THIS IS IT.
THE STARTUP CITY OF THE FUTURE IN BANGALORE Emprasa Startup City is a high-tech integrated township dedicated to incubate & facilitate the startup ecosystem in Bangalore. 7 10 7
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• Collapsing basic infrastructure
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• Narrow & un-motorable roads
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The arduous Bangalore, as it is today
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• Worsening traffic congestion • Impractical for economies of scale
The Innovation Square/Hub - Resource Centre - Collabrative Spaces - Retail area - Energy Index Display - Amphitheatre
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Residential
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Star Hotel
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Office space demand to stay high in 2016 at around 10 Mn sq ft, supply pegged at 8.5 Mn sq ft (JLL study, Source: Bangalore Mirror) Office spaces at Emprasa Startup City is designed to eliminate the exorbitant transportation time faced by an average Bangalorean. The residential area is situated close to the office area to facilitate the Live & Walk to Work concept with the offices and residences seamlessly entwined.
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Convention Center
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Club House
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Residential
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Urban Residences
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Tree -lined Avenue
10 Sports/Recreation *Proposed Layout
THE GRAND SUCCESS • Grand Launch in ten cities across seven countries including London, Singapore, Dubai, Abu Dhabi, Doha, Hong Kong, Oman, Bangalore, Mumbai & Delhi. • Record breaking sales of 800 units and ` 200 crs revenues in Phase1
THE CONCEPT Awarded “Most Innovative Project of the year”, Emprasa is the catalyst of growth & expansion for the companies of tomorrow in Bangalore and India. It is a place where the passionate minds juggle together to make the world a better place to work & live in, using technology and innovation. It is the destination for Start-ups with co-working and co-living spaces, designed and well appointed to suit the requirements of Innovators, Incubators, VCs, Business Angels and R&D centres. This Startup City is not only for Start-ups but also large MNCs who want to setup their R&D and Incubation units
Project Overview Land
62 Acres
Location
Hoskote (Neo Bangalore)
Type
Mixed Use Development
Project Value
` 2,500Cr; US $ 400 Mn
Units
4,000 (Commercial) 5,000 (Residential)
OFFICE SPACE UNITS ARE BIGGER INVESTMENT THAN RESIDENTIAL SPACES Retail customers have very less exposure in commercial office space due to the high investment value as only large commercial office spaces are available. Emprasa is providing a rare opportunity to retail customers to own small commercial office space as an investment, as low as the cost of 1 BHK apartment to diversify their real estate portfolio. Emprasa’s proposed IT park has 2Mn sq ft. The first 0.5Mn sq ft will be available in unit sizes of 500 sq.ft.
HIGH RETURN Office rental incomes are as high as 8-9% vis-à-vis 4-6% earned by a residential investment. Also, the year on year capital appreciation of investment in a commercial property is much higher as compared to that of a residential property.
OFFICE SPACE TRENDS • On a survey conducted to understand the office space requirements, 80% of the respondents preferred to have open layouts within their offices. • Up to 67% of respondents said that they have open environments that are complemented by both collaborative work spaces & enclosed dedicated conference rooms • 28% still have enclosed & dedicated conference rooms for all kinds of meetings & discussions (Source: Colliers)
COMPETITION Exclusive Marketing Partner The commercial office space rate in Hoskote is ranging between `5,250 - `6,000 per sq ft with a minimum availablity of 1,800 sq ft. Here in Hoskote, investors have an opportunity to own commercial office space at 40% lower than current market price. Location and size of investment are prime elements that affect the accessibility and efficiency of business greatly and here at Emprasa. We have considered both to meet the expectation of investors. Minimum Saleable area (sq ft)
Rate per sq ft (`)
Investment ( ` in Crs)
OMR, Hoskote
2,490
6,040
1.50
Brigade
Whitefield
1,810
6,290
1.14
Mind Comp
Salarpuria Sattva
Whitefield
2,200
5,500
1.21
Nalapad Brigade Centre
Brigade
Whitefield
2,500
6,790
1.70
Project
Developer
Location
Golden Triangle
Brigade
Brigade IRV Centre
(Source: PropEquity)
EMPRASA OFFICE SPACE OFFICE SPACE Project
Emprasa Startup City
Product Type
Office Space, Warm Shell Structure
Location
Hoskote, NEO Bangalore
PRELAUNCH OPPORTUNITY Product Plan 1 - 80%
Plan 2 - 50%
Plan 3 - 20%
500
500
500
3,350
3,350
3,350
Basic Sale price (`)
16,75,000
16,75,000
16,75,000
Initial payment (`)
13,40,000
8,37,500
3,35,000
Pre Operative Return (POR) (3 years)
4,02,000
3,26,625
2,63,813
Assured Rentals (3 years) @ ` 25 per sq ft
4,52,250
4,52,250
4,52,250
40,00,000
40,00,000
40,00,000
24.74%
26.33%
28.01%
Unit Size (sq ft) Rate / sq ft (`)
Expected Capital Appreciation by year 6 @ ` 8,000 / sq ft ** IRR-year 6
PAYMENT SCHEDULE Plan 2 - 50%
Plan 1 - 80%
Plan 3 - 20%
% Payable
Amount (`)
% Payable
Amount (`)
% Payable
Amount (`)
Booking
10%
1,67,500
10%
1,67,500
10%
1,67,500
Agreement
70%
11,72,500
40%
6,70,000
10%
1,67,500
Stage 1 - 3 Months
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-
-
-
10%
1,67,500
Stage 2 - 6 Months
-
-
-
-
10%
1,67,500
Stage 3 - 12 Months
-
-
15%
2,51,250
-
-
Stage 4 - 18 Months
-
-
-
-
15%
2,51,250
Stage 5 - 24 Months
-
-
15%
2,51,250
15%
2,51,250
Stage 6 - 30 Months
-
-
-
-
15%
2,51,250
Stage 7 - 36 Months
15%
2,51,250
15%
2,51,250
10%
1,67,500
5%
83,750
5%
83,750
5%
83,750
100%
16,75,000
100%
16,75,000
100%
16,75,000
On Possession Total * Price starts at ` 3,350 / sq ft * Stages are calculated from date of agreement * Returns will start from the execution of agreement. * Basic sale price excludes taxes & CAM charges ** Indicative price based on market trend
Marketing Partner
We should dream of a digital India & transform the country into a digitally empowered society & knowledge economy.
“Startup India, Standup India”