Actor Ronit Bose Roy has leased a commercial office in Mumbai’s Andheri West for a total rent of ₹1.39 crore over five years. According to property registration documents accessed by CRE Matrix, the 950 sq ft office commands a monthly rent of ₹2.1 lakh.
What Are the Key Details of the Deal?
Ronit Roy has leased the office to Kerawi Care (OPC) Private Limited under a registered leave-and-licence agreement. The agreement, registered on June 12, 2026, covers an office on the fourth floor of Vastu Prestige, near City Mall in Andheri West.
The 950 sq ft office carries a monthly rent of ₹2.1 lakh and a security deposit of ₹6.5 lakh. The licence commenced on July 10, 2026, and will remain in effect until July 9, 2031. Over the 60-month term, the total rent payable amounts to ₹1,39,24,584, with an annual rent escalation of 5%.
The agreement identifies Ronit Brotin Boseroy as the licensor and Kerawi Care (OPC) Private Limited as the licensee, represented by its director, Vandana Verma.
What Are the Lock-In and Maintenance Conditions?
The agreement includes a 36-month lock-in period for both parties, subject to the conditions specified in the agreement. Therefore, the arrangement carries a three-year lock-in within the five-year licence term.
The licensor will bear maintenance charges, property-related rates, taxes, levies, assessments, and non-occupancy charges. Meanwhile, the tenant will pay electricity bills directly based on consumption. However, the agreement does not specify any car parking allocation for the office.
What Makes Andheri West a Commercial Real Estate Hub?
Andheri West is a prominent residential and commercial locality in Mumbai, known for its connectivity, established infrastructure, and diverse business presence. The area offers access to major roads, metro services, and the Western Railway network, connecting it to key business districts across the city. Its proximity to the airport and other commercial hubs further enhances its appeal for businesses seeking office space.
The locality also hosts entertainment studios, production houses, retail outlets, restaurants, and corporate offices. In addition, established residential neighbourhoods and social infrastructure support its commercial ecosystem. These factors contribute to demand for office spaces and other commercial properties in Andheri West.
Recent Transactions
Celebrity-linked commercial property transactions continue to draw attention to Mumbai’s real estate market. From office leases to commercial investments, these deals offer insights into rental values and business locations. They also highlight leasing trends across Mumbai’s prominent commercial districts.
In a recent transaction, Sonu Nigam purchased two commercial units in Mumbai’s Andheri West for ₹16 Crore. In another transaction, Sajid Nadiadwala’s production house leased out two Andheri West office units for a total licence fee of ₹55 lakh, received upfront.
Explore how commercial properties are shaping Mumbai’s real estate market with CRE Matrix.
