TIRUPATI URBAN DEVELOPMENT AUTHORITY - TIRUPATHI ...

Tirupathi Urban Development Authority
EXHIBIT 12
SAMPLE CALCULATIONS FOR COMMERCIAL OFFER
Note: The calculations given below are for example purpose only and the numbers have no
bearing to the actual business plan of Project.
Assuming the Business Plan of the Project as:
Residential Built-up Area (A)
Commercial Built-up Area (B)
: 1,000,000 sq. ft
: 1,00,000 sq. ft
Year 2009 2010 2011 2012 2013
Percentage Sale
Residential (C) 10% 15% 20% 25% 30%
Retail (D) 15% 15% 25% 25% 20%
Sale Price(Rs/ Sq ft)
Residential (E) 1000 1100 1200 1300 1400
Retail (F) 2000 2250 2500 2750 3000
As such, the cash realization to the Bidder as TUDA’s assumed Business Plan shall be as:
Figures in Rs Crores
Year 2009 2010 2011 2012 2013
Residential [G = A x C x E] 10.00 16.50 24.00 32.50 42.00
Retail [H = B x D x F] 3.00 3.38 6.25 6.88 6.00
Assuming the Commercial Offers of Bidders as:
Bidder 1
Development Fee (I)
: Rs 10 crores
% Residential Revenue Sharing (J) : 10%
% Commercial Revenue Sharing (K) : 15%
Bidder 2
Development Fee (L)
: Rs 15 crores
% Residential Revenue Sharing (M) : 05%
% Commercial Revenue Sharing (N) : 10%
With the assumed Business Plan of TUDA, the implied cashflows to TUDA from the
Bidders are as:
Figures in Rs Crores
Request For Proposal
Development of Integrated Tourism Temple Township on Public Private Partnership Basis
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