Corporate Park Opportunity I
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Corporate Park Opportunity I
Ambli Road
15 Lakhs
Min Investment
6.5%
Gross Entry Yield
14%
Target IRR*
1.7x
Target Multiple*
1500000 Funded of ₹ 9200000
Investment details
Discover the best of office spaces with Corporate Park Opportunity 1, a Grade -A office building ideally located in Ahmedabad's most desirable areas. This asset is designed to meet market demands and maximise returns. The dynamic Ahmedabad -GIFT corridor, represents a powerhouse of the Indian markets, offering one of the best markets in the nation.
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INR
years
%
Invested Amount
₹ 89L
Est. Returns
₹ 21.36L
Total Value
₹ 1.10Cr
Why Convest
Excellent Location
Ambli Road in West Ahmedabad is ranked as the most demanded location in Gujarat. Acting as a connector to S.G Highway and SP Ring Road, it also boasts proximity to the Isckon-Ambli junction as well as the Bopal T-junction. This location is covered by MNC's and corporate houses.
Upcoming Infrastructure
With proposed projects in close proximity to the asset, the prospects for an excellent Capital Appreciation solidified, This not only showcases a high demanded area but also presents a higher Liquidity for the asset.
Overview
Covest proudly introduces the Corporate Park Opportunity 1, a premium Grade-A office building situated in Ahmedabad's prime locality. Featuring a reputable pharmaceutical tenant, this asset is positioned adjacent to SG Highway and SP Ring Road, assuring the Isckon-Ambli intersection and the Bopal T-junction are in vicinity. With easy access to public transportation, this is a perfect corporate zone. Promise of high capital appreciation along with exceptional rental yield, this opportunity is a premium investment to diversify your portfolio.
Location
Strategically positioned to as a connection between SG Highway and SP Ring Road, Corporate Park Opportunity 1 is in vicinity to Isckon-Ambli intersection and Bopal T-junction. SG Highway leads to Gandhinagar and further extends to GIFT. SP Ring Road is a growing market with high-demand fostered by the developments on Ambli, Sindhbhavan and Rajpath Rangoli Road. This is a corporate zone with exponential growth prospects.
Airport
SVP International Airport
20 Km
Railway Station
Kalupur Railway Station
13.5 Km
Metro
Thaltej Metro Station
5 Km
BRTS
Jayantilal Park Station
1 Km
Tenancy
Africare Global Business Ventures Pvt. Ltd
Africare Global Business Ventures is a renowned pharmaceutical investment and incubation firm with a focus on Asia, Africa, and the Middle East. With its current Asia headquarters in Noida, Uttar Pradesh, Africare plans to shift its major operations to a 10,000 sq ft office space in Ahmedabad (Corporate Park Opportunity 1). Africare (India) posted a revenue of ₹15.05 crore for the financial year 2023, making it comparable to companies such as Kit Mart Pvt. Ltd., Cell City India Pvt. Ltd., and M.L. Roy & Co. Sanitations Pvt. Ltd. With subsidiaries including Star Discover General, Surge Energy, Dinlas Pharma, and Fertility Point, Africare Global Business Ventures is an ideal tenant for Corporate Park Opportunity 1.
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