Ajay Devgn Rents Out Office Space in Mumbai's Andheri for Rs 7 Lakh Monthly

The actor's office space in Signature Tower, located along Veera Desai Road in Oshiwara, has been leased for a 5-year term.

Ajay DevgnMumbai Real EstateAndheri Office SpaceSignature TowerLotus DevelopersReal Estate MumbaiSep 03, 2024

Ajay Devgn Rents Out Office Space in Mumbai's Andheri for Rs 7 Lakh Monthly
Real Estate Mumbai:Actor Ajay Devgn has leased out his commercial office space in Mumbai's Andheri area for a monthly rent of Rs 7 lakh. The 'leave and license' agreement, formalised this September, incurred a stamp duty of Rs 1.12 lakh.

The project is located along the Veera Desai Road in Oshiwara, one of the prime locations in Mumbai's Western Suburbs. The leased property spans 3,455 sq. ft. (~ 321 sq. m.) and includes three car parking spaces. The agreement, secured with a Rs. 30 lakh deposit, is for a 60-month (5 years) lease term.

Devgn's office, situated in Signature Tower, is developed by Lotus Developers. The actor, along with his wife, is known to own multiple properties within the same project. They are among several Bollywood celebrities, including Amitabh Bachchan, Sara Ali Khan, and Kartik Aaryan, who have also invested in commercial spaces in Signature Tower.

In June this year, Devgn leased an office space in Andheri West for a monthly rent of Rs 9 lakh for five years. The lease agreement was registered on May 31, 2024.

In April last year, the actor bought five office units in Mumbai's Andheri West for Rs 45.09 crore. This deal came two years after the actor paid Rs 47.5 crore for a home of 474.4 square metres at Juhu in Mumbai. The office units with a total area of 13,293 square feet are located within Signature Building, Oshiwara, along Veera Desai Road.

Lotus Developers is a well-known real estate company in Mumbai, known for developing several commercial and residential projects in the city. Signature Tower is one of their notable projects, located in the heart of Andheri.

Ajay Devgn is a renowned Bollywood actor, producer, and director, known for his versatile performances in films like 'Singham', 'Golmaal', and 'Drishyam'. He has been actively investing in real estate in Mumbai, with several properties in his portfolio.

Frequently Asked Questions

Where is Ajay Devgn's office space located?

Ajay Devgn's office space is located in Signature Tower, along Veera Desai Road in Oshiwara, Andheri, Mumbai.

How much is the monthly rent for Ajay Devgn's office space?

The monthly rent for Ajay Devgn's office space is Rs 7 lakh.

What is the lease term for Ajay Devgn's office space?

The lease term for Ajay Devgn's office space is 5 years (60 months).

Who is the developer of Signature Tower?

Signature Tower is developed by Lotus Developers.

What is the total area of the office units bought by Ajay Devgn in Andheri West?

The total area of the office units bought by Ajay Devgn in Andheri West is 13,293 square feet.

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