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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