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Escalation clause

Specified in lease agreements wherein renewals of lease period are built in. It involves an increment in the base rent at every renewal of a lease agreement and is generally a percentage rate that is either pre agreed or negotiated before the renewal of the lease agreement.

News On Escalation clause
Ahluwalia Contracts eyes 20-25% growth in FY16 & FY17  

28-11-2014| Source:CNBC-TV18

covered with escalation clause.

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