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OVERVIEW OF THE GROUP

Bestech Group is an ISO 9001:2000 company, emerging as one of the most respected and renowned business houses in India over the last 2 decades. Its success stems from the foundation of trust built by clients and a dedicated team of 600 employees; its work force consists of professionally qualified engineers, marketing professionals, technicians and executives who have chartered this journey of growth. The group has developed impeccable goodwill and enjoys a position of leadership in India in its operating sector. The group has a marketing network led by a highly skilled and motivated marketing and technical team spread nation-wide consisting of professionals employed with the company and dealers. The group maintains a very close relationship with its customers to be able to be constantly in touch with customer needs and feedback. At Bestech, they understand the need to blend the emotional connectivity and customer satisfaction with modern technology and competitiveness. Bestech has a rich heritage of superior performance founded on uncompromising commitment and meticulous planning in a cost-effective manner. The pioneering spirit that drives the group to chart new courses is the ability to consolidate and diversify into newer vistas and ventures, by constantly innovation and improving on ongoing projects. They believe that their endeavours and commitment has delivered Bestech to a place where their brand has become synonymous with the timely delivery of quality construction.

Prepared & Compiled by Geld Advisory Services Private Limited

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Bestech Group has consolidated its business into three major areas of the construction and development industries sector i.e. Real Estate, Hospitality and Construction which are prime areas of business, employment generation and quality creations. Bestech Group was founded by Mr. Dharmendra Bhandari (Director) & Mr. Sunil Satija (Director), in early 90s; today, the group has many laurels to its credit in the fields of Real estate. The group has rapidly advanced as a leading hospitality provider in a very short period of time across the country. They are developing 3 IT Parks spanning approximately 2 million sqft at the most prime location in Gurgaon, and the integrated townships & group housing projects of approximately. 8 million Sq.ft which are nearing completion and under development at Gurgaon and Dharuhera (Haryana). The group also has made its foray into large format multi specialty retail malls in Chandigarh/ Mohali which is in a mixed development of 12 acres.

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ABOUT THE BUSINESS


Bestech Group is a leading real estate developer with more than two decades of proven track record of construction and development. Over the years Bestech has successfully commissioned many modern commercial, residential and institutional complexes. Bestech is committed to quality, trust and building relations. It strives to deliver on promises with agility and financial prudence. Bestech Group was established in 80s by two engineering professionals Dharmendra Bhandari and Sunil Satija. The core business traditionally has been real estate development. Bestech forayed into hospitality sector in the year 2002. Already a major player in real estate, the group is capitalizing on the recent boom in the Indian economy which has generated a huge demand for hotels in India. Bestech Hospitalities Pvt. Ltd is a fully owned company of Bestech Group, established with the objective of becoming a premier hospitality provider, spanning the length and breadth of the country. Bestech Hospitalities Pvt. Ltd, is an integrated hospitality development and ownership company focused on premium and mid-segment business hotels, resorts and serviced apartments. The group already owns and operates two business hotels, the Radisson Suites in Gurgaon and the Park Plaza in Noida. The Radisson hotel Indore is the third hotel of the group and four more hotels are scheduled to open in the next four years. We are going to commission a 215-room Radisson hotel in Nagpur in 2011, a 150-room hotel in Daruhera in 2012, a 150-room hotel in Mohali in 2013 and a 200 room hotel in Gurgaon in 2015 mentioned Dharmendra Bhandari. We believe in quality and want to be best in class. A team of internationally renowned architects and designers have designed these hotels, remarked Sunil Satija. Bestech hospitality has recently launched Radisson Hotel Indore featuring 18 suites and 183 comfortable, stylish and spacious rooms. The hotel encapsulates contemporary charm for the modern day business or leisure traveller. Guests can indulge in a number of distinctive dining options such as The Creative Kitchen; an all day dining restaurant serving global cuisine, The Great Kabab Factory; an Indian specialty restaurant offering a unique dining experience, The Lobby Bar; an ideal venue to unwind, offering an array of international spirits and wines, and The Cakewalk; presenting only the finest of sweetmeats and pastries. The Radisson Hotel Indore features 38,000 square feet of banqueting area that is ideal for conferences, meetings and social gatherings, and can accommodate up to 1000 people. Another key
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highlight is the extensive wellness facilities located on the hotels landscaped roof top, offering a breathtaking view of the city and comprising a swimming pool, gym with yoga room and a world class spa offering a range of therapies. The hotel is equipped with state-of-the-art audio/visual equipment, fire safety & security systems. With several premium commercial and residential projects already commissioned and handed-over, the Bestech Group is aggressively expanding its real estate portfolio across India. Currently over 2000 premium residential flats are under construction and will be ready for delivery in 2011-2012. The group is set to launch its newest 1500 flat residential complex, Parkview Ananda, in the heart of Gurgaon soon. The city of Mohali, near Chandigarh, will see a huge mixed-use complex coming up soon, by Bestech Group. Spread over 12.5 acres, the complex in Mohali will house residences, commercial/retail space, IT Park and a 5-Star hotel.

Prepared & Compiled by Geld Advisory Services Private Limited

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