Archive · 6 Sep 2026
Conflicting Reports Detail Nadiadwala Andheri Office Lease
Two reports describe a rental agreement for two offices in Andheri West, Mumbai.
The offices are in a building called Lotus Grandeur.
Both reports give the starting monthly rent as about ₹8.26 lakh.
The agreement lasts for 28 months and began on August 1, 2026.
It was registered on September 1, 2026.
The tenant paid a ₹30 lakh security deposit and received two parking spaces.
The rent is set to rise by 5% every 12 months.
However, the reports disagree about which company is renting the offices to the other.
One says Nadiadwala Grandson Entertainment is the landlord, while the other says it is the tenant.
The reports describe a 28-month lease involving Nadiadwala Grandson Entertainment and Rhea and Dia Enterprises at Lotus Grandeur in Andheri West, Mumbai.
One report says Nadiadwala Grandson Entertainment leased premises Nos. 803 and 804 to Rhea and Dia Enterprises for ₹8.26 lakh per month.
Another report says Nadiadwala Grandson Entertainment took the same two office units on lease from Rhea and Dia Enterprises.
The agreement reportedly began on August 1, 2026, and was registered on September 1, 2026, with a ₹30 lakh security deposit and two parking spaces.
The lease includes a 12-month lock-in period and a 5% rent increase every 12 months; one report estimates total rent at approximately ₹2.46 crore.
- Who
- Nadiadwala Grandson Entertainment Private Limited and Rhea and Dia Enterprises Private Limited; the reports disagree over which company is the landlord and which is the tenant.
- What
- A 28-month lease for office premises Nos. 803 and 804, with an initial monthly licence fee of ₹8,26,875.
- When
- The lease began on August 1, 2026, and the agreement was registered on September 1, 2026.
- Where
- Lotus Grandeur, off Veera Desai Road, Andheri West, Mumbai.
- Why
- The articles do not state the reason for the lease.
Report One
Report Two
Identity of the landlord and tenant
Report One
The first report says Nadiadwala Grandson Entertainment Private Limited leased its office premises to Rhea and Dia Enterprises Private Limited.
Report Two
The second report says Nadiadwala Grandson Entertainment Private Limited took the two office units on lease from Rhea and Dia Enterprises Private Limited.
Financial description
Report One
The first report emphasizes the ₹8.26 lakh monthly rent, security deposit, lock-in period and escalation terms.
Report Two
The second report calculates total rent of approximately ₹2.46 crore over the 28-month term, accounting for scheduled increases.
- Premises
- Office units Nos. 803 and 804 on the eighth floor
- Initial monthly fee
- ₹8,26,875
- Lease tenure
- 28 months
- Total rent estimate
- Approximately ₹2.46 crore, according to one report
- Security deposit
- ₹30 lakh
- Lock-in period
- 12 months
- Rent escalation
- 5% every 12 months
- Parking
- Two car parking spaces
