Preleased
Bank in Mumbai
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Bank
Preleased

₹ 8.40 Cr

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Mumbai, Andheri East

Carpet Area: 2,039 sq. ft.
Built-up: 3,415 sq. ft.

This commercial property is situated in Andheri East, Mumbai. The property is leased out to a well renowned Nationalised bank and generates a monthly ... view more

Earn monthly rental income of ₹ 3,40,000
Your Purchase price
₹ 8.40 Cr

Avg. Rental Yield

5.45%

Price per sq. ft.

₹ 41,197

Lease details

Tenant is a nationalised bank founded over 100 years ago, which is under the purview of Ministry Of Finance, India. This bank currently has more than 5000 branches across India with revenue of more than $6.9B. It is also present in more than 18 foreign countries.

Tenant Background

Nationalised bank
Lease tenure

10 years
Lockin Period

5 years

Rent Escalation

12% every 3 years
Lease Timeline
₹ 3,40,000
₹ 3,80,799

You will earn a monthly rental income of ₹ 3,40,000. The rent will escalate by 12% every 3 years. The rent per sqft paid by the tenant is ₹ 100/sqft.

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₹ 8.40 Cr
Bank | Preleased