Vicky Kaushal Extends Lease for Luxe Juhu Apartment, Commits to ₹6.2 Crore in Rent Over Three Years
- 28th Apr 2025
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Lease Renewal at Mumbai's Posh Juhu
Bollywood actor Vicky Kaushal has reportedly renewed the lease of his upscale apartment in Mumbai's Juhu locality, agreeing to a rent of ₹6.2 crore for a three-year term, as per property registration documents reviewed by Square Yards.
The fresh lease, registered in April 2025, begins from January 2025. Under the agreement, Kaushal will pay ₹17.01 lakh per month for the first two years, with a slight escalation to ₹17.86 lakh per month in the third year.
Property Details and Transaction Highlights
The apartment, situated in the premium Raj Mahal project, offers a spacious carpet area of 258.48 sq. m. (~2,781.83 sq. ft.). Alongside the lease, Kaushal secured exclusive rights to three parking spaces. As part of the transaction, a stamp duty of ₹1.69 lakh and a registration fee of ₹1,000 were paid, accompanied by a security deposit of ₹1.75 crore.
Square Yards' analysis pointed out that Kaushal's previous lease, signed in July 2021, had a starting rent of ₹8 lakh per month under a five-year term.
Juhu: A Bollywood Hotspot
Juhu continues to be a prime choice for Bollywood celebrities, owing to its beachfront charm, upscale lifestyle options, and excellent connectivity to key Mumbai hubs like Andheri and Bandra. Stars such as Varun Dhawan, Janhvi Kapoor, Kartik Aaryan, and Shakti Kapoor are also residents of the locality, according to data from IGR property registration documents analyzed by Square Yards.
Interested in Mumbai's luxury real estate market trends? Discover how premium property prices have evolved in recent months.
Vicky Kaushal: A Powerhouse Performer
Widely recognized for his powerful performances, Vicky Kaushal has firmly established himself as one of the most influential actors of his generation. His accolades include the prestigious National Film Award for Best Actor for "Uri: The Surgical Strike," along with critical acclaim for films like "Masaan," "Raazi," "Sanju," and "Sardar Udham." Kaushal could not be reached for comment regarding the lease renewal.
Many celebrities are making strategic real estate investments across India. Learn more about how stars are diversifying their property portfolios.
Frequently Asked Questions
What is the monthly rent Vicky Kaushal will pay for his Juhu apartment?
For the first two years, Vicky Kaushal will pay ₹17.01 lakh per month, which will increase to ₹17.86 lakh per month in the third year.
How large is Vicky Kaushal's apartment in Juhu?
The apartment has a carpet area of 258.48 sq. m., which is approximately 2,781.83 sq. ft.
Why is Juhu popular among Bollywood celebrities?
Juhu is popular due to its beachfront location, luxury lifestyle amenities, and excellent connectivity to key Mumbai areas like Andheri and Bandra.
How much security deposit did Vicky Kaushal pay for his apartment?
Vicky Kaushal paid a security deposit of ₹1.75 crore for the apartment.
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Disclaimer: This news article is based on publicly available property registration documents and information reviewed by Square Yards. While every effort has been made to ensure accuracy, the final details and confirmations may vary. Readers are advised to independently verify information before making any property-related decisions. Neither the publication nor the author holds responsibility for any discrepancies or updates post-publication.
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