CONSTRUCTING MARVELS

We work with some of the finest talents in the field of architecture, engineering, design, and construction; partnering with them in conceptualizing and delivering real estate platforms which are sustainable and dynamic.

Our endeavour has been to create exceptional work environments that meet the dynamic requirements of our discerning clients. Our expertise lies in creating large ecosystems which provide enhanced employee productivity and operational cost efficiencies for our clients.

Our competent and experienced design and engineering teams have a well-established track record of having put together some of the largest business parks in India. Our innate understanding of our clients’ business needs enables us to create sustainable real estate solutions, tailor-made to meet their requirements. This expertise permits us to create enduring, cutting-edge, artistic solutions for new developments while meeting client expectations of quality and time.

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Being cognizant of the influence that a building and its surrounding environment have on each other, we pay great attention to sustainability, carefully crafting all projects with environment-friendly designs and energy efficiency.

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CONSTRUCTING MARVELS

We work with some of the finest talents in the field of architecture, engineering, design, and construction; partnering with them in conceptualizing and delivering real estate platforms which are sustainable and dynamic.

Our endeavour has been to create exceptional work environments that meet the dynamic requirements of our discerning clients. Our expertise lies in creating large ecosystems which provide enhanced employee productivity and operational cost efficiencies for our clients.

Our competent and experienced design and engineering teams have a well-established track record of having put together some of the largest business parks in India. Our innate understanding of our clients’ business needs enables us to create sustainable real estate solutions, tailor-made to meet their requirements. This expertise permits us to create enduring, cutting-edge, artistic solutions for new developments while meeting client expectations of quality and time.

Being cognizant of the influence that a building and its surrounding environment have on each other, we pay great attention to sustainability, carefully crafting all projects with environment-friendly designs and energy efficiency.

LEASING

WE UNDERSTAND

Our in-depth knowledge, expansive network and expertise over the years allow us to deliver greater value for our partners

At Mindspace, it is our goal to create long-lasting relationships with our tenants from all our operational markets. Our consultative relationship is led by a proficient and experienced team which understands precise business requirements, and offers tailor made solutions. With six decades of expertise and the ability to continuously evolve with the changing times, we have a thorough understanding of the markets and client requirements. Each business requirement is meticulously planned – from understanding demands and preferences to offering multiple solutions for clients to optimize their operational necessities.

CUSTOMIZED PROJECTS
PERFECTLY TAILOR MADE

With realty experience spanning over six decades, K Raheja Corp understands evolving business needs of corporates, and customizes properties that match specific requirements.

Recent commercial developments have focused on only providing space, while ignoring other, more crucial requirements that make a work environment productive. K Raheja Corp, backed by intense research, has been instrumental in conceptualising and creating holistic and customized spaces, with tailor made design and amenities. From recreational areas and security to broadband connectivity, it is always a holistic end-to-end service.

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Our research has also highlighted that corporates seek complete spaces built from start to finish by people they trust. K Raheja Corp has therefore created Customized Spaces which take into consideration various factors and the evolving needs of the dynamic commercial community. These spaces are far more than just construction and beautiful architecture; they combine form and function to provide an encouraging environment that is streamlined to match the core belief of our esteemed clients.

Combining our skills and expertise gained in all aspects of building and construction, we provide customised projects, replete with plush interior design that pays close attention to detail, gadgets for enhanced functionality, and manicured green spaces.

Going beyond the offerings of interiors and logistics, K Raheja Corp also ensures top-notch technology to match the futuristic construction.

Living up to its trusted name in the industry, the company also pays close attention to detail when it comes to the safety and security of each of its customised developments.

Core Inputs from K Raheja Corp

  • Planning spaces
  • Designing spaces
  • Creating required infrastructure and amenities
  • Project approvals
  • Legal approvals from Government or Municipal corporations
  • Project scheduling
  • Timely completion and delivery
  • Financial assistance
THE DAWN OF CUSTOMIZATION

K Raheja Corp's focus has always been the end-user, offering flexible solutions for a versatile range of client requirements. The Company's innovative inputs begin right from the initial planning stage, down to the finishing and detailing of the construction of the edifice.
Work spaces are designed keeping in mind the specific functional, aesthetic and infrastructural requirements of an organisation. The core inputs from K Raheja Corp further extend to the necessary legal approvals and even financial assistance.
This understanding has made K Raheja Corp the most trusted name and first choice of back office processing, banking and software development companies.
All customized projects deliver far more than swanky commercial developments, offering clients comprehensive workspaces which meet specific needs and are the result of years of insight mining and customer feedback that have helped K Raheja Corp customise projects that truly reflect the ethos of an organisation.

show less...

CUSTOMIZED PROJECTS
PERFECTLY TAILOR MADE

With realty experience spanning over six decades, K Raheja Corp understands evolving business needs of corporates, and customizes properties that match specific requirements.

Recent commercial developments have focused on only providing space, while ignoring other, more crucial requirements that make a work environment productive. K Raheja Corp, backed by intense research, has been instrumental in conceptualising and creating holistic and customized spaces, with tailor made design and amenities. From recreational areas and security to broadband connectivity, it is always a holistic end-to-end service.
Our research has also highlighted that corporates seek complete spaces built from start to finish by people they trust. K Raheja Corp has therefore created Customized Spaces which take into consideration various factors and the evolving needs of the dynamic commercial community. These spaces are far more than just construction and beautiful architecture; they combine form and function to provide an encouraging environment that is streamlined to match the core belief of our esteemed clients.

READ MORE

Combining our skills and expertise gained in all aspects of building and construction, we provide customised projects, replete with plush interior design that pays close attention to detail, gadgets for enhanced functionality, and manicured green spaces.
Going beyond the offerings of interiors and logistics, K Raheja Corp also ensures top-notch technology to match the futuristic construction.
Living up to its trusted name in the industry, the company also pays close attention to detail when it comes to the safety and security of each of its customised developments.
Core Inputs from K Raheja Corp
  • Planning spaces
  • Designing spaces
  • Creating required infrastructure and amenities
  • Project approvals
  • Legal approvals from Government or Municipal corporations
  • Project scheduling
  • Timely completion and delivery
  • Financial assistance
THE DAWN OF CUSTOMIZATION

K Raheja Corp's focus has always been the end-user, offering flexible solutions for a versatile range of client requirements. The Company's innovative inputs begin right from the initial planning stage, down to the finishing and detailing of the construction of the edifice.
Work spaces are designed keeping in mind the specific functional, aesthetic and infrastructural requirements of an organisation. The core inputs from K Raheja Corp further extend to the necessary legal approvals and even financial assistance.
This understanding has made K Raheja Corp the most trusted name and first choice of back office processing, banking and software development companies.
All customized projects deliver far more than swanky commercial developments, offering clients comprehensive workspaces which meet specific needs and are the result of years of insight mining and customer feedback that have helped K Raheja Corp customise projects that truly reflect the ethos of an organisation. )

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SEZ
PERFECTLY TAILOR MADE

SPECIAL ECONOMIC ZONE

  • SEZ is the next big thing the real estate arena would be experiencing within the coming years. Considering this, we have taken smart steps in implementing several SEZ projects in the states of Maharashtra and Andhra Pradesh.
  • A Special Economic Zone (SEZ) is a geographical region that has economic laws that are more liberal than a country's typical economic laws. Usually the goal is an increase in foreign investment. Special Economic Zones have been established in several countries, including the People's Republic of China, India, Iran, Jordan, Poland, Kazakhstan, the Philippines and Russia.

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KEY CRITERIA FOR APPROVAL OF SEZ AND RESTRICTIONS

  • Development of world-class infrastructure for export of goods and services and generation of significant additional economic activity
  • Positive net foreign exchange earnings
  • Promotion of investments from domestic and foreign sources
  • Creation of employment opportunities
  • Restrictions on sale of land
  • The developer as to hold a minimum of 26% stake in the SEZ to retain all the benefits
  • Minimum size requirements depending on products or services offered
  • Maintenance of sovereignty and integrity of India and security of the states
SEZ Type & Minimum area requirements

Type of SEZMinimum AreaProcessing Area
Multi product Multi product exclusively for services1000 hectares (200 hectares in specified states) 100 hectares35% or more of total area 35% or more of total area
Sector specific or in a port or airport100 hectares50% or more of total area
Electronic hardware and software, including ITES10 hectares50% or more of total area and minimum built up area of approximately 1.1 million sq. ft. (100,000 sq. m)
Biotechnology, non-conventional energy or gems and jewellery10 hectares50% or more of total area and minimum built up area of approximately 0.4 million sq. ft. (40,000 sq. m)
Sector specific (other than IT/ITES, biotechnology etc) in specified states50 hectares50% or more of total area
Free trade & warehousing zone (whether as a part of multi-product SEZ or otherwise)
  • Only FTWZ: 40 hectares with a built up area of not less than approximately 1.1 million sq. ft. (100,000 sq. m)
  • Part of multi-product: No area stipulation
  • Part of sector specific SEZ: Maximum area is 20% of processing area
Note: 1 hectare = approximately 2.5 acres
 
Salient features and facilities in SEZ

  • A designated duty free enclave which is to be treated as foreign territory for trade operations, duties and tariffs
  • No license required for import
  • Exemption from customs duty on import of capital goods, raw materials, consumables, spares etc.
  • Exemption from Central Excise duty on procurement of capital goods, raw materials, consumable spares etc. from the domestic market
  • Supplies from DTA to SEZ units treated as deemed export
  • Reimbursement of Central Sales Tax paid on domestic purchases
  • 100% income tax exemption for a block of five years, 50% tax exemptions for two years and up to 50% of the Profits ploughed back for next 3 years under section 10-A of Income Tax Act
  • Supplies from DTA to SEZ to be treated as exports under 80HHC of the Income Tax Act.
  • Carry forward of losses
  • 100% Income-tax exemption for 3 years & 50% for 2 years under section 80-LA of the Income Tax Act for offshore banking units
  • Reimbursement of duty paid on furnace oil, procured from domestic oil companies to SEZ units as per the rate of Drawback notified by the Directorate General of Foreign Trade. SEZ units may be for manufacturing, trading or service activity
  • SEZ unit to be positive net foreign exchange earner within three years
  • Performance of the units to be monitored by a Committee headed by Development Commissioner and consisting of Customs
  • 100% Foreign Direct Investment in manufacturing sector allowed through automatic route, barring a few sectors
  • Facility to retain 100% foreign exchange receipts in EEFC Account
  • Facility to realize and repatriate export proceeds within 12 months
  • Re-export imported goods found defective, goods imported from foreign suppliers on loan basis etc. without G.R. Waiver under intimation to the Development Commissioner
  • "Write-off" of unrealized exports bills up to 5%
  • Commodity hedging by SEZ units permitted Capitalization of import payables
  • No cap on foreign investment for SSI reserved items
  • Exemption from industrial licensing requirement for items reserved for SSI sector
  • Profits allowed to be repatriated freely without any dividend-balancing requirement
  • Domestic Sales on full duty subject to import policy in force
  • No fixed wastage norms
  • Full freedom for subcontracting including subcontracting abroad. Subcontracting facility available to jewellery units
  • Duty free goods to be utilized in 5 years
  • Job work on behalf of domestic exporters for direct export allowed
  • No routine examination by customs of exports and import cargo
  • No separate documentation required for customs and Exim Policy
  • In house customs clearance
  • Support services like banking, post office clearing agents etc. provided in Zone Complex
  • Developed plots and ready to use built up space
  • Exemption from Custom/Excise Duty on goods for setting up units in the zone

Facilities For SEZ Developers

  • Developer of SEZ may import/procure goods without payment of duty for the development, operation and maintenance of SEZ.
  • Income tax exemption for a block of 10 years in 15 years at the option of developer as per section 80-IA of the Income Tax Act read with Appendix 14-II-N of Handbook of Procedure.
  • Full freedom in allocation of developed plots to approved SEZ units on purely commercial basis.
  • Full authority to provide services like water, electricity, security, restaurants, recreation centres etc. on commercial lines.
  • Foreign investment permitted to develop township within the SEZ with residential areas, markets, play grounds, clubs, recreation centres and more.
  • Develop Standard Design Factory (SDF) building in exiting Special Economic Zones. Guidelines at Appendix 14-II-N
  • Income Tax exemption to Investors in SEZs under section 10 (23) G of the Income Tax Act.
  • Exemption from Service Tax.
  • Investment made by individuals in SEZ Company also eligible for exemption u/s 88 of the IT Act.
  • Development promoted to transfer infrastructure facility for operations and maintenance u/s 80-I-A of IT Act.
  • Generation, Transmission and Distribution of Power in SEZs allowed.
  • For detailed information on Draft SEZ Bill 2004 log in to www.sezindia.nic.in
SEZ Projects By K Raheja Corp

No.ProjectPlaceStateAreaType
1.MindspaceMadhapur, Hyderabad Andhra Pradesh 16.00 hectaresIT/ITES
2.MindspaceAiroli, Navi MumbaiMaharashtra14.07 hectaresIT/ITES
3.TTCJui Nagar, Navi MumbaiMaharashtra21.47 hectaresIT/ITES
 
About Indian SEZ

  • Considering the need to enhance foreign investment and promote exports from the country and realizing the need that a level playing field must be made available to the domestic enterprises and manufacturers to be competitive globally, the Government of India, in April, 2000 announced the introduction of the Special Economic Zones policy in the country. They are deemed to be foreign territory for the purposes of trade operations, duties and tariffs. The Special Economic Zones in India closely follow the PRC (Pupils Republic of China) model.
  • Currently, India has 15 SEZs, each an average size of 200 acres. The government has approved as many as 164 or more SEZs. 8 Export Processing Zones (EPZs) have been converted into SEZs. These are fully functional. All these SEZs are in various parts of the country in the private/joint sectors or by the State Government.

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ASSET AND FACILITIES MANAGEMENT

MATRIX PROPERTY MANAGEMENT SERVICES

At Mindspace, we endeavour to deliver to Clients a smooth and seamless working experience offering end to end solutions for efficient client management.

With an objective to ensure proper upkeep of all properties and providing superior working environment for its occupants, Matrix Property Management Services- a part of K Raheja Corp., offers comprehensive Asset Management and Property Management services. This division currently manages more than 20mn sq. ft. of commercial and residential properties across India. Matrix has offices in all operational locations providing end to end services to its clients including transition, handover of completed buildings, operating with best in class agencies and OEMs, and acting as a custodian of all assets.

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Accounting and Financial Management

Providing comprehensive asset management solutions including billing, recoveries, MIS, and ensuring statutory compliances. Working on an automated platform with SAP.

Soft Services

Matrix manages the common areas of the buildings and complexes which include regular cleaning of all buildings, stone care, pest control, disinfecting the premises, waste management, common washroom maintenance, façade cleaning and more. Constantly evaluating latest trends both in technology and using environmentally friendly material for cleaning.

Horticulture

With significant focus to ensure more than adequate green spaces are available, Matrix continues to maintain the same across multiple seasons and by using recycled water, ensuring zero wastage. Further by planting more trees over the years, it has been able to enhance the green cover in the campuses. Urban Farming, a client initiative recently taken up as an extension of horticulture to inculcate the habit of home farming/organic vegetable farming.

Fire Safety

As per the statutory requirement, Matrix maintains the firefighting systems in working condition and monitors the systems 24X7 again with dedicated manpower and location-specific fire safety team. Add on initiatives include fire drills, setting up of emergency rescue teams and regular training and interaction with clients to ensure full preparedness for any emergency

Procurement and Contract Management

A Central Procurement Team has been established to cater to material and contractual requirement of each site. The team manages shortlisting and appointment of all manpower agencies, issuing AMCs for critical equipment and ensuring compliance to SLAs. By regular Vendor management and review, Matrix gets the best agencies in the industry to work on the sites.

Building Health Check

There is constant monitoring of all buildings depending on the age, wear and tear of equipment and on the basis of client feedback. An actionable road map is created to ensure the buildings are well maintained and timely action is taken to repair or replace any equipment as required.

show less...

ASSET AND FACILITIES MANAGEMENT

MATRIX PROPERTY MANAGEMENT SERVICES

At Mindspace, we endeavour to deliver to Clients a smooth and seamless working experience offering end to end solutions for efficient client management.

With an objective to ensure proper upkeep of all properties and providing superior working environment for its occupants, Matrix Property Management Services- a part of K Raheja Corp., offers comprehensive Asset Management and Property Management services. This division currently manages more than 20mn sq. ft. of commercial and residential properties across India. Matrix has offices in all operational locations providing end to end services to its clients including transition, handover of completed buildings, operating with best in class agencies and OEMs, and acting as a custodian of all assets.

Accounting and Financial Management
Providing comprehensive asset management solutions including billing, recoveries, MIS, and ensuring statutory compliances. Working on an automated platform with SAP.

READ MORE

Soft Services

Matrix manages the common areas of the buildings and complexes which include regular cleaning of all buildings, stone care, pest control, disinfecting the premises, waste management, common washroom maintenance, façade cleaning and more. Constantly evaluating latest trends both in technology and using environmentally friendly material for cleaning.

Horticulture

With significant focus to ensure more than adequate green spaces are available, Matrix continues to maintain the same across multiple seasons and by using recycled water, ensuring zero wastage. Further by planting more trees over the years, it has been able to enhance the green cover in the campuses. Urban Farming, a client initiative recently taken up as an extension of horticulture to inculcate the habit of home farming/organic vegetable farming.

Fire Safety

As per the statutory requirement, Matrix maintains the firefighting systems in working condition and monitors the systems 24X7 again with dedicated manpower and location-specific fire safety team. Add on initiatives include fire drills, setting up of emergency rescue teams and regular training and interaction with clients to ensure full preparedness for any emergency

Procurement and Contract Management

A Central Procurement Team has been established to cater to material and contractual requirement of each site. The team manages shortlisting and appointment of all manpower agencies, issuing AMCs for critical equipment and ensuring compliance to SLAs. By regular Vendor management and review, Matrix gets the best agencies in the industry to work on the sites.

Building Health Check

There is constant monitoring of all buildings depending on the age, wear and tear of equipment and on the basis of client feedback. An actionable road map is created to ensure the buildings are well maintained and timely action is taken to repair or replace any equipment as required.

show less...