Rented Property in Genesis Mall-Sector 16-Bhiwadi-9650129697
Room For sale in Gurgaon, Haryana, India
Rented Property in Genesis Mall-Sector 16-Bhiwadi-9650129697
Pizza Hut-Rented Property
Address of the Property: Pizza Hut, Ground Floor, Genesis Mall, Sector 16, Alwar Bhiwadi Bypass, Bhiwadi.
Area: 2200 Sq.Ft. (App.)
Lessee: Pizza Hut
Lease Type: MMG or Revenue Share (whichever is higher)
Lease Duration: 09 Years
Lease Lock-in Period: 03 Years
Current Status of Mall: Possession Offered to tenants / Fit-outs Started.
Capital Value of Property: 3.0 Cr (App.)
PLC: 20%
Return/Rental Commitment: 07% of Capital Value
Moti Mahal Deluxe-Rented Property
Address of the Property: Moti Mahal, 3rd Floor, Genesis Mall, Sector 16, Alwar Bhiwadi Bypass, Bhiwadi.
Area: 6000 Sq.Ft. (App.) (3531 Sq.Ft. app. Covered & 2450 Sq.Ft. app. Terrace)
Lessee: Moti Mahal
Lease Type: Revenue Share
Lease Duration: 06 Years
Lease Lock-in Period: 01 Year
Other Area comprising said Property: Terrace
Current Status of Mall: Possession Offered to tenants / Fit-outs Started.
Current Status of Mall: Fit-outs Started
Capital Value of Property: 3.75 Cr (App.)
Return/Rental Commitment: First to Third Year:
Sale up-to 3 Lac/Month – Revenue Share of 12%
Sale between 3 Lac – 5 Lac/Month – Revenue Share of 14%
Sale above 5 Lac – Revenue Share of 15%
Fourth to Sixth Year:
Fixed @ Annualized Average Revenue Share paid for the third year
Multiplex (INOX) Rented Property
Address of the Property: INOX Cinemas, 3rd & 4th Floor, Genesis Mall, Sector 16, Alwar Bhiwadi Bypass, Bhiwadi.
Area: 45000 Sq.Ft. (App.)
No of Audi: 04
Lessee: INOX Cinemas
Lease Type: Operate and Manage
Lease Duration: 15 Years
Lease Lock-in Period: NA
Other Area comprising said Property: Projector Room, Exit Passage, Lobby, F&B, Ticket Counter, Washrooms
Current Status of Mall: Possession Offered to tenants / Fit-outs Started.
Current Status of Multiplex: 80% Fit-outs completed
Tentative Operational Date: 15th Apr 2015
BSP: Rs.6900/- / Sq.Ft.
Capital Value of Property: 31 Cr. (App.)
ROI: 08% of Value of Property (Excluding IFMS, ECC & Service Tax)
Assured Period of Rental by Developer: 03 Years
Post 3 Years: Rental as per the Lease Agreement
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