PRE-LEASED SCHOOL FOR SALE(PUNE)

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Realty Junction

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Oct 6, 2011, 4:03:14 PM10/6/11

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Dear Associates,

We have an Institutional Building(rented to an extremely reputed school) available for sale in prime location of Pune(Kharadi).

Brief Specifications

Plot Area: 1,15,000 Sqft;

Builtup Area: 1,28,000 Sqft;

Lease period: 45 Years;

Lockin period: 18years(from the date of commencement of Lease- 1st June 2011);

Interest free refundable security deposit: Rs.2.5 Cr.;

Rental Details:

Total Monthly Rent- 35.2 Lacs
1st June 2011 to 31st May 2014- Rs. 27.50 per month per sq ft
1st June 2014 to 31st May 2016- Rs. 30.25 per month per sq ft
Rent escalation after 31st May 2016- Every 3 years, there shall be a 10% escalation in the lease rent over the last paid rent;

Expected Valuation: 45 Cr.(Slightly Negotiable)

Best regards

-----------

SUDHIT SETHI

Director

REALTY JUNCTION

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EMAIL sud...@realtyjunction.co.in