What is School Real-Estate Model?
GEMS group continues its search for suitable school lands and buildings from real estate developers or local landlords in BTS (Build to Suit) model on long-lease or revenue sharing basis.
Who can apply School Real-Estate Model?
GEMS invites applications from real-estate developers or landowners having suitable lands along with the ability to construct a school building in BTS (Build to Suit) model as per our requirements.
Requirements for land and building selection criteria?
| Super Premium | Premium | Standard | |
|---|---|---|---|
| Avg. Student Fees Potential | 4 Lacs | 2 Lacs | 1 Lacs |
| Geography | Metro Cities | Metro & Semi-Metro Cities | Any Cities |
| School’s Student Capacity Potential @100% | Minimum 700+ | Minimum 1500+ Students | Minimum 1500+ Students |
| School Building | Minimum 35000+ SQFT | Minimum 100000+ SQFT | Minimum 100000+ SQFT |
| Land Area | Minimum 0.5 Acres | Minimum 2+ Acres | Minimum 2+ Acres |
| Construction Phases | 1 Phase | 2 to 3 Phases | 2 to 3 Phases |
Role and Responsibility?
GEMS:
GEMS will take the possession of school land and building from the land owner and operate and manage the day-to-day school operations. GEMS will pay the pre-agreed rent or revenue share to land owner.
Landowner:
Landowner shall construct the school building, campus with all amenities (in a ready-to-use condition) as per GEMS specification; and handover the school building to GEMS.
Landowner will be responsible for maintenance and upgradration of the school infrastructure.
Key requirements under School Real-Estate Model?
- Land owner shall construct school building based on the GEMS specifications.
- Agreement period shall be of minimum 20+ years.
- There shall be discounted rentals provision for the first few years of agreement.
Procedure to apply?
- Fill up the enquiry form with complete and accurate details.
- GEMS representative will connect with you over a zoom or phone call to understand your eligibility better.
- Landowner will be going through the (DD) due diligence process for personal background, business background, financial background, proposed land and building check, any prior legal cases or liability, etc.
- Lease or revenue share agreement will be executed with the detail school specifications and project completion timelines.
About GEMS Education
- 190 Schools, 7,00,000+ Students, 176 Nationalist and 10 Countries.
- School presence in USA, UK, France, Qatar, UAE, Malaysia, Egypt, KSA, Kenya and India.
- GEMS is the world’s oldest and largest K12 private education provider brand.
- GEMS is the largest employer of British, North America and Indian teachers outside their home countries.
- Over the past 5 years alone GEMS Students have won 2,100 international, national and regional awards in academics, sport & the art.
Validation Certificate
Every operational school will be awarded a validation certificate by GEMS Education India.
FAQs
A: The School Real-Estate Model is a model employed by GEMS Education where they search for suitable school lands and buildings from real estate developers or local landlords. The arrangement is based on the Build to Suit (BTS) concept, either through long-term leasing or revenue sharing.
A: GEMS Education invites applications from real estate developers or landowners who have suitable lands and the ability to construct a school building in the BTS (Build to Suit) model according to GEMS' requirements.
GEMS' Role: GEMS takes possession of the school land and building from the landowner and operates and manages the day-to-day school operations. GEMS pays the pre-agreed rent or revenue share to the landowner.
Landowner's Role: The landowner is responsible for constructing the school building and campus with all the required amenities, ensuring it is ready-to-use and in accordance with GEMS' specifications. The landowner then hands over the school building to GEMS. The landowner is also responsible for the maintenance and upgradation of the school infrastructure.
• The landowner should construct the school building based on the specifications provided by GEMS.
• The agreement period should be a minimum of 20+ years.
• There may be provisions for discounted rentals during the initial years of the agreement
Apply Now
Note: By submitting your application, you are authorizing GEMS Education India to contact you using the contact details provided. Please note that the information contained in the above proposal is subject to potential changes or modifications at the time of the final agreement. It is important to acknowledge that these alterations may occur due to various factors, including the business potential in different geographies, specific business situations, and comprehensive due diligence check reports. As a result, the final rights pertaining to any association, affiliation, collaboration, or partnerships are exclusively reserved with GEMS Education India, solidifying their authority in the decision-making process.