Property Description
This is a pre-leased commercial shop for sale in Andheri West, Mumbai, near Versova Telephone Exchange. The property comprises a ground plus one-storey commercial structure with a total stated size of 3,914 sq. ft., including 2,039 sq. ft. of carpet area on the ground floor and 1,875 sq. ft. of area on the first floor. It also includes an additional 1,100 sq. ft. multi-purpose open space on the ground floor.
Property Details
- Located near Versova Telephone Exchange in Andheri West, Mumbai
- Configured as a ground plus one-storey commercial structure
- Total stated property size is 3,914 sq. ft.
- Ground-floor carpet area measures 2,039 sq. ft.
- First-floor area measures 1,875 sq. ft.
- Additional 1,100 sq. ft. multi-purpose open space is available on the ground floor
- Includes four car parks
- The property was constructed and possession was given in 2016
- Located on a MAHADA plot that was self-developed by a group of members
- Currently leased to branded retail chain companies
Lease and Terms
- Lease period is from 20 December 2024 to 19 December 2029
- The lease term is five years with a 14-month lock-in period
- The lease includes a 15% increment after three years
- Maintenance cost and property tax are paid by the owner
For site visit or more details, contact AV Properties.
