Moneycontrol PRO
HomeNewsBusinessReal EstateSalman Khan rents out Bandra West apartment for three years at Rs 1.5 lakh a month

Salman Khan rents out Bandra West apartment for three years at Rs 1.5 lakh a month

The rent will go up in phases to Rs 1.65 lakh by the third year; in 2021 he had rented out another apartment in the same building for Rs 95,000 a month in 2021.

April 26, 2023 / 17:29 IST
The 1,318 sq ft apartment located in the Shiv Asthan Heights building comes with three parking spaces.

Bollywood actor Salman Khan has leased out a flat in Bandra West, Mumbai, for a monthly rent of around Rs 1.5 lakh per month for three years, documents accessed by Zapkey.com showed.

The leave and licence agreement was registered on February 16.

The tenant has paid a deposit of Rs 4.5 lakh. The rent for the first year is Rs 1.5 lakh per month, and will increase to Rs 1.57 lakh in the second year and Rs 1.65 lakh in the third year, the document showed.

The 1,318 sq ft apartment located in the Shiv Asthan Heights building comes with three parking spaces.

Queries have been emailed to the actor.

In September 2021, the actor had put his other apartment in the same complex in Mumbai on rent for Rs 95,000 per month, documents accessed by Zapkey.com had shown.

The leave and licence agreement was registered on December 6, 2021. The tenure of the agreement was 33 months, documents had showed. The 758 sq ft apartment is located on the 14th floor.

In 2022, Khan had leased an area of 27,650 sq ft spread over four floors to TNSI Retail Private Limited, a subsidiary of Future Retail Limited, in Mumbai at a rent of around Rs 89.6 lakh per month for two years. The lease for the commercial property in the financial capital’s Santacruz West area was renewed on September 5.

In 2021, the actor through Salman Khan Ventures Private Limited had renewed a rent agreement for a duplex apartment in Mumbai’s Bandra for Rs 8.25 lakh a month for three years, documents accessed by Zapkey.com show. The duplex is on the 17th and 18th floors of Maqba Heights. The owners are Baba Siddique and Zeeshan Siddique, the documents showed.

Vandana Ramnani
Vandana Ramnani
first published: Apr 26, 2023 05:28 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347