Workflow
Back to Marketplace
Omaxe Chandni Chowk
Omaxe Chandni Chowk
Real Estate

Lucknow, Uttar Pradesh

Hybrid

Investment Type

₹25,000.00

Minimum Investment

https://res.cloudinary.com/sterlcent/image/upload/v1645192886/assets/STEROCCGF63F/gallery_1_z0a2ae.jpg
https://res.cloudinary.com/sterlcent/image/upload/q_10/v1645192888/assets/STEROCCGF63F/occ_k3uvcj.png
https://res.cloudinary.com/sterlcent/image/upload/v1645192887/assets/STEROCCGF63F/gallery_2_m84gmy.jpg
https://res.cloudinary.com/sterlcent/image/upload/v1645192886/assets/STEROCCGF63F/gallery_4_fmkagl.jpg
https://res.cloudinary.com/sterlcent/image/upload/v1645192886/assets/STEROCCGF63F/gallery_3_t0xfq3.jpg
https://res.cloudinary.com/sterlcent/image/upload/v1645192886/assets/STEROCCGF63F/gallery_1_z0a2ae.jpg
https://res.cloudinary.com/sterlcent/image/upload/q_10/v1645192888/assets/STEROCCGF63F/occ_k3uvcj.png

12%

14%

Returns
We expect the return rate to increase upto 14% during the tenure of the investment.

7 years

Lease Tenure

₹ 58.6 Lakhs

Total Investment

100%

Raised
2.1% Capital Gain
Has Grade-A tenants
Low Risk
16% target IRR

Executive Summary

Overview

SterlCent is proud to announce Omaxe Chowk as our Series 1 investment opportunity.

This investment opportunity holds strong real estate fundamentals mainly due to its location. The total capitalization of the current series of funding is Rs. 70,98,200. SterlCent through its SterlCent Commercial Properties Series 1 Private Limited, is looking forward to co-invest in this opportunity and holding the investment for a considerable amount of time to let the capital appreciation math work. The holding period will be a high-ROI generating phase with an ROI of 12%p.a. from the commencement of the life span of the investment.

Nestled in the head of Delhi - Chandni Chowk adjoining Chandni Chowk metro station, the property is the very first flagship commercial development in the last 300 years. The project is spread across 4.5 acres, probably the largest possible development in the quoted location, which makes it even more attractive.

Chandni Chowk is one of India’s oldest and busiest marketplaces, beautifully designed by Jahanara, daughter of Mughal Emperor Shah Jahan in the 17th century. The location has immense business potential, in 2018, the estimated business turnover was more than $400 billion i.e. approximately ₹28 lakh crores, and the same was expected to cross $700 billion (approximately ₹50 lakh crores) by 2020 in the pre-covid situation based on a report by Walmart. Currently, during the pre-covid times, footfall in the surrounding was as high as 6 lakhs including tourists on a daily basis.

Redevelopment

The investment opportunity addresses all major concerns of the largely unorganized marketplace - bringing together the scattered market, providing parking slots for more than 2100 cars and 81 tourist buses, F&B. area of approx. 1.20 lakh sq. ď. with a seating capacity of 1600, bringing the finest of the amenities and features namely, 10 passengers, 5 service, and 2 car elevators on each door, dedicated space for loading and unloading, direct entry from Chandni Chowk Metro station on the first floor.

Market Overview

  • Chandni Chowk experiences a minimum of 600,000 of shoppers footfall apart from which there is a heavy engagement of the people coming to roughly 50,000+ business units. Additionally, the marketplace also caters to the food and shopping needs of the workforce at the metro station.
  • Based on the report of CBRE, since 2010 the rental yields in the area have gone up from ₹550 to ₹1050 till late 2018. Average asking rents have risen consistently since 2010 and are expected to continue trending upward. The market has a strong demand for mid to high-end, “Class B+” rated tenants.

The SterlCent Story

Commercial real estate has always been a safe horse to bet on. After all, as the demand increases so does their value, and the demand for real estate has always been growing. However, even though the investment opportunity is lucrative, it is difficult to go all-in on commercial properties in an individual capacity. SterlCent aims to create sustainable wealth through strategic and collaborative investment. We aim to help individuals who desire to invest in real estate but lack knowledge of the industry and the ability to invest in an individual capacity.

Financial Calculator

Your Investment

₹25,000.00

Your Returns

₹220.00

/month

Return Frequency

Monthly

Financial Forecasting

 Day Of InvestmentYear 1Year 2Year 3Year 4Year 5
Annual Rental Yield12%12%12%13.5%13.6%
Investments-₹25,000.00
Returns₹3,000.00₹3,000.00₹3,000.00₹3,375.00₹3,375.00
Capital Appreciation₹28,750.00₹33,062.00₹38,022.00₹43,725.00₹50,284.00
Selling Price₹50,284.00
IRR34.6%
Omaxe Ltd

Company Name

Omaxe Ltd

Headquarters

Gurgaon, Haryana

SPV Name

Sterlish Properties LLP

Established In

1989

Website

omaxe.com/

Social Media

1989