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Bank

Preleased

₹ 8.88 Cr

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Navi Mumbai, Panvel

Carpet Area: 2,466 sq. ft.

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

Earn monthly rental income of ₹ 3,89,000

Your Purchase price

₹ 8.88 Cr

Avg. Rental Yield

5.92%

Price per sq. ft.

₹ 36,000

Lease Details

Pricing

Financials

Lease details

Tenant Background

Nationalize Bank

Lease tenure

10 years

Lockin Period

0 years

Rent Escalation

25% every 5 years

Lease Timeline

Lease Start Date

January 2022

Lockin End Date

January 2022

Lease End Date

January 2032

Current monthly rent₹ 3,89,000

Rent after escalation₹ 4,86,250

Monthly rent details

You will earn a monthly rental income of ₹ 3,89,000. The rent will escalate by 25% every 5 years.

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₹ 8.88 Cr

Bank | Preleased