careers@noveloffice.in
Own Commercial Real Estate
Starting from JUST ₹ 25,00,000/-
8.5% Yield & 10.15% 10 Years Avg Yield- 17.24% IRR
- Lease Ending in 2031
8.5% Yield & 10.15% 10 Years Avg Yield
17.24% IRR
Lease Ending in 2031With a ₹500 CRORE Company as the TENANT
Own Commercial Real Estate
Starting from JUST ₹ 25,00,000/-
- 8.5% Yield & 10.15% 10 Years Avg Yield
- 17.24% IRR
- Lease Ending in 2031
With a ₹500 CRORE Company as the TENANT
Investment Summary Salarpuria Triton
| Net Yield | Upcoming Metro | Average Yield | ||
|---|---|---|---|---|
| 8.50% | Yellow Line | 10.15% for 10 Years |
Investment Summary Salarpuria Triton
| Net Yield | Upcoming Metro | Average Yield |
|---|---|---|
| 8.50% | Yellow Line | 10.15% for 10 Years |
Minimum Investment IRR
| Undivided Share | ₹25 Lakhs | Cash | 17.24% | |
|---|---|---|---|---|
| Divided Share | ₹3 Crore | Leveraged | 19.66% |
Minimum Investment(IRR)
| Undivided Share | Divided Share |
|---|---|
| ₹25 Lakhs | ₹3 Crore |
| Cash | Leveraged |
| 17.24% | 19.66% |
Grade A Building and Tenant
Salarpuria Triton
Grade A Asset
Credible Tenant
Upcoming Metro
CBD Area
Investment Details Salarpuria Triton
| INVESTMENT SIZE | SELLABLE AREA | MONTHLY RENT | ||
|---|---|---|---|---|
| ₹25 Lakhs | 245 Sqft | ₹17,630 | ||
| ₹50 Lakhs | 490 Sqft | ₹35,260 | ||
| ₹75 Lakhs | 735 Sqft | ₹52,889 | ||
| ₹1 Crore | 979 Sqft | ₹70,519 | ||
| ₹14.5 Crore | 14,181 Sqft | ₹10,21,032 |
| Undivided Novel Unique Fractional Ownership Model Sale | ₹25 Lakhs(245 Sqft) to ₹3 Crores(2,939 Sqft) |
| Divided Novel Unique Fractional Ownership Model Sale | ₹3 Crores(2,940 Sqft) to ₹28.7 Crores(28,095 Sqft) |
| Full Floor Sale | ₹14.5 Crores(14,181 Sqft,2nd Floor) |
| Total Offered Sale | ₹28.7 Crores(28,095 Sqft) |
Investment Details Salarpuria Triton
| INVESTMENT SIZE | SELLABLE AREA | MONTHLY RENT |
|---|---|---|
| ₹25 Lakhs | 245 Sqft | ₹17,630 |
| ₹50 Lakhs | 490 Sqft | ₹35,260 |
| ₹75 Lakhs | 735 Sqft | ₹52,889 |
| ₹1 Crore | 979 Sqft | ₹70,519 |
| ₹14.5 Crore | 14,181 Sqft | ₹10,21,032 |
| Undivided Novel Unique Fractional Ownership Model Sale | ₹25 Lakhs(245 Sqft) to ₹3 Crores(2,939 Sqft) |
| Divided Novel Unique Fractional Ownership Model Sale | ₹3 Crores(2,940 Sqft) to ₹28.7 Crores(28,095 Sqft) |
| Full Floor Sale | ₹14.5 Crores(14,181 Sqft,2nd Floor) |
| Total Offered Sale | ₹28.7 Crores(28,095 Sqft) |
Property Details
Area offered for sale : 28,095 Sqft,1st and 2nd floor
Location : Baldwins Road
Landmark : Baldwins College
Nearest Junction : 200 Meters
Nearest Bus Stop : 150 Meters
Upcoming Metro Station Yellow Line : 600 Meters
Neighbours : Salarpuria,Borsch,Baldwins
Year Built : 2008
Furnishing : Fully Furnished Plug & Play Setup
Available Power : 250 KVA
Water : 1 Bore well & sufficient storage
Generator : 320 KVA
Flooring : Carpet /Vitrified Tiles
Lifts : 2 Passenger Lifts
Compliances : OC
Fire Safety : Smoke Detectors ,Fire Extinguishers
Tenant Overview Salarpuria Triton
Novel office is a US based managed and serviced office provider with presence across 4 cities in two countries.Novel office has over 350 clients 1 million sqft.
- Founded – 1993
- Office – 4 cities,2 countries
- 500 Crore company
| Lease Commencement | 1st Feb 2021 | |
| Lease Period | 10 Years(Jan 2031) | |
| Lockin Period | 6 Years(Jan 2027) | |
| Monthly Rent | INR 72.00/SF | |
| Security Deposit | INR 720.00/SF | |
| Rental Escalation | 15% every 3 years |
| Lease Commencement | 1st Feb 2021 |
| Lease Period | 10 Years(Jan 2031) |
| Lockin Period | 6 Years(Jan 2027) |
| Monthly Rent | INR 72.00/SF |
| Security Deposit | INR 720.00/SF |
| Rental Escalation | 15% every 3 years |