The Roshan–Clearsynth Lease: Rent, Escalation and Timeline

Hrithik Roshan has leased roughly 6,000 sq ft of office space in Mumbai's Andheri West to Clearsynth Labs under a five-year commercial agreement, according to property documents accessed by real estate data firm CRE Matrix.

The deal covers seven commercial units on a higher floor of Lotus Nilkamal Business Park on New Link Road, plus seven dedicated parking slots. The rent starts at ₹17 lakh a month for the first three years, from April 1, 2026 to March 31, 2029, and rises to ₹19.55 lakh a month for the final two years through March 31, 2031. Clearsynth Labs has paid a security deposit of ₹68 lakh, and the lease was registered on June 29, 2026.

The transaction is the latest in Roshan's expanding commercial portfolio. Earlier this year he leased a 2,727 sq ft office at Lotus Corporate Park in Goregaon to Vayam Technologies at ₹5.62 lakh a month, and he renewed a 9,209 sq ft office at the World Trade Center in Kharadi, Pune, where Regus Ruby Business Centre pays ₹6.08 lakh a month. Reports suggest companies linked to Roshan have also acquired ten commercial office units in Mumbai for around ₹27 crore.

The Roshan family's commercial holdings remain active too: Rakesh Roshan and Pramila Roshan recently leased a 6,389 sq ft retail property in Andheri West to Fabindia at ₹14.5 lakh a month. Abhishek Kiran Gupta, CEO and co-founder of CRE Matrix, described the Clearsynth deal as evidence of continued demand for premium commercial space in established districts such as Andheri West, where long-term leases with fixed escalations give both owners and occupiers rental visibility.

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Rent Benchmarking and Roshan's Growing Commercial Portfolio

What the Lease Structure Shows

Registered figures make this deal easy to read. The initial rent of ₹17 lakh a month on the 6,000 sq ft area works out to roughly ₹283 per sq ft, while the step-up to ₹19.55 lakh from April 2029 is a pre-agreed rise of about 15% — roughly ₹326 per sq ft. The ₹68 lakh security deposit equals four months of the starting rent. These are institutional-style terms for Mumbai's office market, and their practical value is that they give owners and occupiers on New Link Road a current, registered reference point for rents and lease structures.

A Pattern of Celebrity-Owned Commercial Assets

The lease is another data point in a visible shift: high-net-worth individuals in India's entertainment industry are leaning on commercial property for recurring income. Roshan's earlier leases — Vayam Technologies in Goregaon at ₹5.62 lakh a month and Regus in Pune at ₹6.08 lakh a month — follow the same template of long tenancies with corporate tenants, and the family's Fabindia retail lease in Andheri West extends the approach across the Roshan portfolio. CRE Matrix's Abhishek Kiran Gupta attributes the activity to sustained demand for premium offices in established districts such as Andheri West; Clearsynth Labs' willingness to accept a defined 15% escalation supports that reading, though one lease alone does not prove a market trend.

Using the Roshan–Clearsynth Deal as a Market Benchmark

The registered terms give landlords and occupiers negotiating elsewhere in Mumbai's western suburbs a concrete comparison point.

  • Grade-A office space on New Link Road is being transacted at roughly ₹283 per sq ft a month, stepping up to about ₹326 per sq ft from the fourth year — a reference figure for rent-setting on comparable business parks.
  • Tenants should expect a security deposit of about four months' rent (₹68 lakh against a ₹17 lakh monthly rent in this case) in similar Grade-A deals.
  • The five-year term with a pre-agreed year-four increase shows how owners and tenants in this segment are structuring deals; negotiations should expect both features to be on the table.