Commercial Building for Sale in Bhiwandi

Commercial Building for Sale in Bhiwandi
(2 nos)

At Bhiwandi, Mumbai
Commercial Building
For {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.
At Opp. Upcoming Metro Station, Bhiwandi, Mumbai
Commercial Building
For {Sale} | Pre Lease

Sale, Pre Leased 2200sqm Building in Bhiwandi, Leased to Int. School.

₹ 32.00 Cr
2200 Sq-m 
Bhiwandi,
Pre Leased Commercial Building of 2200 sq.m. Plot Area available for Sale. Leased to an International School. Built-up Area: 26,000 sq. ft. (Ground to 4th floor) + 18,000 sq. ft. (Swimming pool & Kids' play area) Lease Period: 30 Years, with 15% Rental Increments every 3 years (next Increment in June 2027). Current Rental Income: ₹16.5 Lakhs per month Projected Additional Rental Income: Upon construction of the remaining 33,000 sq. ft. FSI, the school will rent the space at an additional ₹16.5 Lakhs per month (Expected Rent). Located in Bhiwandi, Opp. Upcoming Metro Station. Sale Price- 32 Cr.