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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
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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.
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Rental Terms and Deal Details:
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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)
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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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