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Lease Agreement
Long-term commercial lease
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📄 BASICS
🏢 LESSOR
🏢 LESSEE
🏠 PROPERTY
💰 LEASE TERMS
👁️ Live PreviewA4 Size
━━━ ON STAMP PAPER OF 0.5% of total rent ━━━
LEASE AGREEMENT
This Lease Agreement is executed at Mumbai on 4/5/2026 BETWEEN:
LESSOR:
M/s Property Holdings Pvt Ltd
12, Corporate Tower, Nariman Point, Mumbai - 400021
Represented by: Mr. Suresh Kumar, Director
AND
LESSEE:
Tech Solutions Pvt Ltd
456, Tech Park, Andheri East, Mumbai - 400069
Represented by: Mr. Aditya Sharma, Director
WHEREAS the Lessor is owner of the property described below and has agreed to lease it to the Lessee on terms herein:
SCHEDULE OF PROPERTY:
Office Unit 401, 4th Floor, Business Hub, BKC, Mumbai - 400051
Type: Commercial Office Space | Area: 2500 sq ft
TERMS AND CONDITIONS:
- Lease Period: 5 years commencing from 4/5/2026.
- Monthly Rent: ₹3,00,000/-, payable on 5th of each month.
- Security Deposit: ₹18,00,000 (6 months rent), refundable on termination subject to deductions.
- Rent Escalation: 15% every 3 years.
- Purpose: Commercial Use - Office Operations Only. Property shall not be used for any other purpose.
- Maintenance: Lessee shall pay common area maintenance charges at actual.
- Utilities: Lessee shall pay all utility bills (electricity, water, gas, internet) directly to authorities.
- Subletting: Lessee shall not sublet, assign, or part with possession without prior written consent.
- Alterations: No structural alterations without Lessor's written consent. Reversible improvements with notice.
- Notice Period: Either party may terminate with 90 days written notice.
- Inspection: Lessor entitled to inspect property with 24 hours notice during business hours.
- Renewal: Mutually negotiable on revised terms with 90 days advance notice.
- Registration: Lessee shall bear stamp duty and registration costs.
- Jurisdiction: Disputes subject to courts at Mumbai.
IN WITNESS WHEREOF the parties have signed this Lease Agreement.
LESSOR
Mr. Suresh Kumar, Director
LESSEE
Mr. Aditya Sharma, Director
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