Coming soonIllustrative demo property

Office Suite, Chandigarh

Chandigarh · Office · A 1,500 sq ft office suite in IT Park, to be let to a fintech support centre.

Price per Ansh: ₹8,800
Expected net yield(illustrative): 6.9%
Target IRR(not guaranteed): 13%
Funded: 0%

Be among the first investors

Escrow account

••6257

RERA Registered

PBRERA-UTC-PR0418

SEBI REIT Verified Trustees Oversight

Isolated SPV

IT Park Chandigarh Office LLP

Pre-Vetted Legal Diligence

Sector 17 Legal Associates

Overview

A furnished third-floor suite with 22 workstations, two cabins and a meeting room, in a well-run IT park with power backup and parking.

A lease has been agreed with a fintech support centre for nine years with a three-year lock-in and a 15% rent increase every three years. The offer opens once the valuation report is final.

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

Total area: 1,500 Ansh (1,500 sq ft)
Total price: ₹1.3 crore
Price per Ansh: ₹8,800
Expected net yield: 6.9% illustrative
Tenant: Fintech support centre
Lease left: 9 years 3 months
Tenant lock-in: 36 months
Your lock-in: No fixed lock-in
Long-stop date: 14 Apr 2027

The Numbers

Purchase Cost

Purchase price: ₹1,23,60,000
Stamp duty: ₹6,18,000
Registration: ₹1,23,600
Legal and checks: ₹45,000
Opening reserve: ₹53,400
Total: ₹1,32,00,000

Expected Each Year

Rent: ₹10,50,000
Costs and dues: −₹1,40,000
Net income: ₹9,10,000
Net yield on price: 6.9%

Illustration for 10 Ansh

Amount for 10 Ansh: ₹88,000; ₹8,800 per Ansh
Your rent share a year: ₹6,063.20; At 6.9% net yield
If sold 39.6% higher: ₹1,22,839.20; 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

0.7%

of the firm

1
IT Park Chandigarh Office LLP Holds the Title
The property is registered in the firm's name, not in Ansh's.
2
You Become a Partner With 0.7%
Your share is set by the Ansh you own: 10 Ansh of 1,500 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)
IT Park Chandigarh Office LLP
The Property
Office Suite, Chandigarh

The property's firm (LLP): IT Park Chandigarh Office LLP
LLPIN: ABE-3361
Registered office: Office 305, Tower A, IT Park, Chandigarh 160101
Designated partners: Ujjawal Sahay, Gurpreet Sandhu
Locked account (escrow): HDFC Bank ••6257
Trustee firm: Axis Trustee Services
Valuer: Tricity Valuers LLP
Auditor: Sandhu Bansal and Co, Chartered Accountants
Law firm: Sector 17 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

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Overview

A furnished third-floor suite with 22 workstations, two cabins and a meeting room, in a well-run IT park with power backup and parking.

A lease has been agreed with a fintech support centre for nine years with a three-year lock-in and a 15% rent increase every three years. The offer opens once the valuation report is final.

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

Total area

1,500 Ansh (1,500 sq ft)

Total price

₹1.3 crore

Price per Ansh

₹8,800

Expected net yield

6.9% illustrative

Tenant

Fintech support centre

Lease left

9 years 3 months

Tenant lock-in

36 months

Your lock-in

No fixed lock-in

Long-stop date

14 Apr 2027

The Numbers