31 Der Deutsche Parkz
Eastern Commercial Belt, Mumbai

Overview

Developer
Raycon Infrastructure
Size
4,813 sq ft
Tenant
AUDItime Quality Management
Total Asset Cost
4.99 Crore
Ownership Options
Completely Funded
Min Ticket SizeRental YieldYield + Appreciation RateCalc. Rent
25 Lakh8.09%13 - 18% I'm Interested
Photos

FloorPlan

Video WalkThrough

Financial Model

Year 1Year 2Year 3Year 4
Cost Breakup
Cost of Premises
4,69,41,802
94%
Stamp Duty & Registration
30,45,698
6%
Forecast of Capital Appreciation
0%
YIELD + APPRECIATION
8.09%
Note: Positive appreciation rate, or growth, is always subject to market events & conditions

About the Tenant

AUDItime Quality Management
Annual Rent
40.42 Lakh
Lease Period
Until Sep 2023
Lock-in Period
Until Sep 2021
Fitouts
Done by Tenant
Background
AUDItime 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.

About the Building

Size of the Building
4,813 sq ft
Developer
Raycon Infrastructure
Facility Manager
Raycon Infrastructure
Amenities
LEED Certified Gold Rated
Advance IBMS System
CCTV Camera
Vastu Compliant
High Speed Elevators
Power Backup
Car Parking
Banking and Restaurants
Location
Adjacent to Nahur Station in Central Rail route
Easy access from Eastern Express Highway
Quick city access via Goregaon-Mulund Link Road and LBS Marg

About the Neighbourhood

Eastern Commercial Belt
The saturation of the Western Commercial Belt accompanied by the skyrocketing commercial real estate prices has led to the emergence of Eastern Commercial Belt as the go-to location for the information technology companies. The Eastern region has seen tremendous growth both in the demand and supply of commercial properties. Companies looking for cost-efficient solutions with great infrastructure and amenities have found this upcoming belt highly enticing. This region is also witnessing an increase in the number of residential properties, which is a value addition for the companies as most of the employees want to live in close proximity to their workplace and cut down the travel time. Within a short period of time, the region has evolved from what was earlier known for factories and industrial activities, to becoming hubs for back-office operations and now transforming into main office destinations.
Overall Vacancy in Eastern Commercial Belt
8%