Bollywood actor Vicky Kaushal has renewed the lease for his luxury apartment in Mumbai’s upscale Juhu locality. According to property documents accessed by Square Yards through Maharashtra’s Inspector General of Registration (IGR) website, Kaushal will pay a total of approximately Rs. 6.2 crore over the next three years.

The renewed lease, registered in April 2025, covers an apartment in the Raj Mahal residential project, offering a carpet area of 258.48 sq. meters (around 2,781.83 sq. feet). The agreement includes exclusive access to three car parking spaces, a security deposit of Rs. 1.75 crore, and required stamp duty and registration charges of Rs. 1.69 lakh and Rs. 1,000 respectively.

As per the agreement terms, the monthly rent is set at Rs. 17.01 lakh for the first two years and will rise to Rs. 17.86 lakh in the third year. The lease renewal follows a previous agreement signed in July 2021, where the actor initially paid a rent of Rs. 8 lakh per month.

Juhu continues to be a preferred address for Bollywood celebrities, known for its beachside charm, premium restaurants, and excellent connectivity to Mumbai’s commercial hubs. Other celebrities like Varun Dhawan, Janhvi Kapoor, Kartik Aaryan, and Shakti Kapoor also own properties in the area.

Vicky Kaushal, a National Award-winning actor, has built a stellar career with acclaimed performances in films such as Uri: The Surgical StrikeMasaanRaaziSanju, and Sardar Udham, cementing his position as one of Bollywood’s leading stars.

Also Read: Virat and Anushka rent Juhu home from a King

You May Also Like

MahaRERA Orders Refund, Possession in Lapsed Bhayandar Project; Promoter Absent from Proceedings

In a major ruling, MahaRERA has ordered refunds and possession for homebuyers in the lapsed V.M. Heights project in Bhayandar, citing serious non-compliance by the promoter who remained absent throughout the hearings. The Authority directed immediate refund with interest and execution of sale agreements, reinforcing its pro-buyer stance.

Mumbai’s ₹10 Cr+ Luxury Homes Clock Record Sales of ₹14,750 Cr in H1 2025

Mumbai’s ₹10 crore+ luxury housing market hit a historic high in H1 2025, recording ₹14,750 crore in sales—its best half-year ever. A total of 1,335 units were sold in 12 months, with Worli, Bandra West, and Tardeo leading the charge.

India Ranks 6th Globally in Branded Homes Boom!

India is rapidly joining the global elite in luxury living, ranking 6th worldwide for live Branded Residence projects and contributing 4% to global supply, according to the Knight Frank The Residence Report 2025. Fueled by a fast-growing population of ultra-rich individuals, the demand for these homes—which blend international brand prestige with five-star amenities—is set to redefine luxury real estate in metros like Mumbai and emerging markets like Goa.

Japanese Delegation Explores Housing Redevelopment Ties with MHADA in Mumbai

A Japanese delegation from the Urban Renaissance Agency met with MHADA officials in Mumbai to discuss collaboration on major housing and redevelopment projects, signaling growing India-Japan ties in urban development.