Rakesh Roshan Leases Two Commercial Units in Andheri West for Rs 7.3 Lakh
Filmmaker Rakesh Roshan has leased two commercial units in Andheri West to BeingU Studios for Rs 7.3 lakh per month. The agreement is effective from August 1, 2026.
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What Happened?
Filmmaker Rakesh Roshan has leased two commercial units in Andheri West to BeingU Studios for Rs 7.3 lakh per month. The agreement is effective from August 1, 2026.
Why it matters
This lease agreement highlights the ongoing commercial real estate activity in Mumbai.
Key points
- Rakesh Roshan leased two office units totaling 5,574 sq ft.
- The monthly rent is set at Rs 7.3 lakh, increasing by 5% annually.
- The lease agreement spans three years, from August 1, 2026, to July 31, 2029.
- The total rental income over three years is expected to be around Rs 2.76 crore.
- A security deposit of Rs 10.95 lakh is included in the agreement.
Key insights
- The lease could indicate a growing demand for commercial spaces in Mumbai.
- Rakesh Roshan's involvement in multiple property deals suggests a strategic investment approach.
- The annual rent increase may reflect market trends in commercial real estate.
AI Quick Summary
Rakesh Roshan has leased two commercial units in Andheri West for Rs 7.3 lakh monthly, effective from August 1, 2026.
Source
Times of India