CHIPL– We Work Commercial Proposal

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Disclaimer
• This IM (Information Memorandum) has been prepared on the basis of the information provided by the
Company, neither of which has been independently verified

• Neither Evervantage nor any other persons shall be liable for any direct, indirect, special, incidental,
consequential, punitive or exemplary damages, including lost profits arising in any way from the
information contained in this communication

• This IM is being furnished on a strictly confidential basis; neither this IM nor the information and analysis
contained herein may be reproduced or passed to any third person or used for any purpose other than
exploring the interest of the recipient in the strategic opportunity set forth herein

• This Information Memorandum is for your private information only and does not constitute an analysis of
all potentially material issues nor does it constitute an offer to buy or sell any investment. Prior to entering
into any transaction with Evervantage, you should consider the relevance of the information contained
herein to your decision given your own investment objectives, experience, financial and operational
resources and any other relevant circumstances. Views expressed herein are not intended to be and should
not be viewed as advice or as a recommendation. You should take independent advice on issues that are of
concern to you

• This communication is for the use of intended recipients only and the contents may not be reproduced,
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 Project Information
Parameter Metric Project Details

Name of SPV Developing Project Convention Hotels India Pvt. Ltd.

Name of Tower Krrish Tower, Hard Rock Hotel
Location Address No.496, Behind HP Campus, Mahadevapura, Whitefield Road,
Bangalore – 560 048

Google Earth Link 12.994987, 77.687772

Land Area Acres 2.63
Land Area Sq.ft. 1,14,672
Hotel Area Sq,ft. 205 Keys Hotel - 1,85,209.28 sq.ft.
Banquet Area Sq,ft. 28,507
Commercial Area Sq,ft. 1,44792
Parking Area Sq,ft. 87,209
Total Builtup Area Sq,ft. 4,34,007
Total Cost Incurred till date for Cr. 223.3
Commercial + Hotel project
Pending Cost to be Incurred
• Hotel Construction Cr. 41.4
• Commercial Construction Cr. 37.9

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 Lease Snapshot
Parameter Metric Project 1

Name of SPV Developing Project Convention Hotels India Pvt. Ltd.

Name of Lessee Puma Sports India Private Limited,
Handover of Project to PUMA 30th April 2020
Date of Start of Lease MAY 2020
Lease Completion Date March 2035
Lease Period Years 15 Years
Lock in month 60 months
Leaseable Area Sq.ft. 84130
Warm Shell Rental per sq.ft. Sq.ft. Rs. 43 + Applicable Taxes
Monthly Lease Rental Income Cr. 0.36 Cr.
Escalation % 15% escalation at the end of every 3rd year from Rent
Commencement date
Interest Free Refundable Security Cr. 6 months rental
Deposits
Rent Free Period months 6 months
Car Parking Spaces Nos. 60 Car Parks
Car Parking Charges Rs. Nil

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Floor Wise Area Brekup
Descriptions Gross Lease Area in sq.ft.
Ground Floor 20400
First Floor 20400
Fourth Floor 8666(Under Discussion)
Fifth Floor 8Under Discussion
Sixth Floor Under Discussion
Seventh Floor Under Discussion
Eighth Floor Under Discussion
Ninth Floor Under Discussion
Tenth Floor Under Discussion
Eleventh Floor 8666
Twenth Floor 8666
Thirteenth Floor 8666
Fourteenth Floor 8666
Fifteenth Floor 8666
Terrace 443
Total
* Please refer to We Work LOI for detailed Floor Plan 1,45235

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Location Map

Google Earth Link 12.994987, 77.687772

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Actual Picture

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 WHAT WE DO BEST

10+ 100+ 200 + 50+

Million sft Billion INR raised for Network of Cities covered
Leased Real Estate Market Clients Pan India

50+ 85+ 25+ 6

Hotel Tie-ups Projects Funded Years of Real Offices
across India Estate Experience Pan India
 OUR OFFICES & CONTACTS

MUMBAI BENGALURU OTHER OFFICES

41 Devidas Mansion 603, Barton Centre, Delhi-NCR   |  Hyderabad

Shri BKBB Marg, 84 M.G. Road, Chennai  |   Pune
Apollo Bunder, Colaba, Bengaluru 560 001
Mumbai 400 001 T: +91 80 25590010
T: +91 22 22828911/15

Srishti Gosavi
Mob:- +91 9619945838
Email: srishti@evervantage.in