Preleased
Bank in Noida
Preleased Bank in Greater Noida, Noida
Bank
Preleased

₹ 3.90 Cr

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Noida, Greater Noida

Carpet Area: 600 sq. ft.
Built-up: 1,000 sq. ft.

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

Earn monthly rental income of ₹ 1,27,826
Your Purchase price
₹ 3.90 Cr

Avg. Rental Yield

5.24%

Price per sq. ft.

₹ 65,000

Lease details

The Tenant is an Indian Private Sector Bank that is owned by IDFC, an integrated infrastructure finance company. The bank started operations on 1 October 2015, after receiving a universal banking licence from the Reserve Bank of India in July 2015. It is listed on BSE and NSE.

Tenant Background

Banking
Lease tenure

12 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 1,27,826
₹ 1,47,000

You will earn a monthly rental income of ₹ 1,27,826. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 128/sqft.

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₹ 3.90 Cr
Bank | Preleased