Sajid Nadiadwala's production house lease their office space in Mumbai's Andheri for a total rent of ₹2.46 crore
Here's the latest box office buzz making the rounds:
Sajid Nadiadwala’s production house, Nadiadwala Grandson Entertainment Private Limited has leased commercial office units in Mumbai's Andheri West, to Rhea and Dia Enterprises Pvt Ltd. for a period of 28 months for a total rent of ₹ 2.46 crore rupees, according to property registration documents accessed by CRE Matrix.
Adding to this, Sajid Nadiadwala’s production house, Nadiadwala Grandson Entertainment Private Limited has leased commercial office units in Mumbai's Andheri West. (HT Files) The lease commenced on August 1, 2026, with the initial monthly rent for the two commercial office units set at ₹ 8.27 lakh. The transaction involves office premises located in Lotus Grandeur, a commercial building in Andheri West, according to property registration documents.
Meanwhile, According to the documents, the lease was registered on September 1, 2026, with the licence commencing on August 1, 2026. The company will pay a monthly licence fee of ₹ 8,26,875 for the office premises, while the security deposit for the transaction has been fixed at ₹ 30 lakh. The registered documents do not specify the area of the office premises.
Notably, The office premises, is situated on the eighth floor of Lotus Grandeur, also come with two car parking spaces. The property is situated in Andheri West, one of Mumbai's established commercial and residential real estate markets, with the Veera Desai Road area hosting a mix of corporate offices, production houses, creative businesses and residential developments.
As per the latest buzz, As per the terms of the agreement, the rent will increase by 5% every 12 months. Based on the agreed escalation, the monthly rent will rise to approximately ₹ 8.68 lakh from the 13th month and to around ₹ 9.12 lakh for the final four months of the 28-month tenure.
In further updates, The documents show that considering the escalation into account, the total rent payable over the entire 28-month lease period works out to approximately ₹ 2.46 crore rupees.
On top of that, The agreement also includes a lock-in period of 12 months, meaning the premises are subject to the agreed minimum occupancy commitment during the initial year of the lease.
Nadiadwala Grandson Entertainment Private Limited and Rhea and Dia Enterprises Pvt Ltd could not be reached for comment.
Source: Hindustan Times