Preleased
Bank in Delhi
Preleased Bank in Vasant Vihar, Delhi
Bank
Preleased

₹ 16.00 Cr

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Delhi, Vasant Vihar

Carpet Area: 2,040 sq. ft.
Built-up: 3,400 sq. ft.

This commercial property is situated in Vasant Vihar, Delhi. The property is leased out to a well renowned Nationalized Bank and generates a monthly r... view more

Earn monthly rental income of ₹ 5,20,000
Your Purchase price
₹ 16.00 Cr

Avg. Rental Yield

4.60%

Price per sq. ft.

₹ 78,431

Lease details

The tenant is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. It is the 43rd largest bank in the world and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list.

Tenant Background

Nationalized Bank
Lease tenure

10 years
Lockin Period

3 years

Rent Escalation

25% every 5 years
Lease Timeline
₹ 5,20,000
₹ 6,50,000

You will earn a monthly rental income of ₹ 5,20,000. The rent will escalate by 25% every 5 years. The rent per sqft paid by the tenant is ₹ 153/sqft.

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₹ 16.00 Cr
Bank | Preleased