Commercial Details
Lease tenure [in years]
5 Years
Lock in Period [in years]
3 Years
Notice period for termination
6 Months post lock-in period
Quoted rental rates [INR/SF/month]
INR 65.00*
USD 0.85*
Quoted rental rates [INR/SF/month]
INR 7.00*
USD 0.09*
Car park charges [INR/Slot/month]
INR 3500* Per car per month & INR 800* Per bike per month
USD 45.89* Per car per month & USD 10.49* Per bike per month
Rent escalation
7% per annum
Security deposit [IFRSD]
9 months rentals
Taxes
Property-related taxes –Lessor's scope; Business-related taxes Lesses scope
Other charges
Utility charges applicable - Grid Power (EB), Back up power (DG), Water, Chilled water/Air con charges