Bollywood actor and television host Manish Paul has leased out his commercial property located in the vibrant Andheri West locality of Mumbai for a monthly rent of Rs. 2 lakh, according to registration documents accessed by Square Yards.

The property, which spans 1,200 square feet (~111.48 square meters), is part of Morya Grand, a ready-to-move commercial development by Nakta Investment Pvt Ltd. The building, spread across 0.69 acres, is situated in a prime location known for its proximity to key landmarks such as Versova Beach, upscale restaurants, and lifestyle hubs. Andheri West is also well-connected to major parts of the city via the Western Express Highway and Mumbai Metro Line 1, offering easy access to areas like Bandra, Juhu, and both the domestic and international airports.

The lease agreement, registered in December 2024, includes an initial security deposit of Rs. 8 lakhs. The agreement features a tiered rental structure, with the rent set at Rs. 2 lakh per month for the first 12 months, increasing to Rs. 2.14 lakh for the next 12 months. Manish Paul had purchased the office space for Rs. 2.25 crore in September 2023.

Known for his charismatic on-screen presence and wit, Manish Paul is a popular television personality and actor. He has hosted major reality shows such as Jhalak Dikhhla Jaa and Indian Idol, and starred in films like Mickey Virus and Jugjugg Jeeyo. His versatility and engaging personality have earned him numerous awards, including the Best Anchor Award and multiple accolades at the ITA Awards, securing his position as one of India’s most beloved entertainers.

Also Read: Honer Prime Housing signs Development Agreement Cum GPA worth ₹1071 Cr with Squarespace Infra

You May Also Like

86% Projects Launched Post RERA in H2 2017 and 2018 Completed in Top 7 Cities

Chennai sees highest 90% completions of projects launched in this period, followed…

MahaRERA initiates action against 628 projects for not displaying RERA registration number and QR code

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken suo motu action…

With 57% Value Share, CRE Dominates PE Deals in FY24 

The commercial offices segment dominated PE transactions in FY24 with a 57%…

Rapid Infrastructure Development Drives Growth of Satellite Townships Across India

India’s urbanization is accelerating, with major infrastructure projects like the Mumbai Trans-Harbour Link, Navi Mumbai Airport, and Jewar Airport fueling growth in satellite townships. These developments are driving land price appreciation in surrounding areas, offering significant investment opportunities. Over the next decade, regions like Khopoli, Sonipat, and Sanad are expected to see land prices soar, making them prime locations for real estate investment.