BSEL Infrastructure Realty

BSE Announcements on BSEL Infra

Posted by : Beowulf Agate
Price when posted : BSE: Rs 27.20 ( -7.80 % ), NSE: Rs. 27.30 ( -7.46 % )

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Give us some good news please :(...

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BSE Announcements on BSEL Infra

Posted by : MMB Messenger

BSEL Infrastructure Realty Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 30, 2008.

BSE Announcements on BSEL Infra

Posted by : MMB Messenger
Price when posted : [BSEL Infra - BSE:Rs. 29.50 NSE:Rs. 29.50 when posted]

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BSEL Infrastructure Realty Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 30, 2008....

NSE Announcements on BSEL Infra

Posted by : MMB Messenger
Price when posted : [BSEL Infra - BSE:Rs. 29.50 NSE:Rs. 29.40 when posted]

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Bsel Infrastructure Realty Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on September 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

bsel = lehman bros.

Posted by : panasonic

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ish raat ki subah nahin ....

Hold

Posted by : vids1983
Price when posted : BSE: Rs 37.75 ( -4.55 % ), NSE: Rs. 37.70 ( -4.19 % )

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Bsel infrastructure is having the support at rs. 35 if it\\\\\\\\\\\\\'s not fall then one can buy at this level and it can touch rs. 60 in short term. ...

Five minutes with Managing Director

Posted by : sree_v
Price when posted : BSE: Rs 39.55 ( -2.35 % ), NSE: Rs. 39.35 ( -2.72 % )

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Source: BSEL 2007-08 Annual Report

Are you happy with the year 2007-08?

The year was very good, It was year of growth and opportunities….In 2007-08, the consolidated topline of the company grew by 144% and bottom line by 46%. I am very much impressed and happy with the performance of our subsidiary at UAE. UAE subsidiary is delivering much than was expected by me. During the year we have truly proved ourselves by making BSEL as an international real estate developer.The year ended with a lot of optimism for growth. We are ready to deliver growth into the international real estate market. We know that there are challenges ahead but we are confident. To enhance over image as international real estate developer, We have found new avenues to display our development prowess in Malaysia.

Given the challenges into the Industry, how will you be able to maintain the growth momentum? Will it impact on revenue and profitability into the coming years?

I agree that nowadays because of sky shooting land prices and tightened debt market for real estate projects, a huge challenge lies in the years to come. But BSEL has leveraged risk internationally. At present, when India is suffering from stagnant real estate pricing, high inflation rate and high cost of funding, we have an advantage of diversification into middle east. We are managing all the industry challenges through geographical diversifications. We are confident that through our vision and ability to timely identify risks and challenges, we will be able to cope up with these situations better than any of our peer
companies.

Why so much concentration on overseas projects, when India has good growth stories?

India has good long term growth story and we are having lots of projects in India. However, we always look for good projects with cheaper land price, good marketability, excellent location, better FSI and infrastructure. The most positive factor for international project is cheaper land price and higher FSI. In India, the maximum FSI is upto 3 while as in overseas market the maximum FSI can go upto 100 also. In UAE we are enjoying 30 FSI.

Why have you choosen Malaysia?
Its Johor Bahru (JB) in Malaysia where we have planned our projects. This JB area of Malaysia is just 25 minutes drive from Singapore\\`s CBD (Central Business District). There is huge economy and real estate price differentiation between Singapore and JB. Prices of properties in JB are fraction of Singapore property prices. Iskandar Region Development Authority (IRDA) is planning to narrow down the gap between these two economies. Apart from this, there are reputed UAE developers who are taking huge interest in JB and are making huge investments. Considering all these we have decided to enter into JB at right time and right location.

Why your Indian operations revenues are drying up?
In this industry, it takes at least 2 - 3 years to complete construction of 3-5 lacs sq feet of area. Our Indian projects are mainly into hotels, hospitality, shopping, commercial, retail and IT Parks. All these projects would be leased out and sold only after commencement of commercial operations. Since most of the projects are acquired in 2007, we expect to complete them in next financial year (2009-10) to yield substantial revenues. Meanwhile we will continue to have sales and profits of our UAE projects, which are giving us more than expected performance.

How do you see growth from here onwards?
We have all the advantages of product and geographical diversification. We believe in right project at right price and right time. We believe in value and wealth creation for our stakeholders. With these strategies I am sure of surpassing the past growth history. Over a period of next two years, I wont be surprised if we grow even more than 400%....