Investment
Investment
Ratnaakar Nine Square
Mansi Cross Road, opp. Keshavbaug Party, Judges Bunglow Rd, Vastrapur, Ahmedabad, Gujarat 380015, Ahmedabad, Gujarat
Price - Rs.15000 Per Sqft
BUILDING DETAILS
This is a listing for a pre-leased showroom property located at Nyay Marg, Vastrapur, Ahmedabad, offered by City Estate Management. The property is currently leased to IDFC First Bank, a private sector Indian banking company. It is situated on the second floor and is north-facing. The showroom has a super built-up area of 2407 sq. ft., with a carpet area of 1290 sq. ft. The monthly rental income from this property is INR 1,42,000, with a 15% rent escalation every 3 years. The security deposit held is INR 7,59,840, and the lease period spans 9 years, from 01 June 2020 to 31 May 2029. The return on investment (ROI) is 4%, based on a total investment amount of INR 3.61 crore. Maintenance and municipal property tax obligations are handled by the lessor, while GST is paid by the lessee. This property is positioned as a stable, income-generating asset with a reputable banking tenant and long-term lease commitment.
Lease Period: 9 Years
Escalation: 3 Years
Lock-In Period: NA
Yield Per Annum: 4%
Last Updated: 21-August-2025
Year Of Construction: 06-April-2019
AMENITIES
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Wifi -
Meeting Room -
Visitors Lounge -
2 Wheeler Parking -
4 Wheeler Parking -
Power Backup -
Cafeteria -
Printer -
Storage Space -
AC -
Lift -
Pantry Area -
Visitors Parking -
Tea & Coffee -
Courier Handling