Alt Completes Exit from GCorp Tech Park with 103% ROI in Nine Months
Alt's exit from GCorp Tech Park marks a significant return of 103% in just nine months, reflecting strong institutional demand in prime real estate. The transaction highlights growing investor interest in quality commercial assets in Mumbai.
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Alt has divested its investment in GCorp Tech Park, achieving a pre-tax internal rate of return of 103% and a 1.50x return on capital within nine months. The initial equity investment of ₹69.21 crore was made in July 2025 for a 170,000 square feet property, yielding a realized value of ₹104.03 crore by April 2026.
Concurrently, Property Share concluded its second scheme, acquiring 440,000 square feet within the same development, indicative of increasing institutional interest. The GCorp Tech Park, located on Ghodbunder Road, features LEED Platinum and WELL Health-Safety certifications, housing notable tenants such as Aditya Birla Group and Concentrix. This scenario reflects a pricing gap in prime commercial real estate, presenting both opportunities and risks for investors.
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