OFFICE SPACE FOR RENT GURGAON
FORTUNE TOWER UDYOG VIHAR, GURGAON
Site & Location
This site is ideally located on the National Highway-8. It is right opposite the Toll Plaza as one enters Gurgaon. Building is spread across an area of approx 96000 sq.ft. It is in close proximity to the International Airport and well connected to South, central and Western Delhi through NH8. The Building consists of 7 floors. Four Floors are occupied by Alcatel-Lucent World’s biggest Telecom Company for high-tech R & D activities.
Area Offered:
| Tower | Floors Available | Total Area of the Tower (sq.ft) | Area offered in floors (sq.ft.) approx. |
| Fortune II | 5th, 6th and 7th | 96000 | 27,000 (9000 sq ft.per plate) |
Schedule
Handover for fit-outs: Immediate
Handover for occupation: Immediate
Kindly Note: The proposed space is subject to availability at the time of your confirmation.
GENERAL SPECIFICATIONS
Specifications
- Efficient floor plates and high floor-to-floor clearances.
- Premium building finish, a combination of attractive glass façade, stones and metal panels.
- Central air-conditioning. A very efficient Central Water Cooled Air-conditioning Plant installed.
- 100% power back-up available. PLC Controlled Load Management System for operation of DG Sets.
- Telecom provisions
- Ground Floor stilt parking of 11000 sq.ft.
- Huge signage is available free on terrace. Property is visible on the NH8 Highway at the toll way. The value of the signage itself is worth Rs. 2 lacs/pm.
- Modern Fire Detection and Suppression Systems with sprinklers.
- Blue chip IT multinationals as neighbours.
Details of Fortune Tower I & II for Sale
1. Address 406, Udyog Vihar, Phase-III, Gurgaon.
2. Plot Size 3172 sq.mtr. (free hold).
Sale transaction by only Registered Conveyance Deed in Court.
3. Super Area 138000 sq.ft.
a) Fortune Tower I having super area of
42,000 sq.ft. (5 Floors and one
Basement with 7000 sq.ft. per Floor).
b) Fortune Tower II having a super area of
96,000 sq.ft. (7 Floors with 9000 sq.ft.
per Floor plus 2 Basements and Ground
Floor having 11000 sq.ft. per Floor).
4. Location Fortune Tower I and II are situated at a Prime
Location and directly visible from NH8 Delhi
Bombay Jaipur Highway at 10 Minutes Drive
from Indira Gandhi International Airport, New
Delhi.
5. Standard of Building Fortune Tower I and II are Buildings of High
International Standard with Kone and Otis Lifts,
special protection against Earthquake, Fire and
other natural calamities. 100% AC by Central
Water Cooled Plants (Hitachi) & 100% DG Set
Power Backup (Cummins)
6. Lease No. 1 42,000 sq.ft. in Fortune Tower – I Leased out to
Alcatel-Lucent in July 2004 for 12 years with a
Lock-in for 9 years. 18% escalation every 3
years. Fresh Lease executed in June 2010
with lock-in for 3 years and one extension for 3
years with 18% increment.
7. Lease No. 2 58000 sq.ft. in Fortune Tower – II Leased out to
Alcatel-Lucent in May 2007 for 9 years with a
Lock-in for 6 years. 18% escalation every 3
years. Fresh Lease executed in June 2010
with Lock-in for 3 years and one extension for
3 years with 18% increment. Area with AlcatelLucent-2 Basements, 1st, 2nd, 3rd & 4th Floors
8. Vacant Area 38000 sq.ft. (Ground Floor 11000 sq.ft. withStilt Parking and 5th, 6th and 7th floor with 9000
sq.ft each floor) with 100% AC and Power
Backup already available. Price of vacant
property is only Rs.4500 per sq.ft. (including
100% AC & 100% Power Backup).
9. Sale Value of the Rs.17,10,00000.00
Vacant Area
10. Existing Rent The Current Rent from Alcatel-Lucent from
both Leases is Rs. 52,64,675.00 p.m.
11. Sale Value of the We propose to sell the Property on a 9% return
Rented Portion basis i.e. Rs.70,19,56,666.00
12. Total Sale Value of Rs. 87.29 Crores
Rented + Vacant Area
13. Services a) Electric Load of 1300KVA
b) Generator Sets 4 Nos. – 1 No. of 500
KVA + 3 Nos. of 320 KVA.
c) A/C Plant (Central) – 300 Tons and 240
Tons = 540 Tons.
d) Lifts – 2 Nos. Kone 13 PAX and 1 No.
OTIS 10 PAX.
14. Deposits A) 6 months interest free Security Deposit.
B) 6 months Advance Rent adjustable in 36
months.
There is effectively an interest free Deposit of
Rs.5 Crores. Approx. from Alcatel-Lucent i.e.
an earning of Rs.5 lacs per month on account
of interest alone.
15. Loan There is a 19 Crores facility available on the
said property from HDFC Bank @ 12.5%. This
facility can be transferred at the discretion of
the bank to the new buyer.
FOR MORE INFORMATAION CALL +91 995.895.9555 / Please fill the form BELOW
