Sohail Khan Leases Bandra Shop, Secures Rs 10.3 Crore Over Five Years

A Star-Studded Real Estate Move

In the heart of Mumbai’s prestigious Bandra district, a new chapter in celebrity real estate unfolds. Bollywood actor and producer Sohail Khan, brother to superstar Salman Khan, has finalized a lucrative lease deal for his commercial property, further cementing his presence in Mumbai’s dynamic property market.

Bandra: Mumbai’s Celebrity Neighborhood

Bandra is renowned for its blend of heritage charm, luxury residences, and vibrant cultural scene. This neighborhood is a favorite among Bollywood celebrities and high-profile professionals, thanks to its scenic sea views, upscale boutiques, gourmet restaurants, and premium residential projects. Its excellent connectivity via the Western Express Highway, Bandra-Worli Sea Link, and suburban railway lines makes it one of Mumbai’s most desirable addresses.

The Details of the Deal

According to property registration documents reviewed by Square Yards and the Inspector General of Registration (IGR), Sohail Khan has leased his shop in Gasper Enclave to The Irish House Food and Beverages Private Limited. The deal was officially registered in March 2025, marking an important milestone in Bandra’s commercial real estate landscape.

• The shop has a built-up area of 119.88 sq. m. (1,290.57 sq. ft.).
• It was originally purchased by Sohail Khan in April 2009 for Rs 3.11 crore.
• The recent transaction incurred a stamp duty of Rs 2,67,000 and registration charges of Rs 1,000.
• A security deposit of Rs 60 lakh was placed by the tenant.

Structured Rental Income

The current 60-month rental agreement is designed with a structured rent escalation. For the first 36 months, the rent is set at Rs 16,89,000 per month, increasing to Rs 17,73,450 for the next 24 months. Over five years, this arrangement is set to earn Sohail Khan a total of Rs 10.3 crore, highlighting the enduring value of prime Bandra real estate.

About Sohail Khan

Sohail Khan is an accomplished actor, producer, and director in the Hindi film industry. He made his acting debut with Maine Dil Tujhko Diya and has appeared in films like Fight Club, Hello Brother, and Veer. As a filmmaker, he is known for producing hits such as Partner and Jai Ho. His production house, Sohail Khan Productions, is a respected name in Bollywood, and his contributions have been recognized with nominations at the Stardust and Zee Cine Awards.

Bandra: Where Bollywood Meets Realty

This high-profile lease deal not only underscores Bandra’s status as a real estate hotspot but also reflects the growing synergy between Mumbai’s entertainment industry and its property market. As Sohail Khan’s commercial venture flourishes, it adds another layer to Bandra’s legacy as the address of choice for celebrities and investors alike.