John Abraham Extends Bandra West Lease at ₹12 Lakh Monthly for Two Years
John Abraham Renews Bandra West Lease At Rs 12 Lakh Per Month For Two Years
News 18
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Bollywood actor John Abraham has renewed his lease for a luxury apartment in Pali Hill, Bandra West, Mumbai, at a monthly rent of ₹12 lakh for two years. The agreement includes a rent escalation clause, raising the rent to ₹12.5 lakh after the first year, reflecting market trends in the exclusive area.
- 01John Abraham's lease renewal is set at ₹12 lakh per month for two years.
- 02The apartment spans a total area of 3,255.75 sq ft.
- 03A security deposit of ₹66 lakh was paid as part of the lease agreement.
- 04The rent will increase to ₹12.5 lakh after the first year.
- 05Pali Hill remains a prime location for high-profile residents in Mumbai.
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John Abraham (Bollywood actor) has renewed the lease of a high-end residential property in Pali Hill, Bandra West, Mumbai, for ₹12 lakh per month, securing it for two years starting from February 6, 2026. The property, managed by his company JA Entertainment Private Limited, offers a total usable area of 3,255.75 sq ft, including a balcony. As part of the agreement, a security deposit of ₹66 lakh has been paid, and the monthly rent will escalate to ₹12.5 lakh after the first year. This renewal follows a previous lease in 2023 at ₹11 lakh per month, indicating a standard upward revision in line with market trends. Pali Hill is known for its exclusivity and has seen significant real estate activity, with other celebrities like Ishaan Khattar and Shah Rukh Khan also making notable transactions in the area. The luxury market in Mumbai continues to thrive, with high-profile leases and purchases reflecting the ongoing demand for premium properties.
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The lease renewal reflects ongoing demand for luxury properties in Mumbai, indicating a stable market for high-end rentals.
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