Now Reading: Rakesh Roshan, wife lease Mumbai flat for Rs 1.89 crore
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Rakesh Roshan, wife lease Mumbai flat for Rs 1.89 crore
Filmmaker Rakesh Roshan and his wife Pramila have leased out their apartment in Mumbai's Juhu-Vile Parle Development Scheme for three years, with a total rental income of about Rs 1.89 crore. The…
Filmmaker Rakesh Roshan and his wife Pramila have leased out their apartment in Mumbai's Juhu-Vile Parle Development Scheme for three years, with a total rental income of about Rs 1.89 crore. The lease agreement was registered on August 24, 2026, and the licence commenced on August 15, 2026, according to property registration documents accessed by CRE Matrix.
The starting monthly rent is Rs 5 lakh, with a 5% annual escalation. The monthly rent will rise to Rs 5.25 lakh in the second year and Rs 5.51 lakh in the third. The agreement also includes a security deposit of Rs 21.75 lakh. The apartment is on the second floor of Hiralaya Building on N.S. Road in JVPD, leased to Asavari Rajopadhye. The area of the flat was not specified.
Indian Opinion Analysis
The JVPD locality has long been a premium address for Bollywood families, with property values among the highest in Mumbai's western suburbs. The rental market there has remained resilient even as residential sales saw a slowdown in 2025-26. The Roshan family's property activity over the past year includes purchases of commercial units worth Rs 28 crore and a plot sale in Pune for Rs 15 crore. The next number to watch is the Mumbai residential property index for the September quarter, which will show whether luxury rental demand is holding up.
Source: hindustantimes.com
This brief was synthesised by AI from the source linked above.
