Preleased
Office in Noida
Preleased Office in  Sector-62, Noida
Office
Preleased

₹ 4.50 Cr

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Noida, Sector-62

Carpet Area: 1,887 sq. ft.
Built-up: 3,145 sq. ft.

This commercial property is situated in Sector-62, Noida. The property is leased out to a well renowned Banking and generates a monthly rental income... view more

Earn monthly rental income of ₹ 1,88,750
Your Purchase price
₹ 4.50 Cr

Avg. Rental Yield

5.83%

Price per sq. ft.

₹ 23,847

Building information

Correnthum iThum is an IT/ITeS building in Sector 62, Noida. Metro connectivity is approx. 8 km away at Noida City Centre. There are 5-star hotels as well as malls and hospitals within a 3-5 km radius and good connectivity by road and metro to all the major micro-markets of Delhi NCR.

Lease details

The Tenant is a wholly-owned subsidiary of SBI Capital Markets Ltd and a part of India’s largest and most trusted banking conglomerate, the State Bank Group. Backed by the proud SBI lineage, today, stand synonymous with trust and reliability when offering investment solutions to investors across categories.

Tenant Background

Banking
Lease tenure

9 years
Lockin Period

3 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 1,88,750
₹ 2,17,063

You will earn a monthly rental income of ₹ 1,88,750. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 60/sqft.

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₹ 4.50 Cr
Office | Preleased