Hrithik Roshan’s parents, veteran filmmaker Rakesh Roshan and Pramila Roshan, have leased out a commercial property in Mumbai to Fabindia Limited at a monthly rent of ₹14.5 lakh, according to documents accessed by CRE Matrix. The transaction highlights the continued demand for well-located commercial assets in Mumbai, particularly from established retail brands seeking high-visibility locations.
The deal adds to growing interest in Hrithik Roshan’s family real estate holdings and further strengthens Mumbai’s position as one of India’s most active commercial property markets.
Key Highlights of the Deal
- Monthly rent: ₹14.5 lakh
- Tenant: Fabindia Limited
- Location: Mumbai
- Property type: Commercial space
The deal reflects how prime commercial properties in Mumbai continue to attract premium rents.
Who Owns the Property?
The commercial asset is owned by Rakesh Roshan and Pramila Roshan, parents of actor Hrithik Roshan, adding another notable entry to recent Rakesh Roshan property news.
Rakesh Roshan and Pramila Roshan’s Real Estate Investment
Beyond their contributions to Indian cinema, the Roshan family has also built a portfolio of strategic real estate assets. The Hrithik Roshan parents’ property reflects a broader trend among high-net-worth individuals and celebrities who prefer income-generating commercial real estate for steady cash flows and long-term appreciation.
Clarity of ownership and the choice of a reputed tenant like Fabindia further enhance the asset’s investment profile.
Fabindia Retail Expansion in Mumbai
Fabindia continues to strengthen its footprint through Fabindia retail expansion in key urban markets. Leasing premium commercial spaces in Mumbai aligns with the brand’s focus on visibility, accessibility, and consistent consumer demand.
Why Mumbai Remains a Prime Market for D2C and Retail Brands
Mumbai commercial property rent levels remain among the highest in the country. Prime high-street locations and established commercial hubs command premium rentals due to limited supply and strong demand. Monthly rents in such areas often range from several lakhs to multi-crore figures, depending on frontage, visibility, and micro-market dynamics.
The ₹14.5 lakh monthly rent in this transaction shows the strong fundamentals and stability of Mumbai’s commercial real estate sector.
Mumbai Commercial Real Estate Rental Trends
Prime high-street locations and key commercial hubs attract premium rents due to frontage, visibility, and strong brand demand. Monthly Mumbai commercial property rent in such areas varies widely based on micro-market dynamics and asset quality.
Average Commercial Rents in Prime Mumbai Locations
Mumbai commercial property rent levels remain among the highest in the country. Prime high-street locations and established commercial hubs command premium rentals due to limited supply and sustained demand. Monthly rents in such areas often range from several lakhs to multi-crore figures, depending on frontage, visibility, and micro-market dynamics.
The ₹14.5 lakh monthly rent in this transaction reflects healthy market fundamentals and underscores the resilience of Mumbai’s commercial real estate sector.
Celebrity-Owned Commercial Property Transactions
Recent celebrity real estate transactions in India continue to draw strong market attention, reflecting evolving investment preferences and confidence in high-quality assets. Often involving prime locations and established occupiers, these deals are closely watched as indicators of broader real estate trends and investor sentiment. In a recent transaction, Preity Zinta sold her luxury Bandra apartment for ₹14.08 crore. In another transaction, comedian Bharti Singh sold her apartment in Goregaon West, Mumbai, for ₹3.75 crore.
Why Celebrity Real Estate Deals Attract Investor Interest
Celebrity-linked property transactions attract attention because they signal confidence in a particular market or asset class. Investors often view such deals as validation of location quality, rental sustainability, and long-term growth prospects.
In this case, the involvement of the Hrithik Roshan family and a strong tenant like Fabindia makes the transaction particularly noteworthy.
What This Deal Indicates for Investors
For investors evaluating commercial property rental opportunities in Mumbai, this transaction reinforces the value of quality assets backed by strong tenants. This is evident through
- Stable rental yields: Long-term leases with established brands ensure predictable income.
- Strong brand tenants: Reputed occupiers reduce vacancy and default risks.
- Demand for high-street commercial assets: Well-located retail properties continue to outperform many other asset classes.
