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THE “ KUBER HEIGHTS “ FINANCIAL CENTRE
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Mar ‘ 2013 The Planning and Design Lab Rev 02
The Mumbai Megaproject
Second Edition
The Kuber Heights Financial Centre
An Initiative of the Planning & Design Lab
Copyright March ‘ 2013
This material is protected by Indian copyright law
Revision 02
28th
Mar ‘ 2013
Busybric Infrastructure Pvt. Ltd.
THE “ KUBER HEIGHTS “ FINANCIAL CENTRE
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© Protected by Indian copyright 2013
Busybric Infrastructure and The Nataraja Foundation are the owners of this project design basis. Further development of the
project is hereby assigned to “ The Planning and Design Lab “, which is a joint initiative of Busybric Infrastructure and The
Nataraja Foundation .
BusyBric Infrastructure is a next generation infrastructure concept, design and implementation company with an agenda to
bring totally new ideas to the Infrastructure business in India. ( website : www.busybric.com )
The Nataraja Foundation on the other hand,is an independent organization which promotes rigorous study of issues pertaining
to India and attempts to provide solutions for large social and economic challenges. ( website : www.nataraja.org.in )
The Nataraja Foundation is the promoter of “ The Indian Education Megaproject “. The Education Megaproject is a plan to
provide high quality education, totally free of cost to 126 Million Children in 28 states and 7 union territories across India. The
entire financing of Rs. 6 Lakh Crores ( US $ 131.38 Billion ) for this project is to be raised independent of central and state
budgets. A detailed plan to execute the Education Megaproject has been submitted to the Ministry of HRD and the Planning
Commission, Govt. Of India. Those interested can view and download all the project documents including detailed calculations
and the financing scheme from the Nataraja Foundation website : http://www.nataraja.org.in/masseducationproject.htm
Together, Busybric Infrastructure and The Nataraja Foundation have an agenda to provide thought leadership in the areas of
Education, Healthcare, Urban Infrastructure and a number of other matters of national interest.
The projects Busybric and Nataraja promote are in the public interest for people in India and around the world. We therefore
would like to share our ideas with like minded individuals and organizations globally for the service of the public with the
caveat that the source of information ( this report ) be mentioned in each case while referring to the information and unique
ideas contained herein to avoid legal action.
All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or
mechanical including photocopying, recording or any information storage or retrieval system, without the prior written
permission of the Planning and Design Lab.
Those interested in knowing more about our work may write to us at the following address :
Current mailing address :
The Planning & Design Lab
104, Parshudhar Building, Plot No 5, Sector 25
Nerul ( East ), Navi Mumbai 400706
Maharashtra, India
T: + 91- 22 2 7707623
M: + 91-9867612368
E Mail : nataraja.foundation@gmail.com ( Enquiries pertaining to the Indian Education Megaproject )
Lab@mumbaimegaproject.com ( Enquiries pertaining to the Mumbai Megaproject )
Nataraja Foundation Charity Registration No. E – 24721 ( Mumbai )
Cover image : Collage based on generic pictures available on the internet. Link to the source of the pictures is provided on the
website.
Designed , typeset and printed in India by “ The Planning and Design Lab “.
THE “ KUBER HEIGHTS “ FINANCIAL CENTRE
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Table Of Contents
1. Executive Summary
2.
3.
4.
5.
6.
7.
8. The Game Changing Role Of The Judges Of The Mumbai High Court
9. About the Mumbai Megaproject
Project details will be shared with interested parties after signing of
confidentiality agreement, payment of prescribed fees and signing of the initial
project agreement.
THE “ KUBER HEIGHTS “ FINANCIAL CENTRE
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About the Authors
Amrita Puntambekar is a designer with “The Planning and Design Lab”. She has detailed many of
the concepts as regards the social equity dimensions of the Mumbai Megaproject. She leads the
Nataraja Foundations initiatives on women’s issues and particularly children’s education. She is also
an associate fellow at the Nataraja Foundation and a consultant for its various projects. Amrita is a
freelance artist and specializes in watercolour. She is a post graduate in commerce and lives in
Mumbai.
Ashish Puntambekar is a Mumbai based , corporate planner and infrastructure project designer. He has
20 years of experience in designing some of India’s largest infrastructure projects, the most notable and
recent of which is the Indian Education Megaproject. The Education Megaproject is a plan to provide
high quality education , totally free of cost to 126 Million children, 80 % of who live in rural areas and
come from the poorest families. Please visit : http://www.nataraja.org.in/masseducationproject.htm
As a designer , Ashish believes in Gandhiji’s vision of “ Sarvodaya “( i.e the rise of all ) and his project
designs therefore focus on including the excluded among the masses . All his projects also have huge
environmental dividends in that they are designed for sustainability while also deploying
environmentally friendly building materials on a massive scale. Each project’s financial design also
frees up large capital resources for afforestation schemes and for wildlife preservation.
The Mumbai Megaproject for instance provides US $ 300 Million for Mangroves and another US $ 1.5
Billion for the planting of dense forests in Maharashtra. Employment generation is also high on the
design agenda. This is witnessed by the fact that the above mentioned two projects , alone will add 10
Million new jobs in India.
Besides designing large infrastructure and clean energy projects, the designer is also keenly interested
in the geopolitics of petroleum ( several published articles ) and has expert level knowledge in the
energy business and especially the price of crude oil which he has traded as a derivative trader on all
the worlds major exchanges and OTC markets for over 5 years. He currently works as a project
designer and also runs a private foundation, named the Nataraja Foundation, with a mandate to
innovate on an unprecedented level in the areas of Social Infrastructure, Urban Planning and Clean
Energy.
Ashish holds an MBA in international business and a bachelors degree in Mechanical Engineering.
THE “ KUBER HEIGHTS “ FINANCIAL CENTRE
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Acknowledgments
The Mumbai Megaproject is a scheme in the interest of the Millions of citizens of Mumbai City and the
112 million inhabitants of Maharashtra. It is also a landmark project to safeguard the ecology and
sustain a vast marine ecosystem around Mumbai. The project proposal itself is an exercise in the public
interest and for the consideration of the State and Union Governments.
In a project proposal as wide-ranging as this with its 22 different themes, the project designers have
received much help from others, starting with FICCI-FLO and Deutsche Bank who organized and
sponsored the seminar in Sept ’ 2011 at the YB Chavan Center at Nariman Point in Mumbai.
While the Marco concepts and large project ideas are our own, several Individuals have contributed by
providing comments on draft chapters. A few senior specialists with vast experience in project planning
and execution have reviewed the whole report consisting of 22 different themes + 2 project control
specifications and have provided their inputs. Some contributed in terms of ideas while others provided
critical cost estimates for the various schemes within the Megaproject. It is not possible to thank
everyone by naming them as one cannot rank their ideas on the basis of relative criticality or
importance.
We have also borrowed ideas and concepts from other projects implemented around the world such as
the palm islands in Dubai, The Semakau offshore landfill in Singapore, The Chunnel tunnel that
connects the UK with France, The Cheonggyechon river re-development (Seoul, South Korea), Besos
river ( Spain ), The Sabarmati river re-development project in Ahmedabad, The Coral Reef Alliance’s
Bio Rock technology implementations around the world etc. In including these projects we acknowledge
their thought leadership and would like to learn from their implementation experience. Each borrowed
concept is acknowledged by source and at no point do we claim these fundamental concepts as our
own. In fact we hope that the people and organizations involved in these earlier, path-breaking projects
around the world see the opportunities in Mumbai and come here. The city will greatly benefit from their
experience.
Several friends have provided helpful guidance as we edited the final text for publication. We have also
taken a number of generic pictures from the internet and have used graphics and material for tables
from various published sources and while doing so, we have taken care to quote our sources for
numbers and opinions expressed by various parties in the public domain.
It is important to state here that the cost estimates within the Megaproject’s reports have been arrived
at after seeking relevant advice from experts. These are however indicative costs based on current
industry practices and projects commissioned within the last 3 – 5 years in India and around the world.
Based on all these inputs, we have modified the concepts in a manner that fits Mumbai’s unique
requirements. This cross fertilization of ideas across industries has been our own and it is this that
makes the Mumbai Megaproject unique. The estimates are critically linked to project execution
structures specified in each case to achieve the most efficient project schedule and least possible cost.
The project configurations and the scope of work considered in each sub-project also have had a major
impact on cost and these costs could vary if project scope is changed significantly.
Finally, the authors take sole responsibility for any errors or omissions regarding opinions expressed
and conclusions drawn from the various studies within the Megaproject proposals.
THE “ KUBER HEIGHTS “ FINANCIAL CENTRE
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1. Executive Summary :
The Mumbai Megaproject, based as it is on the concept of Sarvodaya “ The Rise of All “ is
not focused on high profile skyscraper type of projects.
However, it is necessary from a skill development perspective to build at least one “ Super
Tall “ building in Mumbai so as to develop a vast in-house capability within the Indian
construction community ( architects, structural engineers, project consultants and
construction contractors ) so that the retained learning can be used later in cities across
India.
The Megaproject plan therefore makes an allowance for at least one “ Super Tall “ building
in Mumbai city and adequate land will be set aside for the construction of an Iconic building
of global stature which we have called “ The Kuber Heights Financial Center “.
Under the Megaproject proposal the state government will get a percentage stake in the
iconic structure equal in value to the price of the land that the government provides for the
project.
Cash deployment plan : Financing for large tiger conservation schemes
The Megaproject has prepared a unique financial structure for the The Kuber Heights
Financial Center project which ensures a considerable cash flow on a yearly basis for
supporting a large tiger conservation project in Maharashtra.
The financial structure that is to be used will ensure an un-interrupted flow of finance for the
creation of two tiger sanctuaries in Maharashtra and for the creation of special migration
paths between different forest areas so as to allow the tiger to breed and to move freely over
a large territory. Creation of safe migration paths and the re-growing of large forests is
critical to tiger conservation efforts in India and it is vital that investments are made in this
critical area.
The Megaproject’s financial plan for this “ SUPERTALL project will provide Rs 200 Crores in
financing for tiger conservation in India each year.
The Mumbai Megaproject
Second Edition
The Kuber Heights Financial Centre
THE “ KUBER HEIGHTS “ FINANCIAL CENTRE
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Mar ‘ 2013 The Planning and Design Lab Rev 02
Sneak preview of the “ Super Tall “ execution plan
To bring the best ideas in Skyscraper design and construction from around the world the
Kuber Heights financial center project will invite global leaders in skyscrapers to a design
competition where the winner will be selected by a world renowned team of master builders.
All contestants will be required to file a complete bill of materials along with their design.
The winning design will then be subjected to an extensive peer review process to fine tune
the safety systems, structural design effectiveness and environmental features within the
design.
The winning design after the peer review process with then enter a transparent EPC award
phase.
Project details will be shared with prospective project partners and local government after
going through a legally recognized and properly documented process.
Ashish Puntambekar
Project Designer
The Planning and Design Lab
Projects
The Mumbai Megaproject
& The Indian Education Megaproject ... High quality Education to 126 Million Children Totally Free of cost
Contact Details : ashish@mumbaimegaproject.com
ashish.puntambekar@gmail.com
THE “ KUBER HEIGHTS “ FINANCIAL CENTRE
Page 8 of 8
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Mar ‘ 2013 The Planning and Design Lab Rev 02
NOTE
This document is protected by Indian Copyright Law. Please specifically quote your
source while using the text / material presented herein, to avoid legal action.
Pictures used within this document have been taken from the internet. They are therefore
representative and not necessarily from a location in Mumbai or Maharashtra. The
pictures used are generic and we have provided a link on the website ( to be updated
from time to time ) where we have identified the source of the pictures. In case of any
oversight on our part, please let us know and we will immediately rectify the matter.

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The kuber heights_financial_centre

  • 1. THE “ KUBER HEIGHTS “ FINANCIAL CENTRE Page 1 of 8 28 th Mar ‘ 2013 The Planning and Design Lab Rev 02 The Mumbai Megaproject Second Edition The Kuber Heights Financial Centre An Initiative of the Planning & Design Lab Copyright March ‘ 2013 This material is protected by Indian copyright law Revision 02 28th Mar ‘ 2013 Busybric Infrastructure Pvt. Ltd.
  • 2. THE “ KUBER HEIGHTS “ FINANCIAL CENTRE Page 2 of 8 28 th Mar ‘ 2013 The Planning and Design Lab Rev 02 © Protected by Indian copyright 2013 Busybric Infrastructure and The Nataraja Foundation are the owners of this project design basis. Further development of the project is hereby assigned to “ The Planning and Design Lab “, which is a joint initiative of Busybric Infrastructure and The Nataraja Foundation . BusyBric Infrastructure is a next generation infrastructure concept, design and implementation company with an agenda to bring totally new ideas to the Infrastructure business in India. ( website : www.busybric.com ) The Nataraja Foundation on the other hand,is an independent organization which promotes rigorous study of issues pertaining to India and attempts to provide solutions for large social and economic challenges. ( website : www.nataraja.org.in ) The Nataraja Foundation is the promoter of “ The Indian Education Megaproject “. The Education Megaproject is a plan to provide high quality education, totally free of cost to 126 Million Children in 28 states and 7 union territories across India. The entire financing of Rs. 6 Lakh Crores ( US $ 131.38 Billion ) for this project is to be raised independent of central and state budgets. A detailed plan to execute the Education Megaproject has been submitted to the Ministry of HRD and the Planning Commission, Govt. Of India. Those interested can view and download all the project documents including detailed calculations and the financing scheme from the Nataraja Foundation website : http://www.nataraja.org.in/masseducationproject.htm Together, Busybric Infrastructure and The Nataraja Foundation have an agenda to provide thought leadership in the areas of Education, Healthcare, Urban Infrastructure and a number of other matters of national interest. The projects Busybric and Nataraja promote are in the public interest for people in India and around the world. We therefore would like to share our ideas with like minded individuals and organizations globally for the service of the public with the caveat that the source of information ( this report ) be mentioned in each case while referring to the information and unique ideas contained herein to avoid legal action. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical including photocopying, recording or any information storage or retrieval system, without the prior written permission of the Planning and Design Lab. Those interested in knowing more about our work may write to us at the following address : Current mailing address : The Planning & Design Lab 104, Parshudhar Building, Plot No 5, Sector 25 Nerul ( East ), Navi Mumbai 400706 Maharashtra, India T: + 91- 22 2 7707623 M: + 91-9867612368 E Mail : nataraja.foundation@gmail.com ( Enquiries pertaining to the Indian Education Megaproject ) Lab@mumbaimegaproject.com ( Enquiries pertaining to the Mumbai Megaproject ) Nataraja Foundation Charity Registration No. E – 24721 ( Mumbai ) Cover image : Collage based on generic pictures available on the internet. Link to the source of the pictures is provided on the website. Designed , typeset and printed in India by “ The Planning and Design Lab “.
  • 3. THE “ KUBER HEIGHTS “ FINANCIAL CENTRE Page 3 of 8 28 th Mar ‘ 2013 The Planning and Design Lab Rev 02 Table Of Contents 1. Executive Summary 2. 3. 4. 5. 6. 7. 8. The Game Changing Role Of The Judges Of The Mumbai High Court 9. About the Mumbai Megaproject Project details will be shared with interested parties after signing of confidentiality agreement, payment of prescribed fees and signing of the initial project agreement.
  • 4. THE “ KUBER HEIGHTS “ FINANCIAL CENTRE Page 4 of 8 28 th Mar ‘ 2013 The Planning and Design Lab Rev 02 About the Authors Amrita Puntambekar is a designer with “The Planning and Design Lab”. She has detailed many of the concepts as regards the social equity dimensions of the Mumbai Megaproject. She leads the Nataraja Foundations initiatives on women’s issues and particularly children’s education. She is also an associate fellow at the Nataraja Foundation and a consultant for its various projects. Amrita is a freelance artist and specializes in watercolour. She is a post graduate in commerce and lives in Mumbai. Ashish Puntambekar is a Mumbai based , corporate planner and infrastructure project designer. He has 20 years of experience in designing some of India’s largest infrastructure projects, the most notable and recent of which is the Indian Education Megaproject. The Education Megaproject is a plan to provide high quality education , totally free of cost to 126 Million children, 80 % of who live in rural areas and come from the poorest families. Please visit : http://www.nataraja.org.in/masseducationproject.htm As a designer , Ashish believes in Gandhiji’s vision of “ Sarvodaya “( i.e the rise of all ) and his project designs therefore focus on including the excluded among the masses . All his projects also have huge environmental dividends in that they are designed for sustainability while also deploying environmentally friendly building materials on a massive scale. Each project’s financial design also frees up large capital resources for afforestation schemes and for wildlife preservation. The Mumbai Megaproject for instance provides US $ 300 Million for Mangroves and another US $ 1.5 Billion for the planting of dense forests in Maharashtra. Employment generation is also high on the design agenda. This is witnessed by the fact that the above mentioned two projects , alone will add 10 Million new jobs in India. Besides designing large infrastructure and clean energy projects, the designer is also keenly interested in the geopolitics of petroleum ( several published articles ) and has expert level knowledge in the energy business and especially the price of crude oil which he has traded as a derivative trader on all the worlds major exchanges and OTC markets for over 5 years. He currently works as a project designer and also runs a private foundation, named the Nataraja Foundation, with a mandate to innovate on an unprecedented level in the areas of Social Infrastructure, Urban Planning and Clean Energy. Ashish holds an MBA in international business and a bachelors degree in Mechanical Engineering.
  • 5. THE “ KUBER HEIGHTS “ FINANCIAL CENTRE Page 5 of 8 28 th Mar ‘ 2013 The Planning and Design Lab Rev 02 Acknowledgments The Mumbai Megaproject is a scheme in the interest of the Millions of citizens of Mumbai City and the 112 million inhabitants of Maharashtra. It is also a landmark project to safeguard the ecology and sustain a vast marine ecosystem around Mumbai. The project proposal itself is an exercise in the public interest and for the consideration of the State and Union Governments. In a project proposal as wide-ranging as this with its 22 different themes, the project designers have received much help from others, starting with FICCI-FLO and Deutsche Bank who organized and sponsored the seminar in Sept ’ 2011 at the YB Chavan Center at Nariman Point in Mumbai. While the Marco concepts and large project ideas are our own, several Individuals have contributed by providing comments on draft chapters. A few senior specialists with vast experience in project planning and execution have reviewed the whole report consisting of 22 different themes + 2 project control specifications and have provided their inputs. Some contributed in terms of ideas while others provided critical cost estimates for the various schemes within the Megaproject. It is not possible to thank everyone by naming them as one cannot rank their ideas on the basis of relative criticality or importance. We have also borrowed ideas and concepts from other projects implemented around the world such as the palm islands in Dubai, The Semakau offshore landfill in Singapore, The Chunnel tunnel that connects the UK with France, The Cheonggyechon river re-development (Seoul, South Korea), Besos river ( Spain ), The Sabarmati river re-development project in Ahmedabad, The Coral Reef Alliance’s Bio Rock technology implementations around the world etc. In including these projects we acknowledge their thought leadership and would like to learn from their implementation experience. Each borrowed concept is acknowledged by source and at no point do we claim these fundamental concepts as our own. In fact we hope that the people and organizations involved in these earlier, path-breaking projects around the world see the opportunities in Mumbai and come here. The city will greatly benefit from their experience. Several friends have provided helpful guidance as we edited the final text for publication. We have also taken a number of generic pictures from the internet and have used graphics and material for tables from various published sources and while doing so, we have taken care to quote our sources for numbers and opinions expressed by various parties in the public domain. It is important to state here that the cost estimates within the Megaproject’s reports have been arrived at after seeking relevant advice from experts. These are however indicative costs based on current industry practices and projects commissioned within the last 3 – 5 years in India and around the world. Based on all these inputs, we have modified the concepts in a manner that fits Mumbai’s unique requirements. This cross fertilization of ideas across industries has been our own and it is this that makes the Mumbai Megaproject unique. The estimates are critically linked to project execution structures specified in each case to achieve the most efficient project schedule and least possible cost. The project configurations and the scope of work considered in each sub-project also have had a major impact on cost and these costs could vary if project scope is changed significantly. Finally, the authors take sole responsibility for any errors or omissions regarding opinions expressed and conclusions drawn from the various studies within the Megaproject proposals.
  • 6. THE “ KUBER HEIGHTS “ FINANCIAL CENTRE Page 6 of 8 28 th Mar ‘ 2013 The Planning and Design Lab Rev 02 1. Executive Summary : The Mumbai Megaproject, based as it is on the concept of Sarvodaya “ The Rise of All “ is not focused on high profile skyscraper type of projects. However, it is necessary from a skill development perspective to build at least one “ Super Tall “ building in Mumbai so as to develop a vast in-house capability within the Indian construction community ( architects, structural engineers, project consultants and construction contractors ) so that the retained learning can be used later in cities across India. The Megaproject plan therefore makes an allowance for at least one “ Super Tall “ building in Mumbai city and adequate land will be set aside for the construction of an Iconic building of global stature which we have called “ The Kuber Heights Financial Center “. Under the Megaproject proposal the state government will get a percentage stake in the iconic structure equal in value to the price of the land that the government provides for the project. Cash deployment plan : Financing for large tiger conservation schemes The Megaproject has prepared a unique financial structure for the The Kuber Heights Financial Center project which ensures a considerable cash flow on a yearly basis for supporting a large tiger conservation project in Maharashtra. The financial structure that is to be used will ensure an un-interrupted flow of finance for the creation of two tiger sanctuaries in Maharashtra and for the creation of special migration paths between different forest areas so as to allow the tiger to breed and to move freely over a large territory. Creation of safe migration paths and the re-growing of large forests is critical to tiger conservation efforts in India and it is vital that investments are made in this critical area. The Megaproject’s financial plan for this “ SUPERTALL project will provide Rs 200 Crores in financing for tiger conservation in India each year. The Mumbai Megaproject Second Edition The Kuber Heights Financial Centre
  • 7. THE “ KUBER HEIGHTS “ FINANCIAL CENTRE Page 7 of 8 28 th Mar ‘ 2013 The Planning and Design Lab Rev 02 Sneak preview of the “ Super Tall “ execution plan To bring the best ideas in Skyscraper design and construction from around the world the Kuber Heights financial center project will invite global leaders in skyscrapers to a design competition where the winner will be selected by a world renowned team of master builders. All contestants will be required to file a complete bill of materials along with their design. The winning design will then be subjected to an extensive peer review process to fine tune the safety systems, structural design effectiveness and environmental features within the design. The winning design after the peer review process with then enter a transparent EPC award phase. Project details will be shared with prospective project partners and local government after going through a legally recognized and properly documented process. Ashish Puntambekar Project Designer The Planning and Design Lab Projects The Mumbai Megaproject & The Indian Education Megaproject ... High quality Education to 126 Million Children Totally Free of cost Contact Details : ashish@mumbaimegaproject.com ashish.puntambekar@gmail.com
  • 8. THE “ KUBER HEIGHTS “ FINANCIAL CENTRE Page 8 of 8 28 th Mar ‘ 2013 The Planning and Design Lab Rev 02 NOTE This document is protected by Indian Copyright Law. Please specifically quote your source while using the text / material presented herein, to avoid legal action. Pictures used within this document have been taken from the internet. They are therefore representative and not necessarily from a location in Mumbai or Maharashtra. The pictures used are generic and we have provided a link on the website ( to be updated from time to time ) where we have identified the source of the pictures. In case of any oversight on our part, please let us know and we will immediately rectify the matter.