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

₹ 8.50 Cr

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Mumbai, Lower Parel

Carpet Area: 2,300 sq. ft.
Built-up: 2,903 sq. ft.

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

Earn monthly rental income of ₹ 5,00,000
Your Purchase price
₹ 8.50 Cr

Avg. Rental Yield

7.48%

Price per sq. ft.

₹ 36,957

Building information

It is an iconic high rise building in Lower Parel.

Why to invest?

Lease details

Tenant Background

Financial Services
Lease tenure

5 years
Lockin Period

3 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 5,00,000
₹ 5,75,000

You will earn a monthly rental income of ₹ 5,00,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 172/sqft.

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₹ 8.50 Cr
Office | Preleased