Sara Ali Khan and Amrita Singh Lease Their Andheri West Office to a Bengaluru AI Firm
Two Properties, Two Deals, One Week
October 2026 has been an unusually active month for Khan family property registrations. Within days of Saif Ali Khan’s Kanakia Wall Street office lease to Durva Fintech making headlines, registration documents sourced by CRE Matrix revealed another deal from the same family circle. Sara Ali Khan and her mother Amrita Singh have leased a commercial office unit in Andheri West to an artificial intelligence and deep-tech studio firm for a starting monthly rent of ₹5.85 lakh. The lease runs for five years, and the total rental commitment across that tenure is expected to reach approximately ₹3.76 crore.
Both deals were registered on the same date, September 29, 2026. And both sit in the same general micro-market of
Andheri, though in separate buildings and with entirely different tenant profiles. The coincidence in timing is striking. What it reflects, more broadly, is a family that has been quietly and consistently building a well-structured commercial real estate income stream across multiple properties.
The Property: Signature Building, Veera Desai Road
The office space in question occupies a unit inside the Signature building on Veera Desai Road in Andheri West. The RERA carpet area of the unit measures 2,545 square feet, which is a functional but compact floor plate suited for a growing technology firm that needs a professional Mumbai presence without committing to the floor space or price point that larger Grade-A buildings in BKC or Lower Parel would demand.
Veera Desai Road is a well-established commercial address within Andheri West. It sits close to the intersection of the western suburbs’ creative, technology, and entertainment industries, attracting a mix of production companies, digital agencies, fintech startups, and now an AI studio. Connectivity to the Western Express Highway and the Link Road system makes it accessible for employees commuting from both the northern and southern stretches of the western suburbs.
Interestingly, this is not the first notable real estate transaction linked to the Signature building on Veera Desai Road. Sara Ali Khan and Amrita Singh had previously purchased two commercial office units in the same building for ₹22.26 crore in October 2024. The current lease is the income layer being added on top of that earlier acquisition, completing the buy-to-lease cycle that increasingly defines how well-advised celebrity real estate portfolios are being managed.
The Tenant: Upsurge Labs LLP
The firm taking the space is Upsurge Labs LLP, a Bengaluru-based artificial intelligence and deep-tech studio. The company’s decision to establish a Mumbai office in Andheri West is consistent with a pattern visible across several technology firms that maintain their engineering and development operations in Bengaluru while extending their client-facing and business development presence to Mumbai, where financial services, media, advertising, and entertainment clients are densely concentrated.
Upsurge Labs represents a category of tenant that is becoming increasingly visible in Mumbai’s mid-tier commercial rental market. AI and deep-tech firms tend to be lean organisations with skilled, well-compensated teams. They typically need quality office environments with reliable infrastructure rather than large floor plates, and they carry the financial profile to sustain a structured lease with predictable payment behaviour.
The Lease Structure in Detail
The leave and licence agreement was registered on September 29, 2026, with the lease commencing from October 1, 2026, for a full 60-month term running through to September 30, 2031.
The starting monthly rent is fixed at ₹5,85,350, which works out to approximately ₹230 per square foot per month on the RERA carpet area. A security deposit of ₹35,12,100 has been paid upfront, which is equivalent to six months of the opening rent.
The agreement carries a 5 percent annual rent escalation clause throughout the tenure. That escalation structure means the monthly rent climbs each year, and by the time the fifth year is reached, the outgo will be meaningfully above the opening figure. One notable feature of this particular deal is a two-month rent-free window at the start, covering October and November 2026, with rental payments commencing from December 1, 2026. This kind of fit-out period is standard in commercial leases where the incoming tenant needs time to set up the workspace before beginning operations.
What This Adds to Sara Ali Khan’s Growing Portfolio
Sara Ali Khan’s real estate activity over the past two years reflects a considered approach to building income-generating assets alongside a film career that continues to have its commercial highs and lows.
In October 2024, she and Amrita Singh acquired those two commercial units in the Signature building for ₹22.26 crore. Less than two years later, those units are generating structured rental income with a five-year lock-in from a growing technology company. Earlier in 2026, Sara’s Andheri bungalow was leased to a Montessori school for a five-year deal worth ₹4.14 crore. That deal carried a starting monthly rent of ₹6.5 lakh with its own annual escalation built in.
Between the bungalow lease and this Veera Desai Road office deal, Sara Ali Khan’s directly attributable rental income now runs above ₹12 lakh per month. That is a meaningful and growing income stream from assets that remain in her ownership throughout.
The Broader Picture: Andheri West Keeps Delivering
Andheri West’s commercial rental market has demonstrated consistent transactional activity throughout 2025 and 2026. Average commercial office rents in the belt have been hovering around ₹200 to ₹240 per square foot per month for mid-tier spaces, with premium buildings commanding higher rates. The ₹230 per square foot per month on this deal sits comfortably within that range, suggesting neither an aggressive premium nor a discount was applied, just a clean, market-aligned transaction between a motivated landlord and a quality tenant.
For technology and AI firms increasingly choosing to plant a Mumbai presence, Andheri West on Veera Desai Road continues to offer the right combination of brand address, accessibility, and pricing that larger commercial districts simply cannot match at this scale.
Summary
Sara Ali Khan and Amrita Singh’s five-year lease of their 2,545 sq ft Andheri West office in the Signature building on Veera Desai Road to Bengaluru-based AI studio Upsurge Labs LLP at ₹5.85 lakh monthly is a clean, well-structured commercial property deal that adds ₹3.76 crore in total rental income to a portfolio that has been built with growing deliberateness. Coming days after Saif Ali Khan’s Kanakia Wall Street lease to a fintech firm, it reflects a Khan family approach to commercial real estate in Mumbai’s Andheri corridor that is increasingly defined by buy-to-lease discipline rather than passive asset holding.
