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Office

Preleased

₹ 4.50 Cr

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Mumbai, Mulund

Carpet Area: 1,660 sq. ft.

Built-up: 2,732 sq. ft.

This commercial property is situated in Mulund, Mumbai. The property is leased out to a well renowned Insurance Company and generates a monthly rental... view more

Earn monthly rental income of ₹ 2,30,000

Your Purchase price

₹ 4.50 Cr

Avg. Rental Yield

6.78%

Price per sq. ft.

₹ 27,108

Lease Details

Pricing

Financials

Lease details

It is an Indian health insurance company having headquartered in Gurgaon, Haryana and operates out of 158 offices across India.

Tenant Background

Insurance Company

Lease tenure

5 years

Lockin Period

3 years

Rent Escalation

5% every 1 years

Lease Timeline

Lease Start Date

May 2022

Lockin End Date

May 2025

Lease End Date

May 2027

Current monthly rent₹ 2,30,000

Rent after escalation₹ 2,41,500

Monthly rent details

You will earn a monthly rental income of ₹ 2,30,000. The rent will escalate by 5% every 1 years. The rent per sqft paid by the tenant is ₹ 84/sqft.

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₹ 4.50 Cr

Office | Preleased