{"id":7969,"date":"2025-10-09T07:59:15","date_gmt":"2025-10-09T07:59:15","guid":{"rendered":"https:\/\/housiey.com\/blogs\/?p=7969"},"modified":"2025-10-10T07:21:22","modified_gmt":"2025-10-10T07:21:22","slug":"dharma-productions-leases-new-office-in-mumbais-andheri-west-for-%e2%82%b915-lakh-monthly","status":"publish","type":"post","link":"https:\/\/housiey.com\/blogs\/dharma-productions-leases-new-office-in-mumbais-andheri-west-for-%e2%82%b915-lakh-monthly","title":{"rendered":"Dharma Productions Leases New Office in Mumbai\u2019s Andheri West for \u20b915 Lakh Monthly"},"content":{"rendered":"<p>Bollywood\u2019s powerhouse production house, Dharma Productions Private Limited, founded by Karan Johar, has leased a premium office space in Mumbai\u2019s buzzing Andheri West locality. According to <a href=\"https:\/\/housiey.com\/blogs\/blogs\/the-importance-of-712-utara-a-complete-overview-for-property-owners\" target=\"_blank\" rel=\"noopener\"><strong>property registration<\/strong><\/a> documents, the four-year lease begins with a monthly rent of \u20b915 lakh, with an annual escalation of 5%, taking the total lease value to approximately \u20b97.75 crore.<\/p>\n<blockquote><p><em><strong>Also read:-<a href=\"https:\/\/housiey.com\/blogs\/blogs\/bandra-history-celebrity-homes-proscons-property-prices-landmarks\" target=\"_blank\" rel=\"noopener\">Bandra- History | Celebrity Homes | Pros&amp;Cons | Property Prices | Landmarks<\/a><\/strong><\/em><\/p><\/blockquote>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/housiey.com\/blogs\/dharma-productions-leases-new-office-in-mumbais-andheri-west-for-%e2%82%b915-lakh-monthly\/#Deal_Details_and_Financials\" >Deal Details and Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/housiey.com\/blogs\/dharma-productions-leases-new-office-in-mumbais-andheri-west-for-%e2%82%b915-lakh-monthly\/#Dharmas_Expanding_Real_Estate_Footprint\" >Dharma\u2019s Expanding Real Estate Footprint<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/housiey.com\/blogs\/dharma-productions-leases-new-office-in-mumbais-andheri-west-for-%e2%82%b915-lakh-monthly\/#Why_Andheri_West\" >Why Andheri West?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/housiey.com\/blogs\/dharma-productions-leases-new-office-in-mumbais-andheri-west-for-%e2%82%b915-lakh-monthly\/#Celebrity_Hotspot\" >Celebrity Hotspot<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/housiey.com\/blogs\/dharma-productions-leases-new-office-in-mumbais-andheri-west-for-%e2%82%b915-lakh-monthly\/#About_Dharma_Productions\" >About Dharma Productions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/housiey.com\/blogs\/dharma-productions-leases-new-office-in-mumbais-andheri-west-for-%e2%82%b915-lakh-monthly\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Deal_Details_and_Financials\"><\/span><b>Deal Details and Financials<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<br \/>\nAs per records from the Inspector General of Registration (IGR), the deal included a <strong><a href=\"https:\/\/housiey.com\/blogs\/blogs\/stamp-duty-on-rent-agreement-in-maharashtra-2025-housiey\" target=\"_blank\" rel=\"noopener\">stamp duty<\/a><\/strong> of \u20b92.04 lakh, registration charges of \u20b91,000, and a security deposit of \u20b91 crore.<\/p>\n<p>By the fourth year, the rent will increase to \u20b917.36 lakh per month, in line with the agreed 5% yearly increment. Dharma Productions has not issued an official statement regarding the lease.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dharmas_Expanding_Real_Estate_Footprint\"><\/span><b>Dharma\u2019s Expanding Real Estate Footprint<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This isn\u2019t Karan Johar\u2019s first high-profile property move. In 2024, he made headlines after signing a \u20b91,000 crore deal to sell a 50% stake in Dharma Productions to Adar Poonawalla\u2019s Serene Productions, retaining the remaining half alongside Apoorva Mehta as CEO.<br \/>\nEarlier, Johar had also leased a <strong><a href=\"https:\/\/housiey.com\/blogs\/in\/mumbai\" target=\"_blank\" rel=\"noopener\">luxury property in Mumbai<\/a><\/strong>\u2019s Pali Hill at \u20b98 lakh per month for three years, underscoring his continued expansion in both personal and professional real estate.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Andheri_West\"><\/span><b>Why Andheri West?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong><a href=\"https:\/\/housiey.com\/blogs\/blogs\/andheri-history-celebrity-homes-proscons-property-prices-landmarks\" target=\"_blank\" rel=\"noopener\">Andheri West remains one of Mumbai\u2019s most desirable hubs<\/a> <\/strong>for the film and entertainment industry. Known for its seamless connectivity via road, rail, and metro, it also lies close to <strong><a href=\"https:\/\/housiey.com\/blogs\/blogs\/mumbai-airport-all-about-terminal-1-2-domestic-international\" target=\"_blank\" rel=\"noopener\">Chhatrapati Shivaji Maharaj International Airport<\/a><\/strong>, offering excellent accessibility.<br \/>\nThe area\u2019s 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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Celebrity_Hotspot\"><\/span><b>Celebrity Hotspot<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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 \u2014 all of whom have invested in properties within this upscale development.<\/p>\n<blockquote><p><em><strong>Also read:-<a href=\"https:\/\/housiey.com\/blogs\/blogs\/top-10-most-expensive-areas-in-mumbai-in-2025-houseiy\" target=\"_blank\" rel=\"noopener\">Top 10 Most Expensive Areas in Mumbai in 2025 &amp;; Houseiy<\/a><\/strong><\/em><\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"About_Dharma_Productions\"><\/span><b>About Dharma Productions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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 <i>Kabhi Khushi Kabhie Gham<\/i>, <i>My Name Is Khan<\/i>, <i>Ae Dil Hai Mushkil<\/i>, and more recently, <i>Rocky Aur Rani Ki Prem Kahani<\/i> and <i>Brahm\u0101stra: Part One \u2013 Shiva<\/i>.<br \/>\nDharma has also played a pivotal role in introducing fresh talent to Bollywood, including Alia Bhatt, Varun Dhawan, and Sidharth Malhotra, shaping the industry\u2019s next generation of stars.<\/p>\n<blockquote><p><em><strong>Also Read:-<a href=\"https:\/\/housiey.com\/blogs\/blogs\/pm-modi-to-inaugurate-navi-mumbai-international-airport-today-cidco-fast-tracks-667-acre-aerocity-master-plan-5-key-highlights\" target=\"_blank\" rel=\"noopener\">PM Modi to Inaugurate Navi Mumbai International Airport Today | CIDCO Fast-Tracks 667-Acre Aerocity Master Plan \u2013 5 Key Highlights<\/a><\/strong><\/em><\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><b>Conclusion<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>With this new lease in Andheri West\u2019s Signature by Lotus, Dharma Productions continues to reinforce its presence in Mumbai\u2019s film and business landscape. The move not only reflects the studio\u2019s strong financial position but also its commitment to maintaining a strategic foothold in the heart of India\u2019s entertainment capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bollywood\u2019s powerhouse production house, Dharma Productions Private Limited, founded by Karan Johar, has leased a premium office space in&hellip;<\/p>\n","protected":false},"author":5,"featured_media":7970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[93,70],"tags":[2123,3474,3472,1451,3473],"class_list":["post-7969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bollywood","category-latest-news","tag-andheri-west","tag-bollywood-news","tag-dharma-productions","tag-mumbai-real-estate","tag-office-lease"],"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>Dharma Productions Leases New Office in Mumbai\u2019s Andheri West for \u20b915 Lakh Monthly<\/title>\n<meta name=\"description\" content=\"Karan Johar\u2019s Dharma Productions leases a plush office in Andheri West for \u20b915 lakh\/month, reinforcing its stronghold in Mumbai\u2019s film hub. 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