Mid-market Shopping Mall Investment Opportunity in Erode, India
Established | 5-10 year(s) |
Employees | 100 - 500 |
Legal Entity | Public Limited Company |
Reported Sales | USD 12 million |
Run Rate Sales | USD 14 million |
EBITDA Margin | Nil |
Industries | Shopping Malls |
Locations | Erode |
Local Time | 8:48 PM Asia / Kolkata |
Listed By | Management Member |
Status | Active |
- Project initiated by The Ministry of Textiles, Government of India & supported by the Government of Tamil Nadu.
- Our mall is an attractive platform for investors seeking regular rental income, it serves as a great source for passive income.
- It is a long-term product offering good capital appreciation along with rental income.
Invest for long-term periodic returns from and stable capital appreciation.
- The investor buys a property with an assured return and we take care of the property's management.
- Even with no tenant we provide assured rent to an investor.
- Investor pays no stamp duty or registration cost and earns a return from day one.
- The investor can expect a minimum monthly rental of INR 50,000 from the showroom (with a tenant).
The facility which is located in Erode, Tamilnadu, India is spread across 20,00,000 square feet and has been re-positioned as a Price-less Marketplace, in its New Avatar, catering to both B2B and B2C segments.
Tangible assets include the fully-furnished and ready-to-move-in showroom space. The showroom is valued at INR 9,090 per sq. ft.
The entire mall has 11.5L sqft of built-up area with 50 acres of land and it consists of fully furnished commercial showrooms of 849 sq. ft. for investment purposes. The mall is located on the Bengaluru - Cochin National Highway, northwest of Erode.
The entire project is funded and owned by 2 private investors Lotus Group & URC Constructions. The government will just monitor the project, and provide subsidies and tax breaks.
There are no outstanding loans in the name of the business.
This mall managed by Beyond Square feet from Mumbai.
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Earlier than 15 daysIndependent Advisor, Chennai, Financial Consultant connected with the Business
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Earlier than 15 daysSenior Relationship Manager, Aditya Birla Finance Ltd, Coimbatore, Financial Institution connected with the Business
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Earlier than 15 daysManager, IT Services, Erode, Individual Investor / Buyer connected with the Business