1. The document provides information on the ATS Dolce residential project located in Greater Noida. It is a 14-acre development comprising 1308 apartments and 14 villas across 13 blocks up to 29 floors.
2. Key details include the location in Sector Zeta 1 Greater Noida near major landmarks, unit sizes ranging from 1200-2800 sqft, and amenities like swimming pool, gym and 24/7 power backup.
3. The project quality is backed by the developer ATS Group's 16+ years of experience in timely delivering large residential projects and an in-house civil team to control timelines.
1. ATS Dolce
Rating assigned: ‘NCR 5 Star’
August 2014
Project Profile
Type of project Residential
Location of project Plot No. GH-12 A, Sector Zeta One, Greater Noida
Type of development On lease from GNIDA
Land Area 14 acres
Total saleable area 2.43 million sq ft.
No of blocks 13
No of units 1308 apartments +14 villas
Unit configuration 2, 3 and 4 BHK (1240,1500, 1540, 1800, 2315 & 2800 sq ft)
No. of floors Up to Ground Floor + 29 floors
■ Location: It is situated at Sector Zeta 1 in Greater Noida. The project is located at a distance of 5 km from Pari Chowk
(less than 10 minutes’ drive), a major landmark in Greater Noida. Knowledge Park (8 km) and Yamuna Expressway (11
km) are also within a convenient distance from the project. In addition, there are several schools, institutions, hospitals,
and malls in close vicinity. The project is 55 km from Delhi Airport and 45 km from New Delhi railway station.
For the location map, please refer to http://www.dolce.atsgreens.com/dolce-location.html
2. 2
CREST Rating Report 2014
Pricing Table
Loading on carpet area 32% to 36%
Base price Rs.4.3 million – Rs.9.8 million (Nov 2013) (Super Built Up)*
Rs.4.7 million – Rs.10. million (July 2014) (Super Built Up)*
Stamp Duty As per competent authority
Registration Charges As per competent authority
VAT As per competent authority
Service Tax As per competent authority
Legal Charges Not specified
Parking charges Nil
Maintenance deposit Rs.50,000
Power Back-up Rs.1,00,000
Lease rent Payable on demand
* The ticket range is calculated on base price of the project
Sponsor Profile
Name of the project Samraat Tropicano
Name & address of the company
developing the project
Domus Greens Pvt. Ltd.
711/92, Deepali, Nehru Place, New Delhi -110019
Name of the developer group ATS Group
Promoters/Partners/Managing
Director
Chairman and Managing Director - Mr. Getamber Anand
Directors - Mr.Vipul Maheshwari, Mr. Nitin Goel, Mr. Alok
Aggarwal
Developer website www.atsgreens.com
Track record in years 16 years (Since 1998)
Project Rating Drivers
Project construction quality and amenities
Construction quality:
The structural quality of the project is backed by the sound track record of the concept architect (M/s Hafeez Contractor, Mumbai),
the structural consultant (M/s CE Con Engg, New Delhi), and in-house civil team. The project has been designed in conformance
with the seismic zone requirements.
Mobilisation of construction
material on-site
3. 3
Quality measures
Onsite testing laboratory
External testing
Soil test report
Designed as per seismic zone requirements
■ Amenities: The project will have jogging track, swimming pool, squash court, tennis court, badminton court, shopping
facility, children’s play area, lifestyle club with gym, multipurpose hall, 3-tier security system, and 24x7 power backup.
Project legal quality
The legal quality of the project is backed by clear and marketable land title and a detailed agreement for sale mentioning
clauses such as delay compensation, payment schedule, pricing table, maintenance clauses, specifications, formation of
association, and payment default. However, the agreement does not provide defect liability clause, title search report, and
sanctioned layout plans. Clearance from Central Ground Water Authority is in process.
Checklist of clauses included in construction and sales agreement
Possession Date
Grace Period
Saleable area mentioned Built-up Area
Default Implication
Delay Compensation
Defect Liability Period (No of years)
Payment schedule Construction Linked and Down Payment
Maintenance clause
Holding Clause
Escalation Clause
Specifications
Amenities
Plan Layout
Floor Plan
Parking Space Allotment details
Title search certificate Annexed
Approvals
Applied approval details
Land conveyance done
4. 4
CREST Rating Report 2014
Project financial quality
Project’s financial quality is marked by strong support from private equity investors and healthy sales; the group has a sound track
record of providing successful exits to PE investors. The project construction cost of Rs.6030 million for both Phase I and Phase II
will be funded through a mix of customer advances, internal accruals, private equity, and bank lines.
Project sponsor quality
The project sponsor quality is marked by developer’s sound track record of timely delivery of large residential projects.
The developer has undertaken projects mainly in the residential segment and charges a premium over other developers because of
its strong brand.
As per company strategy, the sponsor has relied on in-house civil team since inception to control project timeline. As on March 31,
2013, the sponsor had a net worth of Rs.4296 million.