Mumbai: Dharma Productions Private Limited has taken on lease a premium office space in Andheri West, Mumbai, with a monthly rent starting at ₹15 lakh, according to property registration documents available on the Inspector General of Registration (IGR) Maharashtra website. The transaction was officially registered in September 2025.
📍 Prime Location in Andheri West
The leased property is located in Signature by Lotus Developers, a popular commercial destination in Andheri West. Known for its strong connectivity via road, rail, and metro, Andheri West offers easy access to Chhatrapati Shivaji Maharaj International Airport, and is close to major business districts like Bandra Kurla Complex (BKC), SEEPZ, and Lower Parel. This strategic positioning has made the locality a preferred address for both commercial and residential buyers.
📑 Lease Details
As per IGR documents reviewed by Square Yards, the office space has a built-up area of 5,500 sq. ft. (~510.96 sq. m.). Key details of the transaction are as follows:
| Particulars | Details |
|---|---|
| Location | Signature by Lotus Developers, Andheri West |
| Area | 5,500 sq. ft. (~510.96 sq. m.) |
| Monthly Rent (Year 1) | ₹15 lakh |
| Lease Tenure | 4 years |
| Annual Escalation | 5% |
| Final Year Rent | ₹17.36 lakh |
| Total Rent Over Lease | ₹7.75 crore |
| Security Deposit | ₹1 crore |
| Stamp Duty | ₹2.04 lakh |
| Registration Charges | ₹1,000 |
The rental agreement spans four years, with a 5% annual escalation, taking the monthly rent to ₹17.36 lakh by the final year. Over the full lease period, Dharma Productions will pay approximately ₹7.75 crore in rent.
🌟 Celebrity Hotspot
Signature by Lotus has become a notable address for Bollywood celebrities. Recently, actor Kartik Aaryan, along with his mother, purchased an office space in the same building. Other prominent names such as Ajay Devgan and Kajol Devgan, Amitabh Bachchan, Sara Ali Khan, and Manoj Bajpayee also own properties here, underscoring the building’s premium positioning in Mumbai’s real estate market.
🎬 About Dharma Productions
Founded by Karan Johar, Dharma Productions is one of India’s leading film production and distribution companies. The banner has delivered several iconic hits including Kabhi Khushi Kabhie Gham, My Name Is Khan, and Ae Dil Hai Mushkil. It has launched successful Bollywood stars like Alia Bhatt, Varun Dhawan, and Sidharth Malhotra, and has recently produced films like Rocky Aur Rani Ki Prem Kahani and Brahmāstra: Part One – Shiva.
Also Read: Apoorva Mehta CEO Of Karan Johar’s Dharma Productions Buys Flat For Rs 24.60 Crore
