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Strata completed its exit from its Express Zone office in Goregaon East, Mumbai, for INR 40 crore, having originally purchased it for INR 33.6 crore. Over the holding period, investors earned rental returns of INR 12.9 crore. The deal is reported to have generated an internal rate of return (IRR) of 13 % alongside approximately 20 % capital appreciation. The property was fractionally held among 120 investors, and the lease completion allowed a successful handover and sale to a financial buyer.
Strata has exited its Grade-A office investment in Express Zone, Goregaon East, Mumbai, at a transaction value of INR 40 crore. The asset was acquired some years ago for INR 33.6 crore and had been fractionalised across 120 investors, each with a ticket of INR 25 lakh. During the holding period, investors received a cumulative INR 12.9 crore in rental disbursements in addition to the exit proceeds. The transaction reportedly delivered a 13 % IRR and around 20 % capital appreciation. Advertisement
Originally, the property had been leased to ReachLocal. Upon the lease's conclusion, Anand Rathi Global Finance acquired the property, enabling the successful exit.
Strata's exit from Express Zone underscores the potential of well-timed office investments in Mumbai's commercial districts. Investors benefited not only from steady rental income but also capital appreciation over the holding tenure. With the property now handed over to a new institutional buyer, the transaction reflects the growing confidence of financial firms in core office real estate. This kind of structured exit highlights the evolving maturity of the fractional investment model in India's commercial real estate sector.
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