Preleased
Bank in Noida
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Bank
Preleased

₹ 5.25 Cr

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Noida, Ghaziabad

Carpet Area: 1,400 sq. ft.
Built-up: 2,333 sq. ft.

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

Earn monthly rental income of ₹ 1,75,000
Your Purchase price
₹ 5.25 Cr

Avg. Rental Yield

4.78%

Price per sq. ft.

₹ 37,500

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

12 years
Lockin Period

0 years

Rent Escalation

12% every 3 years
Lease Timeline
₹ 1,75,000
₹ 1,96,000

You will earn a monthly rental income of ₹ 1,75,000. The rent will escalate by 12% every 3 years. The rent per sqft paid by the tenant is ₹ 75/sqft.

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₹ 5.25 Cr
Bank | Preleased