Bollywood actor Shahid Kapoor has lately leased his ultra-luxurious residence in Mumbai’s prestigious Three Sixty West, Worli, at an preliminary month-to-month lease of Rs. 20.5 lakh, a determine that may enhance to Rs. 23.98 lakh over the subsequent 5 years.
Shahid Kapoor leases Rs. 58.6 cr price Mumbai residence for Rs. 20.5 lakh month-to-month lease
In accordance with Sq. Yards, the expansive property provides a carpet space of 5,395 sq. ft. (~501.21 sq. m) and a built-up space of 6,175.42 sq. ft. (~573.78 sq. m), together with three devoted automotive parking areas. This upscale residence, collectively bought by Shahid and Mira Kapoor for Rs. 58.6 crore in Might 2024, sits inside Oberoi Realty’s elite improvement unfold throughout 1.58 acres and that includes 4 and 5 BHK ready-to-move-in flats.
The lease, registered in November 2024, spans a 60-month tenure and consists of an upfront safety deposit of Rs. 1.23 crore. The settlement additionally contains a distinctive rent-free interval for the preliminary 10 months. Per Sq. Yards, the property is predicted to yield a formidable gross rental return of 4-5%, including worth to Kapoor’s portfolio.
By leasing out his Three Sixty West residence, Kapoor joins the ranks of Bollywood stars like Kartik Aaryan, Ranveer Singh, and producer Sajid Nadiadwala, who’ve additionally rented out their high-end properties in Mumbai.
On the work entrance, Shahid Kapoor will subsequent star in Deva. He’s additionally reuniting with Vishal Bhardwaj for a gangster drama.
ALSO READ: Shahid Kapoor to play gangster Hussain Ustara in Vishal Bhardwajs subsequent, begins prep: Report
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