Overview

This is an opportunity to invest in a Grade-A commercial space in Salt Lake Sector 5, Kolkata, West Bengal. Located in the North 24 pgs district of West Bengal, India. Embracing a cluster of IT parks and corporate entities, Salt Lake Sector V has earned the moniker "Silicon Valley of the East." It hosts a spectrum of multinational corporations, startups, and established Indian enterprises, constituting a dynamic ecosystem for technological endeavors. 

Investment Thesis

Major IT Hub

The asset is located in a major IT hub of Kolkata. The surrounding area has witnessed tremendous growth in the past decade and is home to several MNCs and Indian corporates.

Great Connectivity

The asset is located close to the Saltlake ,sector V in Kolkata, is well connected to major IT hubs. Salt Lake Sector 5's strategic location and well-developed infrastructure make it one of the most accessible areas in Kolkata, catering to the needs of professionals, residents, and visitors alike.

Location

Road Connectivity: Sector 5 is well-connected by major roads like the Salt Lake Bypass, the Eastern Metropolitan Bypass (EM Bypass), and the New Town Road, which link it to various parts of Kolkata.

Metro Connectivity: The Salt Lake Sector 5 station on the East-West Metro Corridor provides easy access to the metro system. This line connects Sector 5 to other important areas like Sealdah, Esplanade, and Howrah. Apart from the Sector 5 station, other nearby stations include Karunamoyee and City Centre, which enhance connectivity to different parts of Kolkata.

Airport Connectivity: Netaji Subhas Chandra Bose International Airport: Located approximately 12-15 km from Sector 5, the airport is easily accessible via VIP Road or the EM Bypass. Taxis and app-based cab services like Ola and Uber are readily available for airport transfers.

Floor Plan

General Layout:

• Orientation: The floor plan is oriented with the north direction indicated at the top left corner.
• Lobby Area: The central area has a lobby with access to elevators and stairs, providing connectivity to different parts of the building.
  Office Spaces:
• There are 11 office spaces labeled as Office-1 to Office-11.
• Each office space has its own entrance and is of varying sizes.
• The offices are arranged along a central corridor, allowing easy access from the lobby area.

Facilities:

Restrooms:

• Restrooms are located at both ends of the floor, with separate facilities for His and Her.
• Each restroom includes basic amenities and is adjacent to the offices.

AC ODU (Air Conditioning Outdoor Units):

• Each office space has an assigned area for the AC outdoor units, ensuring individual climate control for each office.

Staircases and Elevators:

• Lifts (Elevators):
  • There are three elevators located in the central lobby area, providing vertical connectivity between floors.
• Staircases:
  • Two staircases are available: one near the main entrance lobby and another near the "Fire Refuge & Service Balcony" at the opposite end of the building.

Fire Safety:

• Fire Refuge & Service Balcony: Located near Office-7 and Office-8, this area is designated as a safe space in case of a fire emergency.

Circulation:

• The plan allows for efficient circulation with a central corridor running the length of the building, giving direct access to all offices.

Tenancy

The tenant is a 13-year-old company founded in 2011, and is a leading web & mobile app development agency based in Kolkata, WB, India that always aims to offer a right cost effective technology solutions to all its clients.

Price Breakup

Lease Start	1st July, 2024
Lockin	3 Years
Lease End	30th June 2027
Lease Term	3 Years
Lock-in Period	3 Years
Escalation	5% Yearly
Security Deposit	315000