Preleased
Bank in Thane
Preleased Bank in Bhiwandi, Thane
Bank
Preleased

₹ 1.90 Cr

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Thane, Bhiwandi

Carpet Area: 1,158 sq. ft.

This commercial property is situated in Bhiwandi, Thane. The property is leased out to a well renowned Privatized Bank and generates a monthly rental ... view more

Earn monthly rental income of ₹ 70,213
Your Purchase price
₹ 1.90 Cr

Avg. Rental Yield

4.93%

Price per sq. ft.

₹ 16,408

Lease details

Tenant is an Indian banking and financial services company, headquartered in Mumbai, Maharashtra. They're India's largest private sector bank by assets and by market capitalization as of April 2021. It is the third largest company by market capitalization on the Indian stock exchanges.

Tenant Background

Privatized Bank
Lease tenure

9 years
Lockin Period

0 years

Rent Escalation

15% every 3 years
Lease Timeline
₹ 70,213
₹ 80,745

You will earn a monthly rental income of ₹ 70,213. The rent will escalate by 15% every 3 years.

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₹ 1.90 Cr
Bank | Preleased