41 DER DEUTSCHE PARKZEastern Commercial Belt, (Mumbai)
Minimum Investment₹ 2.50 L
Expected IRR17.63%
Entry Rental Yield9.19%
Asset Value₹ 17.07 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 & western belt, Navi MumbaiFastest 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 Ingenico, a leader in the payment industry for more than 30 years. Based out of Paris, Ingenico has offices across 46 countries and commercial presence across 170 countries across the globe.
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 & western belt, Navi Mumbai
Nahur
Bhandup Station
Mulund Station
LBS Marg
GoregaonMulund Link Road
Eastern Express Highway
Tenant InformationIngenico ePaymentsIngenico Group is a France based company founded by Jean-Jacques Poutrel and Michel Malhouitre in 1980. It is a partner to financial institutions, e-commerce, small merchants, major retailers and provides smart, trusted and secure payment solutions across in-store, online and mobile channels. Ingenico has led the payment industry for more than 30 years to become the global leader in seamless payment. Headquartered in Paris, Ingenico has a commercial presence in 170 countries. They have around 46 offices worldwide and more than 9000 employees spread around the globe. Ingenico has been listed on the Paris Stock Exchange since 1985 and they were the first company to obtain online/offline PCI-SSC PIN Entry Device (PED) Certification. In 2020, Ingenico e-payments merged with Worldline, the 4 th largest player in payment services worldwide.
Lease Start DateMay 2019
Lock-in Period3Years
Lease End DateMay 2024
Security Deposit₹ 0
Area20,863 sq ft
RentINR 82 psq ft pm
Escalation5%
FitoutsDone by Tenant
Lease Period5 Years
Building Amenities
Car Parking
CCTV Cameras
Power Backup
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