carousel image
carousel image
carousel image
carousel image

₹ 30 Lakhs

Min. Investment

9.3%

First-Year Rental

13.06%

Targeted IRR

NRO/NRE

Invest via

This is a rare find. Opportunity usually finished within 2-3 Days

₹ 25.40 Cr

/ ₹ 63.50 Cr

Investment Raised

Schedule a call with our NRI Experts to Invest now

Investment & Return

How can an investor exit?

After 6 months, investor can sell in secondary market to an existing investor of this property or a new investor. Or at the time of sale of asset.

Taxation

User receives monthly rental payouts and at the time of sale of asset:

  • Rental payouts are taxed at investor’s tax slab in India
  • Gains at the time of sale of asset are taxed at 10%

Investor Lock-in

6 months, after that investor is free to sell

Exit Load

1%, if investor sells during 6-12 months since entering into the agreement. No exit load after 12 months

Exact Returns

Rs. 30 Lakh investment at 6% annual asset value appreciation would give a total return of ~Rs. 1.23 Cr at the end of asset tenue (returns before tax and performance fees)

Why Invest

Fast Growing Warehousing Hub

The asset is located in a major warehousing facility in Hoskote, near Bangalore. This area is hub to several logistics players & international brands. Bengaluru warehousing market grew at 35% CAGR in terms of transactions, since 2017.

Excellent Connectivity

Located on Old Madras Road (NH 75) which gives excellent connectivity to Bangalore, Chennai & Tirupati. The area is also close to upcoming Bangalore-Chennai Expressway.

Tier-1 Tenant

The tenant is a leading provider of end-to-end supply chain management & logistics services in India. The Company specializes in providing logistics for computers, high-end phones & other electronic goods.

Overview

This is an opportunity to invest in a brand new, Grade-A warehousing asset located in Hoskote, near Bangalore. The Tenant Company’s parent is listed on BSE & operating for last 29 years. Lease of 15 years and Tenant Lock-in period of 7 years. With high yields, long lease terms, excellent location, and a world class tenant, this asset makes for a compelling investment opportunity.

Tenancy

Tenant Overview

Tier-1 tenant with parent Company listed on BSE with market valuation $8 Billion+.

  • HQ:  

    Chennai

  • Established:  

    2012 (Parent started in 1993)

  • Warehouses:  

    165

  • Locations Serviced:  

    36,000

  • Present in:  

    India, Africa, Middle East, East Asia

Rental Details

Monthly rent (₹/sqft)

₹ 19.7


Escalation on base rent

15% in 4th year & 5% p.a. thereafter


Security Deposit

6 Months


Rental Starting From

Nov 2022 onwards


Floor Plan

The asset is a single structure that spans over 2 Lakh Sq. Ft. Structure is a Pre-Engineered Building (PEB) to meet global manufacturing standards.

2,18,562 sqft

Total Opportunity Space

Price

Gross Purchase Price

₹ 59,71,11,384


Registration & Stamp duty

₹ 1,75,01,335


Acquisition Fee

₹ 1,78,13,342


Legal Fees

₹ 15,00,000


Reserves

₹ 10,73,940


Net Purchase Price

₹ 63,50,00,000


Location

The asset is located on Old Madras Road, along the Hoskote-Narasapura Belt. The area is well connected to Bengaluru, Chennai, and Tirupati. The area is also close to the upcoming Bengaluru-Chennai expressway.

The area is a growing warehousing & manufacturing hub and is home to several Indian & International automobile, pharmaceutical, and electronics businesses.

Airport


Distance from Bangalore Airport

40 km

Highways


Bangalore-Chennai Expressway (upcoming)

0.5 kms

This is a rare find. Opportunity usually finished within 2-3 Days

₹ 25.40 Cr

/ ₹ 63.50 Cr

Investment Raised

Schedule a call with our NRI Experts to Invest now

Not able to decide yet?Schedule 30 Min Consultation

Related Projects

TM Towers Bangalore

Invest in premium pre-leased commercial property located in Koramangala 100Ft. Road, Bangalore. The asset spans ~22,000 sq ft with a seating capacity of 900 and is managed by BHIVE Workspace. The opportunity is an ideal long-term commercial investment opportunity. Located in prominent area surrounded by Billionaire’s Colony and well-connected with Indiranagar, MG Road, Outer Ring Road, Bellandur e

Investment Raised

₹ 3.85 Cr/ ₹ 38.50 Cr

10% Raised

Bhive Workspace, Bangalore

Invest in premium property located in one of the most vibrant business hubs of Bangalore (Indiranagar). It is a 1,400+ seater office space with principal guarantee from our partner. Indiranagar is well connected to other areas by Metro, bus and others & flanked by other business hubs like MG Road, Koramangala, Outer Ring Road.

Investment Raised

₹ 3.50 Cr/ ₹ 10.00 Cr

35% Raised

Bhive Workspace, Bangalore

Invest in premium property located in one of the most vibrant business hubs of Bangalore (Indiranagar). It is a 1,400+ seater office space with principal guarantee from our partner. Indiranagar is well connected to other areas by Metro, bus and others & flanked by other business hubs like MG Road, Koramangala, Outer Ring Road.

Investment Raised

6.00 cr/ 10.00 cr

60% Raised