Investment
Investment
A.Shridhar ATHENS
Shivranjani Cross Rd, Nehru Nagar, Ambawadi, Ahmedabad, Gujarat 380015, Ahmedabad, Gujarat
Price - Rs.10506 Per Sqft
BUILDING DETAILS
This listing is for a pre-leased office space located at Jhansi ki Rani Marg, Nehrunagar, Ahmedabad, offered by City Estate Management. The office is leased to an IT company and is situated on the sixth floor of a furnished, west-facing building. The property has a super built-up area of 6948 sq. ft. and a carpet area of 3655 sq. ft. The monthly rental income is INR 3,47,400, with a 15% rent escalation every 3 years. The lease is for 9 years, which includes a 3-year lock-in period, providing long-term rental security. The security deposit is INR 10,42,200. All recurring expenses, including society maintenance, municipal property tax, and GST, are to be paid by the lessee, ensuring that the investor’s returns are not reduced by ongoing operational costs. The total investment required for this property is INR 7.3 crore, and the return on investment (ROI) is stated at 5.7% per annum. Additional costs like stamp duty, registration charges, and transfer fee are payable by the buyer over and above the quoted investment amount. The broker also charges 1% + GST on the investment amount.
Lease Period: 9 Years
Escalation: 3 Years
Lock-In Period: 3
Yield Per Annum: 5.7
Last Updated: 21-August-2025
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