Joint Venture

TGF Health Estate @ Harohalli sAGe

Radiating out of Bengaluru city down south is undoubtedly the most picturesque drive is National Highway –NH 209- the alternate route to Mysore city - Coorg - Bandipur –ooty-Coimbatore, NH-209 surpasses all other highways in greenery and cooler temperature.

The project site –sAGe- is 40km from city centre at Harohalli between Kanakapura and Art of Living (AOL).

Harohalli growing at a fast pace will soon come under the BBMP limits whilst retaining the greenery due to numerous lakes all along and relatively higher water table and close proximity to cauvery basin. This highway is well connected from NICE road and enjoys accessibility to different parts of Bengaluru and can be reached in less than an hour's drive. Work on Peripheral Ring Road (PRR) connects to Tumkur road,Old Madras Road and Hosur Road.

Namma Metro phase 2 proposed is along this NH-209 highway and touched AOL.BMTC city buses ply at regular intervals and the stops are just a few mins away from the site.The Real estate prices along the NH 209 has seen steady growth at 10% per annum and apartments command prices as high as Bangalore city prices.

The site sAGe is bang opposite the Cauvery water pump station and enjoys 24hrs power & Water supplies. Its a single 33 Acre plot full of greenery formed by over a 1000 coconut & Mangrove.

TGF HEALTH-ESTATE (TGF- HE) is the location of the project at Harohalli, Kanakapura taluk, Ramnagaram Dist. B'lore rural.

The idea is to promote AN INTEGRATED TOWNSHIP IN ITS TRUE SENSE, with
emphasis on dwellings of all types;
Villas, Villaments, Apartments, Row Houses
WEEKEND HOMES on rentals /time share basis.
Commercial buildings, hospitals , malls, utility complexes..etc
The foundation will offer land to any Entrepreneur/ builder/developer for
construction of dwellings /commercial buildings as per his expertise/choice.

TGF HEALTH ESTATE Project Land Use Breakdown Plan.
The land use plan delineates the projects into distinct development activities with their associated requirements for acreage.

The focus of this business plan is the capitalization of the initial phase of development activity to include the senior housing initiatives and the take-down of the entirety of the site.

Spread over 32+ acres of pristine mother earth

PHASE 1; beckons you to The Golden Family commercial – 7.17 acres

PHASE 2; Recreational / business (TECH) park /convention hall / Entertainment / Mall & cinemas /Health centre – 10+ acres

PHASE 3; Apartment complex & staff qtrs – 1.20 acres

PHASE 4; Villas / villaments – 8 acres

PHASE 5; Senior Living – CCRCs -3.34 acres

PHASE 6; Sports Arena -20 acres

PHASE 7; Residential layout

The entire project shall always remain with the Dr.HF. The dwellings will be under “joint-holdings” with only 49% sold/registered to prospective buyers / end-users, out right sale or rental / lease basis.

The dwellings will be sold with a guarantee of buy-back (at guidance value as determined by Govt.Panchayat / Sub-registrar) or at the original price bought by the buyer.

THE PLAN: Unique proposition to Builders/Developers BUILD & TRANSFER basis.. *

PROMOTERS ROLE / Foundation: The foundation shall provide land for the builder to build a Mock-Up dwelling. The foundation will be responsible for all requisite permissions and statutory approvals.

The foundation shall provide all civic amenities including roads, power, water etc..
The marketing shall solely rest with the foundation.

BUILDER /DEVELOPER ROLE : The builder shall build a mock up dwelling at his cost in the allotted piece of land and handover the same to the foundation.

The costs are worked out adding the margin of profits , inflation/ escalation costs.

The construction quality will be supervised by a technical committee formed by the promoter , the developer and a third party quality agency.

BUILD & TRANSFER PROPOSAL FOR BUILDERS /developers

The Dr.Harish Foundation shall enter into a Joint Venture Development Agreement with chosen builders. A minimum of 1 acre ( farm land concept & old age home ) need not be converted and fully developed with roads, drainage, electricity, water and other civic amenities) with all statutory approvals and sanctions is offered @Rs.2,500/-Sft.( two thousand five hundred rupees only).

At the MOU stage, the builder pays 25% of the developed land value or Rs.2.5 cr as refundable security deposit for a Min. of 1 acre after the builders proposal is whetted by a Technical committee of the Dr Harish Foundation. The deposit shall not carry an interest. The time limit to initiate is 1 months and maximum of 3 months.

Project Business Plan & Executive Summary

The Company intends to develop all 33 acres as part of a master-planned community development program undertaking that will be developed on a for-profit basis.

The Profit Company is Dr HARISH FOUNDATION & Associate companies

The development of the projects on the Project Site will be in four (4) distinct phases of development activity:

(i) a senior housing development program; and

(ii) Dr.FRIDAYS HEALTHCARE ECOSYSTEM

(iii) a commercial space program for the majority of the site; and

(iv) a convention center hotel and business park.