₹4.11 Cr

Investment Size

Bangalore

Location

Brigade Twin towers, Yeshwanthpur, Bangalore

Why invest in this opportunity

Northwest corridor of Bangalore is very well-connected macro market to key employment hubs and transport nodes. It’s home of 30 marquee occupiers including Amazon, H&M, Samsung, Regus and many others. This investment opportunity is part of a about to complete Grade A project Brigade twin towers, which is spread across 12.95 acres with 1.21 mn sq.ft development.

Accessibility and Location

Excellent connectivity through metro to all parts of the city, direct connectivity to ring roads (ORR,NICE), close to proposed BMIC and PRR infrastructure and proximity to industrial cluster of Bangalore.

Market and Asset class performance

Supply in this market is 2.1msf and occupancy level is 83%. Grade A rentals range from Rs 65 to 80 Rs/Sqft and the average passing rent is lower than ORR market rent by 15 % that is above Rs 90 per sqft.

Expected Growth Scenario

North west is a solution to ease Bangalore city’s congestion and offering limited assets. This market can be a strong alternative to ORR and whitefield. The connectivity infrastructure and livability conditions are far better than many other micro markets of the city.