Company overview

GREENTOWN HOME DEVELOPERS has nearly 20 years of track record of sustained growth, customer satisfaction, and innovation. The company has business development potential with a clearly defined investment strategy of projects.

The primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals. Its exposure across businesses, segments and geographies, mitigates any down-cycles in the market. From developing resort , commercial offices , hi end residences , serviced apartments , hotels and mini farms our mission is to establish our brand in India.

green town home developers

Development Business

The development business includes Homes and Commercial Complexes.
The Homes business caters to 3 segments of the residential market – Super Luxury, Luxury and Premium. The product offering involves a wide range of products including condominiums, duplexes, row houses and apartments of varying sizes.
The commercial business caters to different segments – resort development, hotels / serviced apartments and office suites.
Greentown home developers are credited with pioneering the concept (Return based) commercial complexes and have successfully launched a innovative concept and is in the process of marking its presence across various locations in India.
The development business at present has 223 msf of development potential.

Annuity Business

The annuity business consists of the rental businesses of offices and retail
Greentown home developers are a name synonymous with global standards, new generation entertainment developments, workspaces and lifestyles. It has the distinction of developing commercial projects with a vision to to make it sustainable and profitable.
The retail revolution in the country with enjoyment seeking young population has brought about a paradigm shift in the industry by redefining shopping, recreation and leisure experiences. Greentown home developers continue to actively create new shopping and entertainment spaces all over the country.
The company currently has land resource of 46 msf owned by our dedicated investors for developing the projects which are in demand and in the best of locations.
We have a strong management team and our mission is to build a world-class real estate development company with the highest standards of professionalism, ethics and customer service and to thereby contribute to and benefit from the growth of the Indian economy.

GREENTOWN HOME DEVELOPERS: A real estate company focused on unique property investment opportunities in India

Highlights

  • Highly experienced senior management team led by Mr. Sanjay Lakhanpaul, Founder with a track record of over 15 years
  • Managed by a team of 65+ professionals and executives with significant expertise in all aspects of investment and asset management
  • Geographically focused on India, with an a vision to create opportunities for the young for recreation and leisure.
  • Investment focus on:
    • Cash flow, principally targeting commercial assets let or to be let to multinational corporate and financial institutions under long term triple-net leases, supported in certain cases by parent company guarantee
    • Transformation of distressed, underperforming, or mispriced real estate assets into high quality, marketable properties through active asset management
    • Additional investments including sale and leaseback opportunities and build to suit developments with several multinational corporates and financial institutions are being explored

Clearly Defined Investment Strategy
We focus on generating attractive risk-adjusted returns, made up of a combination of yield and capital appreciation, by investing in a diversified portfolio of properties.

Profile of Underlying Investments

  • Focus on commercial assets (existing or to be developed)
  • Geographically located in the best suitable locations with a primary focus on RESORTS, HOTEL/SERVICED APARTMENTS, MINI FARM HOUSE ETC.
  • Most of the income to be derived from commercially viable business oriented developments.

Investment Themes

  • Distressed investments
    • Acquisition of unfinished or partially-let commercial buildings at prices below replacement cost
  • Restructuring
    • Acquisition of real estate owned by financial institutions or others seeking to restructure their balance sheets through monetisation
  • Developments with pre-lettings from high quality tenants
  • Arbitrage opportunities
    • Acquisition of properties which by securing multinational tenants on long triple-net leases can create an arbitrage between the acquisition yield and the cost of structured financing

 Borrowing / Dividend Policy

  • Loan-to-value ≤ 60% at Group level
  • Intention to distribute maximum percentage of available profits represented by recurring net free cash flow from the underlying investments in cash on a semi-annual basis

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