Virat Kohli Leases Office Space to Mynd Integrated Solutions

In a recent development, cricketer Virat Kohli has reportedly leased out 18,430 square feet of office space in Gurugram to the corporate firm Mynd Integrated Solutions. The annual rental for this space amounts to Rs 1.27 crore, as per documents accessed by CRE Matrix, a real estate data analytics firm.

According to documents cited by Moneycontrol, Kohli has leased a total of 12 office spaces with a combined built-up area of 18,430 square feet in the Reach Comercia corporate tower located in sector 68 of Gurugram. The deal was finalized at a monthly rental of approximately Rs 8.85 lakh.

The transaction involved a stamp duty payment of Rs 3.83 lakh, along with registration fees of Rs 50,010. The lessee, Mynd Integrated Solutions Pvt Ltd, is a Delhi-based firm. Facilitated through Vikas Kohli, the registered General Power of Attorney (GPA) holder for Virat Kohli, who is also his brother.

The stamp-duty registration for the transaction took place on June 22, 2023, but the documents about the deal were not made accessible until March 2024. The initial monthly rent per square foot for the deal is Rs 48, with a security deposit of Rs 57.19 lakh. Additionally, the office spaces come with 37 parking slots.

The lease spans nine years, starting from March 28, 2023, with rental payments commencing on July 1, 2023. Under the agreement terms, there will be a yearly rent escalation of five percent, while the common area maintenance charges amount to Rs 14 per square foot per month.

Recent Big-ticket Deals in Delhi NCR

In recent times, the Delhi NCR region, including Gurugram, has seen significant property acquisitions:

Date Acquirer Property Location Amount
January 2024 Smiti Agarwal Apartment The Camellias by DLF Rs 95 crore
February 2023 Vasudha Rohatgi Bungalow Golf Links, Delhi Rs 160 crore
October 2023 Unnamed Buyer Apartment The Camellias by DLF Over Rs 100 crore

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

In February 2023, Vasudha Rohatgi, the wife of former Attorney General of India Mukul Rohatgi, acquired a bungalow spanning 2,100 square yards (approximately 18,900 square feet) in the upscale area of Golf Links in Delhi, for Rs 160 crore.

Later, in October 2023, an 11,000 square foot apartment at The Camellias by DLF in Gurugram’s Golf Course Road fetched over Rs 100 crore in a resale transaction.


error: Content is protected !!