Listing Details : LB-11369

Asking Price 55 Crs
Turnover 6 Crs
Legal Entity Proprietorship
Category Real Estate
Sub Category Commercial Pre-Leased
Business Listed By Business Owner

Overview

Rent-yielding Commercial Business Park for Sale in Bangalore South Investment Ticket Size – 55cr Slightly Negotiable on Payment Structure + 1% Commission of the Negotiated Price (Non- Negotiable Location -Bangalore South Land Area - 12500 * Approx Built Built up / Developed Area - 50000 Sq. Ft * Approximately (Basement + Ground + 1 Flr+ 2 Flr+ 3 Flr+4Flr + Terrace) rented out to IT companies at a rental of Rs.55lacs monthly. The lease agreement signed is of 5 years and the rate of escalation is 4% per year. Owner Ship -SPV GST CREDIT – Available Advantage and Investment Strategy 1)Lease Rental Discounting can be transferred or arranged on this property upto 20 cr 2)3 Cr GST (* upto 3 cr in 55 months) exemption can be availed up to 55 months * so gst received from the tenants need not be paid for approximately 55 months 3)This Business Park is under an SPV …so simply sharing a transfer would do and no need for any registration or any registration charges

Year of Establishment

2021

No. of Employees

0

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

Rent-yielding Business Park for Sale in Bangalore South Investment Ticket Size – 55cr

Competition / Market

N/A

Products & Services

Business Park

Growth Potential

N/A

Reason For Sale

Our Principals are in the Business of Developing World Class infrastructure and leasing and Selling

Financial Details

Listing Details : LB-11369

Asking Price 55 Crs
Turnover 6 Crs
Legal Entity Proprietorship
Category Real Estate
Sub Category Commercial Pre-Leased
Business Listed By Business Owner

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