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Race Course Rd
Commercial Building

Property ID:

RAJCOM0721

Tenant Sector:

Banking

ROI:

1.94%

NET ROI

1.96%

Annual Rent

₹7,20,000

Rent per Super Built-up Area

₹75.95
OTHER DETAILS

Price

₹ 3.72 Cr
Monthly Rent : ₹60,000

Carpet Area

621 sq. ft.

Super Built-up Area

790 sq. ft.
Commercial Building

Purchase price

0.00 Crore
On CarpetOn Super Built-Up

Avg. Rental Yield

7.50%

Price per sq. ft.

-

Financials

Current Net ROI

-

IRR

8.49%

Investment Multiple

1.00

Total Equity Investment

₹3,79,69,000

Purchase Price

₹ 0.00 Crore

Appreciation

0%

Down Payment

100%

Loan Period (in years)

10 years

Interest Rate (p.a.)

0%
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Description

Ready possession Pre leased nationalise bank Building : pride empireLocation : race course ring road near union bank Floor : ground Tenant : muthoot financeCarpet : 621 1 showrooms Size : 14.8* 42 approx  Rent 214 per sqft (tentative) Basic rent : 1,32,000/- per month (approx)Lease : 15 years Deposit : 3rents Increment: 10% every 3years Extra charges Corporation tax : to be paid onwerOne time Maintenance : 700rs per sqft

Lease Agreement Terms

  • Tenant Type:

    Banking

  • Lease tenure:

    15 years

  • Lockin Period:

    3 years

  • Rent Escalation:

    10% every 3 years

  • Security Deposit:

    ₹1,80,000(3 Months)

  • Property Tax Paid By:

    Owner

  • Maintenance Cost Paid By:

    Owner

Lease Timeline

Lease Start Date:

2025-07-01

Lockin End Date:

2028-07-01

Lease End Date:

2040-06-30
MonthlyAnnually

Monthly Rent

₹60,000

Ending Monthly Rent

-
On CarpetOn Super Built-Up

Rent per sq. ft.

₹97

Price per sq. ft.

-

Pricing

Purchase price

Purchase Price:

₹0

Reg. + Stamp Duty:

-

Brokerage Charges:

₹0

Total Investment:

₹0

Financial Model

DownloadROI Model

Reply To The Listing

₹ 3.72 Cr

Commercial Building

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