Overview
- The lease, recorded in March 2026 on Maharashtra’s public registry and reviewed by Square Yards, confirms Dixit as tenant of a One Lodha Place office in Lower Parel.
- The 60‑month agreement starts at ₹4.25 lakh per month and steps up 5% each year to ₹5.16 lakh in year five, bringing the total to about ₹2.81 crore.
- The unit spans 67.91 sq m, or 731 sq ft, includes one dedicated parking space, and was leased from owner Rinku Parikshit Joshi.
- Registry documents list a ₹17 lakh security deposit along with ₹72,600 in stamp duty and ₹1,000 in registration fees.
- Lower Parel’s shift from old mill district to premium office hub, with quick links to BKC, Nariman Point, and Worli, is driving demand for small high‑rent spaces like this.