Preleased
Bank in Noida
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Bank
Preleased

₹ 9.00 Cr

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Noida, Indirapuram

Carpet Area: 3,400 sq. ft.
Built-up: 5,170 sq. ft.

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

Earn monthly rental income of ₹ 3,91,950
Your Purchase price
₹ 9.00 Cr

Avg. Rental Yield

7.05%

Price per sq. ft.

₹ 26,471

Lease details

The tenant was formerly known as UTI Bank, is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It sells financial services to large and mid-size companies, SMEs and retail businesses. As of 30 June 2016, 30.81% shares are owned by the promoters and the promoter group.

Tenant Background

Indian Bank
Lease tenure

15 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 3,91,950
₹ 4,50,743

You will earn a monthly rental income of ₹ 3,91,950. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 76/sqft.

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₹ 9.00 Cr
Bank | Preleased