Nadiadwala Grandson Entertainment Leases Andheri Office Space To Rhea And Dia Enterprises At ₹8.26 Lakh Monthly Rent

· Free Press Journal

Mumbai: Nadiadwala Grandson Entertainment Private Limited has leased its office premises at Lotus Grandeur, off Veera Desai Road in Andheri West, to Rhea and Dia Enterprises Private Limited for a monthly rent of Rs 8.26 lakh, according to data shared by real estate analytics firm CRE Matrix.

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The lease, registered on September 1, 2026, covers office premises Nos. 803 and 804 on the eighth floor of the building. The agreement has a 28-month tenure, with the lease and rent commencing from August 1, 2026.

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Agreement Includes 12-Month Lock-In Period

The tenant has paid a security deposit of Rs 30 lakh and has been allotted two car parking spaces. The agreement carries a 12-month lock-in period, while the rent will increase by 5% every 12 months.

Property taxes and maintenance charges are included in the licence fee and will be borne by the licensor, according to the lease details.

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