Warehouse 56320 Sq.ft. for Rent in Bhosari MIDC, Pune

Listing ID #1303152

LOCATION AND BENEFITS OF THE INDUSTRIAL PARK
-'A+' Grade Industrial & Office Construction
-Visibility - Corner Plot with 3-Side Road Touch
-World-Class Building Specifications
-Gated Campus Style Development
-High Quality Safety Standards
-Ample Parking Space
-Designed to Suit Corporate Industrial / Warehousing/R&D/Office Needs.
-Wide roads for easy truck maneuvering & docking

AREA STATMENT -
Ground Floor : 22,720 Sq. Ft
Ground Floor (Mezzanine) : 1566 Sq. Ft
First Floor : 32,034 Sq. Ft
Loading : 20%
Total Chargeable Area : 56320 Sq. Ft

COMMERCIAL PROPOSAL - OTHER TERMS
A. Lease Rate/ Rent - INR 50/Sq. Ft/ Month on Chargeable Area
B. Security Deposit equivalent to 8 months Gross rent.
- 2 months on signing of LOI/MOU. Balance
- 6 months on Signing of Lease Deed / Leave & License
C. Escalation on Rent - 5% every year on the last paid gross rent
D. Proposed Lease Term -10 years with 5 years lock-in
E. Sub-let/Sublease Charges to Maharashtra Industrial Development Corporation (MIDC) to be paid by the Tenant - INR 3.50/Sq. Ft/Month approx. (To be paid to MIDC in advance either annually or for the lock in period)
F. Notice Period 6 months after lock-in period is expired.
G. Stamp Duty and registration charges shall be borne by the Client/tenant
H. Property Tax shall be borne by Sigma.
I. Structural maintenance shall be in the scope of Sigma and day to day or routine maintenance shall be in tenant/client scope
J. Common Area Maintenance Charges (CAM): INR 2/Sq. Ft/Month (Scope: Fire Fighting Pump room maintenance, STP Maintenance, House Keeping of Common areas
and Street Lights)
K. Loading for Office and Factory area 20%. Carpet area calculated from outer periphery of the wall
L. Offered Area - As per layout options shared