In a high-profile real estate transaction, Bollywood actor Sohail Khan has leased out a premium commercial property in Mumbai’s upscale Bandra area, securing a substantial rental income over the next five years. According to property registration documents reviewed by Square Yards, the shop has been leased to The Irish House Food and Beverages Private Limited for a monthly rent starting at ₹16.89 lakh.
Prime Location: Gasper Enclave, Bandra
The leased shop is located in Gasper Enclave, one of Bandra’s prime commercial and residential zones. Spanning 119.88 sq. m. (approximately 1,290.57 sq. ft. of built-up area), the property offers a strategic location for retail and hospitality ventures, making it a lucrative spot for tenants like The Irish House.
Deal Highlights:
The lease agreement was officially registered in March 2025, and includes a structured rent escalation. For the first 36 months, the monthly rent remains ₹16.89 lakh, followed by a hike to ₹17.73 lakh for the remaining 24 months.
Real Estate Appreciation
Interestingly, Sohail Khan had originally purchased the property back in April 2009 for ₹3.11 crore. Considering the current leasing value, this move highlights not only the appreciation of real estate in Bandra but also the actor's strategic investment foresight.
Commercial Real Estate in Mumbai
This deal once again underscores the growing demand for premium commercial spaces in Mumbai's high-street locales like Bandra. With popular F&B brands expanding aggressively, locations that offer high footfalls and visibility are commanding impressive lease rentals.
Final Thoughts:
Sohail Khan’s leasing move is a prime example of how real estate can be a powerful wealth-building asset, especially in metropolitan cities like Mumbai. As Bandra continues to thrive as a commercial hotspot, such strategic investments and leases will likely continue to dominate the headlines.
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