2024-09-09 18:44:33
MumbaiAndheri is an expensive suburb area in the country’s financial capital Mumbai. Lotus Developers has a Signature Tower there. This project has one BHK and two BHK apartments as well as some commercial properties. Famous film actor Ajay Devgan has a commercial property in this tower. Ajay Devgan has recently given it on rent for Rs 7 lakh per month.
Live and license agreement was done
According to the information received from Mumbai’s real estate consultancy firm Square Yards, Ajay Devgan has executed a lease deed yesterday i.e. on September 2, 2024. According to the ‘Leave and License’ agreement for this, the monthly rent of the property is Rs 7 lakh. For this, Devgan has also paid stamp duty of Rs 1.12 lakh. It is noteworthy that Devgan’s office space is located in Signature Tower, which has been developed by Lotus Developers.
where is this project
The project where Devgn has leased office space is located along Veera Desai Road in Oshiwara. It is a prime location in the western suburbs of Mumbai. It offers seamless access to major highways, metro station, and is just a short distance from the international airport. This makes it a highly sought-after area for businesses looking for well-connected office space. The area’s vibrant mix of retail, dining, and entertainment options further elevates its status as a business hub.
how big is the space
Square Yards reports that the leased property spans 3,455 sq ft (~321 sq m). It also includes three car parking spaces. According to the agreement, the lease term is five years or 60 months. A deposit of Rs 30 lakh has been paid for this.
Signature Tower is the investment destination of many Bollywood celebrities
It is noteworthy that Ajay Devgan has bought many properties with his wife in this project. Along with this, many Bollywood celebrities including Amitabh Bachchan, Sara Ali Khan and Kartik Aryan have invested in commercial space in Signature Tower. Ajay Devgan is one of the most successful and respected actors of India. He has received two National Film Awards and the prestigious Padma Shri award.