Orbit Corporation Limited - Carving a niche for itself


Orbit Corporation Limited (OCL), a niche real estate developer with a primary focus on redevelopment of existing properties was set up 1989; the company caters to the high-end residential and commercial properties. It focuses primarily on the re-development of existing properties at prime location in city of Mumbai. OCL, through its various ventures, has developed properties spanning over 1.5 million square feet in the prime areas of South Mumbai like Babulnath, Tardeo, Worli, Prabhadevi, Gamdevi. OCL is currently developing 39 projects.

The projects which Orbit has developed and is developing are in premium and super premium range, with innovative designs from world renowned architecture like Hafeez Contractor, Talati and Panthaky associate, Interior designer like WOW associates of Singapore. High quality construction fitted with Italian Marbles, sound proof windows and wide range of amenities like well equipped health club, indoor swimming pool. This distinct nature of orbit’s delivery model further enhances the property value, which altogether creates a better selling preposition and also project Orbit as a premium developer in MMR regions.

The Company entered the capital markets with an Initial Public Offering (“IPO”) of 9,100,000 Equity Shares of Rs. 10 each for cash at a premium along with one free detachable Warrant for Rs 110/- per equity share. The warrants issued in the IPO are listed on both the exchanges and the 1st conversion period begins in Oct, 2008.

Orbit has posted a 312% rise in consolidated net profit of Rs. 235.77 crore for the year ended March 31, 2008. Total Revenue on consolidated basis grew by 268% to Rs. 710.72 crore over previous year.

The earnings per share (Basic/Diluted) on a consolidated basis is Rs. 65.14 for fiscal 2008.

The company has been presented with one of the most prestigious Retail and Real Estate Achievement ward -2006 by Real Estate Observer.

Current Projects

Orbit is currently developing 23 projects, below is the profile of some of the land-mark structures coming up at various premium locations in Mumbai

Residential

Orbit Arya, Napeansea Road

  • Panoramic ocean view from all rooms Only one apartment per floor
  • High quality stainless steel reinforcement bars
  • Aura and Vaastu conformed homes
  • Large, open air decks
  • Designer entrance lobby created by Wong Chiu Man of WOW Associates, Singapore
  • Designer Landscape by by Wong Chiu Man of WOW Associates, Singapore
  • Soundproof double/triple glazed windows
  • Lobby furnished with rare Italian stone
  • 8 floors of car parking with hi-tech car elevators/ mechanized car parking
  • Clear ceiling height of 11 feet
  • 3 high-speed Mitsubishi elevators including one stretcher elevator
  • 7 star health club with pulse equipment, swimming pool, sand pit, children’s play area, landscape open air garden
  • Panic button for emergencies, video phones and ultra modern security system
  • Award winning façade
  • Actual sanctioned super builtup area charged
  • Designed by Hafeez Contractor and Wong Chiu Man of WOW Associates, Singapore

Apartment Type

  • Typical floor which is 4BHK area is 6050 Sq.Ft approx
  • Duplex – 5BHK – 10300 SqFt Approx

Orbit Heaven, Napeansea Road

  • 19 storey tower with the first habitable floor on the 10th floor Panoramic view from all sides
  • Only one apartment per floor
  • 3 BHK apartments of approximately 4300 SFT
  • High quality stainless steel reinforcement bars
  • Vaastu and Aura conformed homes
  • Stainless Steel water supply pipes
  • 7 Star Health Club with Swimming Pool
  • Children’s play area
  • Soundproof double glazed Italian windows
  • 3 high speed Mitsubishi elevators, including one stretcher cum service elevators
  • 6 floors of car parking
  • Seismic Resistance Design
  • Cable TV with Intercom and CCTV, Video door phone
  • Concierge, International Property Managers and Valets

Apartment Type

  • 4300 Sq.Ft approx (all floors) 3BHK

Orbit Heights, Nana Chowk

Ready-to-move Aura conformed homes with 3 choices in size and 3 in interiors i.e. Contemporary Modern, Ethnic Indian, Mediterranean Interiors designed by Wong Chiu Man of WOW Associates, Singapore

  • Panoramic view from all the sides of the apartments
  • Italian marble flooring, teakwood door frames, imported sanitary ware & Grohe fittings
  • Double glazed windows
  • Grand 25 feet entrance lobby
  • Well-equipped health and fitness center
  • Indoor swimming pool
  • 5 star health club with whirlpool, steam and sauna
  • World class elevators with stretcher lift
  • Automatic car parking system from Korea
  • Rainwater harvesting
  • Sewage treatment plant and vermicultural systems
  • Seismic resistance of Zone III as prescribed by IS Code
  • Designed by Hafeez Contractor

Apartment Type

  • 2 apartments on each floor area ranging between 2327 sqft – 2460 sqft

Orbit Grand, Lower Parel

  • Strategically located surrounded with nature, infrastructure and luxury
  • Exquisitely designed entrance lobby
  • Vaastu and Aura conformed homes
  • Open sundecks
  • La Fabbrica Italian stone flooring
  • Landscaped open air garden on podium level
  • Plunge pool and indoor games
  • Fully equipped health and fitness center
  • Children's play area
  • Multi-level car parking with car elevators
  • Intercom and CCTV facility
  • Eco friendly with sewage treatment plant and vermicultural systems
  • Enhanced structural safety against earthquakes
  • World class fire fighting and security systems
  • Designed by Hafeez Contractor

Apartment Type

  • On the lower i.e till 6th floor we have 1 (3BHK) & 2 (Studio Appartments) so three appartments on each floor

Higher Floor

  • 2 appartments on each floor 3BHK & 2 BHK (i,e two studios combined)

Orbit Eternia, Lower Parel

  • Strategically located surrounded with nature, infrastructure and luxury
  • Exquisitely designed entrance lobby
  • Vaastu and Aura conformed homes
  • Open sundecks
  • La Fabbrica Italian stone flooring
  • Landscaped open air garden on podium level
  • Plunge pool and indoor games
  • Fully equipped health and fitness center
  • Chidlren’s play area
  • Multi-level car parking with car elevators
  • Intercom and CCTV facility
  • Eco friendly with sewage treatment plant and vermicultural systems
  • Enhanced structural safety against earthquakes
  • World class fire fighting and security systems
  • Designed by Hafeez Contractor

Aprtment Type

  • 2 appartments on each floor
  • 1 side 2BHK – area 1200 sqft
  • The other side 3bhk – 1600 sqft.

Villa Orbit, Napeansea Road

  • 7 star suites for homes Only one apartment per floor
  • Panoramic ocean view from all rooms
  • High quality stainless steel reinforcement bars
  • Aura and Vaastu conformed homes
  • 5 floors of car parking with hi-tech car elevators
  • 7 star health club with swimming pool, squash court, snooker and TT tables, sand pit, children’s play area, library and exclusive sitting area, party hall
  • 4 high speed Mitsubishi elevators including one stretcher elevator
  • Cladding of façade with stone imported from lobby
  • 24 hour security concierge system
  • Piped music in common areas
  • Air conditioned lobby
  • Actual sanctioned super builtup area charged
  • Designed by Talati & Panthaky Associates

Apartment Type

  • 7500 sq.ft approx throughout the building (all floors) – 5BHK


Commercial Projects

Hafeez Contractor House, Lower Parel

Green Building Certification

  • Technologically advanced, intelligent building and a never before avant garde design
  • Efficient floor plate to enhance optimization of space
  • Helipad on the top floor
  • Approximately 2.5 lac SQ FT in total and around 11,800 SQ FT per floor
  • Energy efficient double-glazed windows to eliminate sound and heat
  • World class fire fighting and security systems
  • 8 high speed to carry 20 passengers each, including 2 glass backed elevators ensuring you reach your work place from the drop-off in less than 3 minutes
  • 2 service elevators
  • Multi-storey car parking
  • Hi-speed broadband internet connectivity
  • Power from separate substations including inhouse genset for common amenities and areas
  • Terrace garden of approximately 3,900 SQ FT after every 5 floors
  • Landscaped garden with water feature
  • Food court and banking facilities like ATM
  • Fully-equipped fitness center and salon

JSW House, BKC

  • 2 wings with a central atrium going up to the 11th floor
  • Dual entrance from BKC and CST Road
  • Contemporary fusion elevation with world class ambience
  • 6 Mitsubishi elevators with 2 service elevators
  • State of the art telecommunication and data transfer infrastructure
  • Provision for independent gensets with cabling infrastructure in place
  • 100% power backup for common amenities
  • Double Gazed Glass windows
  • Ample parking space
  • Grand entrance lobby with Italian marble
  • Landscaped gardens by a renowned landscaper from Singapore
  • Multi-cuisine food court with a 24 hour coffee shop and separate smoking sections
  • Fitness Center with housekeeping facilities and Salon, Jacuzzi and sauna
  • Conceptualized and designed by Burt Hill Inc.

Orbit Plaza, Near BKC

  • A custom-built hi-tech project designed to meet the requirements of Fortune 500 companies
  • Highly polished blue reflective glass on the exterior with double glazed windows for sufficient natural light
  • 3 high speed elevators, of which 2 are external glass backed elevators
  • Adequate 3 phase power supply provided upto the distribution board with a minimum provision of 300 KV-LT power for each floor
  • Landscaped garden with water fountains


Please log on to company website for more details www.orbitcorp.com


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