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MYRE Capital offers new grade A+ office asset in Vaishnavi Tech Park, Bangalore

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MYRE Capital offers new grade A+ office asset in Vaishnavi Tech Park, Bangalore

MYRE Capital is India’s first new real estate investment platform. This is a joint venture of the renowned construction company Morphogenesis. MYRE ends the 2021 calendar year with a combined AUM of over 1 billion. They have launched their latest products at Vaishnavi Technology Park (VTP) in Bangalore starting this year.

MYRE Capital offers investors the opportunity to invest in rare commercial real estate (CRE) institutional grade assets with a minimum investment of Rs 2.5 lakh. The proposed space is 36,230 square feet. Located in the South Tower of VTP, spanning the entire 4th floor. This opportunity will offer an entry rate of return of 8.7% and a target internal rate of return (IRR) of 16.2%. This comes as office space demand in Bengaluru is expected to reach pre-pandemic levels in 2022, dominated by the financial and tech sectors. Bengaluru is widely regarded as the “Silicon Valley of India” due to the presence of the largest IT company in the country.

Vaishnavi Technology Park (VTP) is strategically located at the intersection of Outer Ring Road (ORR) and Sarjapur Micro Market. ORR is the largest IT hub in Bangalore, while the Sarjapur micro market has a 0% vacancy rate. These micro-markets are home to some of the most prominent multinational tenants, including – LinkedIn, Deloitte, Microsoft, Accenture, HCL, Tata, Wipro.
VTP is a newly built development with 2 office towers and a dedicated retail space. As a testament to the quality of the asset, the entire development has been designed for an IGBC Platinum rating. State-of-the-art construction techniques have been used to achieve long-term minimization of utility costs and maintenance costs.

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The themed building is fully leased to Smartworks, the market leader in managed lease solutions, for a total of 9 years. Given strong demand from blue-chip and multinational tenants, Smartworks has been able to sublease more than 90% of the tower to corporate clients within days of occupying the space. Smartworks is the largest operator in managed leasing and has demonstrated strong leasing capabilities by acquiring over 500 enterprise clients across its pan-India offices including Amazon, Tata, Ernst & Young, Starbucks, Microsoft and more. The space acquired by MYRE is occupied by Groww, one of the largest fintech platforms in the country. Groww recently hired Microsoft Executive Chairman and CEO Satya Nadella as an investor and active board advisor. Groww is also an anchor subtenant in VTP.

MYRE Capital has also launched a first-of-its-kind 3D virtual tour of the development, allowing investors to virtually browse the entire property and give them a more meaningful understanding of the development.

Complete News Source : Construction Week

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$92.8 million

Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

instantbollywood.com

Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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