News
Singer Sonu Nigam Gives Commercial Unit on Rent for ₹19 Lakh Per Month in Mumbai
Mumbai, December 5, 2025: Singer Sonu Nigam has leased out a commercial unit in Mumbai’s Santacruz East for a monthly rent of INR 19 lakh, according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR). The agreement was officially registered in December 2025.
As per IGR documents reviewed by Square Yards, the commercial unit, located in Trade Centre BKC, measures 4,257 sq. ft. (~395 sq. m.). The deal incurred a stamp duty of INR 3.27 lakh and registration charges of INR 1,000, and includes a security deposit of INR 90 lakh.
According to Square Yards’ analysis, the rental agreement spans five years. The rent is fixed at INR 19 lakh for the first year, with an escalation of 5.26 per cent taking it to INR 20 lakh in the second year. From year two onward, the rent will rise at a steady annual rate of 5 per cent, increasing to INR 21 lakh in the third year, INR 22.05 lakh in the fourth year, and INR 23.15 lakh in the fifth year. The total rental outflow during the lease tenure amounts to INR 12.62 crore.
Santacruz East is a well-connected and steadily growing real estate hub in Mumbai, offering a mix of residential and commercial developments. Its excellent connectivity through the Western Express Highway, suburban rail network, metro, and proximity to the Chhatrapati Shivaji Maharaj International Airport contribute to its appeal. The locality’s strategic position near key business districts such as Bandra Kurla Complex (BKC), Kalina, Andheri, and Vile Parle drives strong demand from both professionals and businesses.
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