Preleased
Bank in Mumbai
Preleased Bank in Mulund E, Mumbai
Bank
Preleased

₹ 3.25 Cr

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Mumbai, Mulund E

Carpet Area: 675 sq. ft.

This commercial property is situated in Mulund E, Mumbai. The property is leased out to a well renowned Nationalize Bank and generates a monthly renta... view more

Earn monthly rental income of ₹ 1,35,625
Your Purchase price
₹ 3.25 Cr

Avg. Rental Yield

5.01%

Price per sq. ft.

₹ 48,148

Lease details

"Tenant is a Fortune 500 company. It is an Indian Multinational, Public Sector Banking and Financial services statutory body headquartered in Mumbai. It is the largest Indian Bank with 1/4th market share, serves over 44 crore customers through its vast network of over 22,000 branches, 58,500 ATMs and operates in 32 foriegn countires as well "

Tenant Background

Nationalize Bank
Lease tenure

10 years
Lockin Period

0 years

Rent Escalation

25% every 5 years
Lease Timeline
₹ 1,35,625

You will earn a monthly rental income of ₹ 1,35,625. The rent will escalate by 25% every 5 years.

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₹ 3.25 Cr
Bank | Preleased