Nine-Year Lease Deed Signed for Defence Colony, New Delhi Premises
Advit Jewels has signed a 9-year lease deed for the Upper Ground Floor at D-32, Defence Colony, New Delhi (approx.
- Lease Location
- Upper Ground Floor, D-32, Defence Colony, New Delhi
- Super Built-up Area
- 2,200 sq. ft.
- Carpet Area
- 1,700 sq. ft.
- Lease Term
- 9 years from Aug 01, 2026 to Jul 31, 2035
- Monthly Rent
- ₹8,50,000/- (Years 1–3), ₹9,77,500/- (Years 4–6), ₹11,24,125/- (Years 7–9)
What was shared
Advit Jewels Limited (trading symbol RAMBHAJO) informed the exchanges that it executed a lease deed on 28 September 2026 with Mr. Charanjeet Singh, taking premises on lease for its commercial business activities.
The property
- Upper Ground Floor of property No. D-32, Lala Lajpat Rai Marg, Defence Colony, New Delhi.
- Approximately 2,200 sq. ft. super built-up area and 1,700 sq. ft. carpet area.
Tenure
- Nine years, commencing August 01, 2026 and expiring July 31, 2035.
Rent and deposit
- ₹8,50,000/- per month for Years 1–3.
- ₹9,77,500/- per month for Years 4–6.
- ₹11,24,125/- per month for Years 7–9.
- Security deposit of ₹25,50,000/-, refundable and interest-free.
- Consideration is monetary, in the form of lease rent.
Related party check
The company states the lease is not a related party transaction, and that the promoter, promoter group and group companies have no interest in the counterparty.
Why it matters for investors
The company says the premises will be used solely for its permitted commercial business activities and that the lease will facilitate business operations and expansion in New Delhi. For a retail investor, this is a fixed, long-term operating cost commitment with a built-in escalation every three years, taken on to support a physical presence in a prominent Delhi location. The escalation from ₹8,50,000/- to ₹11,24,125/- per month over the nine-year term is about a 15% step-up at each revision.
Also from Advit Jewels
Advit Jewels Ltd shareholder buys 0.225% stake, holding rises to 6.11%
5 Oct 2026
Shareholders approve Secretarial Auditor for 5 years and Joint Managing Director appointment
29 Sep 2026
More numbers
- Lease periodNine (9) years
- Super built-up areaapproximately 2,200 sq. ft.
- Carpet area1,700 sq. ft.
- Monthly rent, Years 1-3₹8,50,000/- per month
- Monthly rent, Years 4-6₹9,77,500/- per month
- Monthly rent, Years 7-9₹11,24,125/- per month
- Security deposit₹25,50,000/-
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