₹ 20 Lakh

Min. Investment

8.2%

First-Year Rental

13%

Targeted IRR

NRO

Invest via

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

₹ 3.85 Cr

/ ₹ 38.50 Cr

Investment Raised

Schedule a call with our NRI Experts to Invest now

Investment & Return

How can an investor exit?

Investor can exit in various ways

  1. In secondary market to an existing investor of this property or a new investor.
  2. Through partner’s family office or AIF.
  3. 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

1 year

Exit Load

Minimal (decided on case-to-case basis)

Why Invest ?

Major Business Hub

Located in prominent business areas with more than 25 MNCs or companies like Accenture, Wipro, Infosys, Flipkart, Mcafee, Robert Bosch and more

Reputed Tenant

Property leased to Bhive Workspace - managing 16,500+ seater office spaces in 16 locations in Bangalore

High Capital Appreciation

One of the most sought after residential and commercial area in Bangalore. In April’22, similar property was bought by a family office at Rs. 55,000+ per sq. ft.

Flexible payment

Pay 1% now (100% refundable) to book your portion, rest 99% to be paid after 3 months

Overview

Offering a 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 etc.

Tenancy

Tenant Overview

Bhive Workspace is the tenant – one of the oldest co-working brand in Bangalore operating spaces in more than 16 locations in Bangalore with 16,500+ seating capacity. Backed by one of the reputed venture capital funds – Blume Ventures.

Tenant lock-in: 7 years


Acquisition Details

Builtup Area (sq.ft)

22,385

Land Plot Area sq ft

9,600

Price Rs. p.sq ft on Builtup

15,635

Gross Price Rs.

350,000,000

Stamp Duty & Registration

21,780,000

Retailing Cost

10,500,000

Legal Costs

1,500,000

Property Tax

1,220,000


Total Price

INR 385,000,000

Location

TM towers Koramangala 4th Block, 100 feet road

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

₹ 3.85 Cr

/ ₹ 38.50 Cr

Investment Raised

Schedule a call with our NRI Experts to Invest now

Not able to decide yet?Schedule 30 Min Consultation

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