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Bank

Preleased

₹ 12.00 Cr

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Mumbai, Santacruz

Carpet Area: 1,300 sq. ft.

Built-up: 1,503 sq. ft.

This commercial property is situated in Santacruz, Mumbai. The property is leased out to a well renowned Scheduled Bank and generates a monthly rental... view more

Earn monthly rental income of ₹ 6,39,450

Your Purchase price

₹ 12.00 Cr

Avg. Rental Yield

6.72%

Price per sq. ft.

₹ 92,308

Lease Details

Pricing

Financials

Lease details

Tenant s one of the oldest and leading scheduled bank

Tenant Background

Scheduled Bank

Lease tenure

5 years

Lockin Period

4 years

Rent Escalation

5% every 1 years

Lease Timeline

Lease Start Date

March 2020

Lockin End Date

March 2024

Lease End Date

March 2025

Current monthly rent₹ 6,39,450

Rent after escalation₹ 6,71,423

Monthly rent details

You will earn a monthly rental income of ₹ 6,39,450. The rent will escalate by 5% every 1 years. The rent per sqft paid by the tenant is ₹ 425/sqft.

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₹ 12.00 Cr

Bank | Preleased