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Sara Ali Khan Leases Andheri Bungalow for Rs 4.14 Crore

Summary

  • Sara Ali Khan leased a 4,500 sq ft bungalow in Andheri West for five years.
  • The monthly rent begins at Rs 6.5 lakh, with a 5% increase from year three.
  • The property is leased to Prodigy Montessori India Private Limited for Rs 4.14 crore.
Sara Ali Khan Leases Andheri Bungalow for Rs 4.14 Crore

Sara Ali Khan has entered into a five-year lease agreement for a bungalow located in Andheri West, Mumbai. The total lease value amounts to Rs 4.14 crore for the duration of the contract. The property, situated in the Belscot Co-operative Housing Society, spans approximately 4,500 sq ft.

The monthly rent for the bungalow begins at Rs 6.5 lakh. As per the agreement, this rent will increase by 5% from the third year onwards, with a security deposit of Rs 20 lakh paid by the tenant. The lease has been finalized with Prodigy Montessori India Private Limited.

This transaction marks a recent trend in commercial property deals involving Bollywood personalities. Other notable transactions include Madhuri Dixit leasing office space in Lower Parel and Rakesh Roshan leasing a property in Andheri. Bobby Deol and Tania Deol also recently acquired office units in Andheri West.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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Property Code: 5571