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Nadiadwala Grandson Expands Andheri Office in Key Lease Deal
Introduction
Film production houses rarely stay small for long, and their real estate footprints tend to reflect that. The Nadiadwala Grandson Andheri office lease is the latest example, with Sajid Nadiadwala's production company taking two additional office units in Andheri West and paying the entire licence fee of ₹55 lakh upfront.
The Core Details of the Deal
According to property documents accessed by CRE Matrix, Nadiadwala Grandson Entertainment Private Limited has signed a leave and licence agreement with Rhea and Dia Enterprises for two office units, numbered 801 and 802, on the eighth floor of Lotus Grandeur Andheri West. The premises come with two reserved parking spaces, and the agreement was registered on September 21, 2026.
An Unusual Payment Structure
What makes this deal stand out isn't the size, it's how the money moves. The monthly licence fee is fixed at ₹5 lakh, adding up to ₹55 lakh across the 11-month tenure, and the company paid this entire amount in advance on September 16, before the licence period even began. Interestingly, the agreement doesn't follow the conventional security deposit model at all, the upfront full payment effectively takes its place.
Why 11 Months Is So Common
Eleven month terms are a familiar feature of Indian leave and licence arrangements, largely because agreements shorter than twelve months avoid certain registration and stamp duty complexities. For a leave and licence agreement office occupier that may still be figuring out its long-term space needs, this format offers useful flexibility without a heavy multi-year commitment.
A Fit-Out Window Built In
The agreement also includes a fit-out period running from September 21 to October 31, giving the production house time to set up the space before the licence formally begins on November 1. For creative businesses that often need customised layouts for editing rooms, meeting spaces, or writers' desks, that lead time matters more than it might for a standard corporate tenant.
This Isn't Their First Unit in the Building
Here's the detail that gives the story real context. Nadiadwala Grandson already leases two other units, numbers 803 and 804, on the same floor, under a separate 28-month agreement that started on August 1, 2026. That deal carries a monthly licence fee of roughly ₹8.27 lakh with a 5 percent escalation every twelve months, alongside a ₹30 lakh security deposit. This latest transaction brings the company's total presence at the building to four office units.
Comparing the Two Leases
The two agreements make an interesting contrast. The earlier lease runs for a much longer period, at a higher monthly fee, with escalation and a conventional deposit built in. The newer one is shorter, lower priced, and entirely prepaid. Together they suggest a business balancing long-term stability in one part of the floor with flexibility in the other.
Why Veera Desai Road Suits Production Houses
Veera Desai Road commercial real estate has long been associated with Mumbai's entertainment ecosystem. The stretch blends corporate offices, production houses, creative agencies, and residential developments, putting film and media businesses within easy reach of studios, post-production facilities, and talent across Andheri and neighbouring Lokhandwala.
A Wider Property Footprint
Nadiadwala Grandson's property activity extends beyond this building. In October 2025, the company purchased two apartments in Prabhadevi for a combined ₹36.57 crore, including one at Hubtown Twenty Five North priced at ₹18.57 crore. Back in July 2024, it also leased two apartments in Lokhandwala Complex at a monthly rent of ₹1.8 lakh, reflecting a consistent pattern of active, varied property decisions.
What This Says About Andheri's Office Market
For landlords and brokers tracking Andheri, deals like this reinforce steady demand from media and entertainment tenants, a segment that keeps supporting commercial leasing in the western suburbs even during quieter periods for traditional corporate occupiers.
Summary
The Nadiadwala Grandson Andheri office lease adds two more units to the production house's growing presence at Lotus Grandeur Andheri West, now totalling four. With a fully prepaid ₹55 lakh licence, a structured fit-out window, and a location within the established Veera Desai Road commercial real estate belt, this deal highlights how film businesses continue expanding their footprint in Mumbai's creative heartland.
September 28, 2026
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