Consortium of Real Estate Investments & Developments (CREID)

Executive Summary

• Area: 102 acres (4,443,120 sq ft)
• Location: Tondiarpet / Kondingyur, Chennai
• Ownership: Single family (Daniel - Asher Aseervadam - Anandraj)
• Agreement Holder: SM Group - Muzzafir
• SR Value: ₹2,500 per sq ft
• Market Value: ₹4,500 per sq ft

Legal & Documentation Note

As per available legal opinion, the property is documented under MoU with Muzzafir and is positioned for registration in the client’s name upon deal closure. The asset is described as an Anubhava Sothu (property under possession and enjoyment), with transferability supported subject to compliance and registration formalities.

Transaction Readiness Steps

• Update patta records in seller’s name before registration.
• Clear pending property taxes as part of pre-closing compliance.
• Finalize title-chain documentation and mutation alignment.
• Proceed with registration once statutory updates are complete.

CREID Advisory Scope

• Deal structuring support for large-format land transaction.
• Coordination across owner side, agreement holder and buyer group.
• Pre-close checklist management (conversion/tax/title status).
• Documentation workflow through registration closure.

Property Profile

• Location: CoxTown, Bengaluru
• Area: 39 guntas (42,471 sq ft)
• Ownership: Single family
• Owners: Nagraj & Late Vasanta
• Conversion Type: Residential A Katha
• Mandate Holder: Triune Business Ventures Pvt. Ltd. (MoU holder)

Mandate & Documentation Position

The property is documented under an active MoU with Triune Business Ventures Pvt. Ltd. As per mandate structure, registration is proposed in the buyer's or financier's name after release of agreed funds and completion of transaction formalities.

CREID will support buyer/financier onboarding with structured data-room readiness, mandate-level due diligence coordination and transaction facilitation support.

Opportunity Highlights

• Large contiguous land parcel in established urban catchment.
• Strong spread between updated SR benchmark and prevailing market value.
• Residential A-khata conversion supports mainstream end-use and financing routes.
• Flexible structuring options for debt-led entry or outright acquisition.

CREID Transaction Support

• Mandate-level commercial and legal process coordination.
• Buyer and financier engagement framework.
• Documentation sequencing for funds release and registration closure.
• Advisory support through deal structuring and closeout.

Project Overview

Eden Estates by CREID is a premium plotted community located in Nalenahalli, Nelamangala Taluk, North Bengaluru, strategically positioned near the upcoming KWIN City and STRR growth corridor. Designed for families, professionals, and long-term investors, Eden Estates offers legally secure, future-ready plots in a high ROI zone.

EDEN Estates is a premium plotted development positioned near the upcoming KWIN City and STRR growth corridor. Price: ₹2,000 per sq ft. Layout: 5 acres with ~100 premium plots. Plot sizes: 30×40 ft (≈1,200 sq ft), 30×50 ft, and villa plot options. Legally secure: DC converted, BMRDA-norm layout. Marketed as a high ROI zone for investors and families.

Location Advantage

Situated in Nalenahalli, Nelamangala Taluk, North Bangalore. Close to KWIN City and STRR corridor, making it a prime investment zone. Excellent connectivity to Bangalore’s industrial and residential hubs.

Infrastructure & Amenities

• Roads: 30 & 40 ft well-laid internal roads
• Security: Gated community with single entry–exit and compound fencing
• Green Spaces: Landscaped parks and open areas for families
• Utilities: Concealed electrical cabling, underground drainage, reliable water supply, street lighting
• Sustainability: Rainwater harvesting provisions for groundwater recharge

Vision & Mission

Mission: To create legally secure, future-ready plotted communities that balance peaceful living with high-return investment potential.

Vision: To be North Bangalore’s most trusted plotted development partner, delivering transparent, compliant, and infrastructure-strong gated layouts that grow in value as the region’s infra and industry expand.

About Triune Homes

Triune Homes – a unit of the Consortium of Real Estate Investments & Developments (CREID) under Triune Business Ventures – is focused on developing high-quality residential and commercial projects across Karnataka. Operating through strategic Joint Venture and Joint Development models, Triune Homes partners with landowners to create value-driven, professionally managed real estate developments.

With a commitment to transparent processes, structured partnerships, and superior construction standards, the company aims to deliver sustainable and community-enhancing projects. Triune Homes combines entrepreneurial agility with institutional discipline to shape progressive urban spaces across the state.

Site & Location

A 75×100 sq. ft. (7,500 sq. ft.) land parcel in a beautifully landscaped location very close to the new airport road. Strategically placed between Yelahanka and Devanahalli, ideal for homes, guest houses and Airbnb rentals.

• Bethalsoor – New Airport Rd. (Pincode 562157)
• Yelahanka – 8 kms
• International Airport – 14 kms
• Devanahalli – 17 kms

Project Configuration

• Land Area: 7,500 sq. ft. (75×100 sq. ft.)
• Plan: G+4 floors, 30 residences (5 units per floor)
• Unit Mix: 2 & 3 bedroom options, fully furnished
• Use Cases: End-user homes, guest apartments, Airbnb / corporate rentals

Financials & Timelines

• Launch Price: ₹5,000 per sq. ft.
• Overall Investment: ₹6.5 cr. (permissions, CC/OC included)
• Gestation: 2 years max from investment to exit
• Target Returns: ~₹8.5 cr. value – ~31% ROI (~₹2 cr.) in 2 years
• Handover: 24 months from CC; bookings from June 2026

Execution & Sales Plan

• Planned Construction: Consistent pace to complete within 24 months from CC.
• Hyper Sales Plan: Streamlined sales, swift payments, seamless possession.
• Listing Structure: Clear visibility on gestation, pricing and returns.

Winning Formula

• Great Location: Close to airport – ideal for corporate and NRI investors.
• Newly Built: Rising demand for new properties with easy airport road access.
• 2 & 3 BHK: Balanced community mix.
• Fully Furnished: All units fully furnished; investors can shape interiors from day one.

Investor Benefits (USP)

• Pre-Sales Offers during construction
• Curated Options – all-inclusive, fully furnished for corporates & guest homes
• Early Possession – timely handover within 24 months
• Clear Documentation – papers vetted by nationalised banks; registration in 1 year
• High Rental Yield – airport proximity for guest apartments & corporate housing
• Tripartite Security – defined JV exit alongside landowner