Sara Ali Khan rents Andheri bungalow for THIS Whopping amount; Check Here

Sara Ali Khan has leased out her Andheri West bungalow in a long-term deal to an educational firm, reflecting a growing trend of residential spaces in Mumbai being adapted for institutional and commercial use

Sara Ali Khan leases Andheri bungalow for education use

Sara Ali Khan has rented out her bungalow in Andheri West for a total lease value of ₹4.14 crore over five years. The property, located in Belscot Co-operative Housing Society in the Old Lokhandwala Complex, spans around 4,500 sq ft (G+1 structure).

The tenant, Prodigy Montessori India Pvt Ltd, will use the space strictly for school-related activities. The lease begins on May 1, 2026, with an initial monthly rent of ₹6.5 lakh and a ₹20 lakh security deposit. The agreement includes a three-year lock-in period and a 5% annual rent escalation from the third year.

Recent celebrity property deals highlight strong rental momentum

Mumbai’s premium rental market has seen multiple high-profile transactions recently. Madhuri Dixit leased an office space in Lower Parel for ₹2.81 crore over five years, while Shraddha Kapoor renewed her Juhu apartment lease at ₹6 lakh per month, paying ₹72 lakh upfront for a year.

These deals indicate a steady appetite for both residential and commercial spaces in key locations, especially among celebrities investing in rental income opportunities.

Commercial leasing also gains traction with large-format deals

In another notable transaction, Rakesh Roshan and his wife leased a commercial property in Andheri West to Fabindia for ₹14.5 lakh per month. The space, spread across over 6,300 sq ft, reflects the growing demand for retail and business establishments in Mumbai’s prime zones.

Such deals underline how celebrity-owned properties are becoming key assets in the city’s evolving real estate landscape, blending investment strategy with long-term rental returns.