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    FlexiProps Office Opportunity - Mumbai 2

    FlexiProps Office Opportunity - Mumbai 2

    Own a premium office space in Boomerang, Powai – a Grade A+ LEED-certified asset with 10% entry yield and 17.06% IRR. Located in Mumbai’s commercial hub with top-tier connectivity and infrastructure. Anchor tenant: Sitel Group, a global CX leader with 170,000+ employees worldwide. Offered at ~25% discount on Powai’s market value – strong rental and capital appreciation potential.

    ​Overview

    Boomerang is an iconic Grade A+ asset located in the heart of Powai, Mumbai's commercial hub with top class amenities, superior location and easy connectivity to the airport, metro lines and the Western Express Highway. Boomerang has one of the largest single floor plate (~160,000 SF) in the city providing large and flexible office spaces. It has gained the stature of A green building (certified by LEED), designed for power conservation and manpower optimization.

    ​Location
    Chandivali, Powai enjoys excellent infrastructure and easy connectivity to the airport and metro stations
    Powai
    Powai is one of the most rapidly expanding business districts located in the heart of Mumbai's commercial belt. Enjoys excellent connectivity to Eastern and Western Express Highways, Mumbai International Airport and Metro stations.

    ​About the Tenant :

    Sitel is one of the largest global providers of end-to-end customer experience products and solutions company. Headquartered in Miami, Florida; Sitel Group provides service through 108 customer experience centres located in 21+ countries through total employee strength of over 170,000 employees. Group provides services to client customers located in 45 countries across North America, South America, Europe, Africa and Asia Pacific managing over 9 million customer experiences daily through 60 different languages. Provides customer solutions to BFSI, Healthcare, Insurance, Manufacturing, Telecom, Technology, Media & Entertainment and Travel & Hospitality industries.

    ROI

    • Entry Yield - 10%* (Including rental top-up)
    • Average Yield - 10.06%
    • Expected IRR - 17.06%

    Financial Details

    • Value deal of approx 25% discount on average market property value and rentals of Powai
    • Grade A+ commercial property
    • 6.5% capital appreciation YoY

    Last updated at: 4/15/2025, 11:19:45 AM

    Investment Summary

    Total Price₹40.62 Cr
    No of Units162
    Price Per Unit₹25.00 L
    Expected IRR16.06%
    Asset TypeFOP

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