You can now place both Bids and Offers with Property Share.
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3+
Bannerghatta Road , Bangalore
Fully Funded
Monthy Rent
₹18,709
Ownership
0.6%
INVESTORS
FUNDED
15 Oct 2017
Invet Now - Request initialted
Bid/ ask
You can now place both Bids and Offers with Property Share.
A Bid is the price at which a given number of shares are available to buy.
An Offer is the price at which owned shares are available for sale.
9%
HIGH RENTAL YIELD
18.2%
HIGH RETURNS
₹ 11,350
ATTRACTIVE PRICE
Grade A+
QUALITY
Monthly Rent
₹ 16,626
Management Fee
₹ 2,083
10% TDS
₹ 1,871
Yearly Rent
₹ 1,99,512
Management Fee
₹ 25,000
Income Tax
₹ 22,451
DAY 0 | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | |
---|---|---|---|---|---|---|
Investment | (₹25,00,000) | |||||
Rents | 1,89,698 | 2,10,719 | 2,14,888 | 2,18,153 | 2,42,327 | |
Rent Top-up | 25,000 | - | - | - | - | |
Interest on Deposit | 9,813 | 9,813 | 9,813 | 9,813 | 9,813 | |
Sale Value | - | - | - | - | 40,26,275 | |
Total | (₹25,00,000) | ₹2,24,511 | ₹2,20,532 | ₹2,24,700 | ₹2,27,965 | ₹42,78,415 |
Name
LG
Country
Seoul (South Korea)
Description
South Korean multinational electronics company (Fortune 200) Distributor of products for electronics system design, maintenance and repair.
Time Period
Lease Start Date
01 Jan 2017
Lock-in Period
3 YEARS
Lease End Date
01 Jan 2026
Tenant Highlights
12,690 SF
Total Area
₹82
Rent Per SF
9 YEARS
Lease Period
15%
Escalation
Name
Element 14
Country
Leeds (U.K.)
Description
UK based technology major
Time Period
Lease Start Date
01 Jul 2017
Lock-in Period
3 YEARS
Lease End Date
01 Jul 2027
Tenant Highlights
19,587 SF
Total Area
₹78
Rent Per SF
10 YEARS
Lease Period
15%
Escalation
|
₹ 36,63,46,769 ₹ 2,41,78,886 ₹ 73,26,935 ₹ 11,75,754 ₹ 9,71,654 |
IBC is a 2 mn sf Grade A office park in South Bangalore with a blue-chip tenant roster including Accenture, Oracle, LG, Byju’s, Swiggy among others. It is located at the start of Bannerghatta Road, close to the dense residential hubs of Koramangala, Jayanagar and JP Nagar.
The project is spread over 4 towers. Property Share’s unit is in Tower D on the 11th Floor.
There is an opportunity to purchase a 32,277 square feet floor in IBC Knowledge Park, Bangalore tenanted to LG Electronics and Elements 14 for an all-in cost of Rs. 40,00,00,000 (Rs. 11,350 per sf) implying a 9% yield for pre-book investors and 18.2% IRR.
IBC is a 2 mn sf Grade A office park in South Bangalore with a blue-chip tenant roster including Accenture, Oracle, LG, Byju’s, Swiggy among others. It is located at the start of Bannerghatta Road, close to the dense residential hubs of Koramangala, Jayanagar and JP Nagar. The property is within walking distance of 2 metro stations on the Red Line of the Metro which is currently under-construction and estimated to be completed by 2022 which is well within the hold period of investment.
Property Share’s floor is leased to electronics and home appliances major LG Electronics and to electronics component distributor Elements 14.
We believe the pricing, location (upcoming metro line), rental yield and quality of the development will lead to significant upside over the next 4-5 years.
25-Jan-2019
MOU Signed
29-Jan-2019
Funding Opened
Investment Note
Property Share's Detailed Investment Note
Legal Title Report
Detailed Report on the Title diligence of the property by Amarchand Mangaldas
Investment
schedule call
Confirm
How much do you want to invest?
25 lakhs
25 lakhs
Rental Yield
9%
Monthly Rent
₹ 18,709
Ownership
0.6%
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