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Vicky Kaushal Renews Lease for Juhu Luxury Apartment Amid Mumbai Boom

27th May 2025

4 Min Read

Mumbai’s Real Estate Surge Juhu Shines Bright

The Mumbai real estate market in 2025 is experiencing impressive growth propelled by rapid infrastructure upgrades such as new metro networks coastal roads and the much-anticipated bullet train corridor Among the city’s most prestigious neighborhoods Juhu stands out for its scenic beach vibrant lifestyle and close proximity to business hubs like Andheri and Bandra

Juhu The Celebrity Address

Juhu has long been the residential choice of Bollywood celebrities With its excellent connectivity via the Western Express Highway and Mumbai Metro it offers both convenience and a high-status address Notable residents include Varun Dhawan, Janhvi Kapoor, Kartik Aaryan, and Shakti Kapoor reinforcing Juhu’s reputation as a true celebrity enclave

Vicky Kaushal’s Luxe Lease Renewal

Adding to Juhu’s star-studded allure acclaimed actor Vicky Kaushal has renewed the lease on his luxury apartment in the Raj Mahal residential project The three-year lease registered in April 2025 starts at a monthly rent of ₹17.01 lakh for the first two years rising to ₹17.86 lakh in the final year The 2 781 sq ft apartment includes three exclusive parking spaces a security deposit of ₹1.75 crore a stamp duty of ₹1.69 lakh and registration charges of ₹1 000

  • Monthly rent ₹17.01 lakh first two years ₹17.86 lakh third year
  • Carpet area 2 781 sq ft
  • Security deposit ₹1.75 crore
  • Three car parking spaces

Over the lease tenure Kaushal’s total rental outlay is projected at approximately ₹6.2 crore reflecting the exclusivity and value of Juhu’s luxury real estate market

Bollywood’s Leading Man

Vicky Kaushal known for his powerful performances in films like Chhaava, Uri, The Surgical Strike, Masaan and Raazi has established himself as one of Bollywood’s most influential actors His decision to reside in Juhu further cements the area’s reputation as the preferred home of India’s film royalty

Juhu and Mumbai A Market on the Rise

The sustained demand for luxury residences in Juhu mirrors broader trends in Mumbai’s real estate market where limited land robust infrastructure and celebrity appeal continue to drive property values upward As Mumbai evolves Juhu remains at the heart of its premium real estate narrative a place where stars live and the city’s dynamic growth is on full display

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