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PropCrown Global LLP, Suncity Success Tower-B Golf Course Ext Rd, Sector 65, Gurugram, Haryana 122005
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Strata Industrial Opportunity I
Hosur, Tamil Nadu 2,79,815 sq.ft.
Rs. 25 Lacs
Min Investment
9.4 %
Average Rental Yield
12.1 %*
Target IRR
Leading furnishing brand
Tenant
Nov 2021
Lease Start
5 yrs
Lease Lock-in Period
Oct 2031
Lease End
Overview
This is an opportunity to invest in a Grade-A industrial space located inside Avigna Logistics & Industrial Park in Hosur, Tamil Nadu. The asset spans 2,79,815 sqft. and is leased to a leading mattress & home furnishing brand. The opportunity is valued at Rs. 64.1 Cr. With a lucrative yield, long lease, marquee tenant, and healthy value appreciation, the asset is an ideal long-term investment opportunity.
Location
The asset is located in the industrial town of Hosur, Tamil Nadu and lies next to a state highway. Both Bengaluru and Chennai are easily accessible and the area has excellent multi-modal transport options. The vicinity is occupied by several major manufacturing, production, and storage facilities of Wakefit, Tata Electronics, The Aditya Birla Group, TVS, Flipkart, Amazon, Titan, Nike, Ashok Leyland, DHL, among others
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Airport
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Hosur Airport
50 Kms
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Bengaluru Airport
80 Kms
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Highways
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National Highway 44 - Bangalore
40.6 Kms
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National Highway 44 - Chennai
308 Kms
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Railway Station
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Hosur Railway Station
7 Kms
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Tenant Overview
The tenant is a major player in the online mattress & home furnishing space in India and is backed by major VCs to the tune of over 250 Crores. The company aims to more than double its revenue this year by offering more products and expanding its reach to Tier-II and Tier-III cities.The tenant is leasing the asset (B2) and the adjacent Unit B4 to consolidate & expand its manufacturing capabilities to meet growing demand.
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Monthly rent(₹/sqft)
₹ 15.84
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Escalation %
3% every year
Lease Structure
The lease starts in November 2021 and ends in October 2031, with a 5-year lock-in period and 10 year Lease
Nov 2021
Lease Start
5 yrs
Lock-in Period
Oct 2031
Lease End Date
- 1200+ acres Among the largest industrial complexes in India
- Part of the Chennai-Bengaluru Industrial Corridor
- Strategic Location
- Excellent infrastructure
- Skilled labour pool
- Established Hub
- *Calculated with a value appreciation of 5% CAGR
1 What is Fractional ownership ?
Fractional ownership in real estate is a term used to describe when a number of investors join together to invest in a real estate asset so that all of them can benefit from a share of the income that the asset generates, and any appreciation in the value of the property.
2 Explore pre-screened Investment Opportunities.
Access to high-quality assets with ticket size of ₹25 lakhs
3 Complete KYC with Strata
KYC check is the mandatory process of identifying and verifying the client's identity when making investment. In other words, KYC makes sure clients are genuinely who they claim to be.
4 Earn
Start receiving rentals on yourinvestments every month
5 Track
Track your portfolio performance from anywhere through Strata Dashboard
6 Sell
Sell your Share of Investment
