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Commercial Office space Nehru Place

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