Preleased
Bank in Mumbai
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Bank
Preleased

₹ 24.05 Cr

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Mumbai, Opera House

Carpet Area: 5,089 sq. ft.

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

Earn monthly rental income of ₹ 12,02,553
Your Purchase price
₹ 24.05 Cr

Avg. Rental Yield

8.23%

Price per sq. ft.

₹ 47,261

Lease details

Tenant is an Indian Public sector bank headquartered in Delhi, India, it is under the ownership of the Ministry of Finance, government of India. The bank was founded in May 1894 and is the second largest government-owned bank in India

Tenant Background

Nationalize Bank
Lease tenure

20 years
Lockin Period

0 years

Rent Escalation

10% every 3 years
Lease Timeline
₹ 12,02,553
₹ 13,22,808

You will earn a monthly rental income of ₹ 12,02,553. The rent will escalate by 10% every 3 years.

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₹ 24.05 Cr
Bank | Preleased