Preleased
Bank in Delhi
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Bank
Preleased

₹ 8.00 Cr

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Delhi, Okhla Phase 2

Carpet Area: 1,200 sq. ft.
Built-up: 1,850 sq. ft.

This commercial property is situated in Okhla Phase 2, Delhi. The property is leased out to a well renowned Bank and generates a monthly rental income... view more

Earn monthly rental income of ₹ 3,00,000
Your Purchase price
₹ 8.00 Cr

Avg. Rental Yield

5.72%

Price per sq. ft.

₹ 66,667

Lease details

Tenant is a new-generation Indian bank headquartered in Pune. The bank offers commercial, transactional and electronic banking products and services. It was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh.

Tenant Background

Bank
Lease tenure

12 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 3,00,000
₹ 3,45,000

You will earn a monthly rental income of ₹ 3,00,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 162/sqft.

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₹ 8.00 Cr
Bank | Preleased