Invest Inr 12 Cr or to Inr 21 Cr for different floors to earn 8 % annual yield & 14% annualized long-term ROI.
Tenanted office space on Hosur Main road,Bangalore
Why invest in this opportunity?
The opportunity is to invest in one floor or both in a Grade
A office park located in South Bengaluru within close proximity to HSR Layout
and Koramangala and Electronic city.This
property has access to high street retail, premium, affordable and luxury residential
within the 5 Km radius.
Accessibility & Location
The property is located on 100 feet Hosur road. With a
walking distance to Metro Station from the building.
Metro will be commissioned in this micro-market in 2022,this will further improve the attractiveness of this location.
Market & Asset Performance
TThis micro market has office inventory of 11 million sqft. Continental and Siemens signed 0.85 and 0.72 million sqft at a warm shell monthly rent of INR 80 per sqft and INR 72 sqft respectively. However, average monthly rentals in this market is in range of INR 45-55 per sqft. H1 2021 witnessed leasing of approximately 70k sqft.
Expected Growth Scenarios
Post commencement of metro
in 2022, this micro-market will witness spike in real estate activities. The
average annual absorption is expected to be around 1 million sqft from 2022
onwards. The rentals is expected to appreciate at 5% annually in medium