Bollywood star Ajay Devgn has secured a lease for his commercial office space in Mumbai’s Andheri area at a rate of Rs. 7 lakh per month, according to a recent report by Square Yards. The lease agreement, formalized in September under a ‘Leave and License’ arrangement, also involved a stamp duty of Rs. 1.12 lakh.
The office, located in Signature Tower developed by Lotus Developers, spans 3,455 square feet (approximately 321 square meters) and includes three designated car parking spaces. The lease agreement is set for a term of 60 months (5 years), and the transaction was secured with a deposit of Rs. 30 lakh.
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Signature Tower is situated on Veera Desai Road in Oshiwara, a prime business district in Mumbai’s Western Suburbs. The location offers excellent connectivity, with easy access to major highways, a metro station, and proximity to the international airport. The area is also known for its vibrant mix of retail, dining, and entertainment options, enhancing its appeal as a desirable business hub.
Ajay Devgn, a celebrated actor in Indian cinema with accolades including two National Film Awards and the Padma Shri, continues to build his real estate portfolio. His known investments in Signature Tower align him with other Bollywood figures such as Amitabh Bachchan, Sara Ali Khan, and Kartik Aaryan, who have also invested in commercial spaces within the same development.
In addition to his real estate ventures, Devgn remains a prominent figure in film, with recent roles in hits like Bhuj and Maidaan. Upcoming projects include Singham Again, Raid 2, and De De Pyaar De 2.
