Cricketer Virat Kohli has secured a substantial 18,430 square feet office space in Gurugram through a leasing agreement with corporate entity Maynd Integrated Solutions. Insights gleaned from real estate data analytics firm CRI Matrix reveal that the annual rent for this expansive workspace is a notable INR 1.27 crores.Per information sourced from MoneyControl, Kohlis office footprint extends across 12 individual spaces, collectively spanning the constructed area of 18,430 square feet within the Reach Commercial Corporate Tower situated in Sector 68, Gurugram. The financial commitment involves a monthly rent of INR 8.85 lakhs, with Kohli pledging to uphold the lease for a substantial nine-year duration, accompanied by an annual rent escalation of 6 percent.The intricate details of the transaction encompass a registration fee, incorporating a payment of INR 50,010, alongside a stamp duty amounting to INR 3.83 lakhs. Maynd Integrated Solutions Private Limited, headquartered in Delhi, stands as the counterpart in this noteworthy deal. Facilitating this transaction for the cricket luminary is registered General Power of Attorney Vikas Kohli, who notably doubles as Virats brother.This comprehensive office space arrangement, inked on June 22, 2023, encompasses provisions for stamp duty and registration, with the finalization of associated documents expected to conclude by March 2024.The initial lease rate for the office spaces stands at INR 48 per square foot, further accentuated by a security deposit totaling INR 57.19 lakhs. Remarkably, the documentation unveils that the leased premises boast an accompanying 37 parking slots, further augmenting the appeal of Kohlis corporate real estate venture.
