THIS IS IT.
THE STARTUP CITY OF THE FUTURE
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.
The arduous Bangalore, as it is today • • • •
Collapsing basic infrastructure Narrow & un-motorable roads Worsening traffic congestion Impractical for economies of scale
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.
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.
Project Overview Land
52 Acres
Location
Hoskote (Neo Bangalore)
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.
Type
Mixed Use Development
Project Value
` 2,500Cr; US $ 400 Mn
This Startup City is not only for Start-ups but also large MNCs who want to setup their R&D and Incubation units
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.
EMPRASA OFFICE SPACE PRELAUNCH OPPORTUNITY Plan 2 - 50%
Plan 1 - 80% Unit Size (sq ft)
Plan 3 - 20%
500
500
500
3,550
3,550
3,550
17,75,000
17,75,000
17,75,000
Pre Operative Return (POR) (3 years)
5,35,150
4,61,986
4,01,807
Assured Rentals (3 years) @ ` 27 per sq ft
4,86,000
4,86,000
4,86,000
Rate / sq ft (`) Basic Sale price (`)
BY YEAR 6 EARN IRR OF 28%# & EXPECTED CAPITAL APPRECIATION @ ` 40,00,000** PAYMENT SCHEDULE Plan 2 - 50%
Plan 1 - 80% % Payable Booking Agreement
80%
Amount (`)
% Payable
2,00,000 12,20,000
50%
Plan 3 - 20%
Amount (`) 2,00,000 6,87,500
% Payable 20%
Amount (`) 2,00,000 1,55,000
Stage 1 - 3 Months
-
-
-
-
10%
1,77,500
Stage 2 - 6 Months
-
-
-
-
10%
1,77,500
Stage 3 - 12 Months
-
-
15%
2,66,250
-
-
Stage 4 - 18 Months
-
-
-
-
15%
2,66,250
Stage 5 - 24 Months
-
-
15%
2,66,250
15%
2,66,250
Stage 6 - 30 Months
-
-
-
-
15%
2,66,250
Stage 7 - 36 Months
15%
2,66,250
15%
2,66,250
10%
1,77,500
5%
88,750
5%
88,750
5%
88,750
100%
17,75,000
100%
17,75,000
100%
17,75,000
On Possession Total
POR PAYOUT SCHEDULE Plan 2 - 50%
Plan 1 - 80%
Plan 3 - 20%
Oct, 2016
17,896
11,185
4,474
Jan, 2017
35,792
22,370
13,422
Apr, 2017
35,014
21,884
17,507
Jul, 2017
35,403
22,127
17,701
Oct, 2017
35,792
29,081
17,896
Jan, 2018
35,792
29,081
17,896
Apr, 2018
35,014
28,449
24,072
Jul, 2018
35,403
28,765
24,339
Oct, 2018
35,792
35,792
31,318
Jan, 2019
35,792
35,792
31,318
Apr, 2019
35,014
35,014
37,202
Jul, 2019
35,403
35,403
37,615
Oct, 2019
42,503
42,503
42,503
Jan, 2020
42,503
42,503
42,503
Apr, 2020
42,041
42,041
42,041
5,35,150
4,61,986
4,01,807
* Price starts at ` 3,550 / sq ft for bookings * Valid for all agreements completed in Sept 2016. * Developer reserves the rights to revise the sales price. * 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 # The IRR may vary based on Rate and Plan
#110/37Solitaire Building, Outer Ring road Marathahalli, Bangalore - 560 037 (080) 46 000 000 info@emprasa.com www.emprasa.com
Marketing Partner