Shreyas Iyer Leases Lodha Apartment for ₹2.46 Crore

Indian cricketer Shreyas Iyer has leased his luxury apartment at Lodha World Crest in Mumbai's Lower Parel for a total rental value of ₹2.46 crore over three years.

The transaction was recorded in property registration documents accessed by Zapkey.

The apartment is located on the 48th floor of the residential tower on Senapati Bapat Marg.

It measures 2,620 sq ft and has been rented to tenants Akshaya Prasad and Nishtha Soli.

Iyer and co-owner Rohini Santosh Iyer are listed as the landlords. His father, Santosh Venkateshwaran Iyer, represented them as the power of attorney holder.

The rental agreement was executed on October 19, 2026, and registered on October 26, 2026.

Monthly Rent Increases by 5% Every Year

The three-year lease includes an annual rental escalation of 5%. The monthly payment will increase gradually over the agreement period.

• First year: ₹6.50 lakh per month.
• Second year: ₹6.82 lakh per month.
• Third year: ₹7.16 lakh per month.

Based on these monthly payments, the total rental value over 36 months amounts to ₹2,45,89,500, or approximately ₹2.46 crore.

The tenants have also paid a security deposit of ₹16.25 lakh.

The transaction attracted stamp duty of ₹62,693 and a registration fee of ₹1,000, according to the registration documents.

Property Located in Lodha World Crest, Lower Parel

Lodha World Crest is the residential complex where Iyer's apartment is located.

The property is situated along Senapati Bapat Marg in Lower Parel, one of Mumbai's established residential and commercial neighbourhoods.

The leased apartment covers 2,620 sq ft and occupies the 48th floor of the tower.

The transaction adds another high-value residential rental agreement to Mumbai's luxury housing segment.

Also Read: Virat Kohli, Anushka Sharma Buy ₹18.29 Crore Versova Flat

Earlier, Iyer Leased a Worli Apartment for ₹7.14 Crore

This is not the first major residential leasing transaction involving the cricketer in Mumbai during 2026.

In June, Iyer leased a larger apartment at Raheja Artesia in Worli for approximately ₹7.14 crore over three years.

That apartment measured 3,875 sq ft and was located on the 14th floor.

The property also included four car parking spaces. Its lease agreement was registered on June 10, 2026, for a tenure of 36 months.

The Worli agreement included an annual rental escalation of 7%. Monthly rent started at ₹18.50 lakh in the first year, increased to ₹19.79 lakh in the second year and reached ₹21.18 lakh in the third year.

Also Read: Shreyas Iyer Signs 3-Year Lease for Worli Luxury Apartment

Shreyas Iyer's Mumbai Property Transactions

The two rental agreements highlight separate residential leasing transactions involving the cricketer in Mumbai.

The Lower Parel apartment carries a total rental commitment of approximately ₹2.46 crore, while the earlier Worli agreement amounts to ₹7.14 crore.

Both transactions were reported through property registration documents.

Their details provide insight into the rental values and lease structures involved in Mumbai's premium residential property market.

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