Date: September 29, 2026
Lease Agreement Details
Advit Jewels Limited has executed a lease deed with Mr. Charanjeet Singh for commercial premises located at D-32, Lala Lajpat Rai Marg, Defence Colony, New Delhi.
Property Specifications
- Location: D-32, Lala Lajpat Rai Marg, Defence Colony, New Delhi
- Total Area: 2,200 sq. ft. super built-up area
- Carpet Area: 1,700 sq. ft.
- Specific Floor: Upper Ground Floor
Lease Terms
- Lease Period: 9 years
- Commencement Date: August 01, 2026
- Expiry Date: July 31, 2035
- Execution Date: September 28, 2026
Financial Terms
- Monthly Rent Structure:
- Years 1-3: ₹8,50,000 per month
- Years 4-6: ₹9,77,500 per month
- Years 7-9: ₹11,24,125 per month
- Security Deposit: ₹25,50,000 (refundable and interest-free)
- Nature of Consideration: Monetary lease payments
Business Purpose
The leased premises will be utilized solely for carrying out the Company's commercial business activities.
Impact Assessment
The lease deed will facilitate the Company's business operations and expansion in New Delhi.