Hrithik Roshan Extends Lease for Commercial Property Project in Pune at ₹6.08 Lakh Per Month

Hrithik Roshan, a well-known Bollywood actor, has renewed the lease for a commercial office space project located in Pune’s World Trade Centre in the EON Kharadi area. This property, spanning 9,209 square feet, will now continue to be leased at ₹6.08 lakh per month, as outlined in the official property registration documents.

The lease agreement was officially signed and registered on February 20, 2025, and outlines several terms, including a security deposit of ₹11.67 lakh. Additionally, the property comes with parking facilities for nine four-wheelers and 18 two-wheelers. This new lease agreement is set to last for 36 months, beginning from September 25, 2024.

As part of the arrangement, there is an annual rent escalation clause that ensures a 5% increase in rent every year. The leased commercial space will continue to be managed by Regus Ruby Business Centre Pvt Ltd, a company specializing in providing flexible office spaces to businesses and entrepreneurs.

Regus has a well-established reputation in the commercial real estate market, offering businesses the flexibility of renting office space without the long-term commitment usually required with traditional leases. This renewal emphasizes the growing demand for premium office spaces in Pune, which has increasingly become a major business hub, especially within sectors such as IT, finance, and manufacturing.

Pune’s strong infrastructure and educated workforce have made it an attractive destination for corporate offices, and the renewed lease is a reflection of this ongoing trend. Over the past few years, the rent for the office space in question has seen a steady increase, further demonstrating the increasing value of the property.

In 2019, the rent was ₹4.55 lakh per month, but as of the latest renewal, it has risen to ₹6.08 lakh per month. This price hike showcases the high demand for commercial office spaces in Pune, which has seen a surge in business activities and corporate expansions. The property market in the region has also witnessed a general upward trajectory, which is evident in the increased lease amount over the years.

The new lease agreement also includes a stamp duty payment of ₹58,500 and a registration fee of ₹1,000, which are part of the typical legal process for property registration in India. Hrithik Roshan’s decision to extend the lease for this commercial property is not an isolated incident. Like many other high-profile celebrities, Roshan has diversified his financial portfolio into real estate, a sector that is often seen as a secure and profitable investment.

Commercial properties, in particular, tend to offer better returns on investment compared to residential properties, as they provide consistent income through business tenants. Additionally, these types of properties are often less susceptible to market fluctuations, offering investors like Roshan long-term financial stability. The actor’s involvement in the real estate market is part of a broader trend where celebrities from the entertainment industry invest in lucrative sectors outside of their primary careers.

Real estate investments, especially in commercial spaces, are attractive because of their stability and high demand. In the case of Hrithik Roshan, his commercial real estate investment in Pune offers him an additional income stream while also contributing to the growth of the city’s business ecosystem.

Experts believe that investing in commercial spaces is a smart choice, particularly for individuals like Roshan, who have the capital to make such investments and a keen understanding of market trends. The high rent paid for the office space in Kharadi indicates that the property is in a prime location, likely situated near major business centers and transport hubs, further adding to its value.

The renewal of the lease also highlights Pune’s increasing importance as a business and technological hub. The city, once known primarily for its educational institutions, has grown rapidly in recent years as a destination for IT companies and startups.

Many large multinational companies and domestic businesses have established a presence in Pune, contributing to the booming demand for commercial real estate. The city’s thriving ecosystem has made it one of the most sought-after locations for companies looking to lease office spaces.

Pune is also seen as a strategic city for businesses due to its proximity to Mumbai, the financial capital of India. It offers businesses a balance between being close to a major metropolitan area while also providing a more affordable cost of living and operational costs.

This factor has attracted businesses from all over the country and abroad, further pushing the demand for quality office spaces. Hrithik Roshan’s continued investment in this sector highlights his strategic approach to real estate, as he capitalizes on Pune’s emerging business growth.

Additionally, Hrithik Roshan is known for his successful ventures beyond the film industry. He launched his own clothing brand, HRx, in 2013, which further underscores his diverse business acumen. His strategic investments in real estate, along with his entrepreneurial ventures in the fashion industry, illustrate his commitment to building wealth and ensuring long-term financial growth.

These investments also reflect the growing trend of Bollywood celebrities using their wealth to diversify into multiple industries, which further solidifies their financial futures. The renewal of the lease for this commercial property in Pune is just one example of how celebrities like Hrithik Roshan are expanding their reach beyond entertainment.

As Pune continues to grow as a business hub, it is likely that more investors, both from within the entertainment industry and beyond, will continue to look for opportunities to invest in the city’s rapidly expanding commercial real estate market. This ongoing demand for office space in Pune is a positive sign for the city’s future growth and its ability to attract top businesses and talent from across India and the world.