«Group of companies «Titul»

Being familiar with the creativity of thinking of our employees, our international partners approached us with a request to develop a concept for the development of a land plot located on Macirio central street in Larnaca, Cyprus.

The specialists of our company have performed the following work:

• marketing analysis of local real estate market,
• High and Best Use Analysis of the land plot usage,
• Due Diligence and possibility of building a land plot,
• development concept has been developed and investment project of the land plot development has been prepared, including architectural part,
• development of the project’s financial plan,
• buyer search

According to the concept developed by our company, it was proposed to build a modern complex Century Tower, consisting of two towers of 20 and 14 floors. The project was envisaged as an exclusive high-rise building and was unprecedented in the region in terms of architectural design and construction quality. The proposed optimized design ensured the maximum building height through the use of public parking, low coverage and density conversion. The Century Tower complex included retail and commercial space on the ground floors, an apartment hotel on all upper floors, two technical floors and a parking lot. The proposed concept and architectural part were commended by international partners. Thanks to the developed concept, we were able to find a buyer for this land plot in a short time.

A client contacted our company who hadn’t been able to sell his land plot for a long time. The specialists of our company proposed to change the concept of using the land, and provided assistance in finding an investor.
Several alternative designs were developed and considered. An important factor in the development of each project was that the land plot provided for use had been located on the coastal slope, so there were some difficulties in its reclamation. First of all, for the construction of something fundamental it was necessary to reinforce extensive embankments, which could be quite costly for a potential investor. In turn, the construction of lightweight structures is not attractive because it does not harmonize with the elite and unique location.

As a result of careful selection, a choice was made in favor of one of the most attractive considered new construction projects. The project envisaged the construction of a restaurant in the shape of a snow-white yacht. Having in our hands the absolute concept of the future restaurant, our next step was to find an investor to implement this idea into life. Simultaneously with this, the construction company "Monarch" created a customer department for the implementation of the construction process.
Further, the non-easy process of approving a large number of permits for construction began: coordinating the project with local authorities, obtaining town planning conditions and restrictions for design, obtaining technical specifications for design from all organizations and utility companies, obtaining a building permit and other permits required in the process of creating a new object - and all this was only a small part of the documents provided for by the current legislation. After going through all the stages of approvals, in the spring of 2013, the customer department of "Monarch" PE received permission to start construction work.

The highly qualified design and engineering group of Monarch company carried out an extensive work to develop and bring the construction project into compliance with all applicable building standards and rules, as well as the specifics of the location of the land on the coastal slope.

After the final approval of the working project, our company proceeded to the construction process, which, according to the terms of the General Contract concluded between ‘Monarch’ private enterprise and the Customer, included:

• creation of bank protection structures (piles supporting the slope);
• excavation;
• development and creation of a pile field for the construction of the basement;
• installation of formwork;
• installation of metal structures;
• installation of monolithic structures;
• installation of internal and external engineering networks;
• installation of the roof.

This entire list of works is not exhaustive. Monarch company fulfilled its obligations under the terms of the general contract in a record 54 days. As of today, a new building has been commissioned and is functioning - a two-storey restaurant on the Black Sea Coast with an open summer terrace, which is a grace of the city and a source of pride for our company as a developer and creator of this investment project.

The confirmation of the fruitful work of our specialists in the creation of this project is that the latter was nominated and received an award in the All-Ukrainian competition for real estate and construction specialists as the best investment project in 2013 within the framework of the II National Forum "Real Estate of Ukraine".

Within the framework of the Memorandum of the Territory Integrated Development, concluded between the Vizier Village Council and ‘Group of Companies ‘TITUL’, our company, together with our foreign partners, has been working for several years on a global project to create a territory of priority sub-regional development in Odessa region. The project is being developed according to the UN program and Habitat III in the field of sustainable development and inclusive markets.

During this period, the specialists of our company have developed the following documents and carried out the work:

• analysis of the sub-region as a whole, and each administrative unit located in this territory in particular;
• development of a strategic vision for the development of the region;
• the program of the sub-region’s strategic development, the center of which will be Vizirka village. The concept of the project provides for the creation of 3 clusters: touristic, industrial and agricultural, as well as the construction of a new city to provide housing for 50 thousand people;
• zoning scheme of the territory for the construction of a new city, taking into account the new master plan of the Vizirka, including restrictions on the size of plots, the height and size of buildings, the density of land settlement, the density of the building area;
• detailed plan of the territory and architectural concept of the future city;
• calculations of all the necessary social and household infrastructure of the future city with a population of 50,000 people were carried out, with their application to the master plan of the territory;
• work has begun on organizing the process of allocating a land plot for construction;
• a video presentation of the project was prepared, which was presented to the world community at the international exhibition MIPIM in Cannes;
• negotiations are underway with international private investors and investment funds on their participation in the project.

At this stage, the industrial park Ipark joined the project, which is going to become the core of the Grigorievsky transport and industrial hub development and a strategic asset for the development of the future city. Joint negotiations are underway with enterprises in the region about their participation in the project and the purchase of housing in the new city for their employees. And the ‘Group of Companies ‘TITUL’ represented by Telman Abbasov received a mandate for the exclusive right to attract private and institutional investors to implement the project and develop the industrial park, as well as to attract new residents of the park.

Do you want to join the project and become one of the investors or a resident of the industrial park? Leave a request or contact us by phone +38 (095) 692 06 54

The owner of a hotel in the 13th station of Big Fountain that has been operating for several years, having decided to expand his business, turned to our company for a full range of services and organization of the entire process.

The specialists of our company have performed the following works:

• High and Best Use Analysis of the land plot;
• marketing analysis of Odessa hotel market;
• touristic potential analysis of Odessa region;
• creation concept development of international level hotel complex;
• development of the hotel reconstruction architectural and working projects;
• passage of all approval procedures and obtaining permits;
• carrying out of subcontracting construction works.

The sales department of our company received an object that could not be sold for a long time. It was a land plot with an unfinished private house with an area of 3,000 square meters, located outside Kiev in Obukhovsky district, Paraschina village. After monitoring the suburban real estate market in this region, the specialists of our company proposed to develop a concept for the development of this site.

The concept of the project developed by us assumed the construction of a recreation base consisting of 100 separate two-storey houses with a total house area 60 sq.m.

It was also planned to build in the allotted area:

• SPA-center with VIP – apartments in the amount of 12 rooms,
• conference – hall,
• playgrounds,
• athletic field,
• comfortable places for rest of complex guests,
• parking lot.

The competitive advantages of the projected recreation base were:

• integration a variety of leisure services into a single complex,
• suitable, attractive location,
• possibility to operate the complex all year round,
• possibility to combine work and rest,
• picturesque place, there are forests around, there is an artesian well and just 20 km from Kyiv,
• speed of construction and reduction of capital costs due to the use of modern technologies.