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John Abraham rents out three sea-facing apartments for ₹6.30 lakh per month in Mumbai's Bandra area
Bollywood star John Abraham has rented three sea-facing apartments located in The Sea Glimpse Co-operative Housing Society at Bandstand in Bandra
Bollywood actor John Abraham has leased three sea-facing apartments in Mumbai’s Bandra area for almost ₹6.30 lakh per month for five years, according to property registration documents reviewed by Square Yards.
The apartments, located in The Sea Glimpse Co-operative Housing Society at Bandstand, were rented out on May 29. The lease includes a stamp duty of approximately ₹1.12 lakh, along with a registration charge of ₹1,000. A security deposit of ₹36 lakh was also paid.
The documents showed that the rental agreement stipulates a monthly rent of ₹6.30 lakh for the first four years, increasing to ₹8 lakh in the final year.
The agreement outlines a rent escalation of close to 8% annually for the first two years and around 5% for the last two years. Documents show that over the full term, the cumulative rental value is estimated at approximately ₹4.3 crore.
Also Read: Planning to buy a house worth ₹1 crore in Mumbai? Know how much you need to keep aside
The apartment was given on rent to two individuals named Varun Talukdar and Pooja Gupta, the documents showed.
John Abraham, Varun Talukdar, and Pooja Gupta could not be reached for comment.
Bandra's Bollywood connect
Bandra is considered one of Mumbai’s most established and high-value real estate markets, offering a combination of premium residential and commercial properties. The locality also houses a number of high-net-worth individuals and public figures. Notable residents include actors such as Shah Rukh Khan, Salman Khan, Janhvi Kapoor, Tripti Dimri, and Ranbir Kapoor.
John Abraham owns a bungalow in Khar
Bollywood actor John Abraham was in the news in December 2023, for purchasing a 5,416 sq ft bungalow in Khar area of Mumbai along with the land of 7,722 sq ft on which the bungalow is situated for ₹70.83 crore, according to property registration documents accessed by IndexTap.com
Also Read: John Abraham buys bungalow on Linking Road for ₹71 cr
The bungalow is located in Khar's Linking Road, one of Mumbai's biggest retail high streets. The area is also known for several educational institutions.
