32 Der Deutsche ParkzEastern Commercial Belt, (Mumbai)
Minimum Investment₹ 25.00 L
Expected IRR16.2%
Entry Rental Yield8.53%
Asset Value₹ 7.07 Cr
Fully Funded
100% Funded
Reason For InvestingFastest 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 MumbFastest 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.
Location
LocationInfrastructure
InfrastructureAbout The Property
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 Viaante, a Grade A tenant offering IT solutions to global clients in healthcare, pharma and legal sectors. It is one of the fast-growing IT services company with offices in India, US & UK.
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
Nahur Station
Bhandup Station
Mulund Station
Goregaon Mulund Link Road
Eastern Express Highway
Tenant InformationViaanteViaante, founded by ex-Hexaware Global Sales Head, Neil Parekh and ex-Hexaware Technology and Innovation Team Head, Sameer Shah, provides total BPO, KPO & IT Solutions. One of the fastest growing IT service company with 700+ employees, 6 delivery centres, ISO 9001-2015 Certified. Having its head office in Mumbai, it also has offices in US & UK. Revenue and profit have tripled since 2015. Company has zero debt as per the latest balance sheet.
Lease Start DateAugust 2016
Lock-in Period5Years
Lease End DateAugust 2021
Security Deposit₹ 0
Area5,904 sq ft
RentINR 86 psq ft pm
Escalation15%
FitoutsDone by Tenant
Lease Period5 Years
Building Amenities
CCTV Cameras
Power Backup
High Speed Elevators
Car Parking
Restaurants
Banking
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