What is the price per sq ft?
The price is given on request. It depends on the office, its floor and its position: front, back or corner. Send a WhatsApp message with the size you have in mind and the current rate card comes back the same working day.
Which offices at Keshar Towers are for sale?
The offices on floors 6, 7 and 8. Each is 500 to 1,000 sq ft, bare shell, ready to fit out. Offices next to each other can be joined up to about 10,000 sq ft. We furnish offices for rent only, not for sale.
Is the building complete and registered?
Yes. Keshar Towers was completed in 2022 and holds its occupancy certificate. The project is registered with MP RERA, number P-GWL-20-2569.
Is it freehold?
Yes. Keshar Towers is freehold, and each office is transferred on a registered sale deed with the office's built-up area stated on the deed. Common-area charges are the same for owners and for tenants, and are billed separately. CAM is billed separately. It covers maintenance and painting of the building, the lifts, HVAC and lighting of the common areas, cleaning, outside parking, the outside façade, landscaping, building lighting, outside lighting, and security and CCTV around the clock. Security and CCTV are included in CAM.
Can I buy an office and rent it out?
Yes. An office here lets for about ₹60 per sq ft a month: a 1,000 sq ft office about ₹60,000 a month, or ₹7.2 lakh a year. That is a rental yield of about 5%. A similarly priced 2 BHK yields about 1.7%. The price of an office here rises by about 7% every year. Keshar can find a tenant.
What does an owner get?
A bare-shell office, fibre-ready, on a floor that is centrally air-conditioned and never loses power. Four lifts serve the office floors alone. 300+ paid, covered basement parking spaces and roadside parking for 50+ cars. Gwalior's best retail is downstairs.
Are there offices for sale in City Centre, Gwalior?
Keshar Towers is 500 m from City Centre, about 5 minutes by road, on Race Course Road. Its offices are sold freehold on a registered sale deed. The same client base and staff catchment as a City Centre address, with main-road frontage, covered basement parking and four office lifts.
Where is the best area to buy an office in Gwalior?
Race Course Road and City Centre are the two commercial addresses buyers look at first, 500 m apart. Keshar Towers is on Race Course Road: completed in 2022, occupancy certificate in hand, RERA-registered, and already occupied by Hindustan Petroleum, Mahindra & Mahindra, Axis Max Life and IndiaFirst Life.
