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Bank

Preleased

₹ 16.00 Cr

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Mumbai, Mahalaxmi

Carpet Area: 3,568 sq. ft.

This commercial property is situated in Mahalaxmi, Mumbai. The property is leased out to a well renowned Nationalized Bank and generates a monthly ren... view more

Earn monthly rental income of ₹ 6,49,376

Your Purchase price

₹ 16.00 Cr

Avg. Rental Yield

5.48%

Price per sq. ft.

₹ 44,843

Lease Details

Pricing

Financials

Lease details

Tenant is the fourth largest nationalised bank in India, with 132 million customers, a total business of US$218 billion, and a global presence of 100 overseas offices.

Tenant Background

Nationalized Bank

Lease tenure

10 years

Lockin Period

null years

Rent Escalation

25% every 5 years

Lease Timeline

Lease Start Date

March 2022

Lockin End Date

March 2022

Lease End Date

March 2032

Current monthly rent₹ 6,49,376

Rent after escalation₹ 8,11,720

Monthly rent details

You will earn a monthly rental income of ₹ 6,49,376. The rent will escalate by 25% every 5 years.

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₹ 16.00 Cr

Bank | Preleased