Preleased
Bank in Gurgaon
Preleased Bank in Sector 24, Gurgaon
Bank
Preleased

₹ 3.44 Cr

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Gurgaon, Sector 24

Carpet Area: 840 sq. ft.
Built-up: 1,401 sq. ft.

This commercial property is situated in Sector 24, Gurgaon. The property is leased out to a well renowned Private Bank and generates a monthly rental ... view more

Earn monthly rental income of ₹ 1,16,000
Your Purchase price
₹ 3.44 Cr

Avg. Rental Yield

4.23%

Price per sq. ft.

₹ 40,952

Lease details

The tenant is an Indian private sector bank and a subsidiary of Life Insurance Corporation providing financial and banking services. It was established in 1964 as Industrial Development Bank of India, a development finance institution, which provided financial services to industrial sector.

Tenant Background

Private Bank
Lease tenure

9 years
Lockin Period

0 years

Rent Escalation

10% every 5 years
Lease Timeline
₹ 1,16,000
₹ 1,27,600

You will earn a monthly rental income of ₹ 1,16,000. The rent will escalate by 10% every 5 years. The rent per sqft paid by the tenant is ₹ 83/sqft.

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₹ 3.44 Cr
Bank | Preleased