IBC Knowledge Park

	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

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

Sale Value

40,26,275

Total

(₹25,00,000)

₹2,24,511

₹2,20,532

₹2,24,700

₹2,27,965

₹42,78,415

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.

IBC Knowledge Park

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Investment Returns

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