Actor Saif Ali Khan Leases Mumbai Office Space for ₹22.76 Lakh Monthly Rent

Actor Saif Ali Khan has leased out two commercial units in Mumbai to a fintech firm for a monthly rent of ₹22.76 lakh. Property registration data accessed by CRE Matrix shows the agreement covers a total area of 5,692 square feet of RERA carpet area on Andheri Kurla Road.

Lease Terms and Rent

The registered leave and licence agreement runs for a tenure of five years, starting from May 10, 2026. The space goes to Durva Fintech Private Limited, with director Vikaas Mohan Sachdeva acting as the licensee. The premises sit on a higher floor of Kanakia Wall Street in Chakala, Andheri East. The monthly rent is set at ₹22,76,800, which comes to about ₹400 per square foot. The tenant provided a security deposit of ₹2.36 crore, which equals more than 10 months of rent. The agreement includes a two-month rent-free period for fit-out work before rent payments begin on July 10, 2026. The monthly rent will increase by 5% every year, taking the total rent over the 60 months to over ₹14 crore, excluding GST.

Property Purchase History

Khan bought the two commercial units in November 2025 for a combined value of ₹30.75 crore from Apicore Pharmaceuticals Private Limited. Index-II records show the units were purchased on November 18, 2025. Nearby in the same area, Elon Musk's Starlink Satellite Communications recently leased a smaller office space in Chandivali. Khan also owns other real estate in Mumbai, including a Bandra West apartment purchased in April 2012 for ₹23.50 crore, and another apartment in the Fortune Heights complex bought in April 2016 for ₹7 crore. Neither Khan nor Durva Fintech could be reached for comment.

Context

Commercial real estate in Mumbai's key business districts often attracts significant investments from high-net-worth individuals seeking steady rental income. High-value property deals involving film stars and corporate tenants are common in commercial hubs like Andheri East. Commercial leases typically include annual rent escalations and security deposits to protect property owners.