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Real Estate & Properties in India
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Other in Fort, Mumbai South
Property Address : Fort, Fort, Mumbai South, Mumbai - 400023
Price: Rs. 21.28 Crore(s)
Price Per Unit: Rs 38846 per sq. ft.
Total Area: 5478.00 Sq.Ft.
Property Description
Structure 1:
independent building of 5,478 sq.Ft. Carpet area.
Building located on freehold land.

Gr 1570 sq.Ft. Carpet
1st 1460 sq.Ft. Carpet
2nd 1460 sq.Ft. Carpet
3rd 210 sq.Ft. Carpet

area of lift and staircase 778 sq.Ft. Carpet

totally vacant, all interior civil work newly done and in process of total completion.
Lift permission application with b.M.C.
Asking price for this structure alone is rs. 11 crores.
Iod in hand cc expected within a couple of days.

Expected outgoings per year is rs. 1,00,000/-.

Feasibility: (a minimum lease rent of rs. 200 per sq.Ft. On 20 percent built up can be expected
on the above premises if given with false ceilings, floorings, electricals, toilets and pantry)

working:
(5,478 sq.Ft. Plus 20 percent built up 7,560 sq.Ft.
6575sq.Ft at the rate 200 per sq.Ft. Per month rs. 1314720 per month
minimum deposit of 6 months lease rent rs. 7888320
income on deposit per month 10 percent rs. 65736
total income rs. 13,80,456.
Thus giving a return of 12.50 percent on investment)

structure 2:

both structure 1 and structure 2 are part of the same building.

Independent building of 10,000 sq.Ft. Carpet area.
Gr plus 4
2,000 sq.Ft. Floor plate area.
Area under possession 2,000 sq.Ft. On third floor.
Gr. Floor negotiated but not dealt.
Asking price for 2,000 sq.Ft. Under possession rs. 4 crores.
Asking price for 8,000 sq.Ft. Rs. 5.28 crores.

Working
(8,000 sq.Ft. 20,000 per sq.Ft. Rs. 16,00,00,000
16,00,00,000 33 percent pagadi share rs. 5,28,00,000)

total asking price of both buildings 5,478 sq.Ft plus 2,000 sq.Ft plus 8,000sq.Ft 33 percent in total rs. 21,28,00,000

both buildings can be bought independently as well as together.
Property Code: W2116660
Oct 08, 2009
Additional Details
Society Name: Fort
Transaction: Resale Property
Possession: Immediate
Ownership: Freehold
Distance from Basic Amenities
Key Landmarks: Building at fort, mumbai
Additional Comments
Both buildings can be bought independently as well as together.
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Contact Details

Royal Estate
Royal Real Estate
Near Inorbit Mall, Link Road,Malad west,
Mumbai Andheri-Dahisar
Mobile: 9004345700 , 9930966942
Phone: 022 - 28716141

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