Home / Business and Economy / Fabindia Leases Prime Mumbai Retail Space for ₹14.5 Lakhs
Fabindia Leases Prime Mumbai Retail Space for ₹14.5 Lakhs
11 Dec
Summary
- Fabindia secured 6,389 sq ft retail space in Andheri West, Mumbai.
- The lease is for 60 months with a starting monthly rent of ₹14.5 lakh.
- The property is owned by Bollywood filmmaker Rakesh Roshan and Pramila Roshan.
Fabindia has leased a prime retail space of 6,389.47 sq ft in Andheri West, Mumbai, marking a significant expansion in the city's western suburbs. The lease, secured for a 60-month period, commences with a monthly rent of ₹14.5 lakh, with planned escalations over the five years. This premium property on Veera Desai Road is owned by the noted Bollywood filmmaker Rakesh Roshan and his wife, Pramila Roshan.
The agreement, registered on December 9, 2025, includes provisions for five car parkings and a security deposit of ₹87 lakh. The rental structure shows increases from ₹14.5 lakh in Year 1 to ₹18.4 lakh in Years 4 & 5. This move underscores the sustained demand for high-quality retail spaces from national lifestyle brands in Mumbai.
In related news, Rakesh Roshan and Pramila Rakesh Roshan recently acquired five commercial office units in Andheri for ₹19.68 crore, further consolidating their real estate presence in the area. The connectivity of Andheri East, with its excellent transport links, makes it a highly desirable location for businesses.
