Sohail Khan has leased out his commercial property in Bandra to The Irish House Food and Beverages for a monthly rent of 16.89 lakh. The 1,290.57 sq ft retail space, located in one of Mumbai’s most sought-after areas, was officially registered in March 2025. The agreement also requires a security deposit of Rs. 60 lakh.

The lease transaction incurred a stamp duty of Rs. 2.67 lakh and registration charges of Rs. 1,000. Sohail Khan had initially purchased the property for Rs. 3.11 crore in April 2009, and it has significantly appreciated in value since then.

Bandra: Mumbai’s Commercial Hotspot for High-End Retail

Bandra, often called the 'Queen of Suburbs,' has long been one of Mumbai’s premier locations for both residential and commercial properties. Known for its combination of heritage charm and modern appeal, Bandra has become a prime destination for retail businesses and high-net-worth individuals.

With excellent connectivity to key commercial districts such as BKC, Lower Parel, and Andheri, Bandra offers a strategic location for businesses seeking visibility and high footfall. The area’s upscale shopping outlets, trendy restaurants, and vibrant atmosphere continue to attract both local and international brands, solidifying its place as a commercial hub.

The lease of Sohail Khan's property highlights the increasing demand for premium retail spaces in Bandra. With its prestigious address and high-profile location, the shop is expected to perform well under The Irish House’s operations. As Mumbai’s retail landscape evolves, Bandra remains one of the city’s most sought-after areas for businesses and investors.