Electroncity, Bangalore

Commercial IT Building for Sale in Electroncity, Bangalore

Building Age: 15 Years
Land Area: 51837 sqft
Built-up Area: 157254 sqft
Total Carpet Area: 143056 sqft
Total Carpet Area (excluding basement, lift, and MC room): 124998 sqft
Ground Coverage: 29942 sqft
Orientation: North-West
Katha: e-Aasthi
Year of Construction: 2008
Loan Status: No Loans
Number of Floors: Basement, Ground, First, Second, Third, and Fourth Floor
Number of Tenants: 1
Tenant: Yaskawa India Private Limited

Overview: The tenant, a Japanese-based electronics manufacturing company, has been renting the property since January 2011, with a three-year renewal period. The lock-in period is three years, with the lease agreement renewed every three years. The rental agreement was last renewed in January 2026, and the tenant is expected to renew the contract in February 2026.

Rent Appraisal: 5% annual increase
Security Deposit: Approximately Rs. 1.2 crores
Maintenance: Common areas are maintained by the landlord, while the tenant pays Rs. 1 lakh for common area maintenance. Security and tenant space are managed by the tenant.
Lease Period: 3 years, renewable
Next Renewal: January 2029

Please note that the seller currently occupies 2500 sqft of the ground floor and is willing to pay rent for the space for one to two years.

Key Highlights:
- Single tenant for the entire building
- Current rent: Rs. 57.5 lakhs per month (excluding GST)
- Additional rent expected for seller's usage of ground floor space: Rs. 1.2 lakhs per month
- Total expected rent: Rs. 58.7 lakhs per month (excluding GST) and Rs. 69.26 lakhs per month (including GST)

Property Valuation:
- Land Value (Electronic City): Rs. 15000 per sqft
- Market Value: Rs. 77,75,55,000
- Built-up Value (Cost of Construction): Rs. 39,31,35,000
- Current Value (Market Value + Cost of Construction): Rs. 117,06,90,000
- Rental (Business Goodwill for 3 years): Rs. 19,08,00,000
- Total Valuation: Rs. 136,14,90,000

Selling Price: Rs. 130 crores (slightly negotiable)

Contact Information: WhatsApp number - 09880617164

Yaskawa India Private Limited.