Office Space for sale in Lower Parel, Mumbai

30 - 40 crores

Rs 36 cr-Preleased office space for sale at Mumbai

Main Road, Lower Parel, Mumbai - 400013 (Maharashtra)

  • Area: 16800 SqFeet
  • Price: 360,000,000
  • Rate: 21,429 per SqFeet -10%

Description

Mumbai--Preleased office space for sale-At kamal mills, Lower Parel Mumbai Tenant,Times group office,Saleable area 16800 3 cr Interior done by Tenant,Higher floor 4 parking,Lease period 10 years ,Lease started Dec ‘2017 Escalation 5 % every year,Deposit 1.16 cr, Rent 20.32 lakhs per month ,Outright asking 36 CR Can get around 32 CR,Roi 8 % now From Dec 2019,Rent will 21.33 Lakh,Roi will be 9 % Genuine interested parties whatsapp me first .No calling please

When you call, don't forget to mention that you found this ad on PropertyWala.com.

Location

Enlarge Map
* Location is approximate

Price Trends Lower Parel, Mumbai

Office Spaces for sale in Lower Parel, Mumbai

This property is priced approximately -10% under the average for an Office Spaces for sale in Lower Parel, Mumbai (Rs.24113/SqFeet)
* Disclaimer: Data may be approximate.

Locality Reviews Lower Parel, Mumbai

Lower Parel is fast becoming the destination of choice for corporates -Indian as well as Multinationals. Lower parel is strategically located at the junction of western & central suburban train lines making it very convenient for employees to travel. Several new modern buildings have come up in recent years in this area. Lower Parel also offers ample dining options , connectivity & road transport .

Pros:
  • Excellent transport connectivity
  • Ample no. of Dinning options
  • Modern Office buildings
Cons:
  • encroachment of public places
  • traffic conjuction during peak hours

Lower Parel is very well located place at Mumbai. It is near by Malls, Sky Rocketed Towers, Pipe Road connectivity and Central Business District for all the finance giants making this great happening location.

Pros:
  • Best infrastrucutre
  • Financial hub of Mumbai

Lower parel is a prime locality in Mumbai. Five star offices, ultra luxurious residences, and world class malls have changed the look of the locality. It has changed from a place with housing mills to a place considered to be posh in Mumbai. It has excellent connectivity to any part in Mumbai. It is the future of Mumbai's real estate.

Pros:
  • Ultra modern offices
  • Posh residences
  • Phoenix mall
  • Good connectivity to any part in Mumbai
Cons:
  • Traffic jams
  • Expensive