💬 About this property
A flat of 1289 square feet is offered for resale in Urbana Business Park. The asking price is ₹15,900,000. The property is listed by an agent.
The listing states the space is pre-rented. The current rent is ₹86.25 per square foot. The lease commenced on 15 July 2022 and runs for 15 years, with a 5-year lock-in period. The deposit equals three months of rent at ₹75 per square foot. The lease includes an escalation of 15% every three years. The return is stated as 6.50%.
Listing details
Type: Flat / Apartment
Size: 1289 sqft
Price: ₹1.59 Cr
Listed by: Amol Yadav
From the dealer's note
Pre-rented Office Space For Sale. Building:-Urbana Business Park. Total Area - 20000sqft. Available for sale - 1289.26sqft. Rent - 86.25 per sqft. Lease commencement - 15 July 2022. Deposit - 3 months rent (@75 rs per sqft). Lock in period - 5 years. Lease period - 15 years. Escalation - 15% after every three years. ROI- 6.50%. Price- 15900. Call For More Details. Amol Yadav.
