Novel Unique Fractional Ownership Model in MSR Park

Fully Leased Grade A Property

Novel MSR Park

Starts from JUST ₹ 25,00,000/-

  • 8.00% Net Yield & 9.56% 10 Years Avg Yield
  • 18.78% IRR
  • Leased Till Jan 2031

With a ₹500 CRORE Company as the TENANT

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Fully Leased Grade A Property

Novel MSR Park

Starts from JUST ₹ 25,00,000/-

  • 8.00% Net Yield & 9.56% 10 Years Avg Yield
  • 18.78% IRR
  • Leased Till Jan 2031

With a ₹500 CRORE Company as the TENANT

Want to know more?

Drop in your details below and we will get in touch with you




Investment Summary Novel MSR Park

Net YieldUpcoming MetroAverage Yield
8.00%Purple Line9.56% 10 Years

Investment Summary
Novel MSR Park

Net YieldUpcoming MetroAverage Yield
8.00%Purple Line9.56% 10 Years

Minimum Investment IRR

Undivided Share₹25 LakhsCash16.70%
Divided Share₹5 CroreLeveraged18.78%

Minimum Investment(IRR)

Undivided ShareDivided Share
₹25 Lakhs₹5 Crore
CashLeveraged
16.70%18.78%

Grade A Building and Tenant

Novel MSR Park

Frame

Grade A Asset

Frame-1

Credible Tenant

Frame-2

Upcoming Metro

Frame-3

EBD Area

Investment Details Novel MSR Park

INVESTMENT SIZESELLABLE AREAMONTHLY RENT
₹25 Lakhs191 Sqft₹16,665
₹50 Lakhs382 Sqft₹33,331
₹75 Lakhs573 Sqft₹49,996
₹1 Crore764 Sqft₹66,662
₹81.3 Crore62,076 Sqft₹554,19,234
Undivided Novel Unique Fractional Ownership Model Sale₹25 Lakhs(191 Sqft) to ₹5 Crores(3,818 Sqft)
Divided Novel Unique Fractional Ownership Model Sale₹5 Crores(3,819 Sqft) to ₹18.7 Crores(14,280 Sqft)
Full Floor Sale₹81.3 Crores(62,076 Sqft,4th Floor)
Total Offered Sale₹81.3 Crores(62,076 Sqft)

Investment Details Novel MSR Park

INVESTMENT SIZESELLABLE AREAMONTHLY RENT
₹25 Lakhs191 Sqft₹16,665
₹50 Lakhs382 Sqft₹33,331
₹75 Lakhs573 Sqft₹49,996
₹1 Crore764 Sqft₹66,662
₹81.3 Crore62,076 Sqft₹554,19,234
Undivided Novel Unique Fractional Ownership Model Sale₹25 Lakhs(191 Sqft) to ₹5 Crores(3,818 Sqft)
Divided Novel Unique Fractional Ownership Model Sale₹5 Crores(3,819 Sqft) to ₹18.7 Crores(14,280 Sqft)
Full Floor Sale₹81.3 Crores(62,076 Sqft,4th Floor)
Total Offered Sale₹81.3 Crores(62,076 Sqft)

Property Details

Grade A Building
Area offered for sale : 62,076 Sqft(4th Floor)
Location : Marathahalli Junction
Landmark : Intersection of ORR & Old Airport Road
Nearest Junction : Marathahalli (100 Meters)
Nearest Bus Stop : 10 Meters
Neighbours : Max Fashion
Year Built : 2021
Fire Safety : Smoke Detectors ,Fire Extinguishers

Furnishing : Fully Furnished Plug & Play Setup Floors
Car Parking : 375
Water :3 Borewells & Sufficient Storage
Generator : 3250 KVA
Flooring : Italian Marble / Carpet
Lifts : 6 Passenger Lifts + 1 Service Lift
Compliances : OC, Fire NOC, Pollution Approval,Airport Clearance,Environment ,STP,RO,Water Treatment Plan.

Tenant Overview Novel MSR Park

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 across 1 million sqft.

  • Founded – 1993
  • Office – 4 cities,2 countries
  • 500 Crore company
Lease Commencement1st Feb 2021
Lease Period10 Years(Jan 2031)
Lockin Period6 Years(Jan 2027)
Monthly RentINR 87.30/SF
Security DepositINR 873.00/SF
Rental Escalation15% every 3 years
Lease Commencement1st Feb 2021
Lease Period10 Years(Jan 2031)
Lockin Period6 Years(Jan 2027)
Monthly RentINR 87.30/SF
Security DepositINR 873.00/SF
Rental Escalation15% every 3 years