Overview

• Property records show a three-year lease registered on September 3 with rent set at ₹7 lakh per month in year one, ₹7.35 lakh in year two, and ₹7.71 lakh in year three, totaling about ₹2.65 crore.
• The agreement includes a ₹42 lakh security deposit, a 12-month lock-in period, stamp duty of ₹69,500, and a ₹1,000 registration fee.
• The 5 BHK unit is in Rustomjee Crown Tower, Prabhadevi, with four parking spaces and is roughly a 30-minute commute from SEBI’s Mumbai office.
• SEBI said the lease amount and the size of the premises fall within its board-approved accommodation policy and were determined using a valuation by a leading property valuer.
• The apartment has been leased from individual owner Vijay Shrishrimal, according to the registration documents accessed via the Zapkey platform.