Offices, warehouses& everythingin between.
We read Mumbai’s commercial property market building by building: leasing, capital markets, valuation and distressed-asset advisory, run from one desk in Andheri East.
Seven advisory lines. One desk.
From a single-floor lease negotiation to a whole-building acquisition or a stalled project that needs unpicking, every mandate runs on the same discipline.
All services
Three sides of the same table.
Which side we act for is agreed in writing before any work starts, and we will tell you if a conflict exists rather than work around it.
Mumbai is not one market.
Six districts, each with its own occupier profile, its own paperwork problems and its own reasons a deal falls over.
Buildings we know from the inside.
A working set of Mumbai commercial landmarks we track: for expiries, tenant movement, compliance status and capital activity.
The full watchlist
Grade A office tower on a raised podium, anchored by global banking occupiers.
Landmark elliptical-cut facade; one of BKC’s most recognisable office addresses.
Commercial tower within the mill-land redevelopment cluster off Senapati Bapat Marg.
Mixed-use tower at the Dadar junction, with commercial floors above retail.
Developer visualisationAmenity-led commercial development on the Andheri–Kurla Road corridor.
Developer visualisationBusiness-park format campus on Andheri–Kurla Road at Marol, our own micro-market.
Sagar Naik
Built on the ground. Proven across the table.
Sagar Naik started the firm after years working Mumbai’s commercial corridors the slow way: walking floor plates, reading approvals files, and negotiating renewals building by building across BKC, Lower Parel, Powai and Andheri East.
The mandates got larger. The method did not change: check the paperwork yourself, and never put a number in a client document you cannot source.
Our story
The tenant who is about to move rarely tells anyone until the decision is already made.
Sagar Naik, Founder · Lower ParelFive stages, no surprises.
An engagement is a sequence, not a sales process. This is the order we run it in, and where you should expect to hear from us.
The full methodBrief
We start with the constraint, not the requirement. Headcount plan, board timeline, capital available, lock-in tolerance: the things that decide what is actually signable.
Read
A written view of the relevant micro-markets and the specific buildings worth your time, with the approvals and compliance position on each set out plainly.
Shortlist
Site visits with the questions already prepared. Every option comes back benchmarked against comparables we can source, with the weak spots named.
Negotiate
Letter of intent through to registered document. Rent is one line. Escalation, lock-in, exit, expansion rights and the maintenance definition decide what the deal is actually worth.
Stay
Fit-out coordination, handover checks, and a diarised expiry calendar, so the next decision starts early instead of arriving as a deadline.
Most of what decides a Mumbai property deal is not in the brochure. It is in the approvals file, the expiry calendar and the maintenance clause.
Commercial property in India runs on information that is technically public and practically hard to assemble: sanctioned plans, occupancy certificates, registered agreements, society records. None of it is secret. All of it takes someone willing to go and look.
That is the whole business. We do not publish a quarterly outlook and we do not have a research desk producing headline numbers. What we have is a habit of checking the specific building in front of us, and telling clients plainly what we found, including when the answer is that the deal is not worth doing.
More on how we workDifferent occupiers fail on different clauses.
A GCC needs expansion rights. A diagnostics chain needs slab height. A studio needs a column-free span. The rent is rarely the hard part.
All sectorsPlain guides for Mumbai office decisions.
Talk to us before your lease decides for you.
Tell us what you are working on: a floor, a building, a portfolio or a problem, and the right person on our desk will come back to you.