Sporta Technologies Private Limited, the parent company of India’s leading fantasy gaming platform Dream11, has finalized a major commercial real estate deal in Mumbai’s Worli. The company has leased approximately 1.70 lakh sq ft of office space for over ₹334 crore, according to property registration documents accessed by CRE Matrix.
The leased premises are located in Ascent Worli, a premium commercial development by K Raheja Pvt Ltd. The deal spans multiple office units across the 4th, 6th, 7th, and 8th floors of the building, offering the company a large and contiguous workspace in one of Mumbai’s most sought-after business corridors. Along with the office area, the lease also includes 135 car parking spaces, highlighting the scale and premium nature of the transaction.
The documents show that the lease has been signed for a period of five years, with a lock-in commitment of 36 months. The transaction was registered on November 17, 2025, with the company paying more than ₹94 lakh in stamp duty and ₹1,000 as registration fees. Additionally, a security deposit of over ₹30 crore has been furnished as part of the agreement.
Sporta Technologies will receive possession of the premises for fit-out work on August 4, 2025. The fit-out period extends for nearly six months, after which the lease will commence in February 2026. The starting monthly rent for the first year is ₹5.07 crore, and the agreement includes an annual escalation of 4.75%. Accordingly, the monthly rent will increase to over ₹5.31 crore in the second year, ₹5.57 crore in the third year, ₹5.83 crore in the fourth year, and ₹6.11 crore in the fifth year.
Recent Transactions
Mumbai’s office market continues to see strong traction, with multiple high-value leases and expansions across key business districts. Premium Grade-A spaces, strategic locations, and long-term commitments are driving the momentum in the city’s commercial real estate landscape.
In a transaction earlier this year, Zomato signed a five-year lease for 84,157 sq. ft. of prime office space in Andheri, Mumbai. In another transaction, Amazon renewed its lease for over 94,000 sq ft of office space at Godrej Two in Vikhroli for a five-year term, with a monthly rent of ₹1.73 crore.
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