American MNC OpportunityPowai, (Mumbai)
Minimum Investment₹ 25.00 L
Expected IRR16.4%
Entry Rental Yield10%
Asset Value₹ 42.61 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. It enjoys excellent connectivity to the rest of the city, with nearby transport links such as the Sakinaka Metro Station.Powai is just 3 km from the Mumbai International Airport, making it a popular location for business travellers. Its central location and connectivity make it an ideal destination for businesses and professionals alike.
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. It enjoys excellent connectivity to the rest of the city, with nearby transport links such as the Sakinaka Metro Station.
Sakinaka metro station1.7 km
Powai Udyan (upcoming Line 6 Metro) 1.5 KM
Eastern express highway 2.5 km
Mumbai International Airport 3.0 KM
Western Express Highway 4.0 KM
Tenant InformationSitelSitel Group is a Miami-based company that offers customer experience solutions through 108 centers in 21+ countries. They serve clients in 45 countries, managing over 9 million daily customer experiences in 60 languages. Their clients come from various industries including BFSI, Healthcare, Insurance, Manufacturing, Telecom, Technology, Media & Entertainment, and Travel & Hospitality. They have a workforce of over 170,000 employees
Lease Start DateJanuary 2022
Lock-in Period5Years
Lease End DateJanuary 2027
Security Deposit₹ 1,16,34,614
Area27,492 sq ft
RentINR 105.8 psq ft pm
Escalation10%
FitoutsDone by Tenant
Lease Period5 Years
Building Amenities
High Speed Elevators
CCTV Cameras
Restaurants
Power Backup
Banking
Car Parking
Club Facilities
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