Mumbai, actor-turned-entrepreneur Sonu Sood has leased out a prime office space in Trade Centre, Bandra Kurla Complex (BKC), to HDFC Bank, with a starting monthly rent of ₹11.75 lakh. The nine-year lease agreement, officially registered in February 2026, highlights the continuing demand for well-located commercial units in India’s financial hubs.
The leased unit spans 2,700 sq ft of carpet area and includes three dedicated parking slots. The agreement sets the monthly rent at ₹11.75 lakh for the initial three years, with a 15% escalation every subsequent three-year period. A security deposit of ₹70.50 lakh is part of the arrangement, reflecting standard industry practice for high-value commercial leases. Analysts note that such deals, offering predictable long-term income streams, are increasingly attractive to investors seeking stable returns in core urban markets. The property, purchased by Sood in 2012 for ₹24.25 crore, delivers an average annual rental yield of approximately 6.7% over the lease tenure. Industry experts observe that prime BKC locations continue to command strong interest from national and multinational financial institutions, driven by the precinct’s connectivity, infrastructure, and status as Mumbai’s key commercial node.
Senior real estate officials point out that high-quality commercial stock in BKC remains limited, and well-maintained units with ready tenancy potential are increasingly rare. Transactions like Sood’s lease to HDFC Bank underscore the trend of property owners monetising premium assets while banking on institutional tenants’ long-term occupancy stability. Such agreements not only support predictable cash flows for individual investors but also contribute to the efficient utilisation of commercial infrastructure in high-density urban centres. Urban planners emphasise that securing institutional tenants in central business districts can have wider benefits for the city’s urban ecosystem. Concentrated commercial activity in areas like BKC encourages ancillary service growth, improves public transport viability, and reduces the need for commercial sprawl into residential precincts, supporting more compact and sustainable urban development.
Market observers note that long-term leases with periodic escalation clauses provide a hedge against inflation and market volatility, particularly in Mumbai’s high-demand commercial real estate sector. The deal reflects a broader trend of celebrities and high-net-worth individuals diversifying portfolios into institutional-grade commercial assets in metropolitan hubs. For tenants such as HDFC Bank, leasing centrally located, fully serviced offices offers operational efficiency, brand visibility, and access to the city’s financial ecosystem. For owners like Sonu Sood, such transactions represent an effective strategy to optimise asset performance while aligning with city-centre commercial demand dynamics.
Actor Sonu Sood Rents Bandra Commercial Space to HDFC Bank
