Preleased
Bank in Pune
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Bank
Preleased

₹ 8.00 Cr

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Pune, Koregaon Park

Carpet Area: 2,050 sq. ft.
Built-up: 2,690 sq. ft.

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

Earn monthly rental income of ₹ 3,00,000
Your Purchase price
₹ 8.00 Cr

Avg. Rental Yield

5.30%

Price per sq. ft.

₹ 39,024

Lease details

Tenant is one of India’s fastest growing private sector banks with an expanding presence across the country. It currently services over 9.63 million customers through a network of 429 branches; 1,365 business correspondent branches (of which 260 banking outlets) and 412 ATMs spread across 28 Indian states and Union Territories.

Tenant Background

Nationalized Bank
Lease tenure

9 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 3,00,000
₹ 3,45,000

You will earn a monthly rental income of ₹ 3,00,000. The rent will escalate by 15% every 3 years. The rent per sqft paid by the tenant is ₹ 112/sqft.

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₹ 8.00 Cr
Bank | Preleased