Commercial Office space Nehru Place
Office space for Rent Nehru Place
|Status||Fully furnished Office|
|Area (sq. ft.)||17000 sq. ft.|
|Deposit||6 months Rental|
|Lease term||3+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 AGREMENT AND DISCUSSION
Commercial Office space for rent – Nehru Place