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₹ 20.00 Cr

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Bangalore, R T Nagar

Carpet Area: 14,400 sq. ft.

Built-up: 18,000 sq. ft.

This commercial property is situated in R T Nagar, Bangalore. The property is leased out to a well renowned PG Service provider and generates a monthl... view more

Earn monthly rental income of ₹ 12,70,750

Your Purchase price

₹ 20.00 Cr

Avg. Rental Yield

8.08%

Price per sq. ft.

₹ 13,889

Lease Details

Pricing

Financials

Lease details

Tenant is a Co-living property space that offers variety of services including PGs

Tenant Background

PG Service provider

Lease tenure

8 years

Lockin Period

2 years

Rent Escalation

15% every 3 years

Lease Timeline

Lease Start Date

August 2019

Lockin End Date

August 2021

Lease End Date

August 2027

Current monthly rent₹ 12,70,750

Rent after escalation₹ 14,61,363

Monthly rent details

You will earn a monthly rental income of ₹ 12,70,750. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 71/sqft.

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₹ 20.00 Cr

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