Preleased
Bank in Noida
Preleased Bank in Indirapuram, Noida
Bank
Preleased

₹ 3.50 Cr

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Noida, Indirapuram

Carpet Area: 1,506 sq. ft.
Built-up: 2,170 sq. ft.

This commercial property is situated in Indirapuram, Noida. The property is leased out to a well renowned Insurance Company and generates a monthly re... view more

Earn monthly rental income of ₹ 1,44,000
Your Purchase price
₹ 3.50 Cr

Avg. Rental Yield

5.71%

Price per sq. ft.

₹ 23,240

Lease details

The tenant is a long-term life insurance provider with its headquarters in Mumbai, offering individual and group insurance services and incorporated on 14 August 2000

Tenant Background

Insurance Company
Lease tenure

9 years
Lockin Period

2 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 1,44,000
₹ 1,65,600

You will earn a monthly rental income of ₹ 1,44,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 66/sqft.

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₹ 3.50 Cr
Bank | Preleased