Nov 2017
09

6 Reasons Why You Should Invest In Lodha Codename Big League

By Zricks.com
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1. It offers an opportunity to invest in Mumbai - India's financial & commercial hub with robust and sustained demand for office spaces

Mumbai has emerged as the most stable market from net absorption perspective in 2017 registering total commercial net absorption of 2 million sq. ft. this year so far. The market has been receiving steady demand from sectors such as IT/BPO, consulting, BFSI, healthcare and media that have been looking at growth within the city. (Source: Cushman and Wakefield)

Robust demand means commercial rental yield in Mumbai continues to outshine major global destinations:

Mumbai: 8.5%

Singapore: 3.3%

Hong kong: 2.7% 

New York: 4.3% 

London: 4.3%


Source - Knight Frank Global Cities - The 2018 Report

 

2. It is located in Andheri East - a prime business hub with superior connectivity, upcoming infra developments and lower lease rentals, fueling office space demand. 

Metro Connectivity: 2 of the 6 upcoming metro lines pass through Andheri East, including the one connecting the East with the West. 

Leading Corporates: MNCs including Unilever and P&G have set up base in Andheri East, accessible from all parts of Mumbai-contrary to the unidirectional flow of workforce to SoBo. 

Faster Commute: With the proposed rapid transit networks, Andheri East commute time could be down to the lowest in Mumbai, uplifting workforce productivity.


Despite the positives, current lease rentals are significantly lower compared to other business districts: 

Andheri East: 125-150

BKC: 250-300

Lower Parel: 160-180

Weighted average quoted base rental (psf/month). Source: Economic Times 

 

3. Current Grade A boutique office space supply in Andheri East lags demand, which means rental growth over next 3-5 years will be faster. 

"While the rentals in Andheri East have stabilized at current levels, there is an upward trend especially for Grade A offices, with a 7%-8% average yield on net rent"- JLL Market Rent Benchmarking Report 2017.

The rates are expected to increase from 100 to 135 from 2016 to 2020 F.

F - forecasted. Commercial lease rental in INR (psf / month).

 

4. Lodha Codename Big League offers luxury boutique offices for growing businesses close to major arterial routes, airports & hotels. These office spaces are in short-supply in the micro-market.

Connected to Key Arterial Roads: Andheri-Kurla Road: 1 km and JVLR: 0.5 km 

Connected to the Airports: International: 4.5 km and Domestic: 7.5 km

Close to Luxury Hotels: The Renaissance, ITC Grand Maratha, The Leela, The Lalit and Holiday Inn.

 

5. Luxury boutique offices delivered under Supremus brand have a history of 100% inventory sell-out. These offices are presented by Lodha- leader in boutique office spaces in MMR with combined area delivered > 1.5 million sq. ft. 

Worli Naka (2014) 

Thane I (2014) 

Powai (2015) 

Upper Worli (2014) 

Kanjurmarg (2014) 

Thane II (2016) 
 

6. Affordable ticket sizes mean retailer investors can also participate in the commercial real estate growth story. 

Growth Offices: 10-15 (No of employees) and Starting from Rs 1.39+ Cr. 

Expansion Offices: 16-20 (No of employees) and Starting from Rs 1.98+ Cr.

Large Offices: 21-30 (No of employees) and Starting from Rs 3.26+ Cr.


Limited period opportunity: units available at lowest pre-launch prices and just 10% down-payment from 7 Nov - 6 Dec.


MahaRERA Registration No. P51800013696

Updated: 11/28/2017 1:15:04 PM

About Project

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place Andheri East , Western Express Highway , Mumbai

zoom_out_map 600 - 1800 Sq.Ft

1.45 Cr - 2.80 Cr

Possession
Quarter 4, 2020
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