The manufacturing home behind ‘Welcome To The Jungle’, Nadiadwala Grandson Leisure Non-public Restricted, has entered into a brand new industrial lease in Mumbai’s Andheri West. The corporate has leased two workplace items to Rhea and Dia Enterprises Pvt Ltd for a interval of 28 months, with the entire lease for the tenure amounting to roughly Rs 2.46 crore.
Lease particulars and lease construction
As per property registration paperwork accessed by CRE Matrix, the lease got here into impact on August 1, 2026, whereas the settlement was formally registered on September 1, 2026. The 2 industrial workplace items, situated in Lotus Grandeur, carry an preliminary month-to-month lease of Rs 8.27 lakh.In line with the registered paperwork, the month-to-month licence price is Rs 8,26,875, whereas the safety deposit stands at Rs 30 lakh. The precise carpet space of the leased premises has not been disclosed within the registration paperwork.
Location and facilities
The workplace premises are situated on the eighth ground of Lotus Grandeur and include two automobile parking areas. Andheri West, notably the Veera Desai Highway stretch, is a distinguished industrial hub for manufacturing homes, company places of work and inventive companies, alongside residential developments.
Hire escalation and lock-in interval
The lease settlement features a 5% annual escalation clause. Below the agreed construction, the month-to-month lease will enhance to roughly Rs 8.68 lakh from the thirteenth month and rise additional to round Rs 9.12 lakh through the closing 4 months of the 28-month lease.With these periodic will increase factored in, the cumulative lease payable over your entire lease interval involves roughly Rs 2.46 crore.The settlement additionally features a 12-month lock-in interval, requiring each events to stay dedicated to the lease through the first 12 months. Neither Nadiadwala Grandson Leisure Non-public Restricted nor Rhea and Dia Enterprises Pvt Ltd has commented on the transaction to this point.
A take a look at the manufacturing home’s previous actual property strikes
This isn’t the manufacturing home’s first important actual property transaction in Mumbai. In October 2025, the corporate bought two flats in Prabhadevi for a mixed Rs 36.57 crore, based on paperwork reviewed by Sq. Yards.One of many transactions concerned a 2,390 sq ft condominium, together with a further 208 sq ft space, in Hubtown Twenty 5 North. The Twenty third-floor property was bought for Rs 18.57 crore and got here with two parking areas.Earlier, in July 2024, the corporate had leased two flats in Mumbai’s Lokhandwala Advanced for a month-to-month lease of Rs 1.8 lakh. The settlement, registered on July 26, 2024, lined two flats on the fifteenth ground of a constructing throughout the Inexperienced Acres CHSL advanced in Andheri West, based on information accessed by Zapkey.