Bank For Sale and Investment in Mumbai

Preleased

Bank in Mumbai

Bank

Preleased

₹ 10.00 Cr

Click here to get loans up to ₹ 6.00 Cr!

Mumbai, Masjid Bandar

Carpet Area: 3,502 sq. ft.

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

Earn monthly rental income of ₹ 4,48,256

Your Purchase price

₹ 10.00 Cr

Avg. Rental Yield

7.15%

Price per sq. ft.

₹ 28,555

Building Information

Lease Details

Pricing

Financials

Building information

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

Year built

2012

Why to invest?

1Houses numerous major corporations including Vodafone, TATA, L’Oreal, Accenture, and Citibank

2This business centre offers one of the most prestigious corporate addresses in Central Mumbai

3Hotel : St Regis (5 Stars) - 1 KM, Restaurant : Grapevine - 0.5 KM

Lease details

Founded in Karnataka today this Bank has become one of the biggest banks in India serving over 10.50 cr customers and having 10416 branches and 13452 ATMs all across India.

Tenant Background

Nationalize Bank

Lease tenure

10 years

Lockin Period

0 years

Rent Escalation

33% every 5 years

Lease Timeline

Lease Start Date

November 2017

Lockin End Date

November 2017

Lease End Date

October 2027

Current monthly rent₹ 4,48,256

Monthly rent details

You will earn a monthly rental income of ₹ 4,48,256. The rent will escalate by 33% every 5 years.

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₹ 10.00 Cr

Bank | Preleased