Shahid joins the ranks of celebrities who have recently rented out their properties in Mumbai, including Kartik Aaryan, Ranveer Singh, and producer Sajid Nadiadwala. Published: November 15, 2024 12:39 PM IST By Edited by Bollywood actor Shahid Kapoor is making headlines after leasing out his luxurious apartment in the ultra-exclusive Three Sixty West residential tower in Worli, Mumbai. The actor has rented the property for over Rs.
20 lakh per month for a duration of five years, as reported by Square Yards. The rental agreement, registered on November 7, includes a significant security deposit of Rs. 1.
23 crore. Notably, the agreement offers a 10-month rent-free period, making the deal even more appealing to the lessee. The apartment has been rented to Dipan Bhuptani, a senior executive at D’Decor Home Fabrics.
This property, one of the city’s largest, covers 5,395 sqft of carpet area and 573.78 sqm (approximately 6,175.42 sqft) of built-up space, along with three designated parking spots.
The rent for this premium apartment starts at Rs. 20.5 lakh per month, with the amount set to rise gradually to Rs.
23.98 lakh by the end of the lease term. Originally purchased in May 2024 for Rs.
58.6 crore, the apartment was jointly acquired by Shahid and Mira Kapoor from Chandak Realtors Pvt Ltd. The property is part of Oberoi Realty’s Three Sixty West project, spanning 1.
58 acres, and offers ready-to-move-in 4 and 5 BHK apartments. The complex boasts world-class amenities, includ.
