Preleased
Bank in Noida
Preleased Bank in Sector 132, Noida
Bank
Preleased

₹ 15.00 Cr

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Noida, Sector 132

Carpet Area: 8,670 sq. ft.
Built-up: 14,450 sq. ft.

This commercial property is situated in Sector 132, Noida, Noida. The property is leased out to a well renowned Bank and generates a monthly rental in... view more

Earn monthly rental income of ₹ 7,94,000
Your Purchase price
₹ 15.00 Cr

Avg. Rental Yield

7.85%

Price per sq. ft.

₹ 17,301

Building information

Express Trade Tower is an IT/ITeS building in Sector 132, Greater Noida. Metro connectivity is approx. 9 km away via Botanical Garden Metro Station. There are 5-star hotels as well as malls and hospitals within an 8-10 km radius and good connectivity by road and metro to all the major micro-markets of Delhi NCR.

Lease details

Tenant is founded in 1997 to finance infrastructure, focusing primarily on project finance and mobilization of capital for private sector infrastructure development. Following this, the tenant divested its infrastructure finance assets and liabilities to a new entity through demerger.

Tenant Background

Bank
Lease tenure

9 years
Lockin Period

3 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 7,94,000
₹ 9,13,100

You will earn a monthly rental income of ₹ 7,94,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 55/sqft.

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₹ 15.00 Cr
Bank | Preleased