Open for interest Builder Floors Sushant Lok Phase I, GurugramRisk: Moderate

Sushant Lok Builder Floors — 6 Floors

Six independent builder floors held at decade-old rents, where terrace waterproofing, plumbing and a power-backup upgrade unlock a premium rental-housing product in a proven residential belt.

Opportunity score

Total project cost

₹11.36 Cr

Purchase ₹8.80 Cr · Transformation ₹2.24 Cr

Sushant Lok Builder Floors — 6 Floors, Gurugram

Sushant Lok Builder Floors — 6 Floors view 1

Sushant Lok Builder Floors — 6 Floors view 2

Asset snapshot

Size: 10,800 sq ft
Occupancy today: 67%
Rent today: ₹3.7 L / month
Tenant position: Four of six floors let to long-standing tenants at legacy rents
Condition: Solid shell, leaking terrace, dated plumbing, no backup power
Acquisition status: Under negotiation with the owner

Stage 2 of 11 — Due Diligence18%

Express interest

Expressing interest is not a payment and not a binding commitment. Our team will contact you about eligibility and structure.

The problem

Why this asset underperforms today

Rents were last reset years ago and sit far below the street's asking levels.
The terrace leaks, which damages the top floor during monsoon.
Plumbing and electrical work is original and fails frequently.
No power backup, which most tenants in this belt now expect.

Root causes

What is actually driving it

The owner treats the floors as passive income and has deferred all capex.
Legacy tenants have no incentive to renegotiate upward.
The product does not match what tenants in this micromarket now pay for.

Our thesis

Why StakePe believes it can be improved

The physical defects are well-defined, priced and quick to remedy.
Family and expatriate rental demand in this belt is deep and documented.
Re-letting at market specification resets the income base materially.

Transformation plan

Current state → intervention → target state

Current state

Legacy tenancies
₹34.4/sq ft rent
Leaking terrace
No power backup

Planned interventions

Terrace waterproofing
Full membrane treatment, drainage correction and insulation.
Plumbing & electrical
Re-piping, new distribution boards and DG backup for all six floors.
Interior refresh
Modular kitchens, bathrooms, flooring and paint per floor.
Façade & parking
Façade cleaning, lighting, gate automation and stilt parking order.

Target state

Fresh market tenancies
Target ₹58/sq ft rent
Dry, serviced building
Backup power on every floor

Target state describes the plan we intend to execute. It is an objective, not a promise.

Transformation budget

Where the transformation spend goes

Terrace waterproofing₹34.0 L · 15%

Plumbing & electrical₹68.0 L · 30%

Interior refresh₹96.0 L · 43%

Façade & parking₹26.0 L · 12%

The numbers

Costs, income and indicative values

Purchase price

₹8.80 Cr

Transformation cost

₹2.24 Cr

Legal & transaction cost

₹32.0 L

Total project cost

₹11.36 Cr

Current annual income

₹44.6 L

Projected annual income

₹75.1 L

NOI today

₹37.0 L

NOI on the plan

₹65.8 L

Indicative valuation

₹10.20 Cr

Illustrative exit value

₹14.80 Cr

Holding period

5 years

Capital requirement

₹11.36 Cr

Every figure is illustrative modelling on demonstration data. No return, yield, IRR or exit price is promised or implied.

Scenario explorer

Three illustrative operating outcomes

Each case models stabilised occupancy, monthly rent and an illustrative exit value over a 5-year holding period.

Stabilised occupancy

96%

Stabilised monthly rent

₹6.3 L

Illustrative annual NOI

₹65.8 L

Illustrative exit value

₹14.80 Cr

Re-let at specification within the planned window.

Total project cost: ₹11.36 Cr
Exit value less project cost: ₹3.44 Cr
Holding period: 5 years

NOI today

₹37.0 L

Annualised, at current rent and outgoings

NOI on the plan

₹65.8 L

Annualised, at target rent and outgoings

Illustrative scenario. Not guaranteed. No return, yield or exit price is promised.

StakePe Opportunity Score

Strong Opportunity

A transparent, weighted rubric across ten factors. It explains how we assess the opportunity — it is not a prediction of performance.

of 100

Location14/15

Purchase Price13/15

Rental Upside14/15

Transformation Potential13/15

Tenant Demand9/10

Exit Liquidity8/10

Infrastructure4/5

Asset Quality3/5

Legal / Title Risk4/5

Market Risk4/5

Value Creation Potential

High Value Creation Potential

Seven signals describing where value could be created in this asset, and how much of it is within our control.

potential

Income uplift94

Occupancy improvement72

Renovation opportunity92

Reconfiguration opportunity66

Tenant improvement86

Operating efficiency74

Exit potential84

Verification workflow

Eight stages, recorded stage by stage

1
Owner KYC
Cleared
Owner identity and title holding confirmed.
2
Title & Legal Review
Cleared
All six deeds and mutation records reviewed.
3
Physical Inspection
Cleared
Terrace, plumbing and electrical defects documented.
4
Market Analysis
Cleared
Street-level rents benchmarked across the belt.
5
Financial Underwriting
Cleared
Re-let void modelled at four months per floor.
6
Transformation Feasibility
Cleared
Waterproofing and interior contractors quoted.
7
Risk Assessment
In progress
Conveyance sequencing being confirmed.
8
Investment Committee
Pending
Scheduled for the next committee cycle.

StakePe Verified reflects our internal workflow only. It is separate from, and not a substitute for, RERA registration or independent legal advice.

Legal & compliance

Status of the legal review

StakePe Verified: Yes
RERA: Not applicable — completed builder floors
Title: Freehold; six separate conveyance deeds to be executed
Encumbrance: Nil on the certificates obtained
Litigation: None identified
Property tax: Property tax paid to date
Approvals: Sanctioned building plan on record; completion on file
Risk rating: Moderate — six simultaneous conveyances are a condition precedent

This is a summary of our internal review. It is not legal advice and does not replace your own diligence.

Project timeline

Eleven stages from identification to distribution

Property Identified
2Due Diligence
3Investment Structure
4Capital Formation
5Acquisition
6Transformation
7Tenanting / Operations
8Value Creation
9Exit Preparation
10Exit
11Distribution

Key risks

Existing tenants may take longer than modelled to vacate or renegotiate.
A void between tenancies directly reduces income during the transition.
Six separate conveyances add closing complexity.

Documents

Opportunity summary notePDFOpen
Title & conveyance reviewPDF KYC
Condition surveyPDF KYC
Risk disclosurePDFOpen

Asset updates

2026-07-22
Condition survey completed
Terrace, plumbing and electrical scope priced by two contractors.

Real-estate investments involve risk. Property values, rental income, occupancy, liquidity and exit timing may vary. Any projections, scenarios or indicative valuations are illustrative and are not guaranteed returns. Participation is subject to applicable legal, regulatory, tax and transaction documentation.

All assets, scores, figures and statements shown are illustrative demonstration data used to present the StakePe workflow. Nothing here is an offer to sell or a solicitation to participate.