Rakesh Roshan Leases Fabindia Mumbai Space for Rs. 14.5 Lakh

Hrithik Roshan’s father, Rakesh Roshan, and his wife Pramila Rakesh Roshan have leased a prime commercial space in Mumbai to Fabindia Limited for a monthly rent of Rs. 14.5 lakh, according to documents sourced from CRE Matrix.

The leased property is located in De Mall on Veera Desai Road, Andheri West, and spans 6,389.47 sq ft of carpet area, with a rental rate of approximately Rs. 227 per sq ft.

The lease agreement, registered on December 9, 2025, includes a security deposit of Rs. 87 lakh.

Key Highlights

• Rakesh and Pramila Roshan lease Andheri West commercial space to Fabindia at Rs. 14.5 lakh monthly
• The 6,389 sq ft property includes five parking slots and a five-year lock-in for the owners
• Rent escalates from Rs. 14.5 lakh to Rs. 18.4 lakh per month by the fourth year

“The recent lease transaction between Rakesh Roshan, Pramila Roshan, and Fabindia Limited at De Mall, Andheri West, is a clear indication of the growing interest among celebrities in commercial real estate investments. With a starting rent of Rs. 14.5 lakh per month for 6389.47 square feet of premium retail space, this deal underscores the shift towards securing prime commercial assets as a strategic wealth-building move. Celebrities are increasingly recognising the potential of commercial real estate as a stable and profitable investment avenue, driven by its ability to provide consistent returns and long-term value appreciation,” said Abhishek Kiran Gupta, CEO, CRE Matrix.

Fabindia will also have access to five car parking slots as part of the agreement. The property was officially handed over on September 1, 2025, under a five-year lease term.

Also Read: Hrithik Roshan Buys Multiple Mumbai Offices Worth Rs 28 Crore

The contract outlines a 15-month lock-in period for Fabindia, while Rakesh and Pramila Roshan are bound by a five-year lock-in, ensuring long-term tenancy stability. The rental structure incorporates slab-based escalations: Rs. 14.5 lakh per month in the first year, Rs. 15 lakh in the second year, Rs. 16 lakh in the third year, and Rs. 18.4 lakh per month for both the fourth and fifth years.