World · India Bureau
Actor Ronit Roy Signs Five-Year Mumbai Office Lease Worth Rs 1.39 Crore
The veteran actor has committed to a commercial office space in Mumbai with a monthly rental of Rs 2.1 lakh. The lease agreement includes annual rent escalation and spans a 60-month period.
LSN India ·
Actor Ronit Roy has entered into a five-year commercial office lease in Mumbai, with the total contract value pegged at Rs 1,39,24,584, according to property records. The arrangement stipulates a monthly rent of Rs 2.1 lakh, making it a substantial commitment over the tenure of the agreement.
As per the lease terms, Roy is required to deposit a security amount of Rs 6.5 lakh against the rental obligation. The lease structure includes an annual rent escalation clause set at 5 percent, which will see the monthly outgo increase incrementally over the 60-month duration.
The total rental payable across the five-year period amounts to Rs 1,39,24,584. Such commercial office spaces in Mumbai typically cater to professionals requiring dedicated working environments for business operations and administrative functions.
Roy, a prominent figure in Indian television and cinema, has maintained active involvement in entertainment ventures. The lease arrangement underscores continued business activities requiring formal commercial office infrastructure in the financial capital.