Ackruti Centre Point 2Andheri East, (Mumbai)
Minimum Investment₹ 25.00 L
Expected IRR15.19%
Entry Rental Yield8.99%
Asset Value₹ 19.44 Cr
Fully Funded
100% Funded
Reason For InvestingAn evergreen investment destination, Andheri, houses many commercial spaces, including media houses, IT/ITeS, consulting, pharmaceutical companies and logistic offices. It is one of the largest areas of Mumbai & is well-connected to the other parts.An evergreen investment destination, Andheri, houses many commercial spaces, including media houses, IT/ITeS, consulting, pharmaceutical companies and logistic offices. It is one of the largest areas of Mumbai & is well-connected to the other parts.
Location
LocationInfrastructure
InfrastructureAbout The Property
An ideal opportunity to invest in a Grade A+ asset located at Ackruti Centre Point, Andheri. The asset is located on the 7th floor of the building and is let out to IIFL Securities (IIFL). IIFL is a Grade A tenants with long lease and lock-in. It is one of the leading financial services company in India. The asset is located in Andheri which is an evergreen real estate market primarily known for its proximity to the International and Domestic Airports and for the MIDC, SEEPZ, IT hubs and commercial spaces. It is home to many known global brands and corporate offices and has excellent connectivity from both Central and Harbour railway lines. It is a very attractive investment opportunity given the asset and tenant quality, long lease and location advantage.
Location ProximityAn evergreen investment destination, Andheri, houses many commercial spaces, including media houses, IT/ITeS, consulting, pharmaceutical companies and logistic offices. It is one of the largest areas of Mumbai & is well-connected to the other parts.
Chakala Metro Station(line 3)
MIDC Metro Station(line)
Andheri Railway Station
Mumbai Domestic Airport
Mumbai International Airport
Tenant InformationIIFLIIFL is one of the leading players in the Indian financial services, founded in 1995. It has net-worth of over ₹ 45 bn and global presence in Canada, United States, UK, Singapore, HongKong, Switzerland, Mauritius, and UAE. IIFL has a workforce of 10,500+ employees and a strong network of over 2,250 service locations spread across India. It has more than ₹233 bn loan assets under management, over ₹ 1,250 bn wealth assets & 300+ world’s top institutional investors relying on IIFL's research.
Lease Start DateMarch 2021
Lock-in Period5Years
Lease End DateMarch 2026
Security Deposit₹ 32,43,24,324
Area15,361 sq ft
RentINR 82 psq ft pm
Escalation12%
FitoutsDone by Tenant
Lease Period5 Years
Building Amenities
Car Parking
High Speed Elevators
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