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

Mumbai real estate update: Sara Ali Khan has leased a bungalow for 4.14 cr rent over 5 years with a starting monthly rent of 6.5 lakh per month

Updated on: Mar 31, 2026, 16:34:19 IST
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Bollywood actress Sara Ali Khan has leased out a bungalow in Andheri West for a total rent of 4.14 crore for five years, with a starting monthly rent of 6.5 lakh, according to property registration documents accessed by CRE Matrix. The tenant, Prodigy Montessori India Private Limited, will use the premises exclusively for operating and conducting school-related activities, CRE Matrix said.

Sara Ali Khan has leased out her Andheri West bungalow for  ₹4.14 crore over five years, with a starting monthly rent of  ₹6.5 lakh, according to CRE Matrix. (File Photo )
Sara Ali Khan has leased out her Andheri West bungalow for ₹4.14 crore over five years, with a starting monthly rent of ₹6.5 lakh, according to CRE Matrix. (File Photo )

The property is located in the Belscot Co-operative Housing Society, Old Lokhandwala Complex, and the transaction was registered on March 27. The property spans about 4,500 sq ft across G+1, according to the document.

The property was leased at 144.44 per sq ft. As part of the agreement, the tenant has paid a security deposit of 20 lakh.

The lease term is five years, with a three-year lock-in period. Both the leave commencement date (LCD) and rent commencement date (RCD) are May 1, 2026, the document showed.

The property rent will be increased by 5% annually from the third year, it showed.

A list of questions has been sent to Prodigy Montessori India Pvt Ltd. The story will be updated once a response is received. Khan could not be reached for a comment.

Also Read: Madhuri Dixit rents 731 sq ft office in Mumbai’s Lower Parel for 2.81 crore

Bollywood transactions in Mumbai

On March 24, Bollywood actress Madhuri Dixit leased office space in Lower Parel for 5 years at a total rent of 2.81 crore. According to property registration documents, the commercial unit is located in One Lodha Place, Lower Parel, with a carpet area of 731 sq ft. The deal also includes one car parking space and was registered with a stamp duty of Rs. 72,600, registration charges of Rs. 1,000 and a security deposit of Rs. 17 lakh.

In February, Shraddha Kapoor renewed the lease on her apartment in Mumbai’s Juhu for one year at a starting monthly rent of 6 lakh, paying the entire annual rent of 72 lakh upfront.

According to property registration documents accessed by Square Yards, the same apartment in Prime Beach, Juhu, had earlier been taken on rent, with the deal officially registered in October 2024. The unit has an area of 365 sq. m. (3,929 sq. ft.). The lease was registered with a stamp duty of 36,000 and registration charges of Rs. 1,000.

Also Read: Shraddha Kapoor renews Mumbai apartment lease for a year, pays 72 lakh rent upfront

According to Square Yards, the lease term is 12 months. The agreed monthly rent starts at Rs. 6 lakh, with a cumulative rental value of Rs. 72 lakh over the full term, the leave-and-license document showed.

In December 2025, Hrithik Roshan’s father, Rakesh Roshan and his wife, Pramila Rakesh Roshan, leased out a commercial space to Fabindia Limited for a monthly rent of 14.5 lakh in Mumbai, according to documents accessed by CRE Matrix. The property, located in De Mall on Veera Desai Road in Andheri West, spans 6,389.47 sq ft of carpet area and has a rental rate of about 227 per sq ft.

  • Souptik Datta
    ABOUT THE AUTHOR
    Souptik Datta

    Souptik Datta is a deputy chief content producer at Hindustan Times Digital, where he reports on southern India with a focus on real estate, urban infrastructure and environmental urban issues. His coverage tracks the intersection of policy, capital flows, regulation and sustainability, examining how these forces shape housing markets, commercial real estate and large-scale infrastructure development across rapidly transforming cities. He also closely tracks civic issues affecting urban residents, including property taxation, planning approvals, public transport expansion, water stress, waste management and the governance challenges that influence everyday life in India’s metros. Souptik’s reporting is driven by a strong interest in accountability, consumer rights and the lived realities of homebuyers and investors navigating volatile pricing cycles, regulatory changes and project delivery risks. He frequently analyses project launches, land monetisation strategies, planning frameworks, RERA-related developments and the broader implications of infrastructure investments on emerging growth corridors. His work blends on-ground reporting with data-backed analysis and long-form explainers aimed at demystifying complex real estate and infrastructure developments for readers. He is an alumnus of the Indian Institute of Journalism and New Media. Before joining Hindustan Times Digital, Souptik was associated with Moneycontrol at Network 18, where he covered real estate, infrastructure and allied sectors, producing market insights, policy-led stories and in-depth features. Outside the newsroom, Souptik is an avid solo traveller and documentary enthusiast, exploring diverse regions and visually documenting unique narratives through film and photography. In his early career, Souptik also freelanced as a documentary photographer, independently working on visual storytelling projects that captured grassroots narratives, urban change and everyday life. He can be reached at souptik.datta@htdigital.in.Read More

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