35 Crescent Bay

35 Crescent Bay | Building For Lease in baner-balewadi

• Project Details:

  • Type: Proposed Office
  • Total Saleable Area: 18,737 sq. ft.
  • Carpet Area: 15,555 sq. ft.
  • Total Building Floors: Basement + Ground + 4 Floors + Terrace
  • Status of the Project: Under construction (To be ready by August 2024)
  • Target Tenants: IT/ITES Companies

• Financial Details:

  • Rent: INR 16 Lakhs per month
  • Interest-Free Security Deposit: 6 months
  • Maintenance: Included in base rent
  • Car Parking:
    • Number of Car Parking Spaces: 33
    • Charges per Car/Month: Included in base rent
  • Two Wheeler Parking:
    • Number of Two Wheeler Parking Spaces: To be determined
    • Charges per Two Wheeler/Month: Included in base rent
  • Escalation: 18% every year on rent
  • Tenure: 60 months
  • Lock-In Period: 36 months

• Additional Costs:

  • Stamp Duty & Registration: To be borne by the Licensee
  • Property Taxes: To be borne by the Licensor
  • Goods & Service Tax (GST): 18%

• Special Note:

  • 5th Floor has the First Right of Refusal for occupants once it is sanctioned.
  • Subject to availability.

This information provides a comprehensive overview of the proposed commercial property, its financial aspects, and special considerations. If you need further assistance or analysis, feel free to ask!