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Project Overview of Commercial Space for Rent in Ashok Nagar, Bangalore


Security Deposit

₹ 2.26 Cr


Hello, here are the details for the Raheja Towers space. Information about the property and our expectations are given below. Let us know if you require any further information. Brief details of the available floor (9th Floor) in Raheja Towers, MG Road. - Address - 9th Floor, Raheja Towers, 26, Mahatma Gandhi Rd, Bengaluru, Karnataka 560001 - Owner - The floor is entirely owned by Mr. Adhvith Dhuddu (individual), it is not owned by any company, partnership or LLP. - Entire 9th floor of 19,515 sq ft available for rent/long term lease. - ⁠Not furnished and fully bare shell, build as per your needs and requirements. - ⁠We will make the windows, we have left it open for now, as windows will be made as per tenant requirements. - Expected rent ₹145 per sq ft. Expected deposit 8 months. - Rent increases by 5% every year. - 9 car parks allocated to the 9th floor and are included in the rent payable. Pay and park for bike parking. If the floor is split, car parks will be allocated accordingly. - Expecting a long lease deed, preferably 5-7 years, with at least 3 years of lock in period. - Common Area Maintenance (CAM) to be paid directly to Raheja Towers - At ₹3.5 per sq ft + GST per month [₹68,300 + GST]. Invoice for CAM raised directly to the tenant. CAM charges as and when updated by Raheja Towers association will be informed to the tenant. CAM in Raheja is lowest in CBD area. - DG charges are also payable directly to Raheja Towers. - Electricity bill to be paid directly by the tenant to the EB dept, based on the monthly bill. - Lease deed must be registered. - ⁠Available immediately to inspect and begin your construction work. - Floor will be handed over for your construction work only after lease is registered and agreed deposit amount is paid. - Rent free construction period is 2 months. Rent payable from 3rd month onwards. - Token deposit of 1 month rent required to block the property and not show to any other interested parties. Any other questions, let us know, will be happy to answer and clarify.

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Locality Overview of Ashok Nagar, Bangalore


Ashok Nagar is a fast-developing residential area in Bangalore, preferred for its open surroundings and improving connectivity. The locality offers access to daily conveniences such as schools, healthcare facilities, and retail options within the broader Ashok Nagar region.

With increasing residential development and infrastructure growth, Ashok Nagar is often considered by buyers looking for affordable housing and long-term value.