(MENAFN- sloughpr) Dharma Productions Private Limited has leased an office space in Mumbai’s Andheri West locality, with a monthly rent starting at Rs. 15 lakh, according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR) at The transaction was officially registered in September 2025.

Andheri West is a key real estate market in Mumbai, serving both commercial and residential demand. It offers strong connectivity via road, rail, and metro, and is located near the Chhatrapati Shivaji Maharaj International Airport. The locality is strategically positioned close to major business districts, including Bandra Kurla Complex (BKC), SEEPZ, and Lower Parel. This proximity fuels demand for both commercial and residential properties, as professionals seek homes close to work and businesses benefit from access to key commercial hubs.

As per IGR property registration documents reviewed by Square Yards, the office space located in Signature by Lotus Developers has an area of 5,500 sq. ft. (~510.96 sq. m.). The deal incurred a stamp duty payment of Rs. 2.04 lakh and registration charges of Rs. 1,000. The transaction includes a security deposit of Rs. 1 crore.

According to Square Yards’ analysis, the rental agreement spans four years, the monthly rent is set at Rs. 15 lakh for the first year, with 5% annual escalation, reaching Rs. 17.36 lakh in the final year. Based on this structure, Dharma Productions will be paying a total rent of Rs. 7.75 crore over the lease tenure.

Recently, actor Kartik Aaryan, along with his mother, purchased an office space here, according to Square Yards’ insights. Other Bollywood celebrities, including Ajay Devgan and Kajol Devgan, Amitabh Bachchan, Sara Ali Khan, and Manoj Bajpayee, have also invested in properties at Signature by Lotus.



Dharma Productions Private Limited, founded by Karan Johar, is a leading Bollywood film production and distribution company. Known for hits like Kabhi Khushi Kabhie Gham, My Name Is Khan, and Ae Dil Hai Mushkil, it has earned critical acclaim and commercial success, while launching actors such as Alia Bhatt, Varun Dhawan, and Sidharth Malhotra. Recent productions include Rocky Aur Rani Ki Prem Kahani and Brahmāstra: Part One – Shiva.





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