Preleased
Bank in Noida
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Bank
Preleased

₹ 11.50 Cr

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Noida, Indirapuram

Carpet Area: 2,010 sq. ft.
Built-up: 3,350 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 ₹ 4,20,202
Your Purchase price
₹ 11.50 Cr

Avg. Rental Yield

5.16%

Price per sq. ft.

₹ 57,214

Lease details

The tenant is a new-generation Indian bank headquartered in Mumbai. The bank offers commercial, transactional and electronic banking products and services. It was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh.

Tenant Background

Indian Bank
Lease tenure

9 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 4,20,202
₹ 4,83,232

You will earn a monthly rental income of ₹ 4,20,202. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 125/sqft.

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₹ 11.50 Cr
Bank | Preleased