12 December 2025, Mumbai
Prominent Indian lifestyle and apparel retailer, Fabindia has signed a significant five-year lease for a premium retail location in Mumbai's western suburbs. The new store will be situated in De Mall on Veera Desai Road in Andheri West.
According to data provided by CRE Matrix, a real estate data analytics firm, Fabindia has leased a substantial area totaling 6,389.47 sq ft (carpet area).
Owned by Bollywood filmmaker Rakesh Roshan and Pramila Roshan, the space was registered on December 9, 2025, listing Fabindia as the licensee. The starting monthly rent for the space will be Rs 14.5 lakh and a security deposit of Rs 87 lakh. The deal includes five car parking spaces.
The total lease period is 60 months (five years). Fabindia has a 15-month lock-in period, while the licensors (the owners) have a 60-month lock-in.
This lease transaction highlights yet another notable retail expansion within Mumbai's western suburbs, indicating sustained strong demand from national lifestyle brands for large, high-quality commercial spaces, even amid rising rental rates.
