QUORUM Luxury Designer Office Building, Koramangala, Bangalore for Rent - Bangalore

Monday, 29 July 2013

Item details

City: Bangalore, Karnataka
Offer type: For Rent
Price: Rs 700,000
Full Square, m²:929


Contact name Syed Ajmal Ahmed
Phone 7259187490

Item description

"QUORUM" State of the Art Designer Luxury Office Building
No. 85, 7th Cross, 4th Block (Near BDA Complex), Off 100’ Road, Koramangala, BANGALORE - 560034, Karnataka, INDIA

QUORUM: Key Features

•State of the Art Designer Luxury Office Building, Architects: DKA, Year of Construction: 2009
•Centrally located @ 4th Block (Near BDA Complex), Off 100’ Road, Koramangala, Bangalore - 560034
•Specifically designed to meet the typical requirements of Major Multi National / Software Companies
•Vastu Compliant: Main Entrance Door facing East, Vastu Elevator, Diesel Generator & Toilet Locations
•Facing 60’ Wide Main Road (7th Cross, 4th Block, Koramangala)
•Super Built Up Area: 10,000 Square Feet
•Ground Floor (Lobby, Parking & Utilities) + 3 Typical Floors + Terrace Floor
•8 Car Parking Spaces on the Ground Floor with Space in Front Setback for 3 Cars / Two Wheelers
•White ACP & Glaverbel, Belgium Super Silver Blue Structural Glazing on Important Elevations
•Imported ThyssenKrupp Machine Room Less Stainless Steel Elevator of 11 Persons Capacity
•Total of 18#s Carrier Split Air Conditioners including Conference Room on Terrace Floor
•Lavender Blue & Absolute Black Granite Lobby Flooring, Elevator Wall Cladding & Staircase
•Vitrified Flooring (Euro Mega White & Euro Zade Black) in Office Areas on all floors
•Wide Staircase: Each flight of stairs is 1.20m wide
•Spacious 2.50m x 2.00m Lobby on all floors
•Lobby on Ground Floor includes space for Security Staff
•Spacious “True” Open Plan Offices on all floors without any Columns
•Spacious 7.80m x 6.00m Conference Room on Terrace Floor
•Open Dining Area with Galvalume Sheet Roofing, Ceiling Fans, Lights and Balcony on Terrace Floor
•Pantry & Prayer Room on Terrace Floor
•All Floors with Wipro Light Fittings
•Brushed Stainless Steel Railing for Staircase & Balcony on Terrace Floor
•2 Toilets (Gents + Ladies) on each floor (including Terrace Floor) with a total of 8 toilets
•All Toilets equipped with Wall Mounted WCs, Wall Mounted Wash Basins & Premium Fixtures
•Additional Toilet on the Ground Floor for Security Staff & Drivers
•Borewell back up for BWSSB Mains Water Supply
•Large Sump Tank (24.75Kl) with 2 Sections for BWSSB Mains & Backup Borewell Water Sources
•2 Overhead Water Tanks (2.5 Kl & 10Kl) for BWSSB Water & Borewell Water Sources
•Automated pumps in BWSSB & Borewell water tanks with water level controllers in overhead tanks
•100KVA Power with 125 KVA Capacity Kirloskar Green Diesel Generator
•Diesel Generator starts & shuts down automatically upon power failure & when power is restored
•Service Shaft runs across the full height of the building for Electricity, LAN, UPS & Telephone Cables
•All Floors with Concealed Conduits running between the Service Shaft & Several Points on each Floor
•Dedicated Building Signage Wall + Building Facade Lights on important elevations

The following commercial rental terms are for the building including Imported ThyssenKrupp Elevator, 125KVA Kirloskar Green DG Set, 18#s Carrier Split Air Conditioners, WIPRO Light Fittings & Ceiling Fans on Terrace Floor Only as part of Interiors. The furnishing itself must be done by the tenant.

Advance: 10 months i.e. Rs. 65,00,000/- (by 2 Demand Drafts in favour of LESSORS)

Monthly Rentals: Rs. 6,50,000/- + 12.36% Service Tax (as applicable) + Six-Monthly External Cleaning Cost of ACP & Structural Glazing at actual cost + 15% Management Costs and relevant Service Tax + All Annual Maintenance Contracts of the Elevator, Diesel Generator & Air Conditioners at Actual Cost + 15% Management Costs and relevant Service Tax. Monthly Rentals shall be credited into LESSORS’ designated bank accounts monthly in Advance latest by the 5th of each calendar month against Monthly Tax Invoices that shall be issued by the LESSORS prior to the commencement of each calendar month.
Delay Fee: Any delay in crediting Monthly Rentals to LESSORS’ designated bank accounts shall attract a delay fee @ 2.50% per month.
Annual Escalation: 7.50% at each anniversary of the LESSEE leasing the building from the LESSORS.

Duration of Agreement: Minimum: 3 Years (Lock-In Period) & Maximum: 5 Years (The agreement may be extended subject to the mutual consent of the LESSORS & the LESSEE)

IMPORTANT NOTES: All 24x7 Professional Security Costs, Professional Housekeeping Costs, Utility Bills (Electricity, Water, Sewerage, Telephones, Fax, Internet etc.) + Fuel & Consumables for Diesel Generator shall be fully borne by the LESSEE. Any other taxes introduced by the Government shall be to the LESSEE’s account. All costs towards the Registration of Building Lease Agreement shall be fully borne by the LESSEE.

Annual Corporation Tax and Insurance of the Building & Equipment (Elevator, DG Set, Air Conditioners etc. that belong to the LESSORS) shall be borne by the LESSORS while the LESSEE shall insure all their assets.