Shraddha, Shakti Kapoor Lease Mumbai Home for ₹2.5 Lakh

Bollywood actors Shraddha Kapoor and Shakti Kapoor have leased their nearly 1,050 sq ft furnished apartment in Mumbai's Mahalaxmi to Akshat Khetan for a monthly rent of ₹2.5 lakh.

The leave and licence agreement was registered on 26 June 2026, with a security deposit of ₹7.5 lakh. The property is located in Piramal Mahalaxmi South Tower on G B Sakpal Marg and San Guruji Marg, Mahalaxmi East, according to documents accessed by CRE Matrix.

Lease Terms and Annual Escalation

The three-year agreement carries a structured annual escalation:

• Year 1: ₹2.5 lakh per month
• Year 2: ₹2.62 lakh per month
• Year 3: ₹2.75 lakh per month
• Security deposit: ₹7.5 lakh
• Use: strictly residential

The apartment is fully furnished, including a sofa, chairs, cupboards, four air-conditioners, water purifier, refrigerator, washing machine, gas stove, hob, chimney, dining table and other furniture and appliances.

Maintenance charges, rates, taxes and non-occupancy charges are borne by the licensors. Electricity charges are paid directly by the tenant based on consumption.

Also Read: Akshaye Vinod Khanna Buys Malabar Hill Flat for ₹33.26 Crore

How the Kapoorkhapool Acquired the Flat

The Mahalaxmi apartment was purchased by Shraddha Kapoor and Shakti Kapoor for ₹6.24 crore in January 2025, according to documents accessed by Zapkey.

The property was acquired from Glyder Buildcon Realtors Private Limited at around ₹59,875 per sq ft on a carpet area of 1,042.73 sq ft including two balconies.

The lease now generates rental income on an asset acquired less than 18 months ago a straightforward investment play in a premium Mumbai residential building.

Also Read: Shraddha Kapoor Extends Juhu Apartment Lease At ₹6 Lakh Per Month

Shraddha Kapoor's Broader Mumbai Rental Activity

The Mahalaxmi lease fits a pattern of active rental management across Shraddha Kapoor's Mumbai property portfolio:

• 2026: renewed her Juhu apartment lease for one year at ₹6 lakh per month, paying the full ₹72 lakh upfront
• 2024: rented a 3,928.86 sq ft Juhu apartment for ₹6 lakh per month, also paying ₹72 lakh for the full year in advance

The Mahalaxmi transaction represents the leasing rather than occupancy side of that activity generating income from a recently purchased asset while continuing to rent a larger home in Juhu.

For a residential property investor in Mumbai, the combination of a premium purchase at Piramal Mahalaxmi and a stable, documented three-year lease at ₹2.5 lakh per month is a clean income yield play on one of the city's most established high-end addresses.

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