Hrithik Roshan has leased a nearly 6,000 sq. ft. office in Mumbai’s Andheri West to Clearsynth Labs Limited. The lease begins at ₹17 lakh per month, rising to ₹19.55 lakh after three years. The deal highlights the growing appeal of premium commercial assets for long-term rental income.
India’s commercial real estate market continues to attract high-profile investors, with Bollywood actor Hrithik Roshan making headlines for a significant office leasing transaction in Mumbai. According to property registration documents accessed by CRE Matrix, the actor has leased out a premium office space in Andheri West to Clearsynth Labs Limited under a five-year agreement. The transaction reflects the growing attractiveness of Grade A commercial assets as long-term income-generating investments. This trend continues to gain momentum among institutional investors, corporates, and high-net-worth individuals.
Five-Year Lease Secures Strong Rental Returns
The leased office is located at Lotus Nilkamal Business Park on New Link Road, one of Mumbai’s established commercial corridors. Spanning nearly 6,000 square feet, the property has been rented at ₹17 lakh per month for the first three years, covering the period from April 1, 2026, to March 31, 2029.
The registered agreement states, “the monthly rent is set at Rs 17 lakh for the initial three-year period.” Beginning April 1, 2029, the monthly rent will increase to ₹19.55 lakh for the remaining two years, with the lease ending on March 31, 2031. The agreement also includes a 15% rental escalation from the fourth year onward, ensuring higher returns over the lease tenure.
In addition to the office space, the transaction includes seven dedicated parking spaces. At the same time, the tenant has reportedly paid a security deposit of ₹68 lakh, further underlining the premium nature of the agreement.
Premium Commercial Assets Continue to Attract Investors
The lease is expected to generate rental income worth several crores over the five years, reinforcing the value of investing in well-located commercial properties. Stable rental yields, structured lease agreements, and periodic rent escalations have made premium office assets increasingly attractive for investors seeking predictable long-term returns.
The report notes that “the commercial lease is expected to generate rental income worth crores over its five-year duration.” Such transactions demonstrate how commercial real estate continues to offer consistent income opportunities, particularly in established office markets like Mumbai.
For occupiers, long-term leases in premium business parks provide access to modern infrastructure and strategic business locations. For property owners, they deliver recurring rental income while preserving the potential for future capital appreciation.
Mumbai’s Office Market Maintains Strong Investment Appeal
Mumbai remains one of India’s most active office markets, supported by sustained corporate demand and a limited supply of high-quality commercial assets in key micro-markets. Business districts such as Andheri West continue to attract companies from sectors including technology, pharmaceuticals, financial services, and professional consulting due to their strong connectivity and mature office ecosystem.
The latest transaction also reflects a broader trend of celebrity investors expanding their exposure to commercial real estate. As the report highlights, “His latest deal further reflects the growing interest among celebrities in commercial properties that offer stable rental returns alongside capital appreciation.”
With structured lease agreements, rising rental values, and consistent occupier demand, premium office spaces continue to strengthen their position as one of the most attractive real estate asset classes. Transactions like this highlight the long-term value of commercial property investments while reinforcing Mumbai’s status as one of India’s leading office investment destinations.
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