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    Home»Bollywood»Subhash Ghai leases business property in Mumbai for Rs 3.38 lakhs month-to-month, totalling Rs 2.24 crores over 5 years: Report : Bollywood Information – Bollywood Hungama
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    Subhash Ghai leases business property in Mumbai for Rs 3.38 lakhs month-to-month, totalling Rs 2.24 crores over 5 years: Report : Bollywood Information – Bollywood Hungama

    Heena SinghBy Heena SinghJuly 21, 20253 Mins Read
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    Subhash Ghai leases business property in Mumbai for Rs 3.38 lakhs month-to-month, totalling Rs 2.24 crores over 5 years: Report : Bollywood Information – Bollywood Hungama
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    Veteran filmmaker and producer Subhash Ghai, in collaboration with Crest Ventures Restricted and Mukta Arts, has secured a big business lease in Mumbai’s Andheri West. The deal underscores Ghai’s increasing pursuits past cinema, additional solidifying his presence within the metropolis’s thriving actual property market.

    Subhash Ghai leases business property in Mumbai for Rs 3.38 lakhs month-to-month, totalling Rs 2.24 crores over 5 years: Report : Bollywood Information – Bollywood Hungama

    Subhash Ghai leases business property in Mumbai for Rs 3.38 lakhs month-to-month, totalling Rs 2.24 crores over 5 years: Report

    Lease Particulars and Monetary Breakdown

    In response to official property registration paperwork accessed through the Inspector Normal of Registration (IGR) portal and reviewed by Sq. Yards, the lease was formally registered in July 2025. The property, a part of the Crest Mukta improvement, boasts a built-up space of roughly 7,500 sq ft (697 sq m) and is located within the business coronary heart of Andheri West — a well-liked zone for leisure and media companies.

    The lease settlement spans 60 months (5 years), with a beginning month-to-month hire of Rs 3.38 lakh. Importantly, the rental worth is structured to escalate yearly by roughly 5%, reaching Rs 4.11 lakh monthly by the fifth 12 months. Over the total lease time period, the cumulative rental outlay is estimated at Rs 2.24 crores.

    To finalize the lease, the events paid a safety deposit of Rs 24.66 lakh, together with a stamp responsibility of Rs 57,500 and registration prices amounting to Rs 1,000.

    Crest Mukta: A Strategic Selection

    The property falls inside the Crest Mukta challenge, a business improvement symbolizing the collaboration between Subhash Ghai’s Mukta Arts and Crest Ventures. Identified for its trendy facilities and central location, the advanced is positioned to draw companies in movie manufacturing, media, and allied artistic industries — aligning with Ghai’s cinematic legacy and community.

    See also  The Black Phone 2 North America Box Office: Ethan Hawke’s Slasher Sequel Rakes In 337% More Than One Battle After Another

    Ghai’s Increasing Actual Property Portfolio

    This business lease follows a high-profile residential acquisition by Subhash Ghai earlier this 12 months. In February 2025, Ghai and his spouse, Mukta Ghai, bought a premium house in Bandra West for Rs 24 crores. The property is positioned in 81 Aureate, a luxurious improvement by MJ Shah Group, unfold throughout 4.48 acres and that includes high-end 4BHK residences that cater to elite patrons, together with business veterans and celebrities.

    Additionally Learn: Subhash Ghai teases Riteish Deshmukh’s return in feminine avatar: “She is our subsequent heroine”

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