{"id":4779,"date":"2025-05-02T06:28:26","date_gmt":"2025-05-02T06:28:26","guid":{"rendered":"https:\/\/housiey.com\/blogs\/?p=4779"},"modified":"2025-05-02T06:28:26","modified_gmt":"2025-05-02T06:28:26","slug":"manoj-bajpayee-signs-major-five-year-office-lease-in-mumbais-andheri-west","status":"publish","type":"post","link":"https:\/\/housiey.com\/blogs\/manoj-bajpayee-signs-major-five-year-office-lease-in-mumbais-andheri-west","title":{"rendered":"Manoj Bajpayee Signs Major Five-Year Office Lease in Mumbai\u2019s Andheri West"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Bollywood star <\/span><b>Manoj Bajpayee<\/b><span style=\"font-weight: 400;\">, along with his wife <\/span><b>Shabana Bajpayee<\/b><span style=\"font-weight: 400;\">, has signed a significant commercial lease deal in Mumbai\u2019s bustling <\/span><b>Andheri West<\/b><span style=\"font-weight: 400;\">. According to property data sourced by <\/span><b>CRE Matrix<\/b><span style=\"font-weight: 400;\">, the couple has rented <\/span><b>two premium office spaces<\/b><span style=\"font-weight: 400;\"> in the <\/span><b>Lotus Signature building<\/b><span style=\"font-weight: 400;\"> on Veera Desai Road for a monthly rent of approximately <\/span><b>\u20b910.9 lakh<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Each of these modern offices spans <\/span><b>1,905 sq ft<\/b><span style=\"font-weight: 400;\"> of RERA carpet area. The lease was officially registered on <\/span><b>April 3, 2025<\/b><span style=\"font-weight: 400;\">, and is set for a <\/span><b>five-year<\/b><span style=\"font-weight: 400;\"> term under the name of <\/span><b>Barcode Influencer Marketing Pvt Ltd<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p style=\"text-align: center;\"><em><strong>Also Read:-\u00a0<a href=\"https:\/\/housiey.com\/blogs\/blogs\/ipl-2025-14-year-old-vaibhav-suryavanshi-shatters-records-with-blazing-century-for-rajasthan-royals\" target=\"_blank\" rel=\"noopener\">IPL 2025: 14-Year-Old Vaibhav Suryavanshi Shatters Records with Blazing Century for Rajasthan Royals<\/a><\/strong><\/em><\/p>\n<p><strong>The agreement also outlines:<\/strong><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A <\/span><b>security deposit<\/b><span style=\"font-weight: 400;\"> of <\/span><b>\u20b943.7 lakh<\/b><span style=\"font-weight: 400;\">,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A <\/span><b>5% annual rent escalation<\/b><span style=\"font-weight: 400;\">, leading to a projected monthly rent of <\/span><b>\u20b913.3 lakh<\/b><span style=\"font-weight: 400;\"> by the fifth year,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Six dedicated parking spaces<\/b><span style=\"font-weight: 400;\">,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">And a <\/span><b>75-day fit-out period<\/b><span style=\"font-weight: 400;\"> for customization and renovations.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Over the entire lease term, the total rental value will touch approximately <\/span><b>\u20b97.26 crore<\/b><span style=\"font-weight: 400;\">, highlighting the strong commercial demand and investment appeal of <\/span><b>Andheri West<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><strong>Commenting on the deal, Abhishek Kiran Gupta, CEO and Co-founder of CRE Matrix, noted,<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;While location remains crucial, Grade A commercial projects increasingly command a premium. Going forward, project relevance could even outweigh location.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Email queries have been sent to Bajpayee and Barcode Influencer Marketing for comments, and updates will follow once responses are received.<\/span><\/p>\n<p style=\"text-align: center;\"><em><strong>Also Read:-\u00a0<a href=\"https:\/\/housiey.com\/blogs\/blogs\/who-is-rishi-parti-meet-the-man-behind-the-%e2%82%b9190-crore-apartment-deal-at-dlfs-camellias-in-gurugram\" target=\"_blank\" rel=\"noopener\">Who is Rishi Parti? Meet the Man Behind the \u20b9190 Crore Apartment Deal at DLF\u2019s Camellias in Gurugram<\/a><\/strong><\/em><\/p>\n<h2><b>A Look at Manoj Bajpayee\u2019s Expanding Property Portfolio<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">This isn&#8217;t Manoj Bajpayee\u2019s first foray into commercial real estate.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">In <\/span><b>October 2023<\/b><span style=\"font-weight: 400;\">, the acclaimed actor invested nearly <\/span><b>\u20b932 crore<\/b><span style=\"font-weight: 400;\"> to purchase <\/span><b>four office units<\/b><span style=\"font-weight: 400;\"> in Mumbai\u2019s Oshiwara area \u2014 in a building also named <\/span><b>Signature Building<\/b><span style=\"font-weight: 400;\"> off Veera Desai Road. These purchases attracted a hefty <\/span><b>stamp duty<\/b><span style=\"font-weight: 400;\"> of <\/span><b>\u20b91.86 crore<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Earlier, in <\/span><b>August 2023<\/b><span style=\"font-weight: 400;\">, Bajpayee and his wife sold their luxury apartment in Mumbai\u2019s <\/span>Mahalaxmi<span style=\"font-weight: 400;\"> area for <\/span><b>\u20b99 crore<\/b><span style=\"font-weight: 400;\">. The apartment, located in the prestigious <\/span><b>Minerva tower<\/b><span style=\"font-weight: 400;\">, offered <\/span><b>1,247 sq ft<\/b><span style=\"font-weight: 400;\"> of carpet area.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bajpayee\u2019s consistent real estate moves align him with other Bollywood stalwarts like <\/span><b>Amitabh Bachchan, Kajol, and Ajay Devgn<\/b><span style=\"font-weight: 400;\">, who have diversified their investments into commercial properties \u2014 a growing trend among celebrities seeking stable returns.<\/span><\/p>\n<p style=\"text-align: center;\"><em><strong>Also Read:-\u00a0<a href=\"https:\/\/housiey.com\/blogs\/blogs\/adani-realty-to-launch-%e2%82%b910000-cr-mega-township-near-navi-mumbai-airport\" target=\"_blank\" rel=\"noopener\">Adani Realty to Launch \u20b910,000 Cr Mega Township Near Navi Mumbai Airport<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bollywood star Manoj Bajpayee, along with his wife Shabana Bajpayee, has signed a significant commercial lease deal in Mumbai\u2019s&hellip;<\/p>\n","protected":false},"author":3,"featured_media":4781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[93,92],"tags":[2419,2417,2418],"class_list":["post-4779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bollywood","category-celebrity-news","tag-celebrity-news","tag-manoj-bajpayee","tag-manoj-bajpayee-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v26.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Manoj Bajpayee Signs Major Five-Year Office Lease in Mumbai\u2019s Andheri West<\/title>\n<meta name=\"description\" content=\"Manoj Bajpayee expands his real estate game! 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