Preleased
Bank in Noida
Preleased Bank in Sector 51, Noida
Bank
Preleased

₹ 24.00 Cr

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Noida, Sector 51

Carpet Area: 4,025 sq. ft.
Built-up: 4,860 sq. ft.

This commercial property is situated in Sector 51, 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 ₹ 6,46,000
Your Purchase price
₹ 24.00 Cr

Avg. Rental Yield

4.64%

Price per sq. ft.

₹ 59,627

Lease details

The tenant 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
₹ 6,46,000
₹ 7,42,900

You will earn a monthly rental income of ₹ 6,46,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 133/sqft.

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₹ 24.00 Cr
Bank | Preleased