Hrithik Roshan’s Parents Lease Mumbai Commercial Space to Fabindia

The commercial real estate market in Mumbai continues to attract high-value transactions from well-known personalities, and the latest example comes from Bollywood’s prominent Roshan family. In a significant leasing deal, actor Hrithik Roshan’s parents, filmmaker Rakesh Roshan and Pramila Rakesh Rosha, have leased a prime commercial space in Mumbai to Fabindia Limited for a monthly rent of ₹14.5 lakh, according to documents accessed by CRE Matrix.

This high-profile transaction highlights the increasing shift among celebrities toward long-term commercial real estate investments, as returns in premium commercial properties continue to outpace traditional asset classes.

Prime Commercial Space Leased at ₹14.5 Lakh

The leased property is located in De Mall on Veera Desai Road, Andheri West, one of Mumbai’s busiest commercial pockets.
According to documents, the space spans 6,389.47 sq ft of carpet area and is being rented at a rate of approximately ₹227 per sq ft. The agreement was officially registered on December 9, 2025.

As part of the leasing terms:

• Monthly Rent (Year 1): ₹14.5 lakh
• Security Deposit: ₹87 lakh
• Lease Tenure: 5 years
• Car Parking Slots: 5 assigned to Fabindia

This transaction underscores the sustained demand from national retail brands like Fabindia for strategically located, high footfall spaces in western Mumbai.

Also Read: Exclusive Luxury Projects in South Mumbai: Detailed Guide for Buyers

Escalation Structure Over 5-Year Lease Term

The lease agreement includes a scheduled rental escalation designed in slabs across the five-year contract period.
According to the documents:

• Year 1: ₹14.5 lakh/month
• Year 2: ₹15 lakh/month
• Year 3: ₹16 lakh/month
• Year 4 & 5: ₹18.4 lakh/month

This structured increase reflects prevailing commercial leasing standards in Mumbai, where premium retail properties enjoy steady appreciation due to limited supply and high demand.

The agreement also includes a 15-month lock-in period for Fabindia, while the lessors, Rakesh and Pramila Roshan, are bound by a full five-year lock-in, ensuring long-term stability for the tenant.

Celebrities Increasingly Investing in Commercial Real Estate

Commenting on the transaction, Abhishek Kiran Gupta, CEO of CRE Matrix, said the deal signifies the growing interest among celebrities in commercial real estate as a long-term investment strategy.

• Celebrities increasingly view commercial property as a stable, high-return asset class.
• The Roshan Fabindia lease highlights a trend of acquiring premium commercial spaces for consistent rental income.
• Such investments offer strong appreciation potential in areas like Andheri, where corporate and retail demand remains robust.

Roshan Family’s Other Recent Commercial Property Purchases

This is not the first major investment made recently by the Roshan family in Mumbai’s commercial real estate sector.

In November 2025, Rakesh Roshan and Pramila Rakesh Roshan purchased five commercial office units in Andheri for ₹19.68 crore, according to documents reviewed by SquareYards.

Details of the purchase include:

• Building: Vaidya West World One Aeropolis
• Seller: Vaidya Spaces Private Limited
• Date of Registration: November 19, 2025
• Carpet Area: Over 7,500 sq ft
• Parking: 10 dedicated parking spaces
• Registration Fees: ₹1.50 lakh
• Stamp Duty: Over ₹1.18 crore

These purchases reflect a larger strategy of building a stable, income-generating commercial property portfolio.

Also Read: Maharashtra Introduces Incentives to Boost Rental Housing in Mumbai Metropolitan

Hrithik Roshan’s Own Commercial Portfolio Also Expanding

The Roshan family has been particularly active in Mumbai’s commercial districts.
In July 2025, Bollywood actor Hrithik Roshan, along with his father Rakesh Roshan through HRX Digitech LLP, purchased three office units worth ₹31 crore in the Boomerang building located in the Chandivali area of Andheri East.

Significant points include:

• Location: First floor, Boomerang Building
• Seller: Vaidya Spaces Private Limited
• Total Purchase Value: ₹31 crore
• Purpose: Corporate and commercial use

Interestingly, this is the same building where Elon Musk’s Starlink Satellite Communications recently leased office space, further elevating its commercial appeal.

Other High-Value Commercial Deals in Mumbai

The Roshan–Fabindia lease is part of a broader surge in premium commercial transactions in Mumbai.

In November 2025, Kalpataru Group sold six built-to-suit office spaces in its commercial project, Kalpataru Virtus in Vikhroli, to global maritime giant Bernhard Schulte Shipmanagement (BSM).

Key details:

• Deal Value: ₹304.05 crore
• Usable RERA Carpet Area: 93,226 sq ft
• Built-up Area: 1.02 lakh sq ft
• Registration Date: November 4, 2025

This illustrates the continued strength and confidence in Mumbai’s Grade-A commercial real estate market.

Why Andheri East Is a Hotspot for Commercial Investments

According to SquareYards, Andheri East remains one of Mumbai’s most preferred commercial hubs due to:

Excellent Connectivity

• Western Express Highway
• Jogeshwari–Vikhroli Link Road (JVLR)
• Andheri Railway Station
• Mumbai Metro (Lines 1, 2 & 7)

Business-Friendly Ecosystem

• IT parks
• Corporate headquarters
• Five-star hotels
• Industrial estates

Access to Major Employment Hubs

• Powai
• Goregaon
• Bandra Kurla Complex (BKC)
• Vile Parle

This concentration of infrastructure and business activity makes Andheri East a magnet for high-value rental and ownership transactions.

Key Points 

• Hrithik Roshan’s parents leased a commercial space in Andheri West to Fabindia for ₹14.5 lakh/month.
• The space spans 6,389.47 sq ft with five parking slots.
• The lease term is five years with structured rental escalation.
• The transaction reflects the growing trend of celebrity investments in commercial real estate.
• Roshan family recently bought five commercial units in Andheri worth ₹19.68 crore.
• Hrithik Roshan and Rakesh Roshan acquired three office units worth ₹31 crore in the Boomerang building.
• Andheri East remains a top commercial hub due to its connectivity and business ecosystem.

Conclusion

The leasing of premium commercial space by Hrithik Roshan’s parents to Fabindia highlights the deepening engagement of celebrities with Mumbai’s booming commercial real estate market. With a structured lease, rising rental values, and a prime Andheri location, the transaction underscores the attractiveness of high-quality commercial assets for generating long-term income.

Combined with their recent purchases of office units, the Roshan family’s steady expansion into commercial real estate reflects a strategic approach to wealth creation and diversification. As demand for Grade-A spaces grows and global companies continue to explore Mumbai for expansion, the city’s commercial corridors, especially Andheri, are set to remain at the center of high-value real estate activity.