Preleased
Bank in Delhi
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Bank
Preleased

₹ 16.00 Cr

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Delhi, Connaught Place

Carpet Area: 840 sq. ft.
Built-up: 1,400 sq. ft.

This commercial property is situated in Connaught Place, Delhi. The property is leased out to a well renowned Indian Bank and generates a monthly rent... view more

Earn monthly rental income of ₹ 6,25,000
Your Purchase price
₹ 16.00 Cr

Avg. Rental Yield

5.43%

Price per sq. ft.

₹ 1,90,476

Lease details

The tenant is an Indian scheduled commercial bank that was founded as vehicle finance company AU Financiers Ltd in 1996 and converted to a small finance bank on 19 April 2017.

Tenant Background

Indian Bank
Lease tenure

9 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 6,25,000
₹ 7,18,750

You will earn a monthly rental income of ₹ 6,25,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 446/sqft.

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₹ 16.00 Cr
Bank | Preleased