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Bank

Preleased

₹ 3.25 Cr

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Bangalore, Residency Road

Carpet Area: 1,376 sq. ft.

Built-up: 1,720 sq. ft.

This commercial property is situated in Residency Road, Bangalore. The property is leased out to a well renowned Privatised Bank and generates a month... view more

Earn monthly rental income of ₹ 1,65,900

Your Purchase price

₹ 3.25 Cr

Avg. Rental Yield

7.31%

Price per sq. ft.

₹ 23,619

Lease Details

Pricing

Financials

Lease details

Tenant is an Indian scheduled commercial bank

Tenant Background

Privatised Bank

Lease tenure

9 years

Lockin Period

9 years

Rent Escalation

5% every 1 years

Lease Timeline

Lease Start Date

March 2021

Lockin End Date

March 2030

Lease End Date

March 2030

Current monthly rent₹ 1,65,900

Rent after escalation₹ 1,74,195

Monthly rent details

You will earn a monthly rental income of ₹ 1,65,900. The rent will escalate by 5% every 1 years. The rent per sqft paid by the tenant is ₹ 96/sqft.

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₹ 3.25 Cr

Bank | Preleased