At
Commercial Building
Sale | Pre Lease
Sale Pre Leased School, on 2200 sqm. Plot, in Bhiwandi.
39.00 Cr
2200 Sq-m
Bhiwandi,
A School for Pre Leased Sale with Ground + 4 Floors Building on a 2200 sq.m. Plot available in Bhiwandi
The plot area is 2,200 sq. meters with a built-up area of 24,000 sq. ft. spread across ground plus four floors.
The campus includes an 18,000 sq. ft. playground and a swimming pool.
The lease term is 30 years with a 30-year lock-in period.
The lease began in 2018, with a rent escalation of 12% every three years.
Current monthly rent is ₹21 lakh, with a 6-month security deposit.
There is a balance FSI of 33,000 sq. ft., with an estimated construction cost of ₹10 crore.
The school is ready to lease the additional built-up area, which can generate an extra ₹9 lakh in monthly rent.
Located in Bhiwandi.
Sale Price- 39 Cr.
Market Value- 48Cr.
Ready Reckoner- 20 Cr.
