Newsletter
Bangalore                  
10th July 2010          

Dear All,

Landmark developments of G&C Global Consortium during past ONE year

As a founding promoter, I had always taken special care to be in touch with all our patrons like you spread across globe.  I have been sharing about all events, developments happing with G&C from time to time.

During last one year, you would have not seen many news letters from us and few of our well wishers may be wondering whether we have slowed down etc., you all are very much aware that as a personal philosophy, I never believed in sending mails when not required to avoid over clustering of your mail box.  Due to market turmoil which started in 2008 1st quarter, we have chosen not to promote any projects but select projects once in a while where there is tremendous scope of appreciation or safe for our investors to get involved.

However, not withstanding above, we in fact have gone against the market sluggishness and trend by aggressively pursuing our expansion plans and catering to retail/commercial/hospitality segments and few of major highlights are as below:

  1. We have strengthened all branches in South and branches at Hyderabad, Chennai, Cochin are headed by full-fledged branch managers with rich experience and are doing an excellent job.
  2. Due to above, we could do lot of ground work and concluded signing of MOU’s with all top 5 to 10 brands of each state capital.  The same rapport and understanding will naturally goes to the advantage of our patrons as we more or less treated as major channel partners by those builders by giving pre-public launches to G&C clients at lowest prices possible for best choice pick units.
  3. We could also get involved as sponsors of many charitable /professional /social organizations besides getting involved in customer education campaign and added relationships round the globe in excess of 6.8 lakhs patrons and targetting in achieving ONE million relationships by 2011.
  4. We have also narrowed down our pre-public launch offer strategy to  restrict ourselves to only those launches where lead time between pre-public launch and public launch is maximum of 2 or 3 months.  This has been done based on some part experiences where gap between pre-public launch and public launch was too much and did not secure the investment goals visualized for our investors in the beginning.  Now with this above change and refined strategy, risk to our patrons is more or less nil and hence can look forward to achieve all investment goals assumed by G&C every time whenever only pre launch is offered.
  5. On hospitality front, we have done wonders as below:

    a) Successfully closed a deal for a 5 star category hotel in heart of Gachibowli (2,00,000 sft.)
    b) Deal for 1,25,000 Sft. for another 5 start hotel chain from Singapore has been concluded for Hitech City across Cyber Towers.
    c) Talks in advanced stage for closing a deal for 4 star hotel in Jubilee Hills (1,25,000 Sft.)
    d) Talks in advanced state for bringing 5 star plus hotel to Mumbai and Mauritius for one of the top builder of the country.
    e) You must have heard about internationally reputed serviced apartments giants like Oakwood and Frazers International.  On a similar platform, there is another group by name Starlit Suites who are one of the dominate players in India and they have given us exclusive mandate for South India to setup 100 rooms plus blocks of serviced apartment hotel in each state capital.
    f) Good News is that we have already concluded below deals for them and we will be bringing  first of its kind low investment high monthly returns proposal (28 lakhs to 35 lakhs per unit) with returns of 10% to 20% per annum over a period of few years.
    1) 126 units, 18 storied signature tower in Neotown, Electronic city, Bangalore ( offer on invitation to G&C clients after 2 weeks).
    2) 80 units tower on OMR road in Chennai
    3) Negotiation are on for Hyderabad, Cochin, Vizag and Goa and hope to achieve something in 6 to 8 months for the same group.
    g) Besides hospitality segment as above, we also have mandate in excess of 1.0 million Sft, in retail and commercial sectors across South and any of you and your relatives/colleagues have vantageous  places in any key cities across South and willing to give space on built to suite basis on long term lease (20 to 25 years) you are welcome to contact us.
    h) In residential sector too, we have done some outstanding work despite of slow recovery and few sample as below:

    * Neotown Smondo’s :-  we could help many investors to secure good units in pre-public launch during December 2008 at Rs. 1900/Sft. and today the same are already at Rs. 3050/Sft.
    * Duplex Style town house have been offered to our clients exclusively at 1.04 crores during March 2010 and the same are now being sold from 1.25 crores onwards as the project went to public only 1 month back.  In this case our investors paid only 5 lakhs booking amount and already richer by 20 lakhs plus against the same.

Media Coverage of G&C:

With all humility, I am proud to mention below events:-

  1. Telugu times, USA published in California and widely circulated among all USA Telugu people had carried out a center page article of the promoter Mr. A.V.R Chowdary and done by the chief editor of the new paper.
  2. Another monthly Telugu magazine called Telugu Nadi also, published in California carried a full page article tracking take off of G&C company and right up to latest achievements and benefits bought to NRIs and their HNIs.

While above are few sample of events, there will be many more to share in future and wish to conclude this newsletter with an advance announcement that in a week’s time we are going to bring out a circular offering a variety of pre public launch offers in all state capitals.  Therefore, you may like to forward the same to your close circle/relatives to take benefit of the same.

Wishing you and your families all the best in advance.

With kind regards,

 
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