Fsipl icici svcd_apts_quote_3.0

Future Space India (P) Ltd. Plot No. 67, Kavuri Hills, Madhapur

Hyderabad, India – 500 033 www.futurespace.net

1 | P a g e C o n f i d e n t i a l R e v i s e d Q u o t e

November 24, 2011 ICICI Bank Ltd., Hyderabad Kind Attn: Mr. Harikrishnan T Sub: Revised Non‐binding Quote for Serviced Apartments Facilities at Hyderabad for

employees / trainees of ICICI Bank Ltd. Future Space India is an Infrastructure and Realty Company which provides a wide array of services

including Serviced Apartments, Transaction Management, Property Development and Construction

Services. We have been retained by many corporate for their projects in the state of Andhra

Pradesh.

We would like to thank you for inviting us to submit our non‐binding quote for the above mentioned

project. We are offering a choice of two locations to suit your requirement.

We are confident that you will find our quote to be very competitive. Kindly note that a mutually

agreeable & a detailed contract agreement, from Future Space India and / or its group company, will

be forwarded once the quote is approved and communicated.

We once again thank you for your time, and interest in our company. Yours sincerely, For Future Space India (P) Ltd Arunkumar Kankipati Director Business Future Space India Mail ID# [email protected] Hand Phone# +91 9848141393

mailto:[email protected]




TTAABBLLEE OOFF CCOONNTTEENNTTSS

Accommodation ____________________________________________________________ 3

Proposed Locations: _____________________________________________________________ 3

Snapshots ______________________________________________________________________ 3

Furniture, Fixtures & Services ______________________________________________________ 9 Inventory per Personnel ________________________________________________________________ 9 Inventory per Flat _____________________________________________________________________ 9 Services _____________________________________________________________________________ 9

Pricing Accommodation _________________________________________________________ 10

Food ____________________________________________________________________ 11

Menu ________________________________________________________________________ 11

Pricing Food ___________________________________________________________________ 11

Final Pricing ______________________________________________________________ 12

Terms & Conditions ________________________________________________________ 13

Rules & Regulations ________________________________________________________ 14

Photographs of Model Apartment – Westin Plaza*: ______________________________ 15




AccommodationThe key features of the accommodation being provided for the Proposed Service Apartment for ICICI Personnel are as follows:

ProposedLocations:We propose two alternative options for locations:

Option ‐1: Western Plaza:

Luxurious gated community living at Hyderabad’s premier residential location brought to you by Western Constructions. Envisage a new experience of lavish living. Be a part of buzzing development, only a short walk from Jubilee Hills, a host of hospitals, schools, malls, restaurants, cafes & clubs. Flanked all around by green vibrancy and a pollution free zone, these healthy homes definitely provide the recipe for happy living. The Plaza is proud to provide a swimming pool and a club house for relaxing and socializing with the cream crowd in burgeoning, elite neighbourhood. Extra large rooms with individual balconies permit privileged viewing with assured quality and modernistic architectural approach, the plaza is definitely a landmark venture.

SnapshotsA snapshot of the property, where FSI is proposed to provide the Service Apartments




URL# www.westernconstructions.com

Pros: 1. Star rated 468 apartment Complex in 7acres 2. Spacious Flats at an average of 2100sft 3. All 500 guests can be accommodated in one space. 4. Exclusive floors available to offer ICICI with enhanced security. 5. Intercom & 100% power backup to entire facility 6. Building approved by GHMC, Suitable to run Service apartments as per norms 7. Free access given to use Community club, GYM & other facilities 8. Convenience stores and restaurants in visible distance 9. In proximity of 7.1km from ICICI with drive time of max 10mins. 10. Round the clock security with surveillance cameras

Cons:

1. High Rents due to high‐end facilities & amenities. 2. High maintenance charges due to top end infrastructure. 3. Not an exclusive facility being a part of 468 flats community. 4. Construction work still going on in neighbouring towers (scheduled to finish by March)

http://www.westernconstructions.com/




Option ‐2: Combination of Richmond Villa Apartments & Reliance Paradise

The accommodation is proposed for Women in Richmond Villa Apartments and for the Men in Reliance Paradise. Location 2a: Richmond Villa Apartments

Pros:




1. Lavishly built 20 Flats apartment in 2500 sq yrds 2. Spacious 3bedroom Flats with two models 2700sft & 2400 sft 3. Almost an exclusive facility with 19 out of 20 flats offered to ICICI 4. Best accommodation to offer female trainees separate from boys. 5. Abundant parking space 6. Serene Locality with private compound. 7. GHMC approved plan suitable to run service apartments. 8. In proximity of 6.1km from ICICI with drive time of less than10mins 9. Intercom facility & 100% DG backup 10. Ready to move in 11. Pricing advantage of INR 500.00 per bed per month over Option I

Cons:

1. Small facility to accommodate all at one place. 2. Lack of amenities like Club House & Gym




Location 2b: Reliance Paradise

Pros:

1. Star rated apartment Complex 2. Spacious Flats 3. Location 2b is in close proximity of Location 2a. 4. Intercom & 100% power backup to entire facility 5. Building approved by GHMC, Suitable to run Service apartments as per norms




6. Free access given to use Community club, GYM & other facilities 7. Convenience stores and restaurants in visible distance 8. In proximity of 7.1km from ICICI with drive time of max 10 mins. 9. Round the clock security with surveillance cameras

Cons:

1. High maintenance charges due to top end infrastructure. 2. Not an exclusive facility being a part of huge community. 3. Apartments offered are spread across multiple towers in Reliance Paradise Project. 4. Construction work still going on in neighbouring towers (scheduled to finish by March)




Furniture,Fixtures&ServicesPlease find the entire list of Furniture & Fixture to be provided per bed, per room & per flat along with the Services provided to each Flat, room & Individual. There shall be 3 Personnel sharing each bed room.

InventoryperPersonnelItem Single Bed Wardrobe / Cupboard with lock One Mattress Bed sheet + Blanket + Pillow

InventoryperFlatItem Geysers for each Bathrooms Buckets + Mugs + misc toiletries Sofa + Dining table + Magazine rack Six Chairs and One Centre Table Water dispenser Intercom with 1 extension per flat Fans + Lights in Rooms & common areas 1 Television per flat Dinner Plates + Tumblers + coasters Etc., Casseroles + Serving dishes Dryers/Hangers 1 Set‐top‐box per flat Handheld RFID terminals(optional for attendance) + Software Inverters (1Hr backup) 1Kva Common backup power through D.G. Set 1 Surveillance Camera per Flat Intercom with 1 extension per flat

ServicesItem Laundry(Linen change twice a week) Housekeeping(1 Attendant for every 2 Flats) Electricity Charges Daily Newspapers & Magazines Packaged Drinking Water Provision for Surveillance monitoring




PricingAccommodationWith all the above mentioned features the basic pricing of accommodation:

SNO Particulars Remarks Location Option‐I Location Option‐II

Amount INR. Amount INR.

1 Purely on Accommodation Basis Per Bed Per Month 5,500.00 5,000.00

a) Subject to Minimum occupancy of 500 Beds with minimum lock‐in period of 12 months

b) inclusive of Electricity Charges, Housekeeping & Maintenance of Premises

c) triple occupancy per room

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FoodWe serve quality, hygienic food with a fixed menu of dishes, as mentioned below, inclusive of both South Indian & North Indian.

MenuDays Breakfast Dinner

Monday Bread Toast, Veg. Cutlet, or Idli / Vada sambar Daal, Curry, Plain Curd, Sambar, Rice, Pulka

Tuesday Idli / Vada Samber Dal, curry,Sambar, Plain Curd,Rice, Papad, Pulka

Wednesday Aloo paranthas & Curry or Veg noodles Dal, curry,Sambar, Plain Curd,Rice, Papad, Pulka

Thrusday Poori Chana or Poori Bhaji Dal, curry,Sambar, Plain Curd,Rice, Papad, Pulka

Friday Pav Bhaji or Tomato Bath Dal, curry,Sambar, Plain Curd,Rice, Papad, Pulka

Saturday Pongal or Poori Korma Dal, curry,Sambar, Plain Curd,Rice, Papad, Pulka

Sunday Idli/Vada Sambar Dal, curry,Sambar, Plain Curd,Rice, Papad, Pulka

PricingFoodS NO Particulars Amount INR. Food Pricing Breakfast, & Dinner only per person per month 2,400.00




FinalPricing(Accommodation + Breakfast + Dinner)

SNO Particulars Remarks Location Option‐I Location Option‐II Amount INR. Amount INR. 1 Pricing for Accommodation Per Bed Per Month 5,500.00 5,000.002 Pricing for All Meals (Breakfast, & Dinner) Per Person Per Month 2,400.00 2,400.00

GRAND TOTAL 7,900.00 7,400.00




Terms&Conditions

1. The accommodation provided shall be exclusively for Residential purposes only. 2. A detailed agreement to be signed on acceptance of quote. 3. Three months of rent for accommodation & one month of charge for Food is required to be

paid in advance at the time of signing of the detailed agreement. 4. Rent for every month shall be paid in arrears after receipt of monthly invoice. Invoice shall

be raised for each month before the 15th of that month and shall be cleared and payment made within 15 calendar days of raising the invoice.

5. The charges for accommodation are inclusive of all taxes. Taxes as applicable for all other services.

6. 35 days prior notice is required to be provided before the initial occupancy of the accommodation provided.

7. The agreement shall be made for a period of 5 years, with a lock‐in period of 12 months. There shall be an increment of 7.5% on the Accommodation charges, and 10% on Food Charges.

8. The customer shall pay charges for the twelve months even if they desire to discontinue occupying the premises during the currency of the initial twelve month period of the agreement.

9. A notice of 3 months in advance is required from both the parties for the Termination of contract.

10. Occupants of the Apartments have to adhere to the Rules & Regulations mentioned separately in this document.




Rules&Regulations1. All movements to and from the service apartments should be recorded with the security guard

at the entrance of the service apartment. 2. Change of allocated rooms will be permitted only after prior information and obtaining written

consent from FSI. 3. The rooms are shall be accessible to FSI, its representatives, agents and sub‐contractors for

ensuring cleaning, maintenance and periodic inspection. 4. The occupants shall keep the rooms, and surrounding premises hygienic, neat and tidy. 5. Unauthorized items like liquor, drugs, lethal weapons etc., are not to be brought into the

premises or stored in the rooms. Possession of any lethal weapons or any instrument / contrivance, which is likely to cause physical harm to others, is strictly prohibited.

6. Occupants shall not cause inconvenience, annoyance or disturbance to others, nor enter into any unnecessary conversation, quarrel or altercation with the staff. Complaints if any are to be submitted in writing to FSI representatives.

7. Smoking is prohibited inside the service apartment. Gambling, other illegal activities, consumption of alcohol, possession and use of drugs and narcotics are prohibited.

8. Visitors are required to register with the security personnel and meet the occupants only in scheduled meeting areas. Visitors may not stay along with the occupants in the service apartment allotted.

9. Occupants shall take utmost care to ensure that furniture, fittings and premises are not damaged due to faulty and negligent behaviour.

10. Water outlets need to be closed and electrical appliances should be switched off when not required or not in use.

11. The occupants shall not use any other locks other than the one provided to them for locking their allocated rooms. Occupants leaving the service apartment or discontinuing their stay should never lock their rooms and cupboards and shall handover the keys to FSI representatives.

12. Use of heavy duty electrical appliances like steam irons, induction stoves or other appliances apart from those provided in the rooms is prohibited without prior approval from FSI. However, charging of laptops, mobile phones and other personal accessories is allowed.

13. Cooking in the service apartment by the occupants is prohibited. However, consumption of food, which has been purchased outside is permitted.

14. Violation of any of these rules would result in FSI notifying the ICICI representative, who shall take necessary action.




PhotographsofModelApartment–WestinPlaza*:




*Note: The photographs of furniture shown in the model flat are indicative only and actual furniture provided can vary depending on the availability and the final furnishing option chosen by ICICI.

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Fsipl icici svcd_apts_quote_3.0