India, Aug. 23 -- PVR Inox Ltd has taken 43,534 sq ft of retail space in Sky City Mall of Borivali on rent for a period of 15 years from Oberoi Realty, according to property registration documents accessed by CRE Matrix.

PVR has leased the space for a monthly rental of Rs.91.42 lakh or 20% revenue share biannually, whichever is higher, documents show.

A security deposit of Rs.10.97 crore has been paid for the transaction registered on July 9, 2025. The agreement has a 15% security deposit clause every 36 months.

The transaction has a lock-in period of five years, and the rent escalation is 15% every 36 months.

While the PVR Inox was given access for fit-outs in March 2024, the agreement was registered on July 9, 2025, and the rent com...