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₹ 2.40 Cr

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Mumbai, Girgaon

Carpet Area: 300 sq. ft.

This commercial property is situated in Girgaon, Mumbai. The property is leased out to a well renowned Retail Chain Store and generates a monthly rent... view more

Earn monthly rental income of ₹ 89,100
Your Purchase price
₹ 2.40 Cr

Avg. Rental Yield

4.46%

Price per sq. ft.

₹ 80,000

Lease details

The tenant is an Indian retail corporation that operates a chain of hypermarkets in India. It was founded by Radhakishan Damani in 2002, with its first branch in Powai's Hiranandani Gardens.

Tenant Background

Retail Chain Store
Lease tenure

5 years
Lockin Period

2 years

Rent Escalation

10% every 3 years
Lease Timeline
₹ 89,100

You will earn a monthly rental income of ₹ 89,100. The rent will escalate by 10% every 3 years.

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