Preleased
Office in Mumbai
Preleased Office in Lower Parel, Mumbai
Office
Preleased

₹ 39.02 Cr

Click here to get loans up to ₹ 23.41 Cr!

Mumbai, Lower Parel

Carpet Area: 10,047 sq. ft.
Built-up: 15,607 sq. ft.

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

Earn monthly rental income of ₹ 35,11,575
Your Purchase price
₹ 39.02 Cr

Avg. Rental Yield

10.80%

Price per sq. ft.

₹ 38,835

Building information

Located at the Senapati Bapat Marg–Ganpatrao Kadam Marg junction, it has three buildings: Tower A, Tower B, and Cipla Tower.

Why to invest?

Lease details

It is a multinational bank situated in 38 countries providing financial products and services to a wide range of clients, including individuals, small and medium-sized enterprises, large corporations, financial institutions and public sector entities. Its headquarters office building is located in the Otemachi district of Chiyoda, Tokyo.

Tenant Background

Bank
Lease tenure

8 years
Lockin Period

2 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 35,11,575

You will earn a monthly rental income of ₹ 35,11,575. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 225/sqft.

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₹ 39.02 Cr
Office | Preleased