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Bank

Preleased

₹ 3.50 Cr

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Navi Mumbai, Panvel

Carpet Area: 1,500 sq. ft.

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

Earn monthly rental income of ₹ 1,50,000

Your Purchase price

₹ 3.50 Cr

Avg. Rental Yield

5.79%

Price per sq. ft.

₹ 23,333

Lease Details

Pricing

Financials

Lease details

Tenant is a public sector bank headquartered in Delhi. It's the second largest government owned bank.

Tenant Background

Nationalised Bank

Lease tenure

10 years

Lockin Period

0 years

Rent Escalation

25% every 5 years

Lease Timeline

Lease Start Date

August 2022

Lockin End Date

August 2022

Lease End Date

August 2032

Current monthly rent₹ 1,50,000

Rent after escalation₹ 1,87,500

Monthly rent details

You will earn a monthly rental income of ₹ 1,50,000. The rent will escalate by 25% every 5 years.

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₹ 3.50 Cr

Bank | Preleased