Madhuri Dixit Rents Lower Parel Office at ₹4.25L

Madhuri Dixit, a Bollywood actor, leased a commercial property in Mumbai’s Lower Parel for ₹2.81 crore during a five-year period, according to Square Yards’ study of property registration data.

The lease agreement, published in March 2026 on the IGR website, indicates a beginning monthly fee of ₹4.25 lakh with a planned annual escalation.

The business apartment is situated at One Lodha Place, a famous office site in Lower Parel. The carpet area is 67.91 sq. m. (731 sq. ft.) and contains one parking space.

Starting monthly rent is ₹4.25 lakh.

Lease term: 60 months (5 years).

Security deposit: ₹17 lakhs.

Stamp duty costs ₹72,600.

Registration costs ₹1,000.

The rent follows a consistent 5% annual increase.

Year 1: ₹4.25 lakh per month.

Year 2: ₹4.46 lakh per month.

Year 3: ₹4.68 lakh per month.

Year 4: ₹4.91 lakh per month.

Year 5: ₹5.16 lakh per month.

This raises the total rental outflow to around ₹2.81 crore during the lease term.

Lower Parel, once an industrial hub, is now one of Mumbai’s most sought-after real estate micro-markets. Its popularity stems from a combination of business infrastructure, lifestyle amenities, and connectivity.

The area provides easy access to significant business centers such as Bandra Kurla Complex, Nariman Point, and Worli, making it a popular choice among corporate tenants.

It is also home to iconic shopping and lifestyle hotspots such as High Street Phoenix and Palladium, as well as a concentration of financial institutions and business headquarters.

Madhuri S Dixit Nene and her husband Dr. Shriram Madhav Nene sold their luxury flat in Juhu in December 2025 for Rs. 3.9 crore, according to property documents obtained by CRE Matrix, a data-driven real estate consulting organization.

The Nenes bought the flat for Rs 1.96 crore in June 2012, resulting in a roughly 100% gain over 13 years notwithstanding Juhu’s continued attractiveness to premium residential buyers. The transaction demonstrates consistent interest in Mumbai’s posh western suburbs, where celebrity-owned residences frequently attract exorbitant premiums.

In December 2024, Madhuri Dixit rented a house in Mumbai’s Andheri West district to Karamtara Engineering Pvt Ltd for ₹3 lakh per month for two years, according to Propstack documents.