Malaika Arora has rented out her apartment in Bandra West, Mumbai, to costume designer Kashish Hans for a monthly rent of Rs 1.57 lakh for three years, as revealed by documents accessed by Zapkey.
According to Hindustan Times, the apartment, situated in Pali Hill, Bandra West, is subject to a 5 per cent escalation in rent every year, according to the rent agreement.The breakdown of the monthly rent over the three years is as follows: Rs 1.5 lakh for the first 12 months, Rs 1.57 lakh for the next 12 months, and Rs 1.65 lakh for the subsequent year, as per the documents.
The rent agreement was officially registered on April 29, 2024. Additionally, the tenant has paid a security deposit of Rs 4.5 lakh, as indicated in the documents.
According to Hindustan Times, the apartment, situated in Pali Hill, Bandra West, is subject to a 5 per cent escalation in rent every year, according to the rent agreement.The breakdown of the monthly rent over the three years is as follows: Rs 1.5 lakh for the first 12 months, Rs 1.57 lakh for the next 12 months, and Rs 1.65 lakh for the subsequent year, as per the documents.
The rent agreement was officially registered on April 29, 2024. Additionally, the tenant has paid a security deposit of Rs 4.5 lakh, as indicated in the documents.
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This isn’t Malaika Arora’s first rental agreement for her property. Previously, she had rented her Bandra apartment to Jeffrey Goldenberg, owner of The Jeff Goldenberg Studio, for Rs 1.2 lakh per month, as reported by Zapkey.
In related news, Malaika’s boyfriend, actor Arjun Kapoor, made headlines for selling his apartment in the 81 Aureate building in Bandra West for Rs 16 crore in 2022. The 4,364-square-foot flat, located on the 19th floor of the building on KC Marg, garnered attention for its luxurious features and prime location.
