Ascent Supply Chain Consultants Pvt. Ltd. (ASCC) has been appointed as the Sales Organizer for the Transfer of Leasehold Rights of 4000 Sq Mtrs (One Acre) Plot at Turbhe MIDC, TTC Industrial Area. The article covers the following details of the MIDC Plot for sale in TTC Industrial Area, Navi Mumbai:
1. Property Overview:
Following are the broad details of 4000 Sq Mtrs Plot for Sale:
- Location: Turbhe MIDC.
- Property Type: Leasehold.
- Plot Size: 4250 Sq Mtrs.
- Current Built-Up Area: 241.38 Sq Mtrs.
- Allotment Year: 1979.
- Lease Tenure: 95 Years.
- Lease Deed Year: 1980.
- Last Transfer was done in the Year: 2014.
- Activity: Lab.
- Power and Water: Connected.
- MIDC Road Width in front of the Plot: 41 Mtrs.
- Vastu Compliance: East Facing Rectangular Plot.
- Plot Dimension: Front: 50, Back: 50, Rare: 86 and 84.
2. Development Potential (FSI) on the Captioned Property
The captioned property can be used for any Non Polluting Industrial Activity, IT Park and Industrial Park. The Property is located on the Central Road of MIDC. MIDC Road Width in Front of the Plot is 41 Mtrs. As per the New CDCPR, the plot has potential of getting the maximum permissible FSI for IT/ ITES Park or Industrial Park. The table placed below represents the Maximum development potential on the captioned property:
| Sr. No. | Particulars | Industrial Use (Shed / RCC) | Industrial Park | IT/ITES Park |
|---|---|---|---|---|
| 1 | Basic FSI | 1 | 1 | 1 |
| 2 | Basic FSI allowed (In Sq Mtrs) |
4250 | 4250 | 4250 |
| 3 | Addl. FSI | 2 | 2 | 3 |
| 4 | Addl. FSI (In Sq Mtrs) |
8,500 | 8,500 | 12,750 |
| 5 | Total FSI | 3 | 3 | 4 |
| 6 | Permissible FSI (Plot Size x Total FSI)(In Sq Mtrs) |
12,750 | 12,750 | 17,000 |
| 7 | Ancillary FSI (max) | 80% of the Total Quantity as per FSI | ||
| 8 | Max. Ancillary FSI (In Sq Mtrs) |
10,200 | 10,200 | 13,600 |
| 9 | Total FSI (Permissible & Ancillary FSI ) |
22,950 | 22,950 | 30,600 |
3. Total Saleable Area, Expenditure, Net Income and ROI on IT Park Development
| Sr. No. | Particulars | Details |
|---|---|---|
| 1 | Total Saleable Area (including Loading) | 6,38,757 Sq. Ft. |
| 2 | Total Expenditure (Development Cost, Land Acquisition Cost, Approvals) | INR 152.15 Cr. |
| 3 | Net Income (After deduction of Expenditure) | INR 516.9 Cr. |
| 4 | Return on Investment (ROI) | 340% within 4-5 Years. |
4. Total Saleable Area, Expenditure, Net Income and ROI on Industrial Park Development
| Sr. No. | Particulars | Details |
|---|---|---|
| 1 | Total Saleable Area (including Loading) |
3,80,291 Sq. Ft. |
| 2 | Total Expenditure (Development Cost, Land Acquisition Cost, Approvals) |
INR 115.93 Cr. |
| 3 | Net Income (After deduction of Expenditure) |
INR 238.67 Cr. |
| 4 | Return on Investment (ROI) | 206% within 4-5 Years. |
5. Transaction Overview
The property is owned by a Limited Liability Partnership (LLP) . The LLP is a shell company which was formed in 2014. There is no business in the company. The transaction would cover Induction of New Partners, Retirement of Old Partners followed by Change of Management of LLP (‘Reconstitution of LLP’)
6. Property Highlights and Summary
- Clear and Marketable Title.
- Prime Location Property.
- Property Located on 41 Mtrs road, giving an advantage of getting full permissible FSI.
- Many IT and Industrial Park in the close vicinity.
- Excellent Investment opportunity.
- Clear Demarcation.
- A rectangular plot.
- Around INR 4.8 Cr. is saved in case of Company Takeover. (Stamp Duty : 1.2 Cr. and GST on the Agreement: 3.6 Cr.)
To know more details of the property, Click here.
ASCC Industrial Consultant
ASCC Pvt. Ltd. stands tall as a premier industrial real estate consultancy firm, based in Navi Mumbai, Maharashtra. Established in 2004, our primary goal has been to cater to the burgeoning demand for specialized expertise in the industrial broking and real estate sector.
With a commitment to excellence and customer satisfaction, ASCC Pvt. Ltd. has established itself as a trusted partner for businesses seeking Buy/Sell/Hire/ Lease of Industrial Real Estate PAN India.
To know more about us, Click here
Reach Us at
Ascent Supply Chain Consultants Private Limited (ASCC),
406 Raheja Arcade, Sector-11, CBD Belapur,
Navi Mumbai – 400614, MH – India.
Tel: 022-4897-4888
Email: info@ascc.in
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