India, Aug. 5 -- Eicher Motors Limited has leased 3.92 lakh sq ft of industrial space in a building in Sriperumbudur, Tamil Nadu, at a rent of nearly Rs.82.45 lakh per month for seven years, documents accessed by Propstack showed.

The name of the building is Casagrand Industrial Park and the landlord is Casagrand Blue Horizon Private Limited

The lease start date is August 31. The per sq ft rent is Rs. 21.06 per sq ft per month. The tenant has paid a security deposit of Rs. 5.24 crore, the lease deed showed.

The rent and maintenance fees are subject to an annual escalation of 3.5% every year after completion of two years, the documents showed. The rent commencement date is April 2027, according to the documents.

The lease deed was regi...