Shahid Kapoor, Mira Kapoor Rent Out Their Luxury Worli Apartment For 5 Yrs, ₹20 Lakh Per Month Rent And ₹1.23 Cr Security Deposit

Credits: Wikimedia Commons

Shahid and Mira Kapoor let their Worli flat for ₹20 lakh monthly to D'Decor executive Dipan Bhuptani.

Toll Collection Resumes

Credits: Wikimedia Commons

The 5,395 sq ft luxury flat is in Three Sixty West by Oberoi Realty with three parking spaces.

About Their Flat

Credits: Wikimedia Commons

The lease agreement was registered on 7th November 2024 for a five-year term.

About The Lease

Credits: Wikimedia Commons

Initial security deposit set at ₹1.23 crore with a ten-month rent-free period.

Rent Free Period

Credits: Wikimedia Commons

Monthly rent to increase gradually from ₹20.5 lakh to ₹23.98 lakh over five years.

Slow Increase In Rent

Credits: Wikimedia Commons

Property expected to generate 4-5% gross rental yield according to SquareYards.

What Yield Will It Generate?

Credits: Wikimedia Commons

Kapoors purchased the high-floor flat from Chandak Realtors for ₹60 crore in May 2024.

Initial Flat Purchase

Credits: @mira.kapoor/Instagram

Joins other Bollywood stars like Kartik Aaryan and Ranveer Singh in letting luxury Mumbai properties.

Other Bollywood Celebs

Credits: @mira.kapoor/Instagram

Would you live in this apartment, if you had a choice?

Credits: @mira.kapoor/Instagram