Virat Kohli Leases Office Space In Reach Comercia Tower, Gurugram - ThePropzy

According to recent reports obtained by CRE Matrix, a renowned real estate data analytics firm, Indian cricket superstar Virat Kohli has leased a substantial 18,430 square feet of office space in Gurugram. The space has been rented to Mynd Integrated Solutions, a Delhi-based business organization, for an impressive annual cost of Rs 1.27 crore. This high-profile commercial lease underscores the growing investment interest in premium office spaces within the Delhi NCR region.

Virat Kohli’s Office Space Lease in Reach Comercia Corporate Tower

The official documents indicate that Kohli has leased a total of 12 office spaces, cumulatively covering 18,430 square feet, within the prestigious Reach Comercia Corporate Tower located in Sector 68, Gurugram. The agreement specifies a fixed monthly rental amount of approximately Rs 8.85 lakh, making it a lucrative transaction in the commercial real estate sector.

The lease agreement further reveals key financial details, including the payment of Rs 50,010 in registration fees and a stamp duty payment of Rs 3.83 lakh. Mynd Integrated Solutions Pvt Ltd, the lessee in this transaction, is a well-established firm headquartered in Delhi. Interestingly, Vikas Kohli, Virat Kohli’s brother, played a pivotal role in the deal, serving as the registered General Power of Attorney (GPA) holder for this transaction.

While the official stamp-duty registration was completed on June 22, 2023, details of the deal were only made public in March 2024. At the time of reporting, neither Mynd Integrated Solutions nor Virat Kohli has issued any official statement regarding the agreement.

Terms and Conditions of the Gurugram Lease Agreement

As per the registered documents, the lease carries a security deposit of Rs 57.19 lakh, and the initial monthly rent per square foot is set at Rs 48. The agreement also includes 37 dedicated parking spaces, ensuring adequate facilities for employees and visitors.

The lease is structured for nine years, having commenced on March 28, 2023, with rental payments starting from July 1, 2023. Additionally, the terms specify an annual rent escalation of 5%, alongside a monthly common area maintenance fee of Rs 14 per square foot.

Virat Kohli’s Other High-Value Real Estate Investments

Apart from his commercial lease in Gurugram, Virat Kohli has been actively expanding his real estate portfolio. In October 2022, the former Indian cricket team captain and his wife, actress-producer Anushka Sharma, rented a luxurious sea-facing apartment in Mumbai’s upscale Juhu locality. The flat, located in the prestigious High Tide building, commands a monthly rental of Rs 2.76 lakh, further reflecting the couple’s preference for premium properties.

In addition to their Mumbai residence, Kohli and Anushka made headlines in September 2022 when they acquired a sprawling 3,350-square-meter land parcel in Alibaug’s Zirad village, situated in Maharashtra’s Raigad district. The couple reportedly invested Rs 19.24 crore in securing this prime real estate asset.

Bollywood and High-Profile Figures Investing in Commercial Real Estate

The trend of high-profile personalities investing in commercial real estate has been gaining momentum in recent years. Industry experts from Knight Frank India suggest that celebrities and high-net-worth individuals (HNIs) are increasingly attracted to commercial properties due to their higher rental yields compared to residential real estate.

For instance, Bollywood megastar Salman Khan leased out a massive 27,650 square feet of space spread across four floors in Mumbai in 2022. The tenant, TNSI Retail Private Ltd, a Future Retail Ltd subsidiary, reportedly pays a staggering Rs 89.6 lakh per month for the lease.

Similarly, renowned filmmaker Karan Johar has also capitalized on the commercial real estate boom. In 2021, he leased out two business premises under the Dharma Productions banner, securing monthly rentals of Rs 17.56 lakh and Rs 6.15 lakh, respectively.

Growing Demand for High-Value Commercial Real Estate in Delhi NCR

The Delhi NCR region, particularly Gurugram, has witnessed a surge in big-ticket commercial real estate transactions. Investors and business tycoons continue to seek premium office spaces and luxury residences in this booming market.

In January 2024, Smiti Agarwal, director of Wesbok Lifestyle Pvt Ltd and wife of V Bazaar CMD Hemant Agarwal, acquired a high-end apartment at The Camellias by DLF in Gurugram for an astounding Rs 95 crore.

Further highlighting the demand for ultra-premium real estate, Vasudha Rohatgi, wife of former Attorney General of India Mukul Rohatgi, made headlines in February 2023 when she purchased an 18,900-square-foot bungalow in Delhi’s exclusive Golf Links area for a whopping Rs 160 crore.

The luxury real estate segment in Gurugram has also seen landmark transactions in the secondary market. In October 2023, an opulent 11,000-square-foot condominium at The Camellias by DLF on Golf Course Road changed hands in a resale deal valued at over Rs 100 crore.

The Rising Appeal of Commercial Real Estate Investments

Real estate analysts emphasize that commercial properties continue to offer significantly higher rental yields than their residential counterparts. This key factor has been instrumental in attracting not only corporate tenants but also affluent investors, celebrities, and business magnates to the commercial real estate sector.

As demand for premium office spaces and luxury commercial properties remains strong, industry experts anticipate continued growth in high-value transactions within Delhi NCR and other metropolitan hubs across India. 

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Comments

  1. TanbinMarch 24, 2025 at 10:08 PM

    It’s fascinating to see celebrities like Virat Kohli taking strategic steps into the commercial real estate space. His decision to lease office space in Gurugram reflects growing confidence in the region’s business potential. Such high-profile moves often inspire entrepreneurs and investors to explore similar opportunities. For those planning to personalize or enhance their office spaces, working with a trusted remodeling service can make all the difference. R for Remodelers offers top-notch renovation solutions that can help transform any commercial space into a modern, efficient workplace.

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