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Company History

 

HISTORY :

Mihir Corporation had early an association of 9 groups who had completed a number of constructions who overcame with the disastrous earthquake in 2000.

 FIRST PROJECT :

 First Project of the AUM CO. is “AUM CITY” which acquired 165 hector land in posh locality in Gjuajrat State Industrial Capital ‘Ahmedabad’.

Project Office :        Sunvilla Bangalows, C.P.Nagar, Ghatlodia, Ahmedabad

 Sun Villa Bungalows, this project involves construction of 50 bungalows at Ghatlodiya, C.P.Nagar, Ahmedabad, T.P.Scheme No. 1m FP 22/B at a total cost of Rs. 50 crores. Each bungalow is within the area of 500 sq feet at the rate of  8,000 Rs.  Per sq feet.

 EXECUTIVE SUMMARY :

This Scheme of Bungalow is planned for the Upper Middle Class and Rich Class Families, specially for the NRIs so that the better Home can be given to them with peaceful atmosphere within the city area. Infrastructure  like the best interior, lawn, etc.

Total cost of the Project is around 250 crores, which is to be done in the slot of 50 crores in 5 different patches. In order to complete the project successfully the company intends to attract a long term loan of 50 Million USD, in 10 installments of the 5million USD.  These funds will be used for construction, installation and commencement of the Bungalows, construction of infrastructure and initial working capital. Owner has invested his 100 % of its margin money in the Land.

COMPANY AND PROJECT

A.

Name of Company
  AUM PROJECT DEVELOPERS PVT. LTD.
Products
  Construction of Malls, Bunglows, Tenaments, Flats Etc.
Company Structure
  Private Limited Compay
Own Contribution
  100%
Founders :
                            Ashwinbhai Patel(Chairman)       
                                   Madhur M. Chhabria(Managing Director)
Date of Incorporation
  21st June, 2006
Personnel to be Hired
  50
Market
  Local
Consumers
  Local Public and NRIs

 

B. BACKGROUND AND HISTORY :