Twinkle Khanna rents two apartments for ₹1.85 lakh per month in Mumbai

Twinkle Khanna and her sister Rinke Khanna have rented two flats in Mumbai's Khar area at a starting rent of ₹1.85 lakh for five years, documents showed.

Published on: Jul 16, 2024, 16:18:10 IST

By Vandana Ramnani

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Twinkle Khanna and her sister Rinke Khanna have rented two apartments in Mumbai at a starting monthly rent of ₹1.85 lakh for five years, documents accessed by Zapkey showed.

The property is located on the fourth and fifth floors of an apartment complex in Khar (West) in Mumbai, the documents showed.

The documents were registered on July 1, the leave and license agreement showed.

The rent for the first year is ₹1.85 lakh per month, ₹2.03 lakh per month in the second year, ₹2.23 lakh per month in the third year, ₹2.46 lakh in the fourth year and ₹2.70 lakh in the fifth year, the documents showed.

Also Read: Akshay Kumar reveals on Koffee With Karan how Sunny Deol's illness led him to buy the house he now lives in

An email has been sent to Rinke Khanna.

In December last year Twinkle Khanna had leased two ground floor commercial properties to a jewelry store in Khar (West), Mumbai, at a monthly rent of ₹3.11 lakh for the first year, ₹3.26 lakh the second year and ₹3.42 lakh in the third year, documents accessed by Propstack showed.

Also Read: Akshay Kumar plans to buy home he once used to rent for ₹500: ‘I have no one there but…’

The security deposit paid by the lessee was ₹9.33 lakh, the documents showed.

Real estate as an investment is preferred by several Bollywood celebrities. Some notable names include Amitabh Bachchan, Salman Khan, Ajay Devgn and Manoj Bajpayee, among others. Experts credit high rental yields in commercial properties and capital appreciation of residential real estate in the financial capital, for the trend.

Also Read: From Karishma Kapoor to Amitabh Bachchan, here’s why Bollywood stars prefer to invest in commercial properties

In 2022, Akshay Kumar, Twinkle Khanna’s husband, had sold a property for ₹6 crore to music director Daboo Malik at Andheri West in Mumbai. It is spread across a carpet area of 1,281 sq ft and has a 59-sq ft balcony, the documents showed.

Twinkle Khanna’s husband Akshay Khanna is an active property investor. He had bought a property in 2022 in Khar West for ₹7.84 crore and an office property in Lodha codename no 1 Lodha Place, Upper Worli for ₹4.85 crore in 2021.

Also Read: Akshay Kumar's sea-facing house with a big garden, green corners is all that we dream of. See pics

ABOUT THE AUTHOR
Vandana Ramnani
Vandana Ramnani leads the real estate vertical at Hindustan Times Digital, bringing over two decades of journalism experience across real estate, education, human resources, and foreign affairs. She specialises in India’s real estate sector, covering residential and commercial markets in Delhi-NCR, Mumbai, and Bengaluru, with in-depth reporting on regulatory developments, urban policy, housing trends, and interviews with industry leaders. Her work has also appeared in the Hindustan Times newspaper and HT Estates. Earlier, Vandana played a key role in establishing the real estate vertical at Moneycontrol (NW18 Group), shaping its editorial direction and market coverage. She has also written extensively on international education for HT Education, tracking global study destinations, policy changes, and student mobility trends, earning the Singapore Education Award 2009 for Best Media Coverage (Print). Her reporting portfolio includes human resources and employment trends for HT ShineJobs and PowerJobs, as well as lifestyle and interior design features for HT Premium Homes. Vandana began her career with the Press Trust of India, gaining strong editorial and reporting expertise. She was also selected for a prestigious fellowship at Fondation Journalistes en Europe in Paris, where she wrote for EuroMag. One of her notable reporting assignments included covering Germany’s capital relocation from Bonn to Berlin. Outside of journalism, Vandana is a passionate traveller, constantly seeking out charming hideaways across India and the lesser-known, offbeat corners of Southeast Asia.Read More

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