Preleased
Bank in Delhi
Preleased Bank in Karol Bagh, Delhi
Bank
Preleased

₹ 9.30 Cr

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Delhi, Karol Bagh

Carpet Area: 1,500 sq. ft.
Built-up: 2,600 sq. ft.

This commercial property is situated in Karol Bagh, Delhi. The property is leased out to a well renowned Indian Bank and generates a monthly rental in... view more

Earn monthly rental income of ₹ 3,56,500
Your Purchase price
₹ 9.30 Cr

Avg. Rental Yield

5.42%

Price per sq. ft.

₹ 62,000

Lease details

The tenant was a medium-sized public sector bank of India, with a network of 2885 branches, 4 extension counters, 38 satellite offices and 3798 automated teller machines as of 31 March 2019. During 2011–12, the bank entered the states of Tripura and Himachal Pradesh. Recently it was amalgamated into Union Bank of India.

Tenant Background

Indian Bank
Lease tenure

12 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 3,56,500
₹ 4,09,975

You will earn a monthly rental income of ₹ 3,56,500. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 137/sqft.

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₹ 9.30 Cr
Bank | Preleased