Bollywood actor Hrithik Roshan has leased out a commercial office space in Mumbai’s Andheri West to Clearsynth Labs Limited under a five-year lease agreement. According to property registration documents accessed by CRE Matrix, the transaction involves an office space at Lotus Nilkamal Business Park on New Link Road. The lease starts at a monthly rent of ₹17 lakh and includes a structured rental escalation during the agreement period.
Transaction Details
The leased premises comprise seven commercial units on a higher floor of Lotus Nilkamal Business Park. Spanning nearly 6,000 sq. ft. of built-up area, the property also includes seven dedicated car parking spaces. As part of the transaction, the tenant has deposited a security amount of ₹68 lakh.
The agreement was registered on June 29, 2026, with the lease effective from April 1, 2026, and continuing until March 31, 2031.
Under the agreed rental terms, Clearsynth Labs Limited will pay ₹17 lakh per month during the initial three years, from April 1, 2026, to March 31, 2029. Subsequently, the monthly rent will increase to ₹19.55 lakh for the remaining two years, from April 1, 2029, until the lease concludes on March 31, 2031.
What Does This Lease Reflect About Mumbai’s Office Market?
This transaction highlights the continued demand for premium commercial office space in established business districts such as Andheri West. Long-term leases with predefined rental escalations remain a preferred structure for both property owners and occupiers, offering rental visibility while supporting stable occupancy.
With its strategic location on New Link Road and quality commercial infrastructure, Lotus Nilkamal Business Park continues to attract corporate tenants seeking well-connected office spaces in Mumbai.
Recent Transactions
Celebrity real estate transactions continue to attract attention, especially when they involve premium commercial properties in key business districts. While residential deals often make headlines, several celebrities are also actively leasing office spaces, reflecting the growing demand for well-located commercial assets in cities such as Mumbai.
In a recent transaction, Actor Bobby Deol and his wife, Tania Deol, acquired multiple office units worth over ₹15 crore in Andheri West.
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