News
Dharma Productions Private Limited Takes Office Space on Rent in Mumbai
Mumbai, October 8, 2025: Dharma Productions Private Limited has leased an office space in Mumbai’s Andheri West locality, with a monthly rent starting at INR 15 lakh, according to property registration documents reviewed by Square Yards.
Andheri West is a key real estate market in Mumbai, serving both commercial and residential demand. It offers strong connectivity via road, rail, and metro, and is located near the Chhatrapati Shivaji Maharaj International Airport. The locality is strategically positioned close to major business districts, including Bandra Kurla Complex (BKC), SEEPZ, and Lower Parel. This proximity fuels demand for both commercial and residential properties, as professionals seek homes close to work and businesses benefit from access to key commercial hubs.
As per IGR property registration documents reviewed by Square Yards, the office space located in Signature by Lotus Developers has an area of 5,500 square feet (about 510.96 square metres). The deal incurred a stamp duty payment of INR 2.04 lakh and registration charges of INR 1,000. The transaction includes a security deposit of INR 1 crore.
According to Square Yards’ analysis, the rental agreement spans four years, the monthly rent is set at INR 15 lakh for the first year, with 5 per cent annual escalation, reaching INR 17.36 lakh in the final year. Based on this structure, Dharma Productions will be paying a total rent of INR 7.75 crore over the lease tenure.
Recently, actor Kartik Aaryan, along with his mother, purchased an office space here, according to Square Yards’ insights. Other Bollywood celebrities, including Ajay Devgan and Kajol Devgan, Amitabh Bachchan, Sara Ali Khan, and Manoj Bajpayee, have also invested in properties at Signature by Lotus.
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