Commercial Office space  Nehru Place

Office space for Rent  Nehru Place

nehru place

LocationNehru Place.
StatusFully furnished Office
Broad Terms
Area (sq. ft.)17000 sq. ft.
Deposit6 months Rental
Lease term3+3+3 years, with initial lock-in for 3 years

Office area – 17000 super areas (approx.)

Floor – First Floor – Road Facing

Rent is 150 Rs per sq ft. (negotiable)

Extra Charges include the following

Complete Power back and AC – 20 Rs per sq ft (optional)

General Maintenance – 4 Rs .PSF.

Car Parking – 10-15 Reserved Car Parking is Available inside the Building premises.

Plus Additional Car parking also Avilable outside as per NDMC parking lot.

MEMORANDUM OF UNDERSTANDING

•              Lease Period      -Nine Years (108 Months)

•              Lock in Period   -Three years (36 Months)

•              Rent Increase -20 % on Last paid Rent after every Three years (36-Months)

•              Security Deposit              -6 Months (Refundable without any interest)

•              Advance Rent    -One month

•              Electricity Load/Water supply- As per requirement is available.

•              Power Backup   – 100% Power Backup is Available at General charges

•              Service Tax         – Borne by Lessee

•              Lease Registration          – Borne by Lessee/Lesser (50-50)

•              Vacating Notice                – Three months (90 Days) advance notice from
Lessee side after Three years lock- in period is end.

•              Possession By Lesser -Immediate

•              At the time O f L.O.I.  -One Month Advance Rent

•              At the time of Agreement S signing-S ix Months Security Deposit

•              Service charges/ brokerage charge is One MONTH rent

ALL TERMS AND CONDITIONS ARE NEGOTIABLE AT MUTUAL PARTY AGREEMENT AND DISCUSSION
Commercial Office space for rent – Nehru Place