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Pre-Leased Commercial Investment — Magarpatta Cybercity, Pune

INVESTMENT OPPORTUNITY

PRE-LEASED GRADE-A COMMERCIAL OFFICE — MAGARPATTA CYBERCITY, PUNE

PROPRIETARY INVESTMENT MEMORANDUM | PUNE, MAHARASHTRA

35,168 SQ. FT. — ENTIRE FLOOR OF THE TOWER, CYBERCITY
Tenant: Clark 5-Year Renewal: May 2027 Price: ~₹13,000/sq.ft. Debt-Free Asset

The Investment Proposition

Acquire a fully operational, income-generating commercial asset leased to a globally recognised Fortune-500 company, with a 5-year renewal commitment from May 2027, in a prime Pune IT/corporate corridor. No loan, no encumbrance. Rent escalation terms included in the upcoming lease. Market comparables for Grade-A Magarpatta Cybercity are at ₹12,000–14,000/sq. ft. — current asking of ~₹13,000/sq. ft. is well within range.

Key Property Facts

Property Location
Magarpatta Cybercity, Pune
Total Leasable Area
35,168 Sq. Ft.
Current Tenant
Clark (Sole Occupant)
Lease Renewal Due
May 2027 — 5 Years
Building Age
~15 Years
Ownership Type
Individual (No Loan)
Asking Price Range
₹13,500–14,000/sq.ft.
Negotiable Floor Price
~₹13,000/sq.ft.

Key Advantage: Tenant fit-out including office interiors, desks, cabins, meeting rooms, UPS systems, and air conditioning with AMC is entirely owned and maintained by Clark — not the landlord. This eliminates capital expenditure obligations for the property owner post-acquisition and ensures the asset is fully operational regardless of ownership change.

Property & Infrastructure Specifications

Total Office Area
35,168 sq.ft.
Dedicated Car Parking
35 Slots
2-Wheeler Parking
65 Slots
Security Deposit (JD)
₹1.24 Cr
Annual Property Tax
₹14.02 L/yr
Deal Value at ₹13k
~₹45.72 Cr

Physical Specifications

Parameter Details Status / Remarks
Building & TowerMagarpatta Cybercity — Confirmed
Floor5th Floor — Entire FloorSingle Level, Full Floor
LayoutOne large open floor (entire floor plan)Floor plan to be shared at meeting
Fit-Out Ownership100% by Clark (Tenant)Zero landlord capex obligation
Bathrooms & KitchenDedicated private bathrooms & pantry inside officeExclusive tenant use
Power Backup24x7 building generator + tenant-owned individual UPSFully covered
Air ConditioningTenant-managed AC system with own AMC via AC vendorsNo landlord maintenance liability
Lifts / ElevatorsLifts available for all floors in the TowerDirect access to 5th floor
Car Parking (Allotted)40 car parks allotted; 35 allocated to this officeDedicated legal parking rights
Two-Wheeler Parking65 slotsDedicated
Building AgeApprox. 15 yearsEstablished, well-maintained building
Layout Alteration RightsTenant may alter fit-out with owner approvalOwner consent required — standard clause

Financial & Legal Specifications

ParameterDetailsRemarks
Ownership StructureIndividual owners (not corporate entity)Clean, direct title transfer
Existing Bank LoanNoneDebt-free, unencumbered
Security Deposit (Clark)~₹1.24 CroreTransferable or adjusted in price
Annual Property Tax₹14.02 Lakhs — paid by ownerBuyer to bear post-acquisition
GST ApplicabilityYes — GST on rental incomeBuyer to assess ITC eligibility
Rent Escalation (New Lease)Included in revised 2027 agreementTo be confirmed at meeting
Asking Price₹13,500–14,000/sq.ft. (floor ~₹13,000)Subject to payment terms

Indicative Valuation & Deal Economics

Seller's asking price is ₹13,500–14,000/sq. ft., with a floor of approximately ₹13,000/sq. ft. subject to payment structure. Market comparables for Grade-A Magarpatta Cybercity are ₹12,000–14,000/sq. ft., placing the current asking price squarely within market range.

Pricing Scenario Rate (₹/sq.ft.) Area (sq.ft.) Total Indicative Value
Floor / Negotiated Price
Subject to payment terms — final in direct meeting with owners
₹13,000 35,168 ~₹45.72 Crore
Lower Asking Price
Current listed price — lower end
₹13,500 35,168 ~₹47.48 Crore
Upper Asking Price
Current listed price — upper end
₹14,000 35,168 ~₹49.24 Crore
Market Comparable Rate — Grade-A Magarpatta Cybercity ₹12,000–14,000/sq.ft.
Return on Investment 8.57%

The property's Net ROI of 8.57% is exceptional and sits at the upper end of the real estate market spectrum. Given the asset's valuation of ₹48 Crore and this high cash flow, it performs exactly like a premium Commercial Real Estate (CRE) asset.

Deal Structure — Key Considerations

Security Deposit Treatment — ₹1.24 Crore

Option A
Seller transfers ₹1.24 Cr deposit directly to buyer at time of property handover
Option B
₹1.24 Cr adjusted and deducted from the final agreed purchase consideration

Annual Ownership Costs for Buyer

Annual Property Tax
₹14.02 Lakhs per year — payable by property owner to PMC
GST on Rental Income
Applicable on monthly rent collected from Clark — buyer to assess ITC eligibility

Transaction Note: Final price, payment structure, and security deposit treatment to be determined in a direct meeting with the property owners. The seller has confirmed flexibility on payment terms; the floor of ~₹13,000/sq. ft. depends on the agreed payment schedule. No binding commitment should be construed from this document. Formal due diligence including title verification, lease review, encumbrance certificate, and legal/financial advisory is strongly recommended prior to execution of any agreement.

Advisory Recommendation: We strongly recommend engaging an independent property lawyer for title verification, lease review, and transaction documentation, and a qualified CA/financial advisor for GST structuring, stamp duty, registration charges, and tax impact assessment. This teaser is based solely on seller representations and is prepared for initial evaluation only. No reliance should be placed on this document for legal or investment decisions without independent verification.

NEXT STEPS: INVESTMENT INQUIRY

Contact us to schedule a site visit and a direct meeting with the property owners and Clark team.

CA DHIRAJ OSTWAL & Co.

Your Vision, Our Expertise — Seamless Investment Solutions.

Email Contact
dhiraj.ostwal@gmail.com
Direct Phone
70200 45454
Website
www.cadhirajostwal.com
Advisory Office (Pune, Maharashtra, India)
2nd Floor, Shree Krishna, 7, Shirole Lane, Near Anna Hotel, opposite Fergusson College Road, Shivajinagar, Pune, Maharashtra 411004

Private & Confidential: This document contains confidential information intended solely for the named recipient and is not an offer for sale. All property details, financial figures, and lease terms are sourced exclusively from seller representations during the advisory interview and have not been independently verified by CA Dhiraj Ostwal & Co. This teaser does not constitute legal, financial, or investment advice. Prospective buyers must conduct independent legal, technical, and financial due diligence before entering into any transaction. The identities of the current property owners will be disclosed only in a direct meeting facilitated by CA Dhiraj Ostwal & Co.