Preleased
Bank in Gurgaon
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Bank
Preleased

₹ 2.57 Cr

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Gurgaon, Palam Vihar

Carpet Area: 696 sq. ft.
Built-up: 1,161 sq. ft.

This commercial property is situated in Palam Vihar, Gurgaon. The property is leased out to a well renowned Indian Bank and generates a monthly rental... view more

Earn monthly rental income of ₹ 1,07,000
Your Purchase price
₹ 2.57 Cr

Avg. Rental Yield

5.45%

Price per sq. ft.

₹ 36,893

Lease details

The tenant is an Indian 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

Indian Bank
Lease tenure

12 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 1,07,000
₹ 1,23,050

You will earn a monthly rental income of ₹ 1,07,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 92/sqft.

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₹ 2.57 Cr
Bank | Preleased