Wardha Road, Dhantoli, Nagpur
Sanctioned as Commercial( Shopping Mall & Office Chambers)
Year : 2007
Contact Person : Mr. Shabbir Husain
Contact No. : 09970178652, (O) 09970057694
Plan : Sanctioned
General Information :
Minimum area available for outright and lease
Either Full Ourtight or Full Lease
Rate per sq.ft. for ourtight purchase (negotiable)
Call : 09970178652 , 09970057694 or
email :millenniumnagpur@yahoo.co.in
Rate for lease per sq.ft. (negotiable)
Call : 09970178652 , 09970057694 or
email :millenniumnagpur@yahoo.co.in
Lease Terms
Minimum Lease Period 33 Months.
Maximum Lease: 9 years
Deposit will be Calculated for Six Months on rent.
Every 33 Months Rent escalation is 15%
Other Charges (if property on lease basis)
Municipal Tax levied by NMC
Total Rent of The Year – 10% = (value) x 60%
For Example:
i.e.12,00,000(Lease P.A.) -(10%)1,20,000=10,80,000
=10,80,000 X 60%
= 6,48,000/-Tax Payable to NMC.
Out of 6,48,000/-
Owner – 48% = 3,11,040/-
Tenant – 52% = 3,36,960/-
Total Area of Lease
Covering 8 Floors
36965 Sq. Feet Super Built-Up
Society Charges
As per actual
Stamp Duty & Registration charges
As per Govt. Norms.
Payment terms / conditions
Total consideration in to 10 parts.
Booking 20%
Plinth 20%
Upper Ground Slab 9%
First Floor 9%
Second Floor 9%
Third Floor 9%
Fourth Floor 9%
Fifth Floor 9%
Brickwork/Flooring 3%
Possession 3%