Preleased
Office in Gurgaon
Preleased Office in Golf Course Ext., Gurgaon
Office
Preleased

₹ 2.30 Cr

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Gurgaon, Golf Course Ext.

Carpet Area: 930 sq. ft.
Built-up: 1,551 sq. ft.

This commercial property is situated in Golf Course Ext., Gurgaon. The property is leased out to a well renowned Insurance Company and generates a mon... view more

Earn monthly rental income of ₹ 96,218
Your Purchase price
₹ 2.30 Cr

Avg. Rental Yield

6.04%

Price per sq. ft.

₹ 24,715

Building information

This is an IT/ITeS building in Sector 61, Golf Course Extension Road, Gurgaon. It is approx. 1.5 km from Sector 55-56 Rapid Metro Station and it has good connectivity by road to all the major micro-markets of Gurgaon. There are 5-star hotels as well as hospitals and malls within 2-5 km.

Why to invest?

Lease details

The tenant was incorporated in 2000, as a joint venture between the Indian Farmers Fertiliser Co-operative Limited (IFFCO), which is the world’s largest fertilizer manufacturer, and Tokio Marine Group, which is one of the largest insurance groups in Japan. IFFCO holds 51 percent in the company and the remaining 49 percent is held by Tokio Marine Group.

Tenant Background

Insurance Company
Lease tenure

9 years
Lockin Period

3 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 96,218
₹ 1,10,651

You will earn a monthly rental income of ₹ 96,218. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 62/sqft.

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₹ 2.30 Cr
Office | Preleased