💬 About this property
A 1289.26 square foot office space is available for direct sale in Urbana Business Park, Mohali. The property is pre-rented with a lease that commenced on 15 July 2022. The lease period is 15 years with a 5-year lock-in period. Rent is ₹86.25 per square foot, with a 15% escalation every three years. The asking price is ₹1,59,00,000.
The listing states the property has a security deposit equivalent to 3 months' rent at ₹75 per square foot. The dealer mentions a return on investment of 6.50%.
Listing details
Type: Flat / Apartment
Size: 1289 sqft
Location: Mohali
Price: ₹15.9 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.
