Products/Service

Construction and development of fully serviced Grade-A offices and leasing them to IT/ITeS/multinational companies

Clientele Type

IT/ITeS/multinational companies

Premises

Office area 3000 sq ft; owned, located in Sector 125, Noida

Asking Price Includes

40% of the equity stake in the business

Reason

Development of Grade-A offices being a capital intensive business with gestation period of 3-5 years, equity funding is preferred

Other Details

The promoters are professionally qualified and have over 25 years of industry experience. They have experience of over 12 years in the development and leasing of commercial spaces.
Leasing of Grade-A office spaces is a booming business and expected to remain so for the next many years being a niche segment which has been doing extremely well in the last 5-7 years even while the real estate business has been languishing.
The company has a Business Model of Commercial Leasing.
Company has successfully completed one project so far and looking to raise fund for their another project.

Project Details:
Situated very close to the Metro station.
the total leasable area proposed to be developed is 1,36,713 sft
35% of the area is expected to be leased by the end of 3rd year, 100% by the end of 5th year
The project is expected to generate Revenue of 8.2 Cr and PAT of 67%

Looking for a Fundraise of INR 28 Cr for 40% of Equity.

You may also like