In a notable deal in Mumbai, the filmmaker Rakesh Roshan and his wife Pramila Rakesh Roshan have leased out a prime retail space in Andheri West to Fabindia Limited. The deal that was registered on December 9, 2025, is a reflection of a new trend of high-value celebrity investments in the commercial areas of the city and the increasing demand of well-known brands for premium high-street locations.
The property located at De Mall, Veera Desai Road has a carpet area of 6,389.47 sq ft. Fabindia will pay a monthly rent of ₹14.5 lakh in the first year which comes to roughly ₹227 per sq ft—one of the highest rental rates for this micro-market. The contract includes a security deposit of ₹87 lakh and allows the tenant to five car parking spaces devoted to them. As per the records accessed by CRE Matrix, one can say that the issuance of the place to Fabindia took place on 1st September 2025, well in advance of the registration day.
The lease will last for five years and the rent will be increased gradually. The monthly rent will be ₹14.5 lakh after the first year of the rent, it will be ₹15 lakh in the second year and ₹16 lakh in the third year. The rent will be increased to ₹18.4 lakh per month in the fourth and fifth years. One thing which is particularly fascinating about the lock-in deal is that Fabindia has a 15-month lock-in while the Roshan family has agreed to a five-year lock-in, thus showing their long-term commitment and the stability of the tenancy arrangement.
Industry experts see the deal as another sign of the celebrity capital that is increasingly being invested in commercial real estate to achieve stable, yield-driven returns. According to Abhishek Kiran Gupta, CEO of CRE Matrix, the Roshan–Fabindia agreement is a clear indication of the trend hight-net-worth individuals show as they decide to significantly shift a larger portion of their portfolios towards income-producing properties. He gave an example saying that such premium leasing deals signal trust in Mumbai's retail market, particularly in mature neighborhoods like Andheri West where footfall, connectivity, and brand visibility are at their best.
The transaction also follows a line of property purchases by the Roshan family in recent times. In November 2025, Rakesh and Pramila Roshan purchased a pack of five commercial office units for ₹19.68 crore in Vaidya West World One Aeropolis in Andheri. The deal covered an area of over 7,500 sq ft of carpet and included 10 parking slots. A few months earlier, in July 2025, Hrithik Roshan and Rakesh Roshan through HRX Digitech LLP, acquired three office units worth ₹31 crore in the Boomerang commercial complex in Chandivali, Andheri East—another well-established commercial hub that has attracted global tenants, including Elon Musk’s Starlink Satellite Communications India.
The Andheri East–West real estate belt, in general, is still one of the most vibrant commercial markets of Mumbai because of its connectivity via the Western Express Highway, the Mumbai Metro, Jogeshwari–Vikhroli Link Road, and the suburban railway network. The area is home to an extensive concentration of business parks, IT hubs, hospitality assets, and high-street retail destinations, thereby making it the most suitable place for both well-established brands and new-age enterprises seeking visibility and accessibility.
Fabindia and other similar brands expanding their presence in strategic pockets, and celebrity investors participating in high-value commercial transactions. In such a scenario, the logical outcome is that Andheri West is not only continuing to strengthen its position as one of the most vibrant micro-markets of real estate in Mumbai but also as one of the most dynamic ones.
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