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Ajmera's seeks joint ventures with international companies with desire to
establish their presence in Mumbai/India. These ventures will leverage the
inherent strengths of each partner to the greater benefit of both.
Joint Venture Partnership
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1. Under this approach - Joint Venture company will be set up to handle
operations
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2. Existing properties and projects will be merged under the new entity
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3. All new projects in the future will be undertaken by the JV company.
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4. The participation under this route will be both technical and financial
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5. The details of association will depend upon the partner and the value they
bring to the venture
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6. The proposal envisages using joint strengths to diversify the current
portfolio from residential development to - Malls, Infrastructure projects,
large townships, hotels, roads, hospitals, etc.
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7. Drive growth through professional set up and become a No. 1 [listed] company
Benefits to AJMERAS
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1. Equity participation and access to international project management skills
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2. Diversification into new areas - Infrastructure projects, hospitals, mass
housing,retail etc.
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3. Goodwill of the international partner
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4. Best practices, process & system driven management
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5. Taking over operations responsibility
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6. Enhancement of Brand Equity
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7. Improved construction quality and timely completion of projects.
Benefits to Joint Venture Partner
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1. A single company alliance which has huge land holdings
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2. Opportunity to undertake multiple projects simultaneously
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3. Advantage of teaming up with a financially strong partner with properties
across Mumbai.
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4. Opportunity to extend association into infrastructure & other mass
projects
Alliances with VC's - Reality Funds
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1. Acquisition of land is the lifeline of this business
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2. AJMERA'S already has large land holdings - but to sustain growth & the
maintain leadership position new land acquisitions are important
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3. Hence a strong financial partner - who has interest in the business will
complement and support AJMERA'S core competency to acquire land holdings
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4. VC's involvement & association will be strategic and project specific
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5. Project delivery will be AJMERA'S responsibility
Equity participation in Real Estate Funds
AJMERA'S group is open to equity participation in Real estate
funds from reputed companies like HDFC, SBI, ICICI and private funds.
Depending upon the size we can commit a sum, that will enable us to hold
a substantial stake in the fund.
If there are any such opportunities, we are willing to look at them.
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