Ajay Devgn, considered one of Bollywood’s most bankable stars, has taken a strategic step in actual property by leasing out a business office unit in Mumbai’s bustling Andheri West. According to paperwork reviewed by Square Yards on the Maharashtra authorities’s IGR (Inspector General of Registration) portal, the actor has rented the office space for a five-year interval, set to earn roughly Rs. 3.3 crore over the length of the lease.
Ajay Devgn rents out Mumbai office space for Rs 3.3 Crore over 5 years
The rented property is situated in Signature by Lotus, a business constructing in Andheri West, a locality recognized for its wonderful connectivity to enterprise hubs reminiscent of BKC, SEEPZ, and Lower Parel. The 2,545 sq. ft. office has been leased to Bombay Design Centre Private Limited, with the rental settlement formally registered in May 2025. As per the deal construction, the month-to-month lease is about at Rs. 5.47 lakh for the primary three years, rising to Rs. 6.29 lakh for the remaining two years. The settlement additionally features a safety deposit of Rs. 16.42 lakh. Stamp obligation and registration fees amounted to Rs. 85,500 and Rs. 1,000 respectively.
Devgn had bought three adjoining office models in the identical constructing in April 2023, every measuring roughly 2,545 sq. ft., for a mixed worth of Rs. 30.35 crore—translating to roughly Rs. 10.12 crore per unit. The present rental settlement pertains to considered one of these models. Based on Square Yards’ evaluation, the estimated rental yield on this unit stands at 6.5% for the preliminary three years, growing to about 7.5% over the final two.
While Ajay Devgn is widely known for his intense display presence in movies like Singham, Drishyam, and Tanhaji, he additionally continues to construct a stable off-screen portfolio. With two National Awards and the Padma Shri to his identify, Devgn stays a powerhouse in each cinema and enterprise. His latest movie Raid 2 has hit the screens, whereas Son of Sardaar 2 is at present underneath improvement.
Also Read: EXCLUSIVE: Here’s why Salim Khan is thanked in Raid 2; Raj Kumar Gupta reveals how the legendary author’s suggestion reshaped Ajay Devgn-starrer’s EXPLOSIVE and clap-worthy finale
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