Bollywood’s powerhouse production house, Dharma Productions Private Limited, founded by Karan Johar, has leased a premium office space in Mumbai’s buzzing Andheri West locality. According to property registration documents, the four-year lease begins with a monthly rent of ₹15 lakh, with an annual escalation of 5%, taking the total lease value to approximately ₹7.75 crore.
Also read:-Bandra- History | Celebrity Homes | Pros&Cons | Property Prices | Landmarks
Deal Details and Financials
The office space, located in Signature by Lotus Developers, spans an impressive 5,500 sq. ft. (around 510.96 sq. m.). The transaction was officially registered in September 2025.
As per records from the Inspector General of Registration (IGR), the deal included a stamp duty of ₹2.04 lakh, registration charges of ₹1,000, and a security deposit of ₹1 crore.
By the fourth year, the rent will increase to ₹17.36 lakh per month, in line with the agreed 5% yearly increment. Dharma Productions has not issued an official statement regarding the lease.
Dharma’s Expanding Real Estate Footprint
This isn’t Karan Johar’s first high-profile property move. In 2024, he made headlines after signing a ₹1,000 crore deal to sell a 50% stake in Dharma Productions to Adar Poonawalla’s Serene Productions, retaining the remaining half alongside Apoorva Mehta as CEO.
Earlier, Johar had also leased a luxury property in Mumbai’s Pali Hill at ₹8 lakh per month for three years, underscoring his continued expansion in both personal and professional real estate.
Why Andheri West?
Andheri West remains one of Mumbai’s most desirable hubs for the film and entertainment industry. Known for its seamless connectivity via road, rail, and metro, it also lies close to Chhatrapati Shivaji Maharaj International Airport, offering excellent accessibility.
The area’s proximity to commercial hotspots such as Bandra Kurla Complex (BKC), SEEPZ, and Lower Parel has cemented its status as a prime location for both corporate offices and creative studios.
Celebrity Hotspot
The building, Signature by Lotus Developers, is quickly becoming a celebrity magnet. Recently, actor Kartik Aaryan, along with his mother, purchased an office in the same complex. Other notable owners include Ajay and Kajol Devgan, Amitabh Bachchan, Sara Ali Khan, and Manoj Bajpayee — all of whom have invested in properties within this upscale development.
Also read:-Top 10 Most Expensive Areas in Mumbai in 2025 &; Houseiy
About Dharma Productions
Founded in 1976 by the late Yash Johar and later helmed by Karan Johar, Dharma Productions has long been synonymous with grandeur, emotion, and blockbuster entertainment. The company has produced cult classics such as Kabhi Khushi Kabhie Gham, My Name Is Khan, Ae Dil Hai Mushkil, and more recently, Rocky Aur Rani Ki Prem Kahani and Brahmāstra: Part One – Shiva.
Dharma has also played a pivotal role in introducing fresh talent to Bollywood, including Alia Bhatt, Varun Dhawan, and Sidharth Malhotra, shaping the industry’s next generation of stars.
Also Read:-PM Modi to Inaugurate Navi Mumbai International Airport Today | CIDCO Fast-Tracks 667-Acre Aerocity Master Plan – 5 Key Highlights
Conclusion
With this new lease in Andheri West’s Signature by Lotus, Dharma Productions continues to reinforce its presence in Mumbai’s film and business landscape. The move not only reflects the studio’s strong financial position but also its commitment to maintaining a strategic foothold in the heart of India’s entertainment capital.
Bollywood’s powerhouse production house, Dharma Productions Private Limited, founded by Karan Johar, has leased a premium office space in Mumbai’s buzzing Andheri West locality. According to property registration documents, the four-year lease begins with a monthly rent of ₹15 lakh, with an annual escalation of 5%, taking the total lease value to approximately ₹7.75 crore.
Also read:-Bandra- History | Celebrity Homes | Pros&Cons | Property Prices | Landmarks
Deal Details and Financials
The office space, located in Signature by Lotus Developers, spans an impressive 5,500 sq. ft. (around 510.96 sq. m.). The transaction was officially registered in September 2025.
As per records from the Inspector General of Registration (IGR), the deal included a stamp duty of ₹2.04 lakh, registration charges of ₹1,000, and a security deposit of ₹1 crore.
By the fourth year, the rent will increase to ₹17.36 lakh per month, in line with the agreed 5% yearly increment. Dharma Productions has not issued an official statement regarding the lease.
Dharma’s Expanding Real Estate Footprint
This isn’t Karan Johar’s first high-profile property move. In 2024, he made headlines after signing a ₹1,000 crore deal to sell a 50% stake in Dharma Productions to Adar Poonawalla’s Serene Productions, retaining the remaining half alongside Apoorva Mehta as CEO.
Earlier, Johar had also leased a luxury property in Mumbai’s Pali Hill at ₹8 lakh per month for three years, underscoring his continued expansion in both personal and professional real estate.
Why Andheri West?
Andheri West remains one of Mumbai’s most desirable hubs for the film and entertainment industry. Known for its seamless connectivity via road, rail, and metro, it also lies close to Chhatrapati Shivaji Maharaj International Airport, offering excellent accessibility.
The area’s proximity to commercial hotspots such as Bandra Kurla Complex (BKC), SEEPZ, and Lower Parel has cemented its status as a prime location for both corporate offices and creative studios.
Celebrity Hotspot
The building, Signature by Lotus Developers, is quickly becoming a celebrity magnet. Recently, actor Kartik Aaryan, along with his mother, purchased an office in the same complex. Other notable owners include Ajay and Kajol Devgan, Amitabh Bachchan, Sara Ali Khan, and Manoj Bajpayee — all of whom have invested in properties within this upscale development.
Also read:-Top 10 Most Expensive Areas in Mumbai in 2025 &; Houseiy
About Dharma Productions
Founded in 1976 by the late Yash Johar and later helmed by Karan Johar, Dharma Productions has long been synonymous with grandeur, emotion, and blockbuster entertainment. The company has produced cult classics such as Kabhi Khushi Kabhie Gham, My Name Is Khan, Ae Dil Hai Mushkil, and more recently, Rocky Aur Rani Ki Prem Kahani and Brahmāstra: Part One – Shiva.
Dharma has also played a pivotal role in introducing fresh talent to Bollywood, including Alia Bhatt, Varun Dhawan, and Sidharth Malhotra, shaping the industry’s next generation of stars.
Also Read:-PM Modi to Inaugurate Navi Mumbai International Airport Today | CIDCO Fast-Tracks 667-Acre Aerocity Master Plan – 5 Key Highlights
Conclusion
With this new lease in Andheri West’s Signature by Lotus, Dharma Productions continues to reinforce its presence in Mumbai’s film and business landscape. The move not only reflects the studio’s strong financial position but also its commitment to maintaining a strategic foothold in the heart of India’s entertainment capital.
