American MNC Opportunity IIPowai, (Mumbai)
Minimum Investment₹ 25.00 L
Expected IRR17.06%
Entry Rental Yield10%
Asset Value₹ 40.61 Cr
Fully Funded
100% Funded
Reason For InvestingPowai is one of the most rapidly expanding business districts located in the heart of Mumbai's commercial belt. Enjoys excellent connectivity to Eastern and Western Express Highways, Mumbai International Airport and Metro stations.Chandivali, Powai enjoys excellent infrastructure and easy connectivity to the airport and metro stations
Location
LocationInfrastructure
InfrastructureAbout The Property
Boomerang is an iconic Grade A+ asset located in the heart of Powai, Mumbai's commercial hub with top class amenities, superior location and easy connectivity to the Airport, Metro lines and the Western Express Highway. Boomerang has one of the largest single floor plate (~160,000 SF) in the city providing large and flexible office spaces. It has gained the stature of A green building (certified by LEED), designed for power conservation and manpower optimization.
Location ProximityPowai is one of the most rapidly expanding business districts located in the heart of Mumbai's commercial belt. Enjoys excellent connectivity to Eastern and Western Express Highways, Mumbai International Airport and Metro stations.
Sakinaka metro station 1.7 km
Ghatkopar railway station 4.8 km
Mumbai international airport 3.0 km
Mumbai domestic airport 6.5 km
Western express highway 4.0 km
Eastern express highway 2.5 km
JVLR 1.0 km
Tenant Information SitelSitel is one of the largest global providers of end-to-end customer experience products and solutions company. Headquartered in Miami, Florida; Sitel Group provides service through 108 customer experience centres located in 21+ countries through total employee strength of over 170,000 employees. Group provides services to client customers located in 45 countries across North America, South America, Europe, Africa and Asia Pacific managing over 9 million customer experiences daily through 60 different languages. Provides customer solutions to BFSI, Healthcare, Insurance, Manufacturing, Telecom, Technology, Media & Entertainment and Travel & Hospitality industries.
Lease Start DateJanuary 2022
Lock-in Period5Years
Lease End DateJanuary 2027
Security Deposit₹ 1,10,84,878
Area26,193 sq ft
RentINR 105.8 psq ft pm
Escalation10%
FitoutsDone by Tenant
Lease Period5 Years
Building Amenities
Car Parking
Restaurants
High Speed Elevators
Club Facilities
Power Backup
CCTV Cameras
Return CalculatorEnter Capital*
₹
| Particulars | 1st Year | 2nd Year | 3rd Year | 4th Year | 5th Year | Total | |
|---|---|---|---|---|---|---|---|
| Total Investment | ₹ 30,00,000 | - | - | - | - | - | ₹ 30,00,000 |
| Rental Income | - | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 |
| Interest on Security deposit | - | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 |
| Management fee | - | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 |
| Sale Price | - | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 |
| Total | ₹ 30,00,000 | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 | ₹ 0 |
Cost Breakup