success. story. sunrise.

Vaswani Group

MR. NEVILE VASWANI, MD - VASWANI GROUP

“Capital 9 has been of great help in giving us custom solutions for our unique needs, in the shortest turn-around time. It was a revelation to find such a team to help us.”

THE CHALLENGE

Vaswani Group are leading real estate property developers and builders operating in major metropolis across India. They required to raise funds for adding a multiplex floor in a well located shopping mall that was operating with just 23% occupancy – way below industry standards.

The challenge was to convince financial institutions to lend against a mall property with poor occupancy levels and dismal footfall. What heightened the challenge was the current financial scenario in which loans for a multi-tenant mall property was of least preference to financial institutions.

THE CAPITAL 9 ADVANTAGE

First, we aligned with LightHouse Mall Management Consultants to understand the projections on new tenancy. Following this we prepared a thorough report that covered all the challenges and was worthy of favourable consideration from leading financial institutions.  The effort to convince bankers to lend against mall property basis future cash flows finally paid off and gave Vaswani group the Capital 9 advantage!

THE SUCCESS STORY

The Vaswani Mall found ample fund for a multiplex floor. This in turn found the success of an 86% occupancy within 6 months of cash infusion. The increasing foot falls generated profitable revenues for the invested tenants of the Mall allowing them to experience the philosophy of every Vaswani project – that soul is as important as luxury and amenities in construction!