### **Company Overview** Suratwwala Business Group Limited (SBGL) is a Pune-based, publicly listed real estate developer established in 2008. The company officially began operations as **Suratwala Housing Private Limited** and evolved into a diversified business group, rebranding to **Suratwwala Business Group Private Limited in 2019** before transitioning to a public limited company. SBGL successfully listed on the **BSE SME platform in 2020** and migrated to the **main boards of BSE and NSE in 2023**, following sustained revenue growth exceeding ₹50 crores annually. Headquartered in Pune, Maharashtra, SBGL operates across the **entire real estate value chain**, from land acquisition and regulatory approvals to design, construction, marketing, and post-sales services. The company has expanded beyond traditional real estate into **renewable energy and business auxiliary services**, positioning itself as a forward-thinking, integrated growth platform. --- ### **Core Business Segments** SBGL operates in three primary verticals: 1. **Real Estate Development**: Residential, commercial, and mixed-use projects in prime Pune locations, especially **Hinjewadi**, a major IT corridor. 2. **Solar Power Generation**: Through its subsidiary **Suratwwala Natural Energy Resource Private Limited (SNER)** and associated LLPs, offering **EPC (Engineering, Procurement, Construction)** and **PPA (Power Purchase Agreement)** solar solutions. 3. **Business Auxiliary Services**: Real estate advisory, leasing assistance, investment guidance, and revenue from rentals (mobile towers, hoardings, banners, short-term leases of unsold units). --- ### **Strategic Focus & Business Model** - **Asset-Light Strategy**: Emphasizes capital recycling through property sales to reduce leverage, strengthen the balance sheet, and fund future growth. - **Integrated Development Model**: Full control over project lifecycle—from land sourcing to completion—ensuring quality, timing, and profitability. - **Customer-Centric Philosophy**: Drives loyalty through innovative schemes such as: - **Assured Returns Program**: Guarantees rental income from date of purchase for commercial units. - **No Pre-EMI Scheme**: Company covers interest on home loans until possession, improving buyer affordability. - **Sustainability Focus**: Integrates green building practices and renewable energy into developments to reduce environmental impact and align with ESG goals. --- ### **Land Bank & Development Pipeline** - **Total Land Bank**: Approximately **200 acres** in the Pune region, with development potential across residential, commercial, and resort projects. - **Key Development Sites**: - **Mark Plazzo (Hinjewadi)**: A commercial hub including the recently launched **"Tower of Dreams" (Mark Plazzo C, D & E)**, a 3.5-acre integrated business complex with office spaces (182–4,500 sq ft). Project scheduled for completion by **2027**. - **O2 The Oxygen Spring (Mulshi)**: A 79-acre luxury residential and nature-inspired resort development. - **Aranyam Gated Community (Kasar Amboli)**: 18-acre project with 221 villas and row houses (not yet launched). - **Club Houses Nature Resort**: 20-acre leisure and hospitality development. - Projects are held under SBGL and structured vehicles such as **Suratwwala Royyal Hill Properties LLP**. --- ### **Recent Developments & Performance (FY25 Update)** - **Tower of Dreams (Mark Plazzo C, D, E)** is progressing on schedule with **120 bookings** generating a contracted order book of **₹63 crores** (as of Oct 2024). - In **H1 FY25**, the company reported **revenue of ₹115.5 million** with a high **EBITDA margin of 56.4%**, demonstrating strong operational efficiency and profitability. - Completed sell-out of **Mark Plazzo B (2022)** with 172 units sold and earlier success of **Mark Plazzo A (2017)**, affirming consistent market demand in Hinjewadi. - As of **March 31, 2024**, SBGL’s **total order book stood at ₹7,201.22 lakhs**, reflecting diversified and growing project pipeline. --- ### **Renewable Energy Ventures** SBGL has made strategic foray into clean energy: - **SNER (Suratwwala Natural Energy Resource LLP/Private Ltd)**: 100% owned subsidiary focusing on solar EPC and PPA services. - **Order Book (Oct 2024)**: - **17 MW** in PPA segment. - **34.7 MW** in EPC segment. - Notable achievement: **30 MW AC EPC contract** awarded, indicating strong execution capability and growing market credibility. - Services offered to industrial, commercial, residential, and institutional clients, enabling a low-carbon transition through competitively priced, hassle-free solar solutions. --- ### **Land Acquisition & Development Strategy** - **Sourcing Strategy**: Leverages freehold purchases, joint development agreements (JDAs), and redevelopment pacts across Pune. - **Site Assembly**: Builds large development parcels incrementally over several years. - **Planning Approvals**: High success rate in securing permissions due to proactive engagement with local authorities, engineers, planners, and communities. - **Technology Use**: Applies **proprietary digital templates** for development simulations, financial modeling, and strategy optimization to enhance returns. --- ### **Project Execution & Innovation** - **In-House Teams**: Engineers, architects, and contractors manage land remediation, infrastructure (roads, renewable systems), and construction. - **Technology Integration**: Digital frameworks streamline operations, support lean execution, and improve speed and quality. - **Total Quality Management (TQM)**: Applied across all developments to maintain construction excellence. --- ### **Customer Engagement & Brand Building** - Strong post-sales engagement has resulted in: - High **brand loyalty** and **referral rates**. - Expanded **sales network effectiveness**. - Focus on **affordable, mid-income, and mass-market housing**, with scalable pricing models for wider market penetration. - Targeted marketing and digital outreach to tap online-savvy buyers, capitalizing on industry consolidation favoring branded developers. --- ### **Leadership & Governance** - **Mr. Jatin Dhansukhlal Suratwala** – Managing Director (30+ years in real estate): Leads strategic planning, land acquisition, and funding. - **Mr. Manoj Dhansukhlal Suratwala** – Whole-Time Director (16+ years in real estate): Oversees construction, supply chain, and operations. - Promoter-led team with deep regional expertise and long-standing industry relationships. --- ### **Financial & Operational Highlights** | Metric | Value (as of latest reporting) | |-------|-------------------------------| | Land Bank | ~200 acres (Pune region) | | Delivered Area | >225,000 sq ft | | Area Under Development | ~1,150,000 sq ft | | Clients Served | 300+ | | Employees | 40+ dedicated professionals | | Stock Exchanges | Listed on BSE & NSE | | First Project | *Suratwwala Sweet 16* (Baner, Pune; completed 2010) | | Key Recognition | CREDAI Real Estate Awards 2012 | ---