Pre-Leased Bank Branch — Connaught Place, New Delhi | Commercial Property
A rare pre-leased commercial asset at the heart of India's most iconic business address — Middle Circle, Connaught Place, New Delhi. Indian Overseas Bank, a Public Sector Undertaking (PSU), occupies the ground floor unit on a fresh 10-year lease registered in May 2026, delivering ₹7,60,000 per month from day one. For investors seeking government-backed rental income in a consistently tight micro-market, this is a trophy acquisition.
Connaught Place remains one of the most supply-constrained commercial micro-markets in India. With a Public Sector Bank (Indian Overseas Bank) as the anchor tenant on a fresh 10-year registered lease, this asset addresses the two principal concerns in commercial real estate: vacancy and payment default. The 15% escalation clause at Year 5 protects the investor against inflation, while the 6% entry yield provides immediate recurring cash flow.
| Period | Monthly Rent | Annual Income | 5-Year Cumulative |
|---|---|---|---|
| Year 1–5 | ₹7,60,000 | ₹91,20,000 | ₹4,56,00,000 |
| Year 6–10 (after 15% escalation) | ₹8,74,000 | ₹1,04,88,000 | ₹5,24,40,000 |
| Total 10-Year Rental Income | — | — | ₹9,80,40,000 |