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₹ 5.25 Cr

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Pune, Koregaon Park

Carpet Area: 2,800 sq. ft.

Built-up: 3,640 sq. ft.

This commercial property is situated in Koregaon Park, Pune. The property is leased out to a well renowned Furniture company and generates a monthly r... view more

Earn monthly rental income of ₹ 2,75,000

Your Purchase price

₹ 5.25 Cr

Avg. Rental Yield

7.11%

Price per sq. ft.

₹ 18,750

Lease Details

Pricing

Financials

Lease details

Established in 2005, Tenant has steadily emerged as a name synonymous worldwide for providing complete outdoor solutions with bespoke high quality and international designs.

Tenant Background

Furniture company

Lease tenure

5 years

Lockin Period

3 years

Rent Escalation

5% every 1 years

Lease Timeline

Lease Start Date

November 2021

Lockin End Date

November 2024

Lease End Date

October 2026

Current monthly rent₹ 2,75,000

Rent after escalation₹ 2,88,750

Monthly rent details

You will earn a monthly rental income of ₹ 2,75,000. The rent will escalate by 5% every 1 years. The rent per sqft paid by the tenant is ₹ 76/sqft.

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₹ 5.25 Cr

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