Pune Warehouse – Investment / Rental Income Opportunity

Asset Value Rs. 40.35 Crore / 0.75% Rentals on Investment Per Month
Commercials/Investment

hBits 1

Property ID

Description

Overview

Pune Warehouse Opportunity is in the heart of the Talegaon warehousing and industrial belt. The warehouse is built on freehold land and is leased out to an MNC tenant- General Motors, the world’s fourth largest automobile manufacturer.

Talegaon Warehouse Belt

Talegaon is on the outskirts of Pune in proximity to Chakan. It’s a fast-growing warehousing destination in India due to its connectivity to all significant State highways.

Tenant:

Tenant    
General Motors
Min Ticket Size  
25 Lakhs
Rental Yield  
9
Expected IRR14.41
Calculated on Asset value appreciation of 6.5% CAGR
Asset Area    
1,20,686 sq ft  
Asset Value    
₹ 40.35 Crore  

General Motors

Founded in 1908, General Motors is an American multinational automotive manufacturing conglomerate listed on the NYSE. GM is among the world’s largest automakers by vehicle unit sales. The largest automaker in the United States and the fourth largest in the world, General Motors operates in over 57 countries across six continents.

Area 1,20,686 sq ftSecurity Deposit Rs. 68,79,102/-Lock-in Period 2 Years
Rent 20.95 psq ft pmFitouts Done by TenantLease Period 5 Years
Escalation 5% Every YearLease Start Date October 2020Lease End Date October 2025

Cost Breakup:

  1. Cost of Premises ₹ 35.75 Crore 88.59%
  • Stamp Duty + Registration ₹ 2.14 Crore 5.32%
  • Advance Property Tax (3 years) ₹ 18.16 Lakhs 0.45%
  • Legal Fees ₹ 12 Lakhs 0.30%
  • Admin Expenses ₹ 33 Lakhs 0.82%
  • Acquisition Fee ₹ 1.21 Crore 3.00%
  • Reserves ₹ 60.67 Lakhs 1.50%
  • Total Acquisition Cost ₹ 40.34 Crore 99.98%
Location Advantage:

Talegoan is a fast-growing warehouse destination | Proximity to major warehousing and industrial belts | 24-hour electricity and water supply | Excellent connectivity directly connected to Talegaon MIDC via a network of well-developed roads

Railway

Chinchwad Railway Station – 33 Km

Airport

 Pune – 45 KM

Navi Mumbai International Airport – 105 Km

Roadway

Mumbai-Pune Expressway – 10 Km

Chakan MIDC Road – 11 Km

Address

Address: Talegaon Warehouse Belt, Pune
  • Country: India
  • Province / State: Maharashtra
  • City / Town: Pune
Open on Google Maps
  • Property ID hBits 1
  • Price Asset Value Rs. 40.35 Crore / 0.75% Rentals on Investment Per Month
  • Property Type
  • Property status
  • Rental Yield 9%
  • Expected IRR 14.41%

Contact

hBits

Property Agent
info@gingerprops.in
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