Kempapura Metro/ Bus Stop
0.0 Kms
1 Mins
Hebbal Metro
1.1 Kms
3 Mins
Nagawara Metro
2.8 Kms
5 Mins
Better Business
happens here.
Land Area:
1.8 Acres
Configuration:
2B+G+8 Floors
Total Saleable Area:
2,67,273 sq.ft.
Total Car Parks:
366
Land Area:
1.8 Acres
Configuration:
2B+G+8 Floors
Total Car Parks:
366
Total Saleable Area:
2,67,273 sq.ft.
PRIME LOCATION - MAIN ROAD PROPERTY
METRO CONNECTIVITY
Kempapura Metro/ Bus Stop
0.0 Kms
1 Mins
Hebbal Metro
1.1 Kms
3 Mins
Nagawara Metro
2.8 Kms
5 Mins
BUSINESS HUB
Kirloskar Tech Park
1.9 Kms
4 Mins
Manyata Tech Park
5.5 Kms
13 Mins
Karle Town Center
4.0 Kms
9 Mins
L & T Tech Park
5.8 Kms
14 Mins
Phoenix Mall of Asia
5.5 Kms
13 Mins
MARKET GROWTH
Residential Inventory
Upcoming Supply
H1 2022
2022-2027
40,000 units
25,000 units
Office Stock
Upcoming Supply
H1 2022
2022-2026
18.6 MSF
3.3 MSF
Mail Inventory
Upcoming Supply
H1 2022
2027
1.74 MSF
1.2 MSF
5 YEAR PAYMENTS
PER SQ.FT.
PER 500 SQ.FT.
EARLY PAYMENT PAYOUT PER MONTH
Untill OC (Occupancy Certificate):
LEASE RENTAL PER MONTH
Post OC for 3 years:
LOCATION
RENTAL TRENDS - MICRO MARKET
HAVE MORE QUESTIONS
What is the Undivided Share of Land (UDS) Percentage ?
UDS for the area is 26.517% on SBUA(Super Built Up Area). Calculations are provided below:
Floor | Total Area | UDS | UDS% |
---|---|---|---|
4th | 9,630.71 sq. ft. | 2,553.833 sq. ft. | 26.517% |
5th | 30,265.73 sq. ft. | 8,025.746 sq. ft. | 26.517% |
6th | 30,265.73 sq. ft. | 8,025.746 sq. ft. | 26.517% |
7th | 30,265.73 sq. ft. | 8,025.746 sq. ft. | 26.517% |
What all floors and respective areas are sold through this offering ?
Currently we are selling Shriram properties share of area on 4th, 5th, 6th and 7th floor. Each floor allocation is as follows:
Floor | Total Area | Shriram Properties Share |
---|---|---|
4th | 30,265.73 sq. ft. | 9,630.71 sq. ft. |
5th | 30,265.73 sq. ft. | 30,265.73 sq. ft. |
6th | 30,265.73 sq. ft. | 30,265.73 sq. ft. |
7th | 30,265.73 sq. ft. | 30,265.73 sq. ft. |
Is the rental guaranteed even if space is vacant without tenants ?
Yes, Shriprop Builders Pvt. Ltd. has signed a LOI / will sign an agreement to lease for 3 years for a monthly rent of Rs. 72 per sq. ft. after Occupancy Certificate (OC) and a 6 months fit-out period for a 3 year period.
Is the land owned or Joint Development (JD) ?
This is a Joint development with landowners.
Can the investment be transferred to any family member during the tenure?
There is 3% charge on any sale or transfer.
Why are you paying Rs. 88 PSF now and reducing to Rs. 72 PSF post OC.
Rs. 88 PSF is the early payment payout for purchasers opting for upfront payment of total sale price, In addition, finished asset is more valuable and less risky than under-construction and hence rentals will be Rs. 72 PSF.
When market rental is Rs. 97 PSF, why are you paying Rs. 72 PSF after Occupancy Certificate (OC)?
Sriprop Builders Pvt. Ltd. is entering into an agreement to lease for 3 years irrespective of whether the Commercial Building is leased or not and hence we have been conservation in our rental payments.
What is the Maintenance post Occupancy Certificate?
For first 3.5 years after OC there is no Maintenance Cost as Shriram Properties is guaranteeing Rental and Maintenance. Post 5.5 years or so from now, Maintenance is typically paid by the tenant. So, we don’t expect investors to pay maintenance. That said, if property is not leased after 5.5 years then maintenance could be Rs. 5 to Rs. 7 PSF per month but subject to change as per market conditions.
Can I sell or exit anytime?
Once you have paid full 100% you can exit anytime at then prevailing market price. There is 3% transfer fee on Sale Value.
Type of ownership?
This is a Agreement of Sale leading to Sale Deed post OC. So you will have sale deed and katha in your name – you will be absolute owner of our area. Please note this purchase is for Un-demarcated and un-divided share (UDS) of land wherein you can enjoy rental benefits of a Grade A commercial property without hassle of maintenance and finding blue chip tenants.
PROJECT SPECIFICATIONS
Centralised air conditioning
Dedicated AHU rooms provisioned in all floors
High-side AC provisioned for 1TR/300 Sq.ft.
Space provisioned for clients to install DX units for their critical services
Structural design & ambience
Wide Column Design with service core on one side allows optimal utilization of space
P.T. Flat Slab with drop designed as per IS:1893:2016 and IS:13920:2017
Slab to Slab Height 3.95 m
High Quality glass façade gives excellent permanent finish and keeps the building’s interiors cool
Structure is designed as below: Basement slabs are designed for stack parking load of 500 Kg/Sq.m.
Typical office floor is designed for 400 Kg/Sq.m. with false ceiling loading
Specific areas in the floor designed for higher floor load of 1000 Kg/Sq.m.
All AHU & Electrical room at typical office floor is designed for 400 Kg/Sq.m.
IPS flooring within office Space
Higher floor to ceiling height provided for accommodating stack parking.
Telecom connectivity
Right of way provided for service providers
Lobby finishes
Lift Cladding Combination of Granite and Marble
Lift Lobby Flooring Granite or Marble Flooring
Elevators
High Speed elevators are provided
5 Passenger elevators of 15 Pax each
2 service elevators of 20 Pax each
Power
Transformer – 1250 kVA x 2 nos
100% power backup for office as well as common areas & car parking
DG – 1500 kVA x 2 nos - Higher power load (0.8 kVA /100 Sq.ft.on super built-up area) is provisioned for computers, communication equipment, AHU etc.
Water & sewage treatment plant
Water Supply from Borewell & Tank Water
Separate underground Sump, Over Head tanks are provided for Domestic as well as fire Safety needs
Advanced 105 KLD MBR based Sewage treatment plant is provisioned
Water Treatment Plant is Provisioned
Safety & security systems
Designed as per NBC Norms
Base building smoke detectors, fire sprinklers and hose reels in common areas are provisioned