Operating Apartments Gomti Nagar Extension, LucknowRisk: Moderate

Gomti Nagar Income Residences — 14 Flats

A block of fourteen unfurnished, individually-let flats consolidated under one operator, furnished and re-let as managed long-stay homes.

Opportunity score

Total project cost

₹11.11 Cr

Purchase ₹8.40 Cr · Transformation ₹2.42 Cr

Gomti Nagar Income Residences — 14 Flats, Lucknow

Gomti Nagar Income Residences — 14 Flats view 1

Gomti Nagar Income Residences — 14 Flats view 2

Gomti Nagar Income Residences — 14 Flats view 3

Asset snapshot

Size: 21,700 sq ft
Occupancy today: 86%
Rent today: ₹8.1 L / month
Tenant position: Twelve of fourteen flats let to corporate and long-stay tenants
Condition: Refurbished and furnished in 2026
Acquisition status: Acquired and operating

Stage 8 of 11 — Value Creation73%

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

Flats were let individually at inconsistent rents with high churn.
Unfurnished homes competed only on price.
No maintenance standard across the block.

Root causes

What is actually driving it

Fragmented management meant no pricing power and long voids.
Unfurnished homes miss the corporate long-stay demand entirely.

Our thesis

Why StakePe believes it can be improved

Furnishing and a single standard move the block into a different rent band.
One operator across fourteen flats reduces cost per home.
Corporate long-stay demand in the micromarket is documented.

Transformation plan

Current state → intervention → target state

Current state

Was 58% occupied
Unfurnished
Fragmented management
High churn

Planned interventions

Home refurbishment
Kitchens, bathrooms, flooring and paint across fourteen flats.
Furnishing package
Standardised furniture, appliances and soft goods.
Common infrastructure
Lift refurbishment, water treatment and backup power.

Target state

86% occupied today
Furnished long-stay homes
Single operator
Target 94% occupancy

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

Transformation budget

Where the transformation spend goes

Home refurbishment₹1.26 Cr · 52%

Furnishing package₹74.0 L · 31%

Common infrastructure₹42.0 L · 17%

The numbers

Costs, income and indicative values

Purchase price

₹8.40 Cr

Transformation cost

₹2.42 Cr

Legal & transaction cost

₹29.0 L

Total project cost

₹11.11 Cr

Current annual income

₹97.4 L

Projected annual income

₹1.08 Cr

NOI today

₹76.6 L

NOI on the plan

₹86.4 L

Indicative valuation

₹12.10 Cr

Illustrative exit value

₹14.80 Cr

Holding period

4 years

Capital requirement

₹11.11 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 4-year holding period.

Stabilised occupancy

94%

Stabilised monthly rent

₹9.0 L

Illustrative annual NOI

₹86.4 L

Illustrative exit value

₹14.80 Cr

Stabilised occupancy with annual escalations.

Total project cost: ₹11.11 Cr
Exit value less project cost: ₹3.69 Cr
Holding period: 4 years

NOI today

₹76.6 L

Annualised, at current rent and outgoings

NOI on the plan

₹86.4 L

Annualised, at target rent and outgoings

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

StakePe Opportunity Score

Solid Opportunity

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

of 100

Location11/15

Purchase Price13/15

Rental Upside12/15

Transformation Potential12/15

Tenant Demand8/10

Exit Liquidity7/10

Infrastructure4/5

Asset Quality4/5

Legal / Title Risk5/5

Market Risk4/5

Value Creation Potential

Moderate 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 uplift82

Occupancy improvement86

Renovation opportunity78

Reconfiguration opportunity58

Tenant improvement76

Operating efficiency84

Exit potential64

Verification workflow

Eight stages, recorded stage by stage

1
Owner KYC
Cleared
Completed pre-acquisition.
2
Title & Legal Review
Cleared
All fourteen titles verified.
3
Physical Inspection
Cleared
Flat-by-flat survey completed.
4
Market Analysis
Cleared
Long-stay demand benchmarked.
5
Financial Underwriting
Cleared
Occupancy ramp modelled over nine months.
6
Transformation Feasibility
Cleared
Refurbishment completed within budget.
7
Risk Assessment
Cleared
Rated moderate.
8
Investment Committee
Cleared
Approved, funded and acquired.

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: Project RERA registered; registration number on file
Title: Clear and marketable across all fourteen flats
Encumbrance: Nil
Litigation: None
Property tax: Paid to date
Approvals: Occupancy certificate on record
Risk rating: Low legal risk

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
Due Diligence
Investment Structure
Capital Formation
Acquisition
Transformation
Tenanting / Operations
8Value Creation
9Exit Preparation
10Exit
11Distribution

Key risks

Residential long-stay tenancies are short and renew frequently.
Furnishing wears and requires periodic replacement capex.
Exit depends on a buyer willing to acquire the block as one lot.

Documents

Opportunity summary notePDFOpen
Operating report — latest quarterPDF KYC
Valuation refreshPDF KYC
Risk disclosurePDFOpen

Asset updates

2026-08-05
Occupancy at 86%
Twelve of fourteen flats let; two under offer.
2026-05-14
Refurbishment completed
All fourteen flats handed over furnished and to standard.

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.