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31 Der Deutsche Parkz
31 Der Deutsche Parkz
31 Der Deutsche ParkzEastern Commercial Belt, (Mumbai)
Minimum Investment₹ 25.00 L
Expected IRR15.13%
Entry Rental Yield7.63%
Asset Value₹ 5.00 Cr
Fully Funded
100% Funded
Reason For Investing
Location
Location
Fastest developing Information Technology hub within city limits and Optimum cost alternative to Central Business Districts. Large residential developments such as Runwal Greens, Wadhwa Atmosphere. Located between southern and western belt, Navi Mumb
Infrastructure
Infrastructure
Fastest developing technology hub within city limits and optimum cost alternative to Central Business Districts. Large residential developments such as Runwal Greens, and Wadhwa Atmosphere. Located between southern & western belt, Navi Mumbai.
About The Property
property image
property image
property image
The asset is located in Der Deutsche Parkz, one of the premium IT Parks in the Eastern Commercial Belt. Der Deutsche Parkz is an IT Park housing multinationals and prestigious Indian companies. Located just next to Nahur railway station, it spans over an area of 4 lakh sq ft and is a LEED certified Gold Rated by USGBC. The building is easily accessible from rail and road, making it an ideal investment option. The asset is leased out to AUDITime, a Grade A tenant offering governance, risk, compliance - solutions and services with expertise in risk & audit management, data analytics and data confidence. Their services are used by Fortune 500 companies, leading banks, financial institutions and manufacturing giants alike.
Location ProximityFastest developing Information Technology hub within city limits and Optimum cost alternative to Central Business Districts. Large residential developments such as Runwal Greens, Wadhwa Atmosphere. Located between southern and western belt, Navi Mumb
location proximity
Nahur
Bhandup Station
Mulund Railway Station
LBS Marg
GoregaonMulund Link Road
Eastern Express Highway
location proximity
Tenant InformationAUDItimeAUDItime is in the business of providing consultancy services to various industries. It is known for providing solutions to companies facing Governance, risk and Compliance issues. The organisation's inhouse talent pool of experienced professionals and technical experts makes it a go to firm for issues pertaining to Risk and Audit Management, Data Analytics and Data Confidence. AUDItime has portfolio of diversified clients ranging from industries like banking, financial services, insurance, manufacturing etc. Some of the renowned clients are Barclays, ICICI Bank, Axis Bank, Bank of India, Mahindra Group, Siemens, Merrill Lynch. The company has a proprietary product called VUEFRAME, which is a control monitoring tool that connects deep into the business processes and systems and reflects their health and state on a dashboard.
Lease Start DateOctober 2018
Lock-in Period3Years
Lease End DateOctober 2023
Security Deposit 24,35,435
Area4,813 sq ft
RentINR 70 psq ft pm
Escalation15%
FitoutsDone by Tenant
Lease Period5 Years
Building Amenities
Car Parking
CCTV Cameras
Power Backup
Restaurants
Banking
High Speed Elevators
Return CalculatorEnter Capital*
Particulars1st Year2nd Year3rd Year4th Year5th YearTotal
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
Cost of Premises4,69,41,80293.91%
Stamp Duty and Registration30,45,6986.09%
Total Acquisition Cost4,99,87,500100%