FundedIllustrative demo property

Furniture Showroom, Chennai

Chennai · Shop · A 2,200 sq ft two-level showroom in Anna Nagar, let to a home furniture brand.

Price per Ansh: ₹9,800
Expected net yield(illustrative): 6.6%
Target IRR(not guaranteed): 13.3%
Funded: 100%

25 investors own a share

Escrow account

••2290

RERA Registered

TN/29/Building/0312/2023

SEBI REIT Verified Trustees Oversight

Isolated SPV

Anna Nagar Showroom Property LLP

Pre-Vetted Legal Diligence

Mylapore Legal Associates

Overview

A two-level showroom on 2nd Avenue with a double-height glass front, a goods lift and four parking slots.

It is let to a home furniture brand on a nine-year lease with a three-year lock-in and a 15% rent increase every three years. Every Ansh has been bought, and the firm is now buying the property.

Illustrative demo property. The tenant, numbers and documents are samples.

Total area: 2,200 Ansh (2,200 sq ft)
Total price: ₹2.2 crore
Price per Ansh: ₹9,800
Expected net yield: 6.6% illustrative
Tenant: Home furniture brand
Lease left: 8 years 9 months
Tenant lock-in: 36 months
Your lock-in: No fixed lock-in
Long-stop date: 23 Nov 2026

The Numbers

Purchase Cost

Purchase price: ₹2,01,92,000
Stamp duty: ₹10,09,600
Registration: ₹2,01,920
Legal and checks: ₹70,000
Opening reserve: ₹86,480
Total: ₹2,15,60,000

Expected Each Year

Rent: ₹16,32,000
Costs and dues: −₹2,10,000
Net income: ₹14,22,000
Net yield on price: 6.6%

Illustration for 10 Ansh

Amount for 10 Ansh: ₹98,000; ₹9,800 per Ansh
Your rent share a year: ₹6,468; At 6.6% net yield
If sold 43.7% higher: ₹1,40,806.40; Your share of the sale

Illustration only. Not guaranteed. Rent, costs and the sale price can all be different from these estimates.

Structure

With 10 Ansh you own

0.5%

of the firm

1
Anna Nagar Showroom Property LLP Holds the Title
The property is registered in the firm's name, not in Ansh's.
2
You Become a Partner With 0.5%
Your share is set by the Ansh you own: 10 Ansh of 2,200 Ansh.
3
Your Name Goes on the Partner Register
The register is updated after you sign, and it is the record of who owns what.

Investors
You and others, as partners
The Property's Firm (LLP)
Anna Nagar Showroom Property LLP
The Property
Furniture Showroom, Chennai

The property's firm (LLP): Anna Nagar Showroom Property LLP
LLPIN: ABD-6632
Registered office: 2nd Avenue, Anna Nagar, Chennai 600040
Designated partners: Ujjawal Sahay, Lakshmi Narayanan
Locked account (escrow): HDFC Bank ••2290
Trustee firm: Axis Trustee Services
Valuer: Coromandel Valuers LLP
Auditor: Narayanan and Iyer, Chartered Accountants
Law firm: Mylapore Legal Associates

Risks

The property’s value can fall, the tenant can leave, selling your share can take time, and costs, taxes or rules can change. Invest only money you can leave in for a few years.

The Value Can Fall
The property can be worth less than you paid. Valuations are estimates, not prices anyone has to pay.
The Tenant Can Leave
Rent can stop, fall or arrive late, and the property may stay empty for months.
Selling Takes Time
There is no fixed lock-in, but you can sell only when a buyer wants your Ansh. It can take time.
Costs and Taxes Can Rise
Repairs, property tax and insurance are paid before investors, so higher costs mean lower payouts.
Rules Can Change
Laws on property, partnerships, tax and platforms can change how this works.

Read the full risk disclosure.

Questions

Still Have a Question?

Ask us anything about this property. We reply within one working day.

Ask us

Similar Properties

OpenBengaluru

Café Space, Bengaluru

Shop · 1,400 sq ft

Per Ansh: ₹12,500
Net yield: 6.5%
Target IRR: 13.9%

38% funded532 of 1,400 Ansh

Demo property. Yield and target IRR are illustrations, not guaranteed.

OpenGurugram

Co-Working Floor, Gurugram

Office · 4,000 sq ft

Per Ansh: ₹11,500
Net yield: 7.4%
Target IRR: 14.8%

16% funded640 of 4,000 Ansh

Demo property. Yield and target IRR are illustrations, not guaranteed.

OpenKochi

Dental Clinic Space, Kochi

Commercial · 850 sq ft

Per Ansh: ₹10,500
Net yield: 6.8%
Target IRR: 12.7%

47.1% funded400 of 850 Ansh

Demo property. Yield and target IRR are illustrations, not guaranteed.

Overview

A two-level showroom on 2nd Avenue with a double-height glass front, a goods lift and four parking slots.

It is let to a home furniture brand on a nine-year lease with a three-year lock-in and a 15% rent increase every three years. Every Ansh has been bought, and the firm is now buying the property.

Illustrative demo property. The tenant, numbers and documents are samples.

Total area

2,200 Ansh (2,200 sq ft)

Total price

₹2.2 crore

Price per Ansh

₹9,800

Expected net yield

6.6% illustrative

Tenant

Home furniture brand

Lease left

8 years 9 months

Tenant lock-in

36 months

Your lock-in

No fixed lock-in

Long-stop date

23 Nov 2026

The Numbers