Preleased
Office in Mumbai
Preleased Office in Matunga, Mumbai
Office
Preleased

₹ 7.25 Cr

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Mumbai, Matunga

Carpet Area: 1,613 sq. ft.
Built-up: 2,688 sq. ft.

This commercial property is situated in Matunga, Mumbai. The property is leased out to a well renowned Real Estate Developer and generates a monthly r... view more

Earn monthly rental income of ₹ 4,77,903
Your Purchase price
₹ 7.25 Cr

Avg. Rental Yield

9.31%

Price per sq. ft.

₹ 44,947

Lease details

Tenant has been constructing residential and commercial projects across Mumbai and Navi Mumbai since 2000. Currently the group is constructing 2 million sqft worth of properties in Mumbai and has already completed 2.5 lakh sqft worth of properties in Navi Mumbai.

Tenant Background

Real Estate Developer
Lease tenure

9 years
Lockin Period

5 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 4,77,903
₹ 5,49,588

You will earn a monthly rental income of ₹ 4,77,903. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 178/sqft.

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₹ 7.25 Cr
Office | Preleased