US Firm Eldridge's India Arm Signs 64 Crore Office Lease in Mumbai's Goregaon for Five Years
Mumbai, March 3, 2026: US-based Eldridge's Indian arm, EISV Pvt Ltd, has leased 33,000 sq ft in Mumbai's Goregaon from Oberoi Realty for a total rent exceeding 64 crore over five years, according to property registration documents accessed by Propstack .
Lease Details
The asset management and insurance holding company leased the commercial space in Oberoi Realty's Commerz III building on the Western Express Highway in Goregaon East. The space spans 33,065 sq ft of carpet area and is located on the building's fourth floor .
The starting per-month rent is 1.01 crore for the first 36 months, and 1.17 crore for the remaining 24 months . The company paid a security deposit of 9.17 crore, with a lock-in period of 60 months .
The commercial office space has been leased along with 33 car parking spaces, and additional car parking spaces will be made available at a monthly rate of 6,000 per car .
About Eldridge
Eldridge is a US-based asset management and insurance holding company with investments across insurance, credit, real estate, technology, and gaming sectors. The company's investment in Mumbai office space reflects continued confidence in India's commercial real estate market and the city's position as a key business destination .
Oberoi Realty's Commerz III
Commerz III is part of Oberoi Realty's commercial development along the Western Express Highway, a prime office corridor in Mumbai's western suburbs. The building offers Grade A office space with excellent connectivity to the airport, business districts, and residential catchments .