Subhash Ghai's Mumbai Property Set to Earn Rs. 2.24 Crore in Rental Income
Subhash Ghai, the renowned Bollywood director, has leased a commercial property in Andheri West, Mumbai, which is expected to generate a substantial rental income of Rs. 2.24 crore over five years.
Subhash GhaiMumbai PropertyAndheri WestRental IncomeCommercial PropertyReal Estate MumbaiJul 21, 2025
The lease agreement, registered with a stamp duty of Rs. 57,500 and registration charges of Rs. 1,000, includes a security deposit of Rs. 24.66 lakh. The lease tenure spans 60 months (five years), with the agreed monthly rent starting at Rs. 3.38 lakh in the first year and escalating to Rs. 4.11 lakh in the final year. According to Square Yards' analysis, the rent increases by approximately 5% annually during the lease term.
Andheri West is one of Mumbai’s most established and high-value real estate markets, offering a combination of premium residential and commercial properties. The locality comprises a mix of upscale apartments, heritage bungalows, and boutique commercial developments, attracting both end-users and investors. This area is well-connected with the international airport, the Western Expressway, Andheri Railway Station, and the metro, making it a prime location for commercial activities.
The cumulative rental value over the full term is calculated at around Rs. 2.24 crore. This significant income underscores the strategic importance of the property’s location and the robust demand for commercial spaces in Andheri West.
Subhash Ghai, a prominent figure in the Indian film industry, is known for his contributions to Hindi cinema. He has directed and produced several blockbuster films, including 'Kalicharan' (1976), 'Vishwanath' (1978), 'Karz' (1980), and 'Hero' (1983). In 2006, he established Whistling Woods International, a film institute in Mumbai, further cementing his legacy in the film industry.
In addition to his commercial property in Andheri West, Ghai and his wife, Mukta Ghai, had purchased an apartment worth Rs. 24 crore in Bandra West in February 2025. This investment highlights their continued interest in Mumbai’s real estate market, which remains a key sector for high-net-worth individuals and investors.
Subhash Ghai's strategic real estate investments not only reflect his business acumen but also demonstrate the enduring appeal of Mumbai as a hub for commercial and residential properties. The rental income from the Andheri West property is expected to provide a steady stream of revenue, contributing to the financial stability and growth of his ventures.
Frequently Asked Questions
What is the location of the commercial property leased by Subhash Ghai?
The commercial property leased by Subhash Ghai is located in Andheri West, Mumbai, within the Crest Mukta complex.
What is the built-up area of the property?
The property has a built-up area of 7,500 sq. ft. (~697 sq. m.).
What is the total lease tenure and the monthly rent for the first and final years?
The lease tenure is 60 months (five years). The monthly rent starts at Rs. 3.38 lakh in the first year and escalates to Rs. 4.11 lakh in the final year.
What is the total estimated rental income over the lease term?
The cumulative rental value over the full term is calculated at around Rs. 2.24 crore.
What other real estate investments has Subhash Ghai made recently?
Subhash Ghai and his wife, Mukta Ghai, purchased an apartment worth Rs. 24 crore in Bandra West in February 2025.
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