Saif Ali Khan leases two commercial units in Mumbai for Rs 22.76 lakh monthly rent on a five-year deal, with a security deposit set at Rs 2.36 crore: Report

Saif Ali Khan has given two commercial units in Mumbai on lease for a monthly rent of Rs 22.76 lakh, as per property registration documents. The five-year deal covers 5,692 sq ft of RERA carpet area on Andheri Kurla Road.The documents were accessed by CRE Matrix. They show that the actor bought these units only recently, in November 2025.Details of the lease agreementThe leave and licence agreement was registered on September 29, 2026, and runs from May 10, 2026, to May 9, 2031. The space has been rented to Durva Fintech Private Limited, represented by director Vikaas Mohan Sachdeva, who is the licensee. Khan is the licensor and has acted through his constituted attorney.The units are on a higher floor of Kanakia Wall Street, a building in Chakala, Andheri East. The monthly rent is Rs 22,76,800 for the combined area, which works out to nearly Rs 400 per sq ft per month on the RERA carpet area.Security deposit and rent termsThe agreement has a security deposit of Rs 2.36 crore, which is more than 10 months of the starting rent. The tenant has got a two-month rent-free period from May 10 to July 9, 2026, to complete fit-out work. Rent starts from July 10, 2026, and will go up by 5% every year.Over the 60-month term, the total rent payable comes to a little over Rs 14 crore, without GST.When Saif bought the office unitsThe registration documents show that Khan purchased the two units in November 2025. The Index-II records state that one unit was bought for over Rs 30 crore, taking the combined cost to Rs 30.75 crore. Both purchases were registered on November 18, 2025, from Apicore Pharmaceuticals Private Limited, CRE Matrix said.The area is also seeing other big office deals. Elon Musk’s satellite internet company, Starlink Satellite Communications Private Limited, recently took a 1,294 sq ft office in Mumbai’s Chandivali for five years at a total rent of Rs 2.33 crore.Saif Ali Khan and Durva Fintech Private Limited could not be reached for comment.Saif Ali Khan’s real estate portfolioSaif lives in a luxury apartment in Bandra West. Apart from the Rs 24 crore flat he bought nearly a decade ago in the Satguru Sharan building, he owns other properties in Mumbai too.According to Index-2 documents accessed by IndexTap.com, his apartment of over 6,500 sq ft was bought in April 2012 for Rs 23.50 crore from the developer Satguru Builders.Get the latest Bollywood & Entertainment News, and more. Download the TOI app.Give your child the gift of confidence! Claim your exclusive TOI Masterclass spot today!