Preleased
Bank in Mumbai
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Bank
Preleased

₹ 10.78 Cr

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Mumbai, Churchgate

Carpet Area: 1,535 sq. ft.

This commercial property is situated in Churchgate, Mumbai. The property is leased out to a well renowned Privatized Bank and generates a monthly ren... view more

Earn monthly rental income of ₹ 5,35,000
Your Purchase price
₹ 10.78 Cr

Avg. Rental Yield

7.01%

Price per sq. ft.

₹ 70,239

Lease details

It is an Indian private sector bank headquartered in Mumbai and founded in 1943. It offers services across six verticals: corporate and institutional banking, commercial banking, branch and business banking, retail assets, development banking and financial inclusion, treasury and financial market operations

Tenant Background

Privatized Bank
Lease tenure

9 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 5,35,000
₹ 6,15,250

You will earn a monthly rental income of ₹ 5,35,000. The rent will escalate by 15% every 3 years.

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₹ 10.78 Cr
Bank | Preleased