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Kajol Leases Goregaon West Unit to HDFC Bank in Nine-Year Deal Worth ₹8.6 Crore

Property records show the lease was registered on November 14 with staged rent escalations.

Overview

  • Kajol has rented a 1,817 sq ft retail space with one parking in Bharat Arize, Goregaon West, Mumbai.
  • The agreement sets monthly rent at ₹6.9 lakh for the first three years, rising 15% every three years to about ₹7.9 lakh and then ₹9.13 lakh.
  • The lease commences in November 2025 and runs through 2034 for a total contracted rent of roughly ₹8.6 crore.
  • Transaction terms include a ₹27.61 lakh security deposit, ₹5.61 lakh stamp duty, and ₹30,000 registration charges.
  • Details were reported from Inspector General of Registration documents reviewed by SquareYards and corroborated by multiple outlets.