Loan against rent generating commercial property required

By Kishore
Posted On: 04 / Mar / 2023
0 576

Deal Details

Annual

Deal Type

Debt Finance
Maximum Loan

Industry

Commercial Real Estate
Charge

Deal Status

Active

Deal Description

The commercial property is a shopping complex with 2+1 (ground, first floor and terrace). Total carpet area is about 3200sq.ft. and built up area is 4400 sq.ft. The shopping centre is fully occupied and consists of about 32 shops. Total rent received is Rs. 1.8 lakhs per month. Total value of the property is about Rs. 32 cr. 

The property is in the name of the Promoter. The funds will be utilised to carry out expansion of existing warehouse owned by the promoter. Total amount required is Rs. 18cr.

No Files Attached

Deal Value
₹ 18 Crore
Targeted Region
Asia Pacific

Revenue

2019-20
Undisclosed
2020-21
Undisclosed
2021-22
Undisclosed
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