Preleased
Bank in Delhi
Preleased Bank in Vasant Kunj, Delhi
Bank
Preleased

₹ 10.74 Cr

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Delhi, Vasant Kunj

Carpet Area: 1,400 sq. ft.
Built-up: 2,100 sq. ft.

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

Earn monthly rental income of ₹ 4,25,000
Your Purchase price
₹ 10.74 Cr

Avg. Rental Yield

6.13%

Price per sq. ft.

₹ 76,692

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

Bank
Lease tenure

15 years
Lockin Period

0 years

Rent Escalation

25% every 5 years
Lease Timeline
₹ 4,25,000
₹ 5,31,250

You will earn a monthly rental income of ₹ 4,25,000. The rent will escalate by 25% every 5 years. The rent per sqft paid by the tenant is ₹ 202/sqft.

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₹ 10.74 Cr
Bank | Preleased