Indian actor R. Madhavan and spouse Sarita have given on hire a co-owned residential condominium situated in Mumbai’s Bandra Kurla Advanced for a beginning month-to-month hire of Rs. 6.50 lakh, in line with property registration paperwork reviewed by actual property platform squareyards.com on the web site of the Inspector Basic of Registration (IGR). The go away and license settlement was formally registered in June 2025.
R. Madhavan and spouse Sarita hire out BKC condominium value Rs 17.5 crores; flat to fetch estimated Rs 1.6 crores rental earnings over 2 years
Bandra Kurla Advanced (BKC) is a deliberate industrial hub in Mumbai, developed to ease congestion in conventional enterprise districts. It hosts a focus of economic establishments, multinational firms, and consulates, making it one of many metropolis’s most sought-after workplace markets. Whereas primarily industrial, the encircling areas have seen high-end residential growth pushed by proximity and infrastructure. Sturdy connectivity and constant demand proceed to maintain property values elevated throughout segments.
Based on property registration paperwork accessed by Sq. Yards, R. Madhavan and his spouse Sarita have rented out a residential unit situated in Signia Pearl, Bandra Kurla Advanced. The rental settlement features a safety deposit of Rs. 39 lakh and was registered with a stamp responsibility of Rs. 47,000 and registration expenses of Rs. 1,000.
As per Sq. Yards’ evaluation, the lease tenure spans 24 months (two years), ranging from the primary week of June 2025, with a lock-in interval of 16 months. The month-to-month hire begins at Rs. 6.50 lakh within the first 12 months and escalates by 5% to roughly Rs. 6.83 lakh within the second 12 months. Over the complete time period, the cumulative rental worth is estimated at roughly Rs. 1.60 crore.
Madhavan and his spouse acquired this property—measuring 388.55 sq. m. (~4,182 sq. ft.)—for a complete worth of Rs. 17.50 crore in July 2024. Primarily based on the agreed rental phrases and acquisition price, the gross rental yield stands at roughly 4.5% for the primary 12 months, rising to round 4.7% within the second 12 months of the lease.
R. Madhavan is an Indian actor and filmmaker identified for his work predominantly in Tamil and Hindi cinema, with appearances in Telugu, Kannada, Malayalam, and English movies as effectively. He established himself with profitable Tamil movies like Minnale (2001), Kannathil Muthamittal (2002), Anbe Sivam (2003), and Aaytha Ezhuthu (2004), whereas additionally making a mark in Hindi cinema with notable roles in Rang De Basanti (2006), Guru (2007), and the blockbuster 3 Idiots (2009). As of 2025, Madhavan stays actively concerned in a number of movie initiatives, following his directorial debut with Rocketry: The Nambi Impact.
Additionally Learn: Completely happy Birthday R Madhavan: Celebrating a outstanding 25-year journey in cinema
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