Bangalore

Prime Commercial IT Park – Immediate Sale | Institutional Grade Asset

A premium, fully leased IT park generating stable, long-term rental income. Ideal for HNIs, institutional investors & funds.

💼 Financials:
• Asking Price: ₹650 Cr
• Rental Income: ₹35 Cr per annum
• Escalation: 5% YoY

Loan Details:
• Sanctioned: ₹235 Cr (2017)
• Outstanding: ₹202 Cr
• Tenure: 15 Years

🏢 Tenant Profile (Blue-Chip):
• Tata Consultancy Services – G to 10th Floor (Lease till 2040, renewed 2025)
• Intel Technology Private Limited – 11th Floor
• Kore Software – 12th Floor

📐 Property Details:
• Land: 9,946 Sq. Yards
• Total Rentable: 3,20,240 Sq. Ft.
• Office (G+12): 2,97,740 Sq. Ft.
• Cafeteria: 22,500 Sq. Ft.

🚗 Parking & Infra:
• 412 Car Parks (2-Level Basement)
• 7 VIP Parking

⚙️ Features:
• Fully Furnished Plug & Play Offices
• Dual Power + 100% Backup (N+1)
• Gym, Library, Reception, Dedicated Office

⭐ Highlights:
• Fully leased to reputed corporates
• Long-term secured income
• Premium Grade-A infrastructure
• Clear title & strong appreciation potential

📊 Investor Snapshot:
• Yield: ~5.3%
• IRR: ~11–13%
• Strong tenant security (TCS, Intel)

Transaction:
• Direct owner access
LOI mandatory