Deal Description

Description:

We are Located on OMR - the leading IT Corridor of Tamil Nadu surrounded by many IT MNC’s like ETA Techno Park, Govt. Companies- Tidel Park, SIPCOT IT Park, STPI, ELCOT, etc.

Developed on a sprawling 6.21 acres amidst a multitude of residential clusters and commercial complexes, unique 360-degree mall, conceptualized by International leading Architect Surbana Architects (Singapore) and detail design by Cheralathan Associates, Chennai.

Mall Features include more than 140 retail outlets, 8 Screen Multiplex with the largest Big Pix screen in India, Food Court, Restaurants and Entertainment areas with services.

Some key highlights:

• Dedicated 3 basement Parking Space for 900 Cars and 1200 Bikes with potential to double the parking space
• 50+ Anchor Brands, 140+ retail outlets, 8 Screen Multiplex, 800-Seater Food Court, Sprawling 50,000 sqft Hypermarket
• No other Grade-A Mall within a radius of 25 Kilometres
• Approval for building Residential tower of abour 1,20,000 sqft is available with foundation works completed
• Will need about Rs.50 crore investment for retaining as co-living project

EBIDTA projected - Rs.6.40* Crores pm, including co-living.

Project currently valued at Rs.950 Crores by Lenders

Valuation to increase substantially to more than Rs.1000 Crores, on 100% occupancy and completion of co-living space.

Net Operating income projected at Rs.64 Crores Per Year and Rs.76 Crores per year including the co-living portion

Get in touch with [email protected] & [email protected] for more details.

Attached Files