Preleased
Bank in Delhi
Preleased Bank in Mayur Vihar Phase 1, Delhi
Bank
Preleased

₹ 70.00 L

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Delhi, Mayur Vihar Phase 1

Carpet Area: 68 sq. ft.
Built-up: 114 sq. ft.

This commercial property is situated in Mayur Vihar Phase 1, Delhi. The property is leased out to a well renowned Banking and generates a monthly rent... view more

Earn monthly rental income of ₹ 25,000
Your Purchase price
₹ 70.00 L

Avg. Rental Yield

4.71%

Price per sq. ft.

₹ 1,02,941

Lease details

The Tenant is a major private sector bank headquartered at Thrissur in Kerala, India. South Indian Bank has 924 branches, 4 service branches, 53 extension counters and 20 Regional Offices spread across India. The bank has also set up more than 1,500 ATMs and 91 Cash Deposit Machines.

Tenant Background

Banking
Lease tenure

5 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 25,000

You will earn a monthly rental income of ₹ 25,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 219/sqft.

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₹ 70.00 L
Bank | Preleased