Hrithik Roshan Renews Lease for Pune Office at ₹6 Lakh
Bollywood star Hrithik Roshan has renewed his rental agreement for a prime office space in Pune’s rapidly growing Kharadi area, marking another significant milestone in the city’s commercial real estate sector. The 9,209 sq ft office, located in the World Trade Centre within the EON Kharadi business hub, will now be leased at ₹6.08 lakh per month, according to property registration documents.
The renewal comes as part of a 36-month lease agreement registered on February 20, 2025, with the office space leased to Regus Ruby Business Centre Pvt Ltd. The lease’s commencement date is September 25, 2024, and a security deposit of ₹11.67 lakh has been levied on the transaction. Additionally, the agreement includes provisions for a 5% rent escalation each year, underscoring the growing demand for high-quality commercial spaces in the area. Kharadi, once known primarily as an IT hub, has emerged as a prime location for businesses, offering ample opportunities for growth. The area has seen a surge in infrastructure development, attracting a diverse mix of startups, manufacturing companies, and global corporations. The World Trade Centre, where Roshan’s office is situated, serves as a major business centre, housing multinational companies and offering modern amenities for tenants.
The deal reflects Roshan’s ongoing commitment to commercial real estate as a viable investment avenue. Having leased this office to Regus Ruby Business Centre since September 2019, the property has proven to be a long-term asset for the actor. When the initial lease agreement was signed, the monthly rent was ₹4.55 lakh. Over the years, as demand for office space in Kharadi rose, the rent steadily increased, with the amount now set at ₹6.02 lakh for the period of 2023-2024. This lease renewal not only strengthens Roshan’s foothold in the lucrative commercial property market but also highlights a broader trend within the Bollywood community. Several film industry figures, including Amitabh Bachchan, Sara Ali Khan, and Kartik Aaryan, have been investing in commercial spaces across Mumbai and beyond, attracted by the higher returns that such properties offer compared to residential units.
Experts point to the city’s strong business environment, the availability of skilled talent, and its robust infrastructure as key factors driving the growth of commercial real estate in Pune. Harsh Lambah, Country Manager – India and Vice President – Sales at IWG (International Workspace Group), which operates brands like Regus, confirmed the deal and explained that the flexible workspace solutions provided at locations like the World Trade Centre cater to the growing needs of businesses, enabling them to scale efficiently in a rapidly evolving workforce landscape. Lambah added, “Pune’s emergence as a business hub is a testament to the city’s growing appeal among enterprises of all sizes. The region continues to offer a vibrant environment for both established businesses and new startups seeking flexibility and innovation in their office spaces.”
Hrithik Roshan, known for his roles in blockbusters like Koi Mil Gaya and Jodhaa Akbar, is no stranger to entrepreneurship. Besides his real estate investments, he launched his clothing line, HRx, in 2013. His keen interest in property investments aligns with a broader strategy of securing long-term financial growth through tangible assets, capitalising on the increasing demand for premium office spaces. The real estate market in Pune continues to benefit from a combination of factors, including its proximity to Mumbai and its growing status as an IT and educational hub. As more businesses seek to establish a presence in the city, the demand for well-located office spaces like the one leased by Roshan is expected to rise further, adding to the region’s appeal among both local and international investors.
Pune’s continued ascent as a business destination makes it an exciting market for investors looking for sustainable returns. With high-profile figures like Hrithik Roshan leading the way, the city is poised for further commercial real estate growth, contributing to the creation of a dynamic and thriving urban environment.
