Preleased
Bank in Mumbai
Preleased Bank in Nariman Point, Mumbai
Bank
Preleased

₹ 45.00 Cr

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Mumbai, Nariman Point

Carpet Area: 3,370 sq. ft.
Built-up: 4,140 sq. ft.

This commercial property is situated in Nariman Point, Mumbai. The property is leased out to a well renowned Privatized Bank and generates a monthly r... view more

Earn monthly rental income of ₹ 24,91,788
Your Purchase price
₹ 45.00 Cr

Avg. Rental Yield

6.64%

Price per sq. ft.

₹ 1,33,531

Lease details

Tenant is one of India's fastest growing private sector banks with an expanding presence across the country. It currently services over 9.63 million customers through a network of 429 branches; 1,365 business correspondent branches (of which 260 banking outlets) and 412 ATMs spread across 28 Indian states and Union Territories.

Tenant Background

Privatized Bank
Lease tenure

5 years
Lockin Period

3 years

Rent Escalation

5% every 1 years
Lease Timeline
₹ 24,91,788

You will earn a monthly rental income of ₹ 24,91,788. The rent will escalate by 5% every 1 years. The rent per sqft paid by the tenant is ₹ 602/sqft.

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₹ 45.00 Cr
Bank | Preleased