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Property Description
This is a commercial property available for sale in Bhiwandi, located close to the upcoming metro station. The property comprises ground to 4th floor areas totaling 26,000 sqft with an additional 18,000 sqft featuring amenities such as a swimming pool and kids play area. It is preleased to a reputed CBSE pattern international school with a 30-year lease period starting from July 2018.
Property Details
- Leased to a reputed international school with a 30-year lease starting July 2018
- Ground to 4th floor area spans 26,000 sqft plus an additional 18,000 sqft for recreational facilities
- Retains 30,000 carpet FSI ready for immediate rent upon construction
- Currently leased at Rs. 18 lakhs per month with a security deposit of Rs. 60 lakhs
- Rental increment of 15% every 3 years, next increment due June 2027
The sale price is Rs. 32 crore, final and non-negotiable. For site visit or more details, contact AV Properties.
Frequently Asked Questions
The sale price for this commercial property in Bhiwandi is Rs. 32 crore.