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Sonu Nigam leases Mumbai office for ₹19L/month
Entertainment
Sonu Nigam just signed a five-year lease for a 4,257 sq ft commercial space at Trade Centre BKC in Santacruz East, Mumbai.
He's shelling out ₹19 lakh per month, with a hefty ₹90 lakh security deposit and stamp duty of ₹3.27 lakh.
Rent goes up each year—and the location's prime
The rent isn't staying put: it jumps to ₹20 lakh in year two with an escalation of 5.26% and keeps climbing by 5% every year after—meaning Nigam will pay ₹12.62 crore over five years.
The spot itself is a top pick for businesses thanks to its strong demand from businesses due to its excellent connectivity in Santacruz East.