Preleased
Bank in Mumbai
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Bank
Preleased

₹ 14.50 Cr

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Mumbai, Borivali West

Carpet Area: 1,904 sq. ft.

This commercial property is situated in Borivali West, Mumbai. The property is leased out to a well renowned Nationalize Bank and generates a monthly ... view more

Earn monthly rental income of ₹ 5,25,000
Your Purchase price
₹ 14.50 Cr

Avg. Rental Yield

4.67%

Price per sq. ft.

₹ 76,155

Lease details

It is a major Indian nationalized bank. It is under the ownership of Ministry of Finance, Government of India based in Tamilnadu, India, with about 3,400 domestic branches, about 6 foreign branches and representative office.

Tenant Background

Nationalize Bank
Lease tenure

10 years
Lockin Period

3 years

Rent Escalation

15% every 5 years
Lease Timeline
₹ 5,25,000
₹ 6,03,750

You will earn a monthly rental income of ₹ 5,25,000. The rent will escalate by 15% every 5 years.

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₹ 14.50 Cr
Bank | Preleased