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Industrial Land Assets for Rent in Krishnagiri, India

Land of 4 acres available on NH44 near Bangalore for industries and warehouses.
This Business is on a Premium Plan
Ownership Duration 10-20 year(s)
Industries Industrial Land
Locations  Krishnagiri
Local Time 6:22 PM Asia / Kolkata
Listed By Management Member
Status Active
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Monthly Rent
Asking Price: USD 7 thousand (Native Currency: INR 522,720)
Reason: Not for sale. Looking to lease or rent the property for manufacturing, logistics, and warehouse purp... View More
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Assets Description

- 4 acres of prime industrial land owned by us.

- The land is a clear title with no litigation.

- Located on the NH44 Krishnagiri SIDCO just 70 km away from Bangalore city.

- Located on NH44 6 lane road connecting to Tier1 and Tier2 cities within 100 km. Near to several industrial companies and owned by well-known manufacturing brands.

- We are open to selling the land at a price of INR 6 crore/acre or jointly develop it and lease it to a partner.

- The average cost of developing the land into a warehouse/manufacturing shed would be INR 10 crore for 100,000 sqft.

- The partner can then lease out the land from us for at least 10 years at a discounted monthly lease of INR 5/sq. ft.

We are also willing to accept commercial terms of the same:

- Lease term - 15 to 20 years.

- Rent - INR 3 per sq. ft.

- Security deposit - 2 months of rent.

- Advance rent - for 6 months.

- Escalation - 20% every 3 years.

Lock in - Nil.

Fit out period - 60 Days.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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