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This commercial property is situated in Lower Parel, Mumbai. The property is leased out to a well renowned Bank and gene... View more
This commercial property is situated in Lower Parel, Mumbai. The property is leased out to a well renowned Bank and generates a monthly rental income of Rs. 26,55,255. The total lease tenure is of 8 years, starting from 2015 with a rent escalation of 15% every 3 years. This property is priced at Rs. 39,01,75,000 and will fetch you an average rental yield of 10.80%!
10.80%
10,047 sq. ft.
8 years
15,607 sq. ft.
Purchase price
₹39.02 Cr
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Avg. Rental Yield
100%
Avg. Rental Yield
100%
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