Ajay Devgn rents out Mumbai office space for Rs | Indian Movie News
Ajay Devgn, one of Bollywood’s most bankable stars, has taken a strategic step in real estate by leasing out a business office unit in Mumbai’s bustling Andheri West. According to paperwork reviewed by Square Yards on the Maharashtra authorities’s IGR (Inspector General of Registration) portal, the actor has rented the office space for a five-year period, set to earn roughly Rs. 3.3 crore over the period of the lease.
The rented property is situated in Signature by Lotus, a business building in Andheri West, a locality recognized for its wonderful connectivity to business hubs such as BKC, SEEPZ, and Lower Parel. The 2,545 sq. ft. office has been leased to Bombay Design Centre Private Limited, with the rental settlement formally registered in May 2025. As per the deal construction, the month-to-month rent is set at Rs. 5.47 lakh for the first three years, rising to Rs. 6.29 lakh for the remaining two years. The settlement also consists of a security deposit of Rs. 16.42 lakh. Stamp obligation and registration expenses amounted to Rs. 85,500 and Rs. 1,000 respectively.
Devgn had bought three adjoining office models in the identical building in April 2023, each measuring roughly 2,545 sq. ft., for a mixed worth of Rs. 30.35 crore—translating to roughly Rs. 10.12 crore per unit. The present rental settlement pertains to one of these models. Based on Square Yards’ evaluation, the estimated rental yield on this unit stands at 6.5% for the initial three years, growing to about 7.5% over the final two.
While Ajay Devgn is well known for his intense screen presence in movies like Singham, Drishyam, and Tanhaji, he also continues to construct a strong off-screen portfolio. With two National Awards and the Padma Shri to his identify, Devgn stays a powerhouse in both cinema and business. His latest movie Raid 2 has hit the screens, while Son of Sardaar 2 is presently under development.
Also Read: EXCLUSIVE: Here’s why Salim Khan is thanked in Raid 2; Raj Kumar Gupta reveals how the legendary author’s suggestion reshaped Ajay Devgn-starrer’s EXPLOSIVE and clap-worthy finale
Ajay Devgn rents out Mumbai office space for Rs | Watch Online Free
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