ASHAR IT PARK, Wagle Industrial Estate - Pre Leased Fractional Commercial Property

Located in Thane, Wagle Estate is a Grade A asset and a thriving commercial hub, strategically positioned between the Eastern Express Highway and LBS Marg. This premium location, overlooking the serene Sanjay Gandhi National Park, boasts a dynamic blend of IT parks and select residential housing complexes, offering an ideal balance of business and lifestyle opportunities.

INVESTMENT TERMS

We offer opportunities with minimum investment of ₹30 lacs, promising an expected IRR of 15.16% and an entry yield of 8.75%. 60 Months Agreement Tenure

$Discover fractional investment opportunities in commercial properties across cities like Hyderabad,$

8.75%

ENTRY YIELD

Invest

8.71%

AVERAGE YIELD

15.16%

TELEPERFORMANCE (French Listed MNC)

60 MONTHS

INR 30 LAKHS

AGREEMENT TENURE

TENANT

EXPECTED IRR

TOTAL ASSET VALUE

INR 54.66 Cr

MINIMUM INVESTMENT AMOUNT

TENANT PERFORMANCE

Listed on the Paris Stock Exchange

1978

REVENUE (2023)

€~10bn+

FOUNDED

EBITDA

€~2bn+

OPERATION

EMPLOYEES

~100 COUNTRIES

~500,000

Teleperformance is a French multinational specializing in customer experience management.
Listed on the Euronext Paris Stock Exchange and part of the CAC40 Index.
Expertise: debt collection, telemarketing, customer relationship management, content moderation, and communication across industries.
Industries served:
- Automotive
- Banking and Financial Services
- Healthcare
- Energy and Utility
Recognized as one of the 2023 Fortune 100 Best Companies to Work For.

ASSET DESCRIPTION

Ashar IT Park is a Grade-A commercial building offering spacious, modern office spaces.
Located in the heart of Wagle Industrial Estate, Thane, it boasts seamless connectivity and a daily footfall exceeding 15,000.
Equipped with premium amenities, including fire safety systems, a 24x7 food court, 8 passenger lifts, and 2 service lifts.
Specifications:
- Building Type: IT/ITeS
- Total Development Size: ~1.1 million sq. ft.
- Structure: 2B + G + 11 office floors
- Floor Plate: ~60,000 sq. ft. (carpet)
- Clear Height: 13 ft.
- Asset Efficiency: ~80%.

$Discover fractional investment opportunities in commercial properties across cities like Hyderabad,$

DEVELOPER HISTORY

- Ashar Group is a Mumbai-based diversified real estate developer with over 23 years of experience.

- Delivered over 7.5 million sq. ft. across residential, commercial, educational, and infrastructure developments.

- Currently developing ~12.5 million sq. ft. across MMR regions including Bandra, Ghatkopar, Thane, Mulund, and Nasik, ranking among the top 10 developers in Thane.

- Upcoming projects include a Township in Dombivli, a Luxury project in Lonavala, and other developments in Thane and Vile Parle.

Top Tenants In Wagle Industrial Estate, Thane

Wagle Estate, situated in Thane, is a prominent commercial locality positioned between the Eastern Express Highway and LBS Marg. Overlooking the lush Sanjay Gandhi National Park, it features a mix of thriving IT parks and select residential housing complexes, creating a well-balanced urban environment.

$Discover fractional investment opportunities in commercial properties across cities like Hyderabad,$

Strategic Location and Amenities

- Thane offers a variety of key locations such as the bustling Majiwada, commercial hub Wagle Estate, upscale Hiranandani Estate, and well-connected Pokhran Road 2, enhancing its appeal as a commercial destination.

- Cost-effective office rentals in Thane provide a competitive advantage over Mumbai's high-priced CBD and SBD areas. Its affordability, improved connectivity, and rich talent pool make it an attractive choice for businesses.

- Thane's commercial property market thrives on the synergy of affordability, excellent connectivity, and a forward-thinking business environment, driving growth and innovation.