” Prestige Meridian“
M.G Road.
COMMERCIAL TERMS AND CONDITIONS
Building : Prestige Meridian, M.G Road, Bangalore |
Floor : 1st |
Area : 433 Square Feet (Super Built Up). |
Status : Fully Furnished |
Rent : Rs. 40,000/= per month |
Deposit : 10 Months’ Rent -Interest-Free Refundable. |
Maintenance : Rs 6.00 per sft per month + GST, payable by the Tenant. (Subject to Escalation) |
Lock in period : 36 months. |
Lease Period : 36 months. |
Escalation : 7.5% P.A, on the last paid Rent. |
Lease Commencement : From the date of Possession. |
Rent Commencement : From the date of Possession. |
Registration Of Lease Deed : Charges To be borne by the Lessee. |
Work Stations: 3, Open Cabin : 1, Reception |
Power – Back-up charges will be as follows: –
Deposit of Rs 9000/= per KVA, out of which 18% will be deducted annually from the
principal amount as Generator Maintenance charges.
Consumption Cost Currently – Rs.20/= per unit consumed.
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