Advertisement
When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
Bollywood actor Hrithik Roshan has leased a 2,727 sq ft commercial property in Mumbai's Lotus Corporate Park, Goregaon, for INR 5.62 lakh per month. This deal underscores the growing demand for premium office spaces in strategic business hubs. In a separate transaction, playback singer Stebin Ben purchased a luxurious duplex apartment in Bandra's Iconic 7 Co-op Housing Society for INR 6.67 crore, reflecting the sustained appeal of upscale residential properties in Mumbai's prime localities. These high-profile transactions highlight key trends in Mumbai's real estate market, with rising interest in both modern commercial spaces and luxury homes in sought-after areas.
In a noteworthy move within Mumbai's real estate sector, Bollywood actor Hrithik Roshan has rented out one of his commercial properties located in the Lotus Corporate Park, situated in Goregaon, a prime commercial area of the city. The actor has agreed to a lease that will generate a monthly rental income of INR 5.62 lakh. This lease agreement was formally registered earlier this year in January 2025, as per the documents made available on the website of the Inspector General of Registration (IGR). These documents, procured by Square Yards, confirm the transaction details. Advertisement
The leased space forms part of the larger Lotus Corporate Park development, a commercial project spread across 27.55 acres. Developed by Lotus Developers, this project aims to provide a modern and high-tech workspace environment for businesses in one of Mumbai's bustling commercial districts. The commercial space leased by Roshan spans an area of 2,727 sq ft, which is approximately equivalent to 253.34 sq meters. The transaction involved a stamp duty payment of INR 88,000 and a registration fee of INR 1,000, which is standard for property leasing in the area.
This deal highlights the ongoing demand for premium commercial spaces in Mumbai, especially in locations like Goregaon, which are known for their strategic connectivity and proximity to business hubs.
In a separate real estate development, playback singer Stebin Ben, known for his recent musical hits, has made a significant property acquisition in Bandra, another prominent locality in Mumbai. Along with his family members, Ben has recently purchased a duplex apartment in the Iconic 7 Co-op Housing Society, located in Bandra's well-known residential district. The singer has invested INR 6.67 crore in this luxurious property, which spans a carpet area of 1,484 sq ft. The purchase reflects the increasing trend of celebrities and professionals opting for upscale residential properties in desirable locations such as Bandra, which is famous for its vibrant social scene and proximity to the city's entertainment industry.
Both transactions reveal significant trends in Mumbai's real estate market. On the commercial front, Hrithik Roshan's rental deal signals the growing demand for office spaces in key commercial zones like Goregaon, where businesses are increasingly looking for modern office spaces with prime facilities. On the other hand, Stebin Ben's property purchase in Bandra exemplifies the ongoing demand for luxury homes in prime residential areas, particularly among high-profile individuals who seek both privacy and proximity to Mumbai's entertainment and business districts.
The real estate market continues to witness significant transactions, with high-profile figures like Hrithik Roshan and Stebin Ben making moves in the property sector. Roshan's rental agreement reflects the growing demand for commercial spaces in prime areas like Goregaon, while Ben's purchase in Bandra highlights the ongoing appeal of luxury residential properties in Mumbai. As such deals shape the market, they also offer valuable insights into trends in commercial and residential real estate in the city.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
