Subhash Ghai Leases Commercial Property in Mumbai’s Andheri for ₹3.38 Lakh Monthly
Veteran Bollywood filmmaker Subhash Ghai has leased out a commercial property in Andheri, Mumbai, for a starting monthly rent of ₹3.38 lakh, with an annual escalation of 5% over five years.
Subhash GhaiMumbaiAndheriReal EstateCommercial PropertyReal Estate MumbaiJul 21, 2025
The rented property is situated in the Crest Mukta development in Andheri West and spans a built-up area of approximately 7,500 sq ft (around 697 sq m). The lease agreement, spanning 60 months (five years), includes a security deposit of ₹24.66 lakh. It was registered with a stamp duty of ₹57,500 and registration charges of ₹1,000.
As per Square Yards’ analysis, the rental value is set to escalate annually by nearly 5 per cent. While the starting monthly rent is ₹3.38 lakh in the first year, it will rise to ₹4.11 lakh by the fifth year. Over the lease tenure, the total cumulative rental value is expected to be around ₹2.24 crore.
The deal adds to Ghai’s growing real estate footprint. Earlier this year, in February 2025, he and his wife, Mukta Ghai, purchased a premium apartment in Bandra West for ₹24 crore. The property, located in 81 Aureate, is developed by MJ Shah Group and is spread across 4.48 acres, primarily featuring premium 4BHK apartments.
Andheri West remains one of Mumbai’s most sought-after real estate hubs, known for its blend of high-end residential properties and boutique commercial developments. The locality boasts excellent connectivity to the international airport, Western Express Highway, Andheri Railway Station, and Mumbai Metro, making it a prime choice for investors and tenants alike.
Frequently Asked Questions
What is the monthly rent for Subhash Ghai's leased property in Andheri West?
The starting monthly rent for Subhash Ghai's leased property in Andheri West is ₹3.38 lakh.
How long is the lease agreement for the property?
The lease agreement spans 60 months (five years).
What is the security deposit for the leased property?
The security deposit for the leased property is ₹24.66 lakh.
What is the expected total cumulative rental value over the lease tenure?
The total cumulative rental value over the lease tenure is expected to be around ₹2.24 crore.
What other real estate investment did Subhash Ghai make earlier this year?
Earlier this year, in February 2025, Subhash Ghai and his wife, Mukta Ghai, purchased a premium apartment in Bandra West for ₹24 crore.
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