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INFROMATION MEMORANDUM

D I V YA S R E E T O W E R , B A N G L O R E

July 2023

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Location Map

He Fort
a lt i s
hc
are
RVI Institute of

Bannerghatta Rd.
Management

Oakyard
Apartments

LEGENDS

B A Divay sree Tower


A
B Concentrix

Jayadeva
Institute
MATS Institute
of Management

Outer Ring Road

Bangalore
Central

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Divya sree Tower : Assets Overview
Divya sree Tower

Land Area GLA Area Leased Year of Parking


Asset Address Building Structure
(Sq. m.) (Sft.) (Sft.) Construction Capacity

Plot No. 55,


Bannerghatta 85
Divyasree Tower 11,964 67,943 67,943 2002 1 Basement+G+3
Main Road, (Approx.)
Banglore

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Lease Details
Property Name Divyasree Towers
Bharti Airtel Limited
Tenant Name
Rupeek Fintech Private Limited
Address Plot No. 55, Bannerghatta Main Road, Banglore
City Bangalore
Ownership/Title Freehold
Floors nos. available for sale GF, FF, SF & TF
Floor Plate Area (sq. ft.) GF (14,454 sft), FF (13,205 sft), SF (20,212 sft) & TF (20,072 sft)
Usage (Commercial/SEZ/Industrial) Commercial
Total Saleable/Leaseable Area (Sq. Ft.) 67,943 sq. ft
Occupancy sft 67,943 sq ft
Bharti Airtel: 47,731 sft (GF - 14,454 sft, FF – 13,205 sft & TF 20,072 sft)
Leased Area - Tenant wise (sq ft)
Rupeek: 20,212 sq ft on 2nd floor
Vacant Area Nil
OC status 25/04/2009 - Occupancy Certificate
Total Car Parks 85 ECS (1/800 sq ft)
Airtel (65 car park) - No Charges
Rent/car park/month (Rs.)
Rupeek (20 nos) - INR 4000 / car park / month (Rupeek - No free car park slots)
Total Annual Car Parking Rent (Rs.) INR 9,60,000/-
Airtel - Rs 57.75/sqt/month (Effective 15 th Sep 2023 - 15% escalation so rent will be at Rs. 66.41 and after that 15% after
Base Rent/sq. ft./month & Escalation Terms every 3 year)
Rupeek - Rs 67 /sqft/month (escalation of 5% after every year)
Total Annual Rent (INR Crs.) Till 14th Sep 2023 – Approx. 4 Cr & from 15 th sep 2023 onwards - Approx. 5.42 Cr
Security Deposit (INR Crs.) Approx. 2.87 Cr
Total Annual Maintenance (CAM)
Building managed by Airtel only ; No cost recovery from Rupeek
(INR Crs.)
Total Annual Property Tax (INR Crs.) N/A ;(Cost is being paid by Lessee and same is being reimbursed by Bharti Realty to Lessor)
Bharti Airtel – for GF & TF 15/09/2022
Lease Start Date Airtel – For FF 15/09/2023
Rupeek Fintech - 1/Aug/2023
Bharti Airtel - for GF Up-to- 14-Sep-2036 and for FF & TF Up-to 14-Sep-2031
Lease End Date
Rupeek Fintech - 6 Years i.e. 31-July-2029
Airtel – for GF expires on 14-Sep-2027 and for TF expires on 14-Sep-2024
Lock-in End Date
Rupeek - 24 Months expire on 31-July-2025

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Thank You

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