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IT Park for Sale in Bengaluru Whitefield India

Property ID : DAPBBU0278
Sold
Rs.1650000000/-
Land Area: 4 Acres Built up area: 900000 Sqft Bedrooms: NA Bathrooms: 50

IT Park for Sale in Bengaluru Whitefield India

Bank Auction Sale property
An Excellent IT park sale in Bangalore Tulip Data Centre, Whitefield

This Property has been Sold Out. To View Other IT Parks Click Here

An investment having potential of extremely high returns
Brief of Tulip Data Centre
  • Tulip Data Centre is built on 4 acres land, and is located in
    Whitefield EPIP zone
  • Land is sanctioned by KIADB and building approval also has
    KIADB stamp
  • Is having 900,000 sq feet of built up space, and 6.62 Lakhs sft of
    usable area (ie not including terrace, Chiller platform etc)
  • If completed, Tulip Data Center (TDC) would have been Asia’s
    largest and the world’s 8th largest data center
  • Building has four towers with each tower containing seven
    floors. Of the seven floors, five floors (also referred to as plates)
    constitute the data center space, with the remaining two base
    floors (Ground and First) housing the facilities area and office
    area.
  • Ready to occupy vacant possession
IT Park for sale in Bengaluru, Brief of Tulip Data Centre – floor wise usage
  • Ground floor is having warehouse and staging area, and it houses 16 generator of 4
    megawatt capacity, to produce up to a hundred megawatts of electricity. It also
    has roughly 50000 sft of spare space for future additions/ adaptations.
  • First floor is having 1,500 seated space available as DR center for the clients, 80-
    seater space with availability for IT and non-IT control and L1/L2 support, huge telco
    room for telecom service providers, 50 meeting rooms including videoconferencing
    rooms, a town hall area of 300 seater capacity.
  • 2nd floor till seventh floor – Each plate measures 20,000-22,000sf, of which 13,000-
    14,000sf of the plate area is actual server area, with raised flooring. Every floor plate
    has a capacity to house up to 600 racks, in 6 kV per rack. In total there are
    provisions to host 12000 racks (600 racks x 20 plates).
  • Terrace of the Building has frames for holding 32 chillers for cooling entire facility
    along with core Data Centers spaces. Currently only few chillers have been
    installed. Few are lying in warehousing area waiting to be installed.
  • In open area there are additional 4 generators, big diesel tanks, Rain water
    harvesting, treat plants etc. The data center is provisioned with up to 66 kV line
    power available from 2 sub-stations on a high-tension format (7.5 MW)
  • N+N redundancy for every component required in the data center
    including the transformers
  • These are also equipped with Novec 1230 extinguishers, fire-retardant
    paints on the doors that can stand glazing fire for up to 2-3 hours
  • 200-400 kVA UPS and back-up batteries that can take the load for 20
    minutes in full load.
  • TDC would use peak power of ~100MW. Use of other energy sources like
    photo voltaic, heat pumps and evaporative cooling enables Tulip to
    reduce traditional power consumption. It has 16 generator of 4
    megawatt capacity each.
  •  To further minimize the consumption of power, the facility is equipped
    with 1500 day/night security cameras, which make it possible to operate
    at minimal lighting conditions. It can track every persons complete
    traversing through the building starting from entry till the exit of campus.
Finance specs
  • Tulip Telecom Ltd, the borrower has defaulted on Loans from multiple banks. Multiple banks have
    made a consortium and handed over the authority
    to sell this asset to ARC. And ARC is Liquidating this
    asset @195 Cr.
  • There may e additional 10-15% expense on bringing
    the building back to shape. It has physical assets
    estimated to be of 50 Cr, lying in stores.
  • Assuming throwaway price of 4K per sft rate, this
    property market will be valued @360 Cr
  • Similarly a rent of 35 Rs, will fetch 38 Cr yearly rent  a rental ROI of ~20%
Price 165 crores No Negotiations( market value 360 crs)
For More details: Selva Babu – 9841432559

 

Amenities

2 wheeler parking Car parking CC TV Cameras Centralized AC Conference room Generator Power Back up Hall Type Lift Management Cabins Pantry Visitors Parking

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