You are on page 1of 1

Elan Epic – NY Cinema Leasing Terms

Location - Sector 70, Southern Periphery Road, Gurgaon

Total Area - 36,000 Sq ft

Rent - Rs.84 per sq. ft. or 17% of Net Sales Revenue,


Whichever is Higher

Capitalization - 7%

Gross Price - Rs. 14,400 per sq. ft.

Payment Plan - 95:5

Rent Escalation - 5% after completion of every year,


Rent Security Deposit Equivalent to 6
Month’s

Assured Return - 11% till Possession

Lease Tenure - 25 years

Lock-in period - 7 Years

Total Sale Value - 52 Cr

You might also like