Malaika Arora has given her apartment on lease in Mumbai's Bandra for a total rent of ₹1.17 crore

Mumbai real estate: Malaika Arora has given her apartment on rent for a total of three years, and the starting monthly rent is ₹3.10 lakh

Published on: Mar 31, 2026, 18:19:34 IST

By Mehul R Thakkar

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Malaika Arora has given an apartment on rent in Mumbai, for a period of three years at a total rent of ₹1.17 crore, according to property registration documents accessed by SquareYards

Malaika Arora has given an apartment on rent in Mumbai, for a period of three years at a total rent of ₹1.17 crore. (Picture for representational purposes only) (Instagram)

According to property registration documents, the apartment in a building named Vida near Carter Road in Bandra West was rented for 36 months at a starting monthly rent of ₹3.10 lakh.

The rent increases by 5 per cent annually, and for the second year, it will be ₹3.25 lakh, and ₹3.41 lakh in the third year. Accordingly, the cumulative rental value over the entire three-year term is Rs. 1.17 crore, SquareYards said.

The deal was registered on March 18, 2026, for which a stamp duty of Rs. 30,819 and registration charges of Rs. 1,000 were paid.

Also Read: Redevelopment or early exit? What Mumbai homeowners can learn from Preity Zinta’s apartment sale

The apartment has been leased to an individual named Aditi Rao, who has paid a security deposit of Rs. 20 lakh, the documents show.

Malaika Arora and Aditi Road could not be reached for comment.

Also Read: Mumbai real estate: Property registrations remain steady at over 15,500 in March 2026, stamp duty collections fall by 6%

All about Bandra West

According to SquareYards, Bandra West is regarded as one of Mumbai’s most upscale and vibrant real estate destinations, known for its unique blend of luxury living, cultural charm, and strong investment appeal. The area is also renowned for its vibrant lifestyle, featuring upscale retail outlets, fine-dining restaurants, cafes, and popular hotspots like Carter Road and Bandstand.

It has a cosmopolitan atmosphere, premium infrastructure, and a strong social and cultural appeal. It is also home to several Bollywood stars, including Salman Khan, Shah Rukh Khan, and Aamir Khan, among several others.

Also Read: Sara Ali Khan leases out her bungalow in Mumbai's Andheri for school-related activities at a total rent of ₹4.14 cr

According to local brokers, the per sq ft price of an apartment in several prime buildings is around ₹1 lakh per sq ft.

ABOUT THE AUTHOR
Mehul R Thakkar
Mehul R Thakkar is a Mumbai-based journalist who closely tracks the city’s ever-evolving real estate landscape. He believes that Mumbai presents a unique reality that, while Mumbaikars deeply aspire to own a home in the city of dreams, many spend little actual time living in it due to long commutes and demanding work lives. With over 11 years of experience in journalism, I have reported across a wide spectrum of beats, including real estate, housing, infrastructure, aviation, and education. I have also extensively covered the workings of India’s wealthiest civic body, the Brihanmumbai Municipal Corporation (BMC), providing insight into the policy, governance, and urban planning decisions that directly influence Mumbai’s growth. Before joining Hindustan Times, I worked in fast-paced digital and print newsrooms, including Moneycontrol.com and Deccan Chronicle, as well as national dailies such as The Asian Age and DNA. Outside the newsroom, I am an avid weather tracker, a fan of spy thrillers in both books and films, and a keen follower of international affairs.Read More

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