Iftas, Times Square, Andheri - Kurla Rd, Gamdevi, Marol, Andheri East, Mumbai, Maharashtra 400059, India
For Sale, Fractional Investment $28,975 Onwards - Office
Details about the Investment Proposal
a. Video Explanation of the Investment Opportunity: Click Here
b: Why to Invest? Investment Rationale- Investment Memorandum: Click Here
c: Know How Much Your Investment will Earn – Financial Model- Click Here
d: Rent Agreement including other Lease Terms – Click Here
Information About the Tenant
a: Website: Smart Works Coworking Spaces Pvt Ltd
Information About the Sub-Tenant
a: Video Link on Indian Financial Technology & Allied Services (“IFTAS”): It is a Reserve Bank of India (“RBI”) Subsidiary Click Here
Information on Property- Times Square C Tower
Times Square: A Leed Gold Rated building, A stylish and contemporary Business Lounge having a business class IT space experience is being conceptualized at “TIMES SQUARE” – A BUSINESS DESTINATIONS’, for the business barons that add to their status. Times Square is a project by Ajmera. Located at Marol on the Andheri Kurla Road, a sophisticated IT hub in Mumbai. It has been designed keeping international standards in mind, giving each the opportunity to thrive in an invigoration global ambiance.”
* Rent Period Started from 2020
Additional Details
- Tenant: Smart Works Coworking Spaces Pvt Ltd
- Sub-Tenant: Indian Financial Technology & Allied Services ("IFTAS")
- Lease Period: 15*
- Lock In: 5+5
- Rent Escalation: 15% Every 3 Years
- Average Rental Yield: 10.5%
- Target IRR: ~13.6%
