Our Current and Future Projects · TOD projects - the central station complex becomes more multifunctional The linkage system is more thematic to satisfy a diversity of needs

Our Current and Future Projects

Tamarind Hall

India Habitat Centre

Lodhi Road, New Delhi

Thursday, September 15, 2016

Railway Station Redevelopment

A WORLD CLASS STATION …

2

…will provide state of the art facilities

to the passengers…

…will leverage the real estate potential of the land and air space in

and around the station.

…will incorporate architecture that shall reflect the culture and

the character of the city.

…will integrate development for a comfortable and

efficient passenger experience.

…will be self financing and would also

generate revenue for railway.

3

Iconic Structure

Segregation: Arrival/ Departure

Planning for next 40 years

Multi modal transit hub

Integrating both sides of the city

Energy efficient

Disabled friendly

Enhancing passengers’ delight

MAIN FEATURES

4

TOD projects - the central station complex becomes more multifunctional

The linkage system is more thematic to satisfy a diversity of needs

Station areas as places for exchange of ideas and promotion of lifestyle and culture

A physical framework that incorporates innovations in urban design and interaction design

The railway stations becoming nerve centres for ‘Smart Cities’

The transportation function plays a supportive role and no longer a central role.

WORLD’S LARGEST TOD PROGRAM

5

Ownership of land

Strategically placed

Studied well for implementation

Model under implementation

Real Estate component– Complex formalities

Competition from upcoming/planned projects in the cities

Volatility in real estate valuations.

Huge potential, growing system

FDI – 100%

STRENGTHS

THREATS

WEAKNESSES

OPPORTUNITIES

SWOT ANALYSIS

IMPLEMENTATION STRATEGY

6

Developer

Real Estate Railway Station

Development in 3 yrsO&M for 3+12 years

Transfer

IRSDC/ Railway

Premium

Lease, Development Rights and Right of Way

IRSDC

The developer will fund the development of station, using the revenues from real estate.

Developer will transfer station assets to railways and operate the station for 3+12 years through a O&M contract.

Before completion of station development, developer will not be permitted to earn revenues from real estate.

Develop in 8 yrs maxLease 45 yrs

ISSUES TO BE ADDRESSED AT STATIONS: SEVEN ‘C’s

7

Conservation

8

Traffic

Police

Airport

Authority of

India

AUTHORITY CONSULTATION/ APPROVAL

9

WHO CAN APPLY? INDIVIDUAL, PRIVATE

ENTITY

1

MANDOATORY LEAD MEMBER IN

CONSORTIUM

26%

LEAD MEMBER’S MIN. EQUITY IN SPC

4

MAX NUMBER OF MEMBERS IN CONSORTIUM

NO CONFLICT OF INTEREST

>=

51%EQUITY OF MEMBERS. LATER OF: 2ND ANNIV. OR FULL PAYMENTS

PROJECT BACKING BY THE FUNDING BANK

DEVELOPER ELIGIBILITY CRITERIA

10

½

PROJECT

COST

MINIMUM NET WORTH IN

PRECEDING FIN. YR.

EXPERIENCE LED SFM, EITHER HIRED OR

OUTSOURCED

TECHNICAL CAPACITY: PAST 5 YR REVENUE = 2X “PROJECT COST”

CAT

1PPP in SIMILAR WORKS, >=26%

EQUITY

CAT

3

EPC in SIMILAR WORKS

CAT

4

EPC in CORE SECTOR

CAT

2

PPP in CORE SECTOR, >=26% EQUITY

TEC

HN

ICA

L C

AP

AC

ITY

, ELI

GIB

LE

EX

PER

IEN

CE C

ATE

GO

RIE

SDEVELOPER ELIGIBILITY CRITERIA

11

1.25

CATEGORY 1

0.75

CATEGORY 3

0.75

CATEGORY 4

1

CATEGORY 2

FA

CTO

RS O

F E

XP

ER

IEN

CE

AC

RO

SS C

ATE

GO

RIE

S

𝐸𝑥𝑝𝑒𝑟𝑖𝑒𝑛𝑐𝑒 𝑆𝑐𝑜𝑟𝑒 = (𝐸𝑙𝑖𝑔𝑖𝑏𝑙𝑒 𝑃𝑎𝑦𝑚𝑒𝑛𝑡𝑠 𝑎𝑛𝑑/𝑜𝑟 𝑅𝑒𝑐𝑒𝑖𝑝𝑡𝑠 ÷ 10,000,000) × 𝐹𝑎𝑐𝑡𝑜𝑟 𝑜𝑓 𝐸𝑥𝑝𝑒𝑟𝑖𝑒𝑛𝑐𝑒

* In case the Applicant has experience across different categories, the score for each category

would be computed as above and then aggregated to arrive at its Experience Score.

** paid for, or received payments for, construction of Eligible Project(s) under Category 1-4;

and/ or paid for development of Eligible Project(s) in Category 1 and/or Category 2; and/ or

collected and appropriated revenues from Eligible Project(s) in Category 1 and/or Category 2

* **

DEVELOPER ELIGIBILITY CRITERIA

12

COST OF ULITITIES FOR ENTIRE

CONCESSION PERIOD

CONSTRUCTION TO NOT OBSTRUCT TRAIN

NO TRACK, TELECOM, S&T WORK; RAIL,

OPERATION

NO OBSTRUCTION BY MOBILITY PLAN

OPERATIONS

ALL UTILITIES TO BE ARRANGED BY

DEVELOPER

COMMON INFORMATION

SYSTEM AT STATION

DEVELOPER OBLIGATIONS

13

CONSTRUCTION STRICTLY AS PER EMPLOYER REQ.

O&M

5-15

YRS

RAILWAY STATIONDESIGN, PROOF CHECKS, APPROVALS

BY DEVELOPER

DEVELOPMENT OF RAILWAY AMENITIES

AND OFFICE

RAILWAY STAFF QUARTERS

STATION AMENITIES, STAFF QTRS & OFFICE

RELOCATING QTRS., OFFICES, BUILDINGS

PASSENGER PLAN TO NOT OBSTRUCT

VEHICULAR TRAFFIC

*INDICATIVE, SHALL BE MENTIONED IN THE RFP DOCUMENT AT THE BIDDING STAGE.

DEVELOPER OBLIGATIONS*

14

PARKING, part ADVT., LICENSE REVENUE,

COMMERCIAL RENT

NO RESTRICTION ON COMMERCIAL. SUB. TO LOCAL BODY APP.

LEASE

RIGHTS

ONLY LEASE RIGHTS CAN BE MORTGAGED

LICENSE

ONLY

RLY. STN. SPACE CANNOT BE LEASED,

ONLY LICENSED

NO LAND

SUB-

LEASE

LAND CANNOT BE SUB-LEASED OR

MORTGAGED

COMMERCIAL ASPECTS

8

REAL ESTATE DEVELOPMENT

15

Vacant land and air rights

Model Development Agreement (available on www.irsdc.com)

SPV to be formed for Station Development

Proposed lease period in years

3 years within which station development is to be accomplished

years within which commercial development is envisaged

Land cannot be mortgaged: ownership

always with Railways

Commissioning of Commercial Development:

after commissioning of station development

Advance Marketing: permitted through

Escrow mechanism

No residential development permitted

45

HABIBGANJ TIMELINE

16

31 Jan 2013

GMP (Germany) and ICT

(India)

22 Apr 2013

Ernst & Young.

Architecture &Technical Consultants

Financial &Bid Advisor

29 Oct 2013

Master Plan

Submitted

Submission ofMaster Plan

11 Jul 2014

Received from WCR for

Phase I.

Approval ofArchitectural

Concept

03 Oct 2014

Local Body Approvals

Recd.

Local BodyApprovals

03 Oct 2014

RFQ Invited

Invitation ofRFQ

18 Feb 2015

RFQ Finalized

Finalization ofRFQ

22 Feb 2016

RFP, Financial bids recd.

Receipt of RFPAnd Financial

Bids

14 July 2016

Developer Agreement Signed

Signing ofDeveloper Agreement

SURAT MMTH TIMELINE

17

06 Jan 2015

aXYKno Capital

Services, Nagpur

06 Jan 2015

aXYKno Capital

Services, Nagpur



31 Mar 2015

Master Plan

Submitted


21 Apr 2015

Received with

conditions


Concept

13 Aug 2015

Local Body returns

MP for resubmission

Local BodyApprovals

25 May 2016

EoI Invited

Invitation ofEoI

17 Aug 2016

MOU signed between

ISRDC, GSRTC & SMC

Signing of MoU

29 Mar 2017

Target for issue of

LOA


03, 13 May 2015

Held @ Mumbai, Surat

Pre-applicationConference

18

SPC

UNIQUEFirst of its kind attempted in India, bringing together three levels of government: CENTRAL, STATE AND MUNICIPAL GOVERNMENT

PURPOSEPurpose: Development of Multi Modal Transport Hub at the Surat Railway Station: Bus Terminal, Train, LDB, Metro, Auto, BRT, City Bus Service etc.

IRSDC

Station redevelopment, funded by commercial development on leasehold rights for the lease period of 90 years on the vacant railway land and air space.

GSRTC

Central Bus Terminal (GSRTC) funded by commercial development on leasehold rights for the lease period of 90 years on the vacant GSRTC land and air space.

SMC Provides utility infrastructure support and policy/land support.

OWNERSHIP To lie vested in the promoters. Only developmental rights transferred to JVC.

SURAT MMTH = IRSDC + GSRTC + SMC

KEY AREAS OF SURAT MULTIMODAL INTEGRATION

19

POLICY Legislation, strategic vision, policy and guidelines, Land use and transport integration, Funding

NETWORK

PLANNING

Comprehensive mobility plan for all the modes for the entire city or the urban agglomeration to ensure complementarity and integration)

INSTITUTIONSUnified authority for planning, coordination and monitoring of transport across different modes and operators

INFRAWell designed stations, terminals, interchanges, pedestrian crossings, footpaths and parking near / at the stations / terminals

FAREIntegrated ticketing using smartcard and /or other smart technologies to allow seamless access and payment across different modes and operators

OPERATIONS Well designed connections to reduce waiting time between Interchange or transfer

INFORMATION Integrated information across different modes and operators

20

3D VIEW

21

3D VIEW

22

3D VIEW

23

3D VIEW

24

3D VIEW

25

3D VIEW

26

3D VIEW

27

3D VIEW

ANAND VIHAR TIMELINE

28

29 Apr 2013

DIMTS

29 Apr 2013

DIMTS



04 Nov 2013

Master Plan

Submitted


22 Jan 2015

Received with

conditions


Concept

08 May 2015

UTTIPEC transportation &

circulation clearance

Local BodyApprovals

29 Oct 2015

DUAC gives approval

Master PlanApproval

22 Feb 2016

13 RFQs opened.

All qualify.

Receipt of RFQ

TBA

Mar’17 target date

for Issue of LOA


30 Sep 2015

Finalized by JSC

Financial BusinessPlan Finalization

BIJWASAN TIMELINE

29

01 Feb 2013

SENER, Spain

BARSYL India

22 Apr 2013

Ernst & Young



13 Sep 2013

Master Plan

Submitted


25 Mar 2015

Received with

conditions


Concept

08 May 2015

UTTIPEC transportation &

circulation clearance

Local BodyApprovals

19 May 2016

DUAC gives approval

Conceptual StageClearance

01 Mar 2016

09 RFQs opened.

Under scrutiny

Receipt of RFQ

TBA

Mar’17 target for

issue of LOA


08 Sep 2015

Height Clearance

AAI Clearance

CHANDIGARH TIMELINE

30

31 Jan 2013

GMP, Germany &

ICT, India

22 Apr 2013

Ernst & Young



23 Aug 2013

Master Plan

Submitted


05 Dec 2014

Clearance Received

from HQ


Concept

09 Jul 2015

UT Chandigarh conveys

NOC/ Approval

Local BodyApprovals

TBD

Pending

Invitation of RFQ

TBD

Pending

Receipt of RFP

TBD

Pending


Dec 2015

Haryana NOC Received

Wild Life Approval

SHIVAJINAGAR TIMELINE

31

18 Feb 2013

Sener, Spain &

Barsyl, India

22 Apr 2013

Ernst & Young



06 Sep 2013

Master Plan

Submitted


27 Mar 2014

Appproval for Phase-

III w/ conditions


Concept

14 Jul 2016

PMC Forwarded

Recommendations to GoM

Local BodyApprovals

TBD

Pending

Invitation of RFP

TBD

Pending


TBD

Pending

Invitation of RFQ

GANDHINAGAR TIMELINE

32

03 Jun 2015

Consortium of Arch. Kamlesh

Parekh & Knight Frank, India

03 Jun 2016

Consortium of Arch. Kamlesh

Parekh & Knight Frank, India



24 Aug 2016

Meeting held

with DEA


15 Sep 2016

Plan & Report

Submission Likely


Concept

Master Plan Agreed by GoG

Local BodyApprovals

TBD

Pending

Receipt of RFP

TBD

Pending


TBD

Pending, key VGF

decision

Invitation of RFQ

ADDITIONAL RLY. STATIONS ENTRUSTED TO IRSDC

33

GWALIOR RAILWAY STATION BAIYAPPANAHALLI RAILWAY STATION GANDHINAGAR RAILWAY STATION, JAIPUR

AMRITSAR RAILWAY STATION NAGPUR RAILWAY STATION

34

FEEDBACK PROJECT SIZE PROJECT STRUCTURE

DEVELOPMENTAL MODEL

ELIGIBILITY CRITERIACONCESSIONAL

FRAMEWORK OF PPP MODEL

BID PARAMETERS AND EVALUATION

METHODOLOGY

COMMERCIAL STRUCTURE

TOPICS OF DISCUSSION AND Q&A

Documents

Our Current and Future Projects · TOD projects - the central station complex becomes more multifunctional The linkage system is more thematic to satisfy a diversity of needs