Overview
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.
Highlights
Tenant
Viaante
Min Ticket Size
25 Lakhs
Rental Yield
8.53%
Target IRR
16.2%*
*Calculated on Asset value appreciation of 7.5% CAGRAsset Area
5,904 sq ft
Asset Value
₹ 7.06 Crore
Resale Available
Location
Adjacent to Nahur Station in Central Railway route | Easy access from Eastern Express Highway | Quick city access via Goregaon-Mulund Link Road and LBS Marg
Eastern Commercial Belt
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 Mumbai, Thane.
Railway Station
Nahur Station - 0km
Bhandup Station - 1.7km
Mulund Station - 3.0km
Highways
LBS Marg - 1km
Goregaon-Mulund Link Road - 0.8km
Eastern Express Highway - 2.7km
Gallery
Tenant
Viaante, 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 services 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 Terms
Lease Start Date - July 2016
Lock-in Period - 5 Years
Lease Period - 5 Years
Lease End Date - July 2021
Area - 5,904 sq ft
Annual Rent - ₹ 61.15 Lakh
Escalation - % every years
Security Deposit - 6 months
Fitouts - Done by Tenant
Building Amenities
Developer - Raycon Infrastructure
Size of the Building - 4 Lakh sq ft
Facility Manager - Raycon Infrastructure
LEED Certified Gold Rated
CCTV Camera
Advance IBMS System
Banking and Restaurants
Power Backup
Car Parking
High Speed Elevators
Vastu Compliant
Cost Breakup
Cost of Premises
₹ 6,54,28,842
92.6%
Stamp Duty & Registration
₹ 37,98,908
5.4%
Administrative Expenses
₹ 7,60,000
1.1%
Reserves
₹ 6,86,208
1.0%
Total Ownership Cost
₹ 7,06,73,958
100.0%
Overview
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.
Highlights
Tenant
Viaante
Min Ticket Size
25 Lakhs
Rental Yield
8.53%
Target IRR
16.2%*
*Calculated on Asset value appreciation of 7.5% CAGRAsset Area
5,904 sq ft
Asset Value
₹ 7.06 Crore
Resale Available
Location
Adjacent to Nahur Station in Central Railway route | Easy access from Eastern Express Highway | Quick city access via Goregaon-Mulund Link Road and LBS Marg
Eastern Commercial Belt
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 Mumbai, Thane.
Railway Station
Nahur Station - 0km
Bhandup Station - 1.7km
Mulund Station - 3.0km
Highways
LBS Marg - 1km
Goregaon-Mulund Link Road - 0.8km
Eastern Express Highway - 2.7km
Gallery
Tenant
Viaante, 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 services 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 Terms
Lease Start Date - July 2016
Lock-in Period - 5 Years
Lease Period - 5 Years
Lease End Date - July 2021
Area - 5,904 sq ft
Annual Rent - ₹ 61.15 Lakh
Escalation - % every years
Security Deposit - 6 months
Fitouts - Done by Tenant
Building Amenities
Developer - Raycon Infrastructure
Size of the Building - 4 Lakh sq ft
Facility Manager - Raycon Infrastructure
LEED Certified Gold Rated
CCTV Camera
Advance IBMS System
Banking and Restaurants
Power Backup
Car Parking
High Speed Elevators
Vastu Compliant
Cost Breakup
Cost of Premises
₹ 6,54,28,842
92.6%
Stamp Duty & Registration
₹ 37,98,908
5.4%
Administrative Expenses
₹ 7,60,000
1.1%
Reserves
₹ 6,86,208
1.0%
Total Ownership Cost
₹ 7,06,73,958
100.0%
Overview
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.
Highlights
Tenant
Viaante
Rental Yield
8.53%
Asset Area
5,904 sq ft
Min Ticket Size
25 Lakhs
Target IRR
16.2%*
*Calculated on Asset value appreciation of 7.5% CAGRAsset Value
₹ 7.06 Crore
Resale Available
Location
Adjacent to Nahur Station in Central Railway route | Easy access from Eastern Express Highway | Quick city access via Goregaon-Mulund Link Road and LBS Marg
Eastern Commercial Belt
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 Mumbai, Thane.
Railway Station
Nahur Station - 0km
Bhandup Station - 1.7km
Mulund Station - 3.0km
Highways
LBS Marg - 1km
Goregaon-Mulund Link Road - 0.8km
Eastern Express Highway - 2.7km
Gallery
Tenant
Viaante, 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 services 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 Terms
Lease Start Date - July 2016
Lock-in Period - 5 Years
Lease Period - 5 Years
Lease End Date - July 2021
Area - 5,904 sq ft
Annual Rent - ₹ 61.15 Lakh
Escalation - % every years
Security Deposit - 6 months
Fitouts - Done by Tenant
Building Amenities
Developer - Raycon Infrastructure
Size of the Building - 4 Lakh sq ft
Facility Manager - Raycon Infrastructure
LEED Certified Gold Rated
CCTV Camera
Advance IBMS System
Banking and Restaurants
Power Backup
Car Parking
High Speed Elevators
Vastu Compliant
Cost Breakup
Cost of Premises
₹ 6,54,28,842
92.6%
Stamp Duty & Registration
₹ 37,98,908
5.4%
Administrative Expenses
₹ 7,60,000
1.1%
Reserves
₹ 6,86,208
1.0%
Total Ownership Cost
₹ 7,06,73,958
100.0%
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