has been an interesting emerging trend of focus: flats are being equipped with cutting-edge materials, gadgets and trimmings. Luxury India Vs. Overseas Compared to our exposure overseas we have seem a trend wherein luxury properties in India are becoming more and more similar to standards and experiences overseas. However, in actual interior planning social mores do play an important part as can be seen in planning for kitchens, incorporation of prayer or poja room etc. Potential of luxury projects in chennai Chennai has typically been seen as a comparitively conservative market but in the recent years we see an increase in demand for luxury housing and villas as defined above. Super-luxury homes are more like plush hotels - and they are the flavour of the times. The evolution One reason why the luxury housing space has always been in demand is the way it has been presented and sold to customers. Projects in the segment have always been presented as unique in terms of design, innovation, services and amenities.

9 The construction contract for Olympia Grande has been awarded to Larsen & Toubro Ltd. The construction work at site has commenced. Olympia Grande is a preimum apartment development on the main Pallavaram road just 2 kms away from the airport. Olympia Grande which will be first high rise with stilt + 11 floors in this part of the city has offereings starting from 1, 2, 2.5, 3 & 4 bhk options. The size of the apartments varies from 652 sq ft to 2350 sq ft. The commuity has a Boutique Club with a swimming pool, function hall & indoor games and a ample open space as play area for the enjoyment of the residents. A show apartment is ready at site for visits. We have fully fledged Sales office, working 7 days a week 10 am 7 pm.

10 Khirvaj Motors opened their new Maruthi Showroom in Perungudi - on the main OMR just before the TOLL. This facility would service the needs of the Maruthi s existing and future customers. Khivraj opens new Maruti Suzuki SSS centre in Perungudi on OMR. Sales: Mr. Ashok Service: Mr. John

11 OUR CURRENT PROJECTS Premium residential apartment on the main OMR Navallur Luxury independent villas on the main OMR Navallur, Chennai Luxury Duplex Apartments, Navallur, OMR - Chennai Premium Apartments on the main GST Road Pallavaram,Chennai Resort Sky Apartment Villas Thiruvidanthai, ECR. Launching Soon Premium residential apartment on the main OMR Navallur, Chennai, Corporate Office: Khivraj Tech Park Pvt. Ltd., Olympia Infratech Pvt. Ltd., Olympia Technology Park, Plot #1, Sidco Industrial Estate, Guindy, Chennai: Phone: /74/75 Opaline: Grande: Panache: Reflection: sales@olympiagroup.in

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