Investment
Investment
Shilp Business Gateway
Chharodi,SG Highway ,Ahmedabad, Ahmedabad, Gujarat
Price - Rs.21500 Per Sqft
BUILDING DETAILS
This is a listing for a pre-leased showroom located at SG Highway, Chharodi, Ahmedabad, offered by City Estate Management. The property is leased to Westside, a well-known fashion retail brand under the Tata Group. It is situated on the ground floor, in a bearshell condition (bare structure without interiors), and is west-facing. The total super built-up area is 2526 sq. ft. The monthly rental income is INR 1,97,028, calculated at a rate of INR 78 per sq. ft., with a 15% rent escalation every 3 years. The lease period is a long-term 25-year agreement, which includes a 3-year lock-in period, providing substantial lease security. A security deposit of INR 11,82,168 (equivalent to 6 months' rent) is in place. The lessor (property owner) is responsible for society maintenance, while the lessee (tenant) pays for municipal property tax and GST as applicable. The total investment required to purchase this property is INR 5.43 crore, and the ROI (Return on Investment) is listed at 4.5% per annum. As with similar listings, stamp duty, registration charges, and transfer fees are to be paid by the buyer, in addition to the investment amount. A brokerage fee of 1% + GST is also applicable.
Lease Period: 25 Years
Escalation: 3 Years
Lock-In Period: 3
Yield Per Annum: 4.5
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