Preleased
Bank in Delhi
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Bank
Preleased

₹ 12.25 Cr

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Delhi, IP Extension

Carpet Area: 900 sq. ft.
Built-up: 1,500 sq. ft.

This commercial property is situated in IP Extension, Delhi. The property is leased out to a well renowned Public Sector Bank and generates a monthly ... view more

Earn monthly rental income of ₹ 4,03,000
Your Purchase price
₹ 12.25 Cr

Avg. Rental Yield

4.93%

Price per sq. ft.

₹ 1,36,111

Lease details

The tenant is an Indian public sector bank headquartered in Mumbai, India and was founded by Rana Kapoor and Ashok Kapur in 2004. It offers wide range of differentiated products for corporate and retail customers through retail banking and asset management services.

Tenant Background

Public Sector Bank
Lease tenure

12 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 4,03,000
₹ 4,63,450

You will earn a monthly rental income of ₹ 4,03,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 269/sqft.

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₹ 12.25 Cr
Bank | Preleased