About the Property
Preleased options.
Excellent opportunity to get good ROI and appreciation.
Main Jaipur Highway facing complex, best builder and best location of Neemrana.
Part of the Japanese Zone where 70 large Japanese companies are operational. Also, bang opposite the Indian Zone with more than 450 companies operating.
Residential zone is also quite close to Neemrana Heights with builders like Eldeco, Anatraj and Trehan have completed and delivered projects.
In the Japanese zone area, there are tow large universities, Raffles and NIIT, where about 5000 students are enrolled.
Option 1
Preleased 50 well furnished commercial suites out of 110 rooms.
Name of the complex - Neemrana Heights.
Cost / unit - 24 lacs
Total cost 12 cr
Average ROI 7% for the first 3 years. 4th year onwards 9%.
Average rent 14000/-
After 3 yrs 18000/-
Lease fresh, for 9 years.
Lock in - 3 years.
Brand - Oyo Rooms.
Rest of the terms can be discussed and agreement can be shared if required.
Following Brands are already operational in the complex
Allen Solly
Lui Phillippe
Peter England
Bikanerwala already signed, will be operational by 1st week of March.
Other big brands are under discussion. The possibility of 3 screen Cinema with the food court and shopping.
Option 2
Neemrana Heights
Area - 5200 Sft, front facing.
Rent - 60/-
ROI - 7%
Total cost - 5,34,82,000-
Lease Term - 9 years, fresh lease.
Lock in - 3 years
Tenant - Franchisee Aditya Birla group company.
Brands - Allen Solly, Peter England, Luis Phillippe.
Floor - GF + FF
The store already operational. The lease agreement can be shared as and when required.