Pre-Leased ICICI Bank — Charmwood Village, Faridabad | Commercial Property
A ground-floor pre-leased commercial unit in CBD Mall, Sector 39, Charmwood Village, Faridabad — tenanted by ICICI Bank on a fresh 9-year lease with 15% rent escalation every 3 years. At an asking price of ₹7.09 Crore with ₹2.51 Lakh monthly rental income, this asset offers an entry yield of 4.25% scaling to 5.62% — a compelling, bank-backed income play in one of Faridabad's most established residential-commercial corridors. Positioned within a high-footfall township, this is institutional-grade passive income with minimal management overhead.
ICICI Bank — one of India's largest and most creditworthy private sector banks — occupies this 1,436 sqft ground floor unit in CBD Mall, Charmwood Village, delivering ₹2.51 Lakh per month in rental income from Day 1. The 9-year fresh lease with 15% escalation every 3 years creates a structured, inflation-protected income ladder, with yield rising from 4.25% at entry to 5.62% by the final escalation cycle. An advance deposit of ₹2.25 Crore underscores tenant commitment and substantially de-risks downside. Charmwood Village, Sector 39 Faridabad is a densely populated, high-footfall residential township with sustained demand for banking services — making vacancy risk near-negligible for this asset class. For investors seeking safe, passive, institutional-grade rental income without operational complexity, this is a textbook pre-leased bank acquisition.