"Prestige Shantiniketan,a townscape placed in one of the most envied areas in the city - Whitefield. Filled with 105 acres of fresh, green spaces, it is a haven that promises to offer you the best in cosmopolitan lifestyles. From an expansive residential precinct, the Business Center to the Forum Mall, a world-class convention center and a five-screen multiplex- all this exquisitely designed and laid out amidst rolling greens.
Here is an opportunity to become the owner of an office space in one of the most prestigeous IT parks in Bangalore.Office space is out for sale in Prestige Shantiniketan with total sqft of 30000 in the fifth floor.The quoted price is Rs.6750 per sqft and an additional 5 lakh each for 30 car parkings.The property is UDS and semi furnished.The office space is tenanted by NETROGEN and are paying a monthly rent of Rs.40 per sqft with a steady ROI of 7.20%.The lease is initiated for 10 years with a lock in period of 3 years.
Property Type: Commercial Office space
Saleable area: 30,000 sqft
Price per sqft: Rs. 6,750/- per sqft
Total Price: 21.75 Cr. (Inclusive 30 car parks)
Monthly rent: 40 per sqft
ROI is 7.20 %,
Escalation: 15% every 3 years