Bollywood actor Sohail Khan leases a commercial shop in Bandra, Mumbai, for ₹10.3 crore over 5 years. Explore the deal, location benefits, and what it means for Mumbai’s commercial real estate market.
In a major commercial real estate development in Mumbai, Bollywood actor and producer Sohail Khan has leased a prime retail shop in Bandra for a staggering ₹10.3 crore. The 5-year agreement reflects growing confidence among investors in Mumbai’s commercial property sector — especially in high-footfall areas like Bandra.
Deal Highlights
- Lessor: Sohail Khan
- Lessee: Vision Ace Tech LLP
- Location: Shree Krishna Bhuvan, Linking Road, Bandra West, Mumbai
- Size: Approx. 4,500 sq ft carpet area
- Lease Period: 5 years
- Rental Value: ₹10.31 crore in total
- Security Deposit: ₹46.35 lakh
- Monthly Rent (starting): ₹14.30 lakh, with an annual 5% escalation
This lease was registered officially on April 25, 2025.
Why Bandra Linking Road Is a Hot Commercial Spot
Bandra West, especially Linking Road, is one of Mumbai’s most expensive and bustling commercial corridors. The area boasts:
- High-end retail stores
- Excellent foot traffic
- Close proximity to affluent residential zones
- High rental appreciation and investor interest
This makes it a preferred destination for brands, startups, and even celebrity investors.
Real Estate Trends in Mumbai’s Commercial Market
Sohail Khan’s deal is part of a larger trend where celebrities and HNIs are increasingly investing in income-generating commercial assets. Key insights:
- Rental Yields in Mumbai commercial real estate range from 7% to 10%.
- Investor sentiment is shifting toward leased assets with guaranteed returns.
- Retail spaces in metro areas are gaining traction post-COVID with strong recovery.
Celebrity Involvement: A Rising Trend
From Shah Rukh Khan’s office investments to Amitabh Bachchan’s commercial property deals, Bollywood has consistently shown interest in real estate. Such endorsements signal trust in the market and influence smaller investors.
Sohail Khan’s latest move further strengthens this narrative, indicating long-term confidence in Mumbai’s retail property segment.
Conclusion
Sohail Khan’s Bandra lease deal is not just a celebrity transaction — it’s a strong statement about the potential of Mumbai’s commercial real estate. With strategic location, consistent rental income, and increasing property demand, Bandra continues to be a magnet for smart real estate investment.
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