₹72 Lakh in Advance! Shraddha Kapoor Renews Juhu Apartment at ₹6 Lakh Per Month
₹72 Lakh in Advance! Shraddha Kapoor Renews Juhu Apartment at ₹6 Lakh Per Month
Bollywood Actress Shraddha Kapoor renews her Juhu apartment lease for a year at ₹6 lakh per month, paying ₹72 lakh upfront. Here’s what the deal reveals about Mumbai’s premium rental market.

Table of Contents

  1. Introduction
  2. About the Juhu Real Estate Market
  3. Conclusion
  4. Faq's

Introduction

Actor Shraddha Kapoor has renewed the lease for her apartment in Mumbai's Juhu locality for another year, agreeing to a monthly rent of ₹6 lakh. As per property registration documents, the actress has paid the full annual rent of ₹72 lakh upfront.

Renewal agreement's registration date was February 25, 2026. The apartment is located in the Prime Beach residential building in Juhu and measures approximately 365 square metres, equivalent to around 3,929 square feet.

The leave-and-license agreement is for a tenure of 12 months. The cumulative rental value for the full term stands at ₹72 lakh. The transaction involved a stamp duty of ₹36,000 and registration charges of ₹1,000.

Along with the apartment, the agreement provides access to four basement parking spaces within the building.

The documents further state that in the event of payment default, interest at 18% per annum, compounded quarterly, would apply from the due date until realisation.

Notably, despite rising rental values across Mumbai's premium neighbourhoods, the renewed rent remains unchanged from the earlier agreement.

About the Juhu Real Estate Market

  • Juhu continues to be one of Mumbai's most sought-after residential micro-markets. Known for its premium apartment buildings, sea-facing bungalows and exclusive residential pockets, the locality attracts celebrities, business leaders and high-net-worth individuals.
  • The area benefits from strong connectivity via the Western Express Highway and internal arterial roads such as JVPD. It also offers proximity to both domestic and international terminals of Chhatrapati Shivaji Maharaj International Airport, along with easy access to key commercial hubs including Bandra Kurla Complex, Andheri and Santacruz.
  • Over the years, Juhu has remained a preferred address for several prominent personalities from the entertainment industry.

Conclusion

Shraddha Kapoor's lease renewal highlights the continued strength of Mumbai's premium rental market, particularly in established micro-markets like Juhu. While rentals across the city have seen upward movement, high-value transactions in prime neighbourhoods continue to reflect stability and sustained demand for well-located, spacious residences.

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