Sale In Bhiwandi Pre Leased School 4 Stories Building + Plot Of 2200 Sqm. Plot for SALE | Bombay Property

Property ID: 22414

Sale Pre Leased School, on 2200 sqm. Plot, in 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.


       

₹ 39.00 Cr
For Sale
For {Sale} | Pre Lease Commercial Building For {Sale} at Bhiwandi, Mumbai
Plot Area2,200 Sq-m

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