Bollywood actor Kajol Devgan has rented a retail unit in Goregaon west, Mumbai for a monthly rent starting at Rs. 6.9 lakh, according to real estate platform Square Yards.
Kajol purchased the property in March for Rs. 28.78 crore and the deal was officially registered in November.
As per IGR property registration documents reviewed by Square Yards, the retail unit in Bharat Arize has a carpet area of 1,817 sq. ft. (168 sq. m.) and one car parking. The deal incurred a stamp duty payment of Rs. 5.61 lakh and registration charges of Rs. 30,000. The transaction includes a security deposit of Rs. 27.61 lakh.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
According to Square Yards' analysis, the rental agreement spans nine years, starting November. The monthly rent is set at Rs. 6.9 lakh for the first three years, with a 15% escalation after expiry of every successive period of three years, increasing to Rs 7.9 lakh for the next three years and Rs. 9.13 lakh in the final three years of the term. Based on this structure, the total rent acquired during the lease tenure amounts to Rs. 8.6 crore.
Goregaon west is a rapidly expanding Mumbai suburb with a mix of residential and commercial properties. It is well-connected to major roads and the railway network, making commute easy. Its proximity to business and entertainment hubs like hubs, malls, film studios in Andheri and Malad makes it a popular choice for professionals and businesses.
Earlier this year, Kajol's husband and Bollywood actor Ajay Devgn rented an office unit in Andheri west, Mumbai for Rs. 5.47 lakh per month, according to property registration documents accessed by Square Yards.
According to the documents, Ajay Devgn leased the office space to Bombay Design Centre Private Limited for five years, from May 2025 to April 2030. The office unit is located in a building named Signature by Lotus and has a carpet area of 2,545 sq ft.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.