Bollywood actor Sonu Sood has leased out a business property in Mumbai’s Bandra-Kurla Complicated (BKC) to HDFC Bank for a beginning monthly rent of ₹11.75 lakh, in accordance to property registration paperwork reviewed by Sq. Yards.
The lease settlement for the unit at Commerce Centre BKC, situated in Bandra East, was registered in February 2026.
The business unit has a carpet space of about 2,700 sq ft and contains three devoted parking areas. The lease tenure is 9 years, with a 15% escalation in rent after each three years, as per the paperwork.
Below the settlement, the beginning rent of ₹11.75 lakh monthly interprets to an annual rental revenue of about ₹1.41 crore.
Rental yield calculation
Sonu Sood had bought the business unit in October 2012 for ₹24.25 crore. Based mostly on the present lease phrases:
Annual rent: ₹11.75 lakh × 12 = ₹1.41 crore
Buy value: ₹24.25 crore
Approximate rental yield: 5.8% yearly
Demand for BKC business areas
The Bandra-Kurla Complicated stays certainly one of Mumbai’s most sought-after business hubs, internet hosting main banks, monetary establishments and company places of work. Its connectivity to the airport, suburban railway community and upcoming metro strains continues to assist demand for workplace house.
Time period particulars at a look:
-
The agreed monthly rent for the unit begins at Rs. 11.75 lakh for the primary three years -
15% rent escalation after the expiry of every successive three-year interval. -
Safety deposit of Rs. 70.50 lakh -
Unit comes with three devoted automotive parking areas -
Carpet space of two,700 sq. ft. (250.83 sq. m.).
Source link
#Sonu #Sood #leases #BKC #unit #HDFC #Bank #lakh #monthly #rent
