Overview
- The 7,500 sq ft unit in Crest Mukta, Andheri West, was leased by Subhash Ghai along with Crest Ventures Limited and Mukta Arts.
- The lease was registered with the Inspector General of Registration on July 18, 2025, covering a 60-month term and backed by a ₹24.66 lakh security deposit.
- Stamp duty of ₹57,500 and registration charges of ₹1,000 were paid as part of the official agreement.
- Rent starts at ₹3.38 lakh per month in year one and escalates by nearly 5 percent annually to ₹4.11 lakh in year five.
- Square Yards analysis projects cumulative rental income of around ₹2.24 crore, following Ghai’s earlier Bandra West purchase and suburban sales to reshape his Mumbai holdings.