Red mall retail shops, 9654953105, RED MALL GHAZIABAD
Promoter ProfileMr. Rakesh BabbarMr. Rakesh Babbar joined the Board of IAL as Director before which he successfully ran his family businessof electronics distribution. He was particularly successful in reviving Appu Ghar, Pragati Maiden, whichreceived a footfall of 1.4 million in a year.Having more than 15 years of experience in the field of theme parks, he is also the Managing Director ofIRPPL and Director of UAPL. He has been instrumental in the success and development of EntertainmentDestinations at Noida (GIP and Worlds of Wonder) and Rohini (Adventure Island) respectively. He has alsobeen actively involved in the strategy and development of the amusement parks in Jaipur and Gurgaon.Mr. Navjeet Singh SobtiMr. N.S. Sobti is the main promoter of Almodz Group and under his leadership it has maintained its topranking in private placement of debt in India for the last six years. He has been instrumental in setting upthe Infrastructure Advisory Group and with his vision and expertise, Almondz is now providinginfrastructure advisory to a number of projects, especially in the Road and Power sector.Mr. Sanjeev BewtraAfter a successful stint in the electronics industry, Mr. Bewtra became a part of IAL in the capacity ofDirector, in charge of Sales and Marketing of Appu Ghar, Pragati Maiden. Along with Mr. Babbar, he wasalso instrumental in reviving sales of the amusement park. He is currently a Director in EOD (Every OtherDay) looking after the sales and operations.
11 acre Freehold auction commercial property, a rarity in NCR A sprawling mall of 10,00,000 sq. ft. area, the biggest in Ghaziabad and one of the biggest in NCR Major construction work completed and remaining on schedule Available for possession in 2-3 months Official launch on Dec 25th , 2012 A host of leading global brands already signed :Features of R.E.D
Investment Proposal : Phase IParticulars DetailsType of property FreeholdExpected Possession 2-3 monthsMinimum area (per sq.ft.) 500Current Price (INR per sq. ft.)16,364 (Ground Floor)13,091 (First Floor)8,728 (Second Floor)Assured Rental (INR per sq. ft.)150 (Ground Floor)120 (First Floor)80 (Second Floor)Rental Yield 11%Investment Multiples (INR) 81,82,000/ 65,45,500/ 43,64,000Note:• In case of lower rental, all loses will be borne by R.E.D• In case of higher rentals, all profits would be split 50-50