Sporta Technologies Private Limited, the parent company of Dream11 which is a fantasy online gaming app, has leased office spaces in the Worli area of Mumbai. As per the property registration documents accessed by CRE Matrix, these multiple office units cover 169,000 sq ft and are leased for over Rs 334 crore for a period of five years. The office units are situated in a building called Ascent Worli by K Raheja Pvt Ltd across 4th, 6th, 7th, and 8th floors and has 135 car parking spaces.

The agreement for this lease was registered on 17th November, 2025 with a stamp duty of Rs 94 lakh, registration fees of Rs 1,000 and a security deposit of over Rs 30 crore paid. The handover date for the fit-outs of the office units is 4th August, 2025 along with the lock-in period for 60-month lease tenure is 36 months.

According to the documents, the monthly rent starting from February 2026 is Rs 5.07 crore which will escalate 4.75% every year. As per the 4.75% escalation, the monthly rent for the following years will be:

• Second year - Rs 5.31 crore

• Third Year - Rs 5.57 crore

• Fourth Year - Rs 5.83 crore

• Fifth Year - Rs 6.11 crore

Dream11's co-founder and CEO, Harsh Anand Jain, purchased a luxury apartment of 9,546 sq ft in South Mumbai's Walkeshwar area in January 2025. According to the property registration documents by IndexTap.com, it is worth more than Rs 138 crore with a stamp duty paid of ₹8.30 crore and six car parking spaces. He purchased this apartment in a luxury project called Lodha Malabar which is constructed by real estate developer Macrotech Developers, also known as Lodha Group.

Worli, located in South Mumbai, continues to thrive and be an attractive locality for different sectors such as technology, financial services and corporate sectors. Known for its high rentals, this locality is considered to be in a strong demand for Grade A office spaces with excellent connectivity and proximity to residential and commercial hubs.

With Sporta Technologies' five year long lease period, it enhances the area's demand because of being Mumbai's prime commercial market. This transaction shows the growing demand for larger and well-managed premium office buildings for efficiency and future stability.