Malaika Arora rents her Bandra apartment for this SHOCKING amount
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Malaika Arora rents Bandra apartment
Actress Malaika Arora is making headlines, this time not for her walk but for the amount she is charging to rent her apartment.
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Malaika Arora rents Bandra apartment
Malaika Arora's Bandra West home, hidden in the tranquil neighborhood of Pali Hill, has a new renter in the form of the creative costume designer Kashish Hans.
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Malaika Arora's Bandra apartment monthly rent
Kashish Hans signed a three-year lease arrangement and pays Rs 1.57 lakh monthly. However, this is not a flat rate.
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Malaika Arora's Bandra apartment rent
The deal calls for a 5% annual escalation and the rent starts at Rs 1.5 lakh monthly in the first year, rises to Rs 1.57 lakh in second, and reaches Rs 1.65 lakh in the third year.
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Malaika Arora's Bandra apartment rent
The sale, recorded on April 29, 2024, included a Rs 4.5 lakh security deposit paid by the tenant.
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Malaika Arora's apartment rent
Interestingly, this is not Malaika's first time renting out her Bandra property.
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Previous tentant
According to Zapkey, the last tenant was Jeffrey Goldenberg, proprietor of The Jeff Goldenberg Studio, who paid Rs 1.2 lakh per month in rent.