Playback singer Sonu Nigam has leased out a commercial property in Mumbai’s Santacruz East for five years at a cumulative rental value exceeding ₹12.61 crore, according to property registration documents reviewed by SquareYards. The office space, located in the Trade Centre BKC building, spans 4,257 sq ft and was leased to Pattni Hospitality, the operator of Downtown 29 café and bar. The agreement was officially registered on December 2, 2025.
Lease details and financial components
As per the documents, the deal attracted a stamp duty payment of ₹3.27 lakh and a registration fee of ₹1,000. The tenant has also deposited a security amount of ₹90 lakh. The lease agreement outlines a structured annual rental escalation, beginning with ₹19 lakh per month in the first year and increasing at defined intervals over the tenure.
SquareYards’ analysis indicates that the rent will rise to ₹20 lakh in the second year, reflecting a 5.26% increase. From the third year onward, the rent will escalate by 5% annually—₹21 lakh in the third year, ₹22.05 lakh in the fourth year, and ₹23.15 lakh in the fifth year. Over the five-year period, the total rental outflow is calculated at ₹12.62 crore.
A query has been sent to Pattni Hospitality, and the report will be updated when a response is received. Sonu Nigam could not be contacted for comment.
Growing celebrity interest in Trade Centre BKC
This commercial building has recently attracted multiple high-profile buyers from the entertainment industry. Playback singer Kailash Kher purchased an office in the same building on November 7, 2025, for ₹10.5 crore, as confirmed by documents accessed via Propstack.
Kher’s office, measuring 2,619 sq ft of carpet area, is situated on the 7th floor of Trade Centre BKC. The seller was N&T Family Private Trust, previously known as IL&FS Trust Company Ltd. The transaction incurred a stamp duty exceeding ₹63 lakh and a registration fee of ₹30,000.
Mumbai’s commercial real estate sees steady demand
The leasing and purchase activity by well-known personalities highlights the sustained demand for premium commercial real estate in Mumbai, especially in business-centric pockets such as the Bandra-Kurla Complex (BKC) and surrounding areas. Despite broader economic uncertainties, the city’s office market continues to display resilience, supported by long-term lease commitments, grade-A infrastructure, and favourable corporate location preferences.
Industry observers suggest that celebrity investments contribute to the micro-market’s visibility while underlining its positioning as a robust real estate destination. With floor spaces suited for hospitality, corporate offices, and media-related ventures, Trade Centre BKC has emerged as a preferred choice for several high-value deals in recent months.
Conclusion
Sonu Nigam’s leasing of a large office space in Santacruz East adds to the string of celebrity-driven real estate activities in Mumbai. As commercial hubs evolve and demand for premium office spaces remains steady, such transactions continue to reinforce the city’s position as one of India’s most dynamic property markets.