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Sonu Nigam has leased a 4,257 sq ft commercial unit in Trade Centre BKC, Santacruz East, under a five-year agreement that begins with a monthly rent of INR 19 lakh. The contract includes annual escalations-5.26% in the second year and 5% thereafter-taking the rent to INR 23.15 lakh in the final year. Total rental income over the term is estimated at INR 12.62 crore. The deal, registered in December 2025, involved stamp duty of INR 3.27 lakh and a security deposit of INR 90 lakh. Located in a well-connected business hub, the property reflects a broader trend of celebrities leasing premium commercial assets for steady income growth.
Documents on record show that Sonu Nigam has leased a commercial property measuring 4,257 sq ft in Mumbai's Trade Centre BKC, Santacruz East, under a five-year rental contract. The initial monthly rent is fixed at INR 19 lakh for the first year, with a 5.26% increase in the second year, followed by a 5% hike every subsequent year. Accordingly, the rent will rise to INR 20 lakh in the second year, INR 21 lakh in the third, INR 22.05 lakh in the fourth and INR 23.15 lakh in the final year. Over the lease period, the total rental income is estimated at INR 12.62 crore. Advertisement
The registered deal required a stamp duty payment of INR 3.27 lakh and a nominal registration charge, along with a substantial security deposit of INR 90 lakh. The agreement was formally recorded in December 2025, making the lease legally binding with full documentation on record.
The Trade Centre BKC in Santacruz East offers strong connectivity and favourable infrastructure, lying close to key commercial and business hubs, major transport corridors, and the city's airport. This makes it a desirable address for enterprises seeking access to Mumbai's prime commercial network.
This transaction reflects a broader trend of high-net-worth individuals and celebrities monetising prime real estate assets by leasing them to commercial entities. The structured rent escalations also offer the owner steady revenue growth over the lease tenure, making such deals attractive in an appreciating real-estate market.
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