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We are constructing a beautiful building on Jeevan Bima Nagar Road. The first two floors is retail and we are looking at giving it out on rent. The details are as under

  • Ground Floor of 1645 sqft
  • First Floor of 1800 sqft.
  • The floors have a common staircase as well as internal staircase.
  • Automatic Kone 6 passenger SS lift with safety rescue device.
  • Common area to have power backup Full.
  • Provision to make toilets in both the floors.
  • Flat Slab and Beamless design.
  • Property to be ready by September end- October end for fit outs. Full Delivery by November
  • The upper two floors will be our own office.
  • Required power can be provided.
  • Beautiful tree right in front giving the space a soothing feel.

 

Rental Terms and Deal Details:

  • Ground floor rent Rs. 70/- per sqft
  • First Floor at Rs. 60/- per sqft
  • Preference for a single party for both the floors
  • 10 Months rental advance.
  • 3 year minimum lease period. Can be looked into for a longer lease duration.
  • 7% rental escalation every year.
  • Maintenance will come around 5.5/- rupees per sqft.( 24 hours security for the building)

About the location

  • I have attached some of the photos of prominent establishments giving an idea about the locality.
  • Jeevan Bima Road caters to the whole of Tippasandra, CV raman nagar and Jeevan Bima nagar. Location houses many IT companies and their employees.
  • The road is used by people commuting from Whitefield, GM pallya, Kagdaspura , Marathali and beyond to come to indiranagar or to travel to MG road.
  • A Strong Middle class and Upper middle class audience resides or commutes through this location.

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