Pre-Leased Property for Sale in Gurgaon (2026): Complete Investor’s Guide

The most consistent passive income play in Gurgaon’s real estate market is also one of the least talked about: pre-leased commercial property. A unit already occupied by a paying tenant — a bank, an MNC, a Starbucks, an IT company — where rental income starts from the day you complete the purchase. No vacancy period. No scramble to find a tenant. No marketing costs.

Gurgaon is uniquely positioned for this kind of investment. Its commercial market absorbs over 6.8 million sq ft of leased space per year, it houses more Fortune 500 corporate offices than any other NCR city, and it has an established ecosystem of bank branches, retail brands, and IT tenants across every corridor from Cyber City to Dwarka Expressway. Pre-leased inventory exists at every budget level — from a Rs. 50 lakh ATM space in Sector 83 to a Rs. 16 crore MNC office floor in Sector 66.

This guide covers the full picture — what pre-leased property is, how it compares to assured return schemes, how to evaluate tenants, how to calculate real ROI, the tax benefits most investors miss, and which Gurgaon corridors have the strongest pre-leased supply in 2026. For the broader commercial property context, read our commercial property in Gurgaon guide covering all commercial formats including assured return projects.

What Is Pre-Leased Property — and Why Investors Call It a Fixed Deposit with Appreciation

A pre-leased property is a commercial unit — shop, office, SCO plot, or bank branch — that has an active tenant in place at the time of sale. The lease agreement, rent amount, escalation clauses, and lock-in period are all already set. When you buy it, the lease transfers to you as the new landlord and the tenant continues paying rent without interruption. 

The fixed deposit analogy works because the income is contractually determined. You know on day one exactly how much rent comes in, when escalations apply, how long the tenant is contractually locked in, and what happens at lease expiry. Unlike a vacant commercial unit where your income depends entirely on finding the right tenant at the right price, a pre-leased property eliminates the single biggest variable in commercial real estate: vacancy. 

The key distinction: in a pre-leased property, your income comes from a business entity with a registered lease agreement. In an assured return scheme, your income comes from the developer’s cash flow. One is a property investment. The other is closer to a loan to the developer secured by property. 

Pre-Leased vs Assured Return vs Vacant Commercial — Key Differences

These three formats are sold with similar marketing language but carry completely different risk profiles. Here is how they compare across every factor that matters:  

Factor	Pre-Leased Property	Assured Return Scheme	Vacant Commercial Unit
Income starts	Day 1 — tenant already paying	Day 1 — developer pays from own funds	Only after you find a tenant
Income source	Actual tenant — real lease agreement	Developer cash flow — not a tenant	Market rent after vacancy period
Income security	High — backed by signed registered lease	Medium — depends on developer solvency	Low — depends on market and your effort
Typical yield	5.5 – 10% net (tenant-funded)	10 – 24% stated (developer-funded)	6 – 12% once leased (variable)
Lease tenure	3 – 9 years with lock-in already running	Builder promises returns for 2 – 4 years	No lease until you find a tenant
Due diligence needed	Tenant profile, lease terms, escalation clauses	Developer financials, RERA compliance, agreement terms	Location, catchment, footfall, vacancy history
Risk type	Tenant default or non-renewal	Developer solvency and delivery delay	Prolonged vacancy and carrying cost
Best suited for	Passive income investors, NRIs, retirees	Income-first investors who accept developer risk	Entrepreneurs and active investors willing to manage

 

For most passive income investors — particularly NRIs, retirees, and salaried professionals who cannot actively manage a commercial property — pre-leased is the right choice. For the full breakdown of assured return risks and which projects are credible, see our assured return commercial property guide. 

Types of Pre-Leased Property Available in Gurgaon

Pre-leased inventory in Gurgaon spans multiple formats at different budget levels and risk profiles: 

• Bank-leased property — SCO plots, ground floor retail units, and standalone buildings leased to HDFC, SBI, ICICI, Axis, or cooperative banks. The most conservative pre-leased format. Banks sign 9 to 15 year leases and almost never vacate mid-lease. Yield is lower (5.5–7%) but income security is maximum. A pre-leased HDFC Bank SCO in Sector 56 is currently available at Rs. 20 Cr with Rs. 5.64 lakh monthly rental. 
• MNC / IT office space — Individual floors or suites in Grade-A office buildings in Cyber City, Udyog Vihar, Golf Course Road, and GCER, leased to MNC subsidiaries, IT companies, and Global Capability Centres. 5 to 9 year leases with 3 to 5 year lock-ins. Yields of 7 to 10%. A Portuguese MNC-leased office suite in GCER is currently available at Rs. 27,000 per sq ft with Rs. 130 per sq ft monthly rent — a 5.8% net yield with 12% escalation every 3 years. 

• Retail brand-leased shops — Ground floor units in commercial projects leased to F&B brands and retail chains — Starbucks, Wagh Bakri, Dominos, McDonald’s, Haldiram. Yields of 7 to 11% with 3 to 5 year leases. A Starbucks-leased unit is currently available at Rs. 39,000 per sq ft with Rs. 258,000 monthly rent on a 2,000 sq ft unit. 

• Bank ATM spaces — Small units of 100 to 300 sq ft leased to bank ATM networks. Very low entry (Rs. 15 to 40 lakh), steady income, and 5 to 9 year ATM lease contracts. Yield runs 6 to 8%. 

• Pre-leased SCO plots — Freehold plots with existing tenants on ground and upper floors. The most complex format — you own the land and building, multiple tenants operate on different floors. Highest total income potential but also the most management intensive of all pre-leased formats. 

• Food court and restaurant units — Units within malls and commercial developments leased to F&B operators on revenue share or fixed lease terms. Yield ranges widely — 8 to 14% in high-footfall locations. Shorter leases (3 years typically) make this higher risk than office formats. 

Bank-Leased vs MNC / IT-Leased Property — Which Is Better?

This is the question every serious pre-leased investor in Gurgaon faces. Both are strong investments. The right choice depends on your income priority versus security priority:  

Factor	Bank-Leased Property	MNC / IT-Leased Property	Retail Brand-Leased
Typical tenant	HDFC, SBI, ICICI, Axis, PNB, cooperative banks	Google, Accenture, TCS, MNC subsidiaries, GCCs	Starbucks, Wagh Bakri, Dominos, McDonald’s, retail chains
Lease duration	9 – 15 years — longest in commercial	5 – 9 years	3 – 5 years (shorter than office)
Lock-in period	5 – 9 years — banks rarely vacate	3 – 5 years	2 – 3 years
Rent escalation	5 – 15% every 3 years	12 – 15% every 3 years	5 – 10% every 1 – 3 years
Typical yield	5.5 – 7% — lower but ultra-stable	7 – 10% — higher yield, slight more risk	7 – 11% — highest yield, shorter leases
Vacancy risk	Extremely low — banks very rarely close branches	Low — large capex sunk into fit-out	Moderate — brands close underperforming outlets
Tenant quality	AAA rated — sovereign-backed in PSU banks	Fortune 500 or large listed companies	Varies widely — franchise vs direct operated
Property type	SCO plots, ground floor retail, independent buildings	Grade-A office floors, business parks	High-street ground floor retail, food courts
Best for	Conservative investors, NRIs, retirees — zero stress	Balanced investors wanting higher cash flow	Retail-focused investors in high footfall locations

 

The 2026 trend in Gurgaon’s pre-leased market: bank-leased properties are in increasing demand from NRIs and retirees who want the closest thing to guaranteed monthly income in real estate. MNC-leased office space in GCER is in demand from investors who want higher cash flow and are comfortable with the slightly shorter lease duration. For most investors who can only own one pre-leased property, bank-leased is the safer starting point. For investors building a portfolio, a bank-leased unit plus an MNC-leased unit gives the optimal blend of security and yield. 

How to Evaluate a Pre-Leased Property — 7-Point Due Diligence Checklist

Pre-leased property looks simple from the outside — existing tenant, existing rent, existing income. But the quality of the deal varies enormously based on the terms of the lease and the strength of the tenant. Run through every point before committing: 

1.  Verify the registered lease agreement — Ask for the original registered lease deed, not just a photocopy or summary. Confirm the monthly rent, lease start date, tenure, lock-in period, escalation clauses, and renewal options are exactly what was represented. Any discrepancy between what was promised and what is in the registered document should stop the transaction. 
2. Evaluate the tenant independently — Do not rely on the seller’s description of the tenant. For corporate tenants, check the company’s registration, annual turnover, and credit rating if available. For bank tenants, the identity verification is straightforward — confirm the bank branch is active and operational. For retail brands, visit the outlet during peak hours to assess actual footfall and business health. 
3. Check the remaining lease tenure — The value of a pre-leased property is directly tied to how much lock-in period remains. A unit with 7 years remaining in a 9-year lock-in is worth significantly more than the same unit with 1 year remaining. Calculate your ROI over the remaining lease tenure, not the initial lease period. 
4. Confirm the escalation clause and calculate future income — Escalation clauses of 5 to 15% every 3 years make a material difference to total return over a 9-year lease. A unit renting at Rs. 1 lakh per month with 15% escalation every 3 years generates Rs. 1.15 lakh in years 4–6 and Rs. 1.32 lakh in years 7–9. Build this into your ROI model. 
5. Verify property title and encumbrance — Pre-leased properties can have existing mortgage or legal disputes that are not disclosed upfront. Get an encumbrance certificate from the registrar’s office and verify that the title is clean before paying any advance. 
6. Calculate net yield accurately — Gross yield is what the brochure shows. Net yield is what you actually receive. Subtract: maintenance charges (Rs. 10–40 per sq ft per month in premium buildings), property tax (payable to the municipal corporation), and income tax on rental income (rent minus 30% standard deduction, taxed at your applicable slab). The gap between gross and net can be 1.5 to 2.5 percentage points. 
7. Understand the post-lease scenario — What happens when the lease ends? Ask the seller: has this tenant renewed before? Is the catchment strong enough to attract a replacement tenant if they do not renew? A pre-leased property in a location with thin commercial demand may have a 6 to 12 month vacancy period after the lease ends — which must factor into your long-term return calculation. 

How to Calculate ROI on Pre-Leased Property — 3 Worked Examples

Most articles on pre-leased property show gross yield — annual rent divided by sale price. That is a starting point, not the full picture. Here is a full ROI table across three real-world property types currently available in Gurgaon:  

Parameter	Example 1: Bank-Leased SCO	Example 2: MNC Office (GCER)	Example 3: Retail Brand Shop
Property	HDFC Bank SCO, Sector 56	MNC office suite, Sector 66	Starbucks retail unit, MG Road
Sale price	Rs. 3.5 Cr	Rs. 1.5 Cr (700 sq ft @ Rs. 21,500/sq ft)	Rs. 2 Cr (500 sq ft @ Rs. 40,000/sq ft)
Monthly rent	Rs. 1,75,000	Rs. 1,40,000 (Rs. 200/sq ft/month)	Rs. 2,58,000 (Rs. 516/sq ft/month)
Annual rent	Rs. 21,00,000	Rs. 16,80,000	Rs. 30,96,000
Gross yield	6.0%	11.2%	15.5%
30% standard deduction (tax)	Rs. 6,30,000 deducted from taxable income	Rs. 5,04,000 deducted	Rs. 9,28,800 deducted
Net taxable rental income	Rs. 14,70,000	Rs. 11,76,000	Rs. 21,67,200
Rent escalation (3-yr clause)	5% every 3 years	12% every 3 years	5% every 3 years
Lease tenure	15 years, 9-year lock-in	9 years, 4-year lock-in	9 years, 3-year lock-in
Capital appreciation (5-yr est.)	15 – 20%	20 – 30%	18 – 25%
Total 5-yr return (income + appreciation)	Rs. 1.58 – 1.75 Cr	Rs. 1.24 – 1.45 Cr	Rs. 2.1 – 2.3 Cr

 

All figures are based on 2026 market data from active listings. Capital appreciation estimates are based on historical corridor-level trends and are indicative, not guaranteed. Net yield calculations assume 30% standard deduction and personal income tax at 30% slab — consult a CA for your specific tax position. 

The most important number in this table is the 5-year total return — not the gross yield. The Starbucks retail unit shows the highest gross yield (15.5%) but over 5 years the bank-leased SCO delivers comparable total returns because the shorter retail lease creates re-letting risk that does not exist in the bank lease. Bank-leased at lower yield over 15 years with no vacancies typically outperforms retail at higher yield with re-letting cycles. 

Tax Benefits on Pre-Leased Commercial Property — What Most Investors Miss

Pre-leased commercial property has a tax structure that most first-time commercial investors do not fully use. Here are the key benefits: 

• 30% standard deduction — Under Section 24 of the Income Tax Act, 30% of your annual rental income from any let-out property is automatically deductible as a standard deduction — for repair, maintenance, and upkeep — regardless of actual expenses incurred. On Rs. 20 lakh annual rental income, this saves Rs. 6 lakh from your taxable income before any other deductions. This benefit applies to commercial property and is available to all taxpayers. 
• Depreciation on commercial property — Commercial property owners can claim depreciation on the building structure (not land) at 10% per annum under the Income Tax Act. For a Rs. 2 Cr commercial unit where land is Rs. 80 lakh and building is Rs. 1.2 Cr, the annual depreciation claim is Rs. 12 lakh — reducing your taxable rental income further. This requires proper asset classification and CA guidance. 
• Municipal tax deduction — Any property tax paid to the local municipal corporation is fully deductible from the rental income before calculating taxable rent. 
• Interest on commercial loan — Interest paid on a commercial property loan is deductible against rental income from that property. There is no Rs. 2 lakh cap that applies to residential property interest — the entire interest paid is deductible against commercial rental income. 

The effective post-tax yield on a well-structured pre-leased commercial investment — after applying the 30% standard deduction, depreciation, and loan interest deduction — is significantly higher than the raw gross yield calculation suggests. A 7% gross yield commercial property can deliver an effective post-tax cash flow equivalent to 9 to 10% after these deductions for an investor in the 30% slab. 

Best Corridors for Pre-Leased Property in Gurgaon 2026

Pre-leased inventory is not evenly distributed across Gurgaon’s corridors. Here is where the strongest supply and demand exists: 

Corridor / Area	Pre-Leased Type Available	Tenant Profile	Yield Range	Min. Investment
Cyber City / DLF Phase 2–3	Grade-A office floors	Fortune 500 MNCs, BFSI firms	6 – 8%	Rs. 5 Cr+
Golf Course Road (Sec 42–56)	Office suites, SCO, retail	Private equity, consulting, law firms, banks	5.5 – 8%	Rs. 1 Cr+
MG Road (Sec 14, 26, 27)	Retail shops, bank branches, restaurants	Starbucks, banks, retail chains	7 – 9%	Rs. 1.5 Cr+
GCER (Sec 58–68)	Office suites, retail, Grade-A commercial	IT companies, BFSI, MNC subsidiaries	7 – 10%	Rs. 70 lakh+
Sohna Road (Sec 47–56)	Office floors, retail, bank branches	IT, healthcare, banks, retail	6 – 9%	Rs. 50 lakh+
Udyog Vihar (Phase 1–6)	IT/ITES office floors, industrial units	BPOs, IT companies, auto ancillary	7 – 9%	Rs. 80 lakh+
Dwarka Expressway (Sec 99–115)	Retail shops, office suites, bank ATMs	Banks, F&B brands, IT companies	7 – 10%	Rs. 40 lakh+
SPR Road (Sec 66–74)	Retail shops, mixed-use units	F&B brands, co-working, IT startups	8 – 11%	Rs. 50 lakh+

 

The strongest pre-leased corridor for NRI investors in 2026 is GCER — specifically Sectors 65 to 68 where M3M IFC, M3M Urbana Business Park, AIPL Autograph, and Emaar Capital Tower all have active MNC and IT tenants. Airport proximity on Dwarka Expressway makes that corridor increasingly attractive for corporate tenants and banks serving the diplomatic and expat community, creating growing pre-leased supply at lower entry points than GCER. 

Top Pre-Leased Properties Currently Available in Gurgaon (2026)

These are real pre-leased opportunities currently on the market in Gurgaon — drawn from active listings as of mid-2026: 

•  HDFC Bank SCO, Sector 56 (Golf Course Road area) — Ground and basement floors leased to HDFC Bank at Rs. 2.97 lakh per month. First and second floors leased to an academy at Rs. 2.66 lakh per month. Total monthly income: Rs. 5.64 lakh. Sale price: Rs. 20 Cr. Yield: approximately 3.4% gross — but the capital value on this land plot is expected to appreciate 20 to 30% in 5 years, making the total return case strong. 
• MNC Office Suite, GCER Sector 66 (M3M IFC / Magnum Global Park area) — 1,199 sq ft pre-leased to an MNC at Rs. 107 per sq ft per month. Monthly rent: Rs. 1,28,293. Escalation: 12.5% after 3 years. Lock-in: 4 years. Lease: 9 years. Sale price: Rs. 2.93 Cr (Rs. 24,457 per sq ft). Yield: 5.25% gross — with the 12.5% escalation, yield in years 4–6 rises to approximately 5.9%. 
• UHM Portugal MNC Office, GCER (Space Creattors listing) — Pre-leased to UHM Portugal — a Portuguese MNC. Rent: Rs. 130 per sq ft. Lease: 9 years, lock-in 3 years. Escalation: 12% every 3 years. Sale price: Rs. 27,000 per sq ft. Yield: 5.8% — growing to 6.5% post first escalation. 
• Starbucks Retail Unit, MG Road area — 2,000 sq ft pre-leased to Tata Starbucks at Rs. 258,000 per month. Sale price: Rs. 39,000 per sq ft (Rs. 7.8 Cr total). Yield: 15.5% gross — with a 9-year lease. This is one of the highest-yield pre-leased retail properties available in Gurgaon. 
• Wagh Bakri Tea Lounge Retail, commercial project — 2,850 sq ft pre-leased to Wagh Bakri. Sale price: Rs. 29,000 per sq ft. Monthly income available — excellent long-term lease with an established F&B brand. 

Contact Best Luxury Residences for the current verified list of pre-leased properties with full lease documentation, yield calculations, and title verification support. 

How to Buy a Pre-Leased Property in Gurgaon — Step by Step

8. Define your budget and yield target — Pre-leased properties in Gurgaon start from Rs. 40 lakh (ATM or small retail unit) to Rs. 20 Cr+ (bank-leased SCO or MNC office floor). Set your budget first — then identify which tenant type and corridor matches it. 

9. Identify properties through an authorised consultant — Pre-leased inventory is largely off-market. It is sold through specialist consultants who maintain databases of available units with lease documents. Portal listings are a fraction of what is actually available. 

10. Request and verify the registered lease deed — Before any discussion of price, ask for the registered lease agreement. Verify the rent, tenure, lock-in, escalation, and tenant details against the registered document at the sub-registrar’s office. 

11. Visit the property and confirm tenant occupancy — Visit on a working day. The tenant should be actively operating. Verify signage, staff presence, and operational activity. A ‘pre-leased’ property where the tenant has vacated or is on leave is not pre-leased — it is vacant. 

12. Get the property legally verified — Commission a title search covering the last 30 years, encumbrance certificate, and RERA compliance check. Confirm there are no mortgage liens, disputes, or legal notices on the property. 

13. Negotiate the sale price — The price of a pre-leased property is primarily a function of the current rent multiplied by a capitalisation rate. If the market cap rate for this corridor and tenant type is 7%, a property generating Rs. 10 lakh annual rent should be priced at approximately Rs. 1.43 Cr. If the seller is asking more, the effective yield is lower than the market rate. 

14. Execute the sale agreement and arrange financing — Commercial property loans are available at 60 to 70% LTV. The existing lease agreement significantly helps loan processing — banks view pre-leased properties as lower risk than vacant commercial units. 

15. Register the sale deed and notify the tenant — After registration, formally notify the tenant in writing that ownership has transferred to you and provide your bank account details for future rent payments. Keep a copy of the original lease agreement with the property documents. 

Working with a specialist real estate consultant in Gurgaon who has specific pre-leased transaction experience is important here — verifying lease documents, evaluating tenant quality, and negotiating on cap rate requires expertise that general residential agents do not have. 

Final Thoughts

Pre-leased property in Gurgaon is the closest the real estate market offers to a truly passive investment — income starts immediately, tenant quality is verifiable upfront, lease terms are contractually fixed, and the asset appreciates alongside the income. It is not a perfect investment — tenant risk at lease expiry is real, and net yields after tax and maintenance are always lower than the gross numbers in brochures. But evaluated properly and bought at the right cap rate, it is one of the strongest risk-adjusted returns available in NCR’s commercial market. 

The investors who get the best returns from pre-leased property in Gurgaon are those who match the right tenant type to their risk appetite — bank-leased for security, MNC office for yield, retail brand for maximum cash flow — and buy in corridors with strong underlying demand that will support tenant renewal when the lease expires. Browse all Gurgaon projects or contact Best Luxury Residences directly for pre-leased inventory with full lease documentation. 

Call / WhatsApp: +91 93542 81026    bestluxuryresidences.in    DLF Corporate Greens, Tower 2, Sector 74A, Gurugram    Mon–Sat 10 AM – 8 PM 

Frequently Asked Questions

What is pre-leased property in Gurgaon?

Pre-leased property in Gurgaon is a commercial property — shop, office, bank branch, or ATM space — that already has a paying tenant in place when you buy it. The lease agreement transfers to you as the new owner and the tenant continues paying rent from day one. It offers immediate rental income with no vacancy period, making it one of the most popular passive income investments in Gurgaon’s commercial market. 

What yield can I expect from pre-leased property in Gurgaon?

Pre-leased property yields in Gurgaon range from 5.5 to 7% for bank-leased properties, 7 to 10% for MNC and IT office leases, and 7 to 11% for retail brand-leased shops. Net yield after maintenance charges and taxes is typically 1.5 to 2.5 percentage points lower than gross yield. The 30% standard deduction on rental income and depreciation benefits can significantly improve effective post-tax returns. 

What is the difference between pre-leased and assured return commercial property?

Pre-leased property has an actual tenant paying real rent under a registered lease. Your income comes from a business operating in the space. Assured return property has the developer paying you from their own funds — not from a tenant. Pre-leased is safer because the income source is a third-party business with a registered legal agreement. Assured return schemes typically promise higher yields (10-24%) but carry developer solvency risk that pre-leased properties do not have. 

Is bank-leased property a good investment in Gurgaon?

Yes — bank-leased property is the most conservative and stable form of pre-leased investment in Gurgaon. Banks sign 9 to 15 year leases with 5 to 9 year lock-ins and almost never vacate mid-lease. Yield is lower at 5.5 to 7%, but income security is maximum. For NRIs, retirees, and conservative investors who want passive income with minimal management, bank-leased property is the strongest choice. The long lock-in and low vacancy risk compensate for the yield discount versus MNC office leases. 

What is the minimum investment to buy a pre-leased property in Gurgaon?

Pre-leased property in Gurgaon starts from approximately Rs. 40 to 50 lakh for a small ATM space or retail unit on Dwarka Expressway or Sohna Road. Mid-range MNC office suites in GCER start from Rs. 70 lakh to Rs. 1.5 Cr. Bank-leased SCO plots start from Rs. 3 to 5 Cr. Grade-A office floors in Cyber City leased to Fortune 500 companies start from Rs. 5 Cr and above. 

What are the tax benefits on pre-leased commercial property in India? 

Pre-leased commercial property owners benefit from: 30% standard deduction on annual rental income (automatically available regardless of actual expenses), depreciation on the building structure at 10% per annum (reduces taxable rental income significantly), municipal tax deduction, and full deductibility of commercial loan interest against rental income (no Rs. 2 lakh cap that applies to residential property). These deductions can effectively improve net post-tax yield by 2 to 3 percentage points over the gross yield. 

Can NRIs buy pre-leased property in Gurgaon?

Yes. NRIs can freely buy pre-leased commercial property in Gurgaon under FEMA without RBI approval. Payments must flow through NRE or NRO accounts. Rental income is credited to the NRO account and can be repatriated subject to FEMA limits. TDS on commercial rental income for NRIs is 31.2%. Pre-leased property is particularly popular with NRIs because it requires minimal management — the tenant is already in place and manages their own space. 

Which corridor has the best pre-leased property in Gurgaon?

GCER (Sectors 58–68) has the strongest combination of yield (7-10%), tenant quality (MNC and IT companies), and appreciation potential. Cyber City offers the highest-grade tenants but at the highest entry prices. Dwarka Expressway (Sectors 99–115) offers the most accessible entry points for pre-leased retail and bank branches. For bank-leased SCO plots with maximum income security, Golf Course Road and MG Road have the strongest long-term track record. 

What should I check before buying a pre-leased property?

Seven critical checks: verify the registered lease agreement (not just a photocopy), evaluate the tenant independently (visit the property during operating hours), check remaining lease tenure and lock-in period, confirm escalation clause details and calculate future income, verify property title and encumbrance certificate, calculate accurate net yield after maintenance and taxes, and understand the post-lease scenario and re-letting potential for the location. 

How does a pre-leased property sale work?

When you buy a pre-leased property, the existing lease agreement transfers to you as the new owner through an assignment or novation clause. You register the sale deed in your name, then formally notify the tenant in writing of the ownership change and provide your bank account for future rent payments. The tenant continues paying rent without interruption. The lease terms — rent, escalation, lock-in, tenure — remain unchanged. The sale price is typically negotiated based on the current annual rent and a market capitalisation rate for that corridor and tenant type.