NEW DELHI: Madhuri Shankar Dixit has leased a commercial unit in One Lodha Place, Lower Parel, Mumbai, at a starting monthly rent of ₹4.25 lakh.
The unit covers a carpet area of 67.91 sq meters (731 sq ft) and includes one parking space. The deal was registered with a stamp duty of ₹72,600, registration fees of ₹1,000, and a security deposit of ₹17 lakh, as detailed in property registration documents reviewed by Square Yards on the Inspector General of Registration (IGR) website.
Officially registered in March 2026, Square Yards’ analysis indicates that the lease spans 60 months (five years). The monthly rent begins at ₹4.25 lakh for the first year, increasing by 5% to ₹4.46 lakh in the second year, and further rising as follows: ₹4.68 lakh in the third year, ₹4.91 lakh in the fourth year, and reaching ₹5.16 lakh in the fifth year. The total rental value over this five-year term amounts to ₹2.81 crore.
