A short video describing the property and its key amenities.
There is an opportunity to purchase a 5,107 sf commercial office space in The Capital within the Bandra Kurla Complex, Mumbai for an all-in cost of Rs. 18,87,00,000 (Rs. 36.949 per sf) which implies a 8% inplace yield and a 20% discount to what the developer is quoting.
The Capital is a 1.2 mn sf Grade A+ office building located in Mumbai’s central business district – Bandra Kurla Complex and houses the India headquarters of Deutsche Bank. It is arguably one of the top 3 office developments in BKC.
We believe the pricing, location, tenant, rental yield and quality of the development will lead to significant upside over the next 4-5 years.
Bandra Kurla Complex is Mumbai’s ﬁnancial centre and the preferred location for all blue chip ﬁnancial and investment ﬁrms. It houses headquarters of the National Stock Exchange, SEBI, large public and private sector banks, international consulates, ﬁve star hotels, international schools and convention centres.
Well laid out floor divisible into separate office with lifts in the middle and bathrooms in the four corners.
Name: Clix Capital
Office Locations: Mumbai, Gurugram, Bengaluru
Description: Clix Capital is an NBFC cum private equity fund with $300 million Assets Under Management (AUM) backed by AION Capital a $1.5 billion fund that took over GE Capital’s business in India. It is run by Pramod Bhasin, ex CEO and President of GENPACT.
|DAY 0||Year 1||Year 2||Year 3||Year 4||Year 5|
|investment||( ₹ 18,87,00,000 )|
|interest on deposit||5,74,538||5,74,538||5,74,538||5,74,538||5,74,538|
|TOTAL||( ₹ 18,87,00,000 )||₹ 1,50,98,846||₹ 1,50,98,846||₹ 1,72,77,492||₹ 1,72,77,492||₹ 32,11,80,729|