Real Estate Mumbai
Sonu Sood's Versova Commercial Unit Gets Rs 3.52 Crore Lease
By GeoSquare News Desk · Published 2026-10-23
Bollywood actor Sonu Sood has leased out a commercial unit in Versova, Mumbai, for a total rent of Rs 3.52 crore over a five-year term. The deal has been registered, reflecting steady demand for commercial spaces in Mumbai's western suburbs.
Year-wise rent breakdown
As per the registered lease agreement, the annual rent starts at Rs 63.6 lakh in the first year and rises by 5% every year. The year-wise rent is:
- Year 1: Rs 63.6 lakh
- Year 2: Rs 66.78 lakh
- Year 3: Rs 70.12 lakh
- Year 4: Rs 73.62 lakh
- Year 5: Rs 77.31 lakh
This translates to a monthly rent of around Rs 5.3 lakh in the first year, with built-in escalation for the remaining years.
What this means for Versova real estate
The transaction underlines stable rental yields in micro-markets like Versova, where commercial spaces continue to attract investors and business tenants. For property owners, such indexed lease structures provide predictable rental income and long-term capital appreciation potential.