Overview

• The lease agreement, registered on May 2, 2025, includes a monthly rent of ₹5.47 lakh, increasing to ₹6.29 lakh after three years.
• The deal involves a security deposit of ₹16.42 lakh, with stamp duty and registration fees amounting to ₹85,500 and ₹1,000 respectively.
• Devgn purchased three adjacent units in the Signature by Lotus building in April 2023 for ₹30.35 crore, with this lease covering one unit.
• Square Yards estimates the rental yield at 6.5% for the first three years and 7.5% for the final two years of the agreement.
• This transaction highlights a broader trend of Bollywood celebrities diversifying their portfolios through commercial real estate investments.