Ahmedabad Opportunity I
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Ahmedabad Opportunity I
Satellite Road
10 Lakhs
Min Investment
6%
Gross Entry Yield
13.5%
Target IRR*
1.65x
Target Multiple*
13000000 Funded of ₹ 13000000
Investment details
The asset sits perfectly at the Ahmedabad business district. With its proximity to the 132 Ring Road and extensive Metro connectivity, it is a perfect location for commercial office spaces. Ahmedabad is ranked 7th in the country with a GDP of ₹11 Lakh Cr in 2023. Having a 2023 population of over 79,34,300 it is the largest city in the state.
Investment Calculator
INR
years
%
Invested Amount
₹ 89L
Est. Returns
₹ 21.36L
Total Value
₹ 1.10Cr
Why Convest
Excellent Location
One of the most sort after financial city – Ahmedabad has an incredible demand for office space. India’s only IFSC (in GIFT City) increases not only the national presence of the market but makes it attractive to global investors. Ahmedabad micro-market boasts a promising prospect.
Upcoming Infrastructure
BRTS: Jhasi Ki Rani- 40 Meters -1 min Airport: SVP Airport- 15 km- 25mins Metro Station: Rajiv Nagar Metro Station- 3.5km- 7 mins Railway: Kalupur Railway station- 8km – 15 Mins
Overview
Seize the opportunity to invest in a prime 1098 sqft office space situated at Nehru Nagar Circle on Satellite Road in Ahmedabad, Gujarat. Whitin the office district of Ahmedabad and boasting proximity to both the BRTS and Metro Station, this location is a coveted hub for commercial establishments. Satellite Road stands as one of Ahmedabad's most sought-after and well-developed areas. This lucrative investment features a prestigious tenant, the fourth largest bank in the USA. This asset promises exceptional value appreciation and attractive yields, making it an ideal addition to your investment portfolio.
Location
Situated on Venus Grounds, with frontage on Satellite Road, the asset is amidst major banks, NBFC’s and corporate houses. Satellite Road extends into Bopal- Amli Road which has witnessed significant infrastructure development- soaring asset values and rental yields. The asset enjoys proximity to key transportation centres and is surrounded by finest hotels, restaurants, and retail in Ahmedabad, strategically positioning it as a corporate hub.
Airport
Sardar Vallabhbhai Patel International Airport
15 Km
Railway Station
Kalupur Station
8 Km
Metro
Rajiv Nagar
4 Km
BRTS
Jhasi Ki Rani
0 Km
Tenancy
Fortune 500 MNC
The tenant, a Fortune 500 company, is a subsidiary of Citigroup Inc. and is the 4th largest listed bank in the United States. Covering over 5 million sq ft across 55 locations domestically and operating in over 160 countries internationally, the MNC is a very strong and reliable tenant. Tenant is headquartered in New York, NY, United States, and employs about 237,000 individuals (2024).
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