Mumbai’s luxury rental market continues to attract high-profile residents, with actors Huma Qureshi and Saqib Qureshi securing a sprawling villa in Juhu for a monthly rent of ₹10 lakh.
According to property registration documents, the sibling duo has leased the villa, situated on Juhu Tara Road within the Equest Condominium housing society, from its owner, Impact Films Pvt Ltd. The transaction was formally registered on February 25, 2025.
Villa Specifications and Amenities
The 3,370 sq. ft. villa offers an expansive living space spread across multiple levels. The layout includes:
- Ground Floor: 1,245 sq. ft.
- First Floor: 1,011 sq. ft.
- Terrace: 1,112 sq. ft.
- Basement Area: 2,654 sq. ft.
The villa also comes with four dedicated parking spots, a private swimming pool, and a garden, making it an ideal luxury retreat in one of Mumbai’s most sought-after residential areas.
Rental Terms and Conditions
The lease agreement, which commences on March 20, 2025, is set for a tenure of 60 months (5 years). Key terms of the agreement include:
- Security Deposit: ₹30 lakh
- Lock-in Period: 48 months
- Rent Escalation Clause: 10% increase after 36 months
- Stamp Duty Paid: ₹1.60 lakh
- Registration Fee: ₹1,000
Juhu: A Celebrity-Favored Location
Juhu has long been a preferred residential hub for Bollywood celebrities, business tycoons, and industrialists due to its prime seaside location, upscale lifestyle, and proximity to film studios. With its spacious villas, luxury apartments, and high-end amenities, the area continues to command premium rental values.
This high-profile rental agreement underscores the growing demand for exclusive, well-appointed residences in Mumbai, where celebrities and high-net-worth individuals seek privacy and luxury living.
Also Read: Bhushan Kumar Of T-Series Paid Rs 167 Crore For Juhu Bungalow
