Preleased
Bank in Mumbai
Preleased Bank in Kanjurmarg, Mumbai
Bank
Preleased

₹ 12.00 Cr

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Mumbai, Kanjurmarg

Carpet Area: 1,685 sq. ft.

This commercial property is situated in Kanjurmarg, Mumbai. The property is leased out to a well renowned Bank and generates a monthly rental income o... view more

Earn monthly rental income of ₹ 5,40,000
Your Purchase price
₹ 12.00 Cr

Avg. Rental Yield

6.27%

Price per sq. ft.

₹ 71,217

Lease details

Tenant is a new-generation Indian bank headquartered in Pune. The bank offers commercial, transactional and electronic banking products and services. It was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh.

Tenant Background

Bank
Lease tenure

9 years
Lockin Period

1 years

Rent Escalation

12% every 3 years
Lease Timeline
₹ 5,40,000
₹ 6,04,800

You will earn a monthly rental income of ₹ 5,40,000. The rent will escalate by 12% every 3 years.

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₹ 12.00 Cr
Bank | Preleased