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    Proposal Lemongrass

    Uploaded by

    Sivakumar Veerappan
    The document describes the details of two office floors for sale, the 10th and 11th floors. The 10th floor has a super built up area of 69,472 sqft yielding a monthly rent of Rs. 47,93,775 or Rs. 69 per sqft. The 11th floor has a super built up area of 54,500 sqft and is divided between two tenants, with rents of Rs. 74 and Rs. 78 per sqft. Both floors come with car parking spaces included in the rent. The seller expects sale prices of around Rs. 75.097 crores for the 10th floor and Rs. 57.875 crores for the 11th floor.

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    Proposal Lemongrass

    Uploaded by

    Sivakumar Veerappan
    38 views2 pages
    The document describes the details of two office floors for sale, the 10th and 11th floors. The 10th floor has a super built up area of 69,472 sqft yielding a monthly rent of Rs. 47,93,775 or Rs. 69 per sqft. The 11th floor has a super built up area of 54,500 sqft and is divided between two tenants, with rents of Rs. 74 and Rs. 78 per sqft. Both floors come with car parking spaces included in the rent. The seller expects sale prices of around Rs. 75.097 crores for the 10th floor and Rs. 57.875 crores for the 11th floor.

    Original Description:

    Lemongrass cultivation Estimate

    Original Title

    Proposal Lemongrass

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    The document describes the details of two office floors for sale, the 10th and 11th floors. The 10th floor has a super built up area of 69,472 sqft yielding a monthly rent of Rs. 47,93,775 or Rs. 69 per sqft. The 11th floor has a super built up area of 54,500 sqft and is divided between two tenants, with rents of Rs. 74 and Rs. 78 per sqft. Both floors come with car parking spaces included in the rent. The seller expects sale prices of around Rs. 75.097 crores for the 10th floor and Rs. 57.875 crores for the 11th floor.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    38 views2 pages

    Proposal Lemongrass

    Uploaded by

    Sivakumar Veerappan
    The document describes the details of two office floors for sale, the 10th and 11th floors. The 10th floor has a super built up area of 69,472 sqft yielding a monthly rent of Rs. 47,93,775 or Rs. 69 per sqft. The 11th floor has a super built up area of 54,500 sqft and is divided between two tenants, with rents of Rs. 74 and Rs. 78 per sqft. Both floors come with car parking spaces included in the rent. The seller expects sale prices of around Rs. 75.097 crores for the 10th floor and Rs. 57.875 crores for the 11th floor.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    The tenth floor with a super built up area of 69,472 Square feet and a carpet area of

    52,106.25 Square feet is yielding a total rent of INR 47,93,775 per month working out to an
    average rent of Rs 69/Sqft. 125 car parks have been offered at no extra rent. The Sellers
    expectation is around INR 75.097 crores as a sale consideration. The annual rental revenue
    less the corporation taxes works out to INR 5,50,30,816. The annual yield to the investor
    works out to 7.32%.

    Super built up area for sale : 69,472 sq.ft.

    Floors available for sale : 10th

    Super built up area : 69,472 sq.ft

    Carpet area : 52,106.25 sqft

    Rent : Rs 69/-sq ft ( RENT Rs.47,93,775/ PER MONTH )

    Refundable deposit : 8 months rent

    Tenant : NETCRACKER

    MAINTENANCE : Rs.5/- per Sqft + applicable service tax.

    CHARGE FOR THE GENERATOR

    AND CHILLER. : Rs.11.31 per unit. Rs.210.00 per KVA (for 1585 KVA).

    CORPORATION TAX : Rs 24,94,484/-

    Car parking charges included in the net rent : yes

    Lease start date : August 1st 2016

    Lease period : 6 years

    Lock in period : 3 years

    Escalation : 15% once in three years

    No of car parking : 125 nos

    Price : Rs 10,000/-sqft

    Price for the car parking : Rs 4,50,000/per carpark


    The Eleventh floor with a super built up area of 54,500 Square feet and a carpet area of 42451
    Square feet is yielding a total rent of INR 42,02,000 per month working out to an average rent
    of Rs 74/Sqft for 22,000 sqft and Rs 78/Sqft for 33,000 sqft. 75 car parks have been offered at
    no extra rent. The Sellers expectation is around INR 57.875 crores as a sale consideration.
    The annual rental revenue less the corporation taxes works out to INR 4,79,84,135. The
    annual yield to the investor works out to 8.29%.

    Super built up area for sale : 54,500 sq.ft.

    Floors available for sale : 11th

    Super built up area of the eleventh floor : 54,500 sq.ft

    Carpet area of the 11th floor : 42,451 sqft

    11th floor is given to Two client's divided as 22,000 sqft & 33,000 sqft

    Rent : Rs 74/-sq ft x 22,000 sq ft = Rs. 16,28,000/month

    & Rs 78/sq ft x 33,000 sq ft = Rs. 25,74,000/month

    Refundable deposit : 8 months rent

    MAINTENANCE : Rs.5/- per Sqft + applicable service tax.

    CHARGE FOR THE GENERATOR

    AND CHILLER. : Rs.11.31 per unit. Rs.210.00 per KVA (for 1585 KVA).

    CORPORATION TAX : Rs 24,39,865/-

    Car parking charges included in the net rent : yes

    Lease start date : Jan 2017, & June 2017

    Lease period : 6 years

    Lock in period : 3 years

    Escalation : 15% once in three years

    No of car parking : 75 nos

    Price : Rs 10,000/-sqft

    Price for the car parking : Rs 4,50,000/per carpark

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