Mar 2 • 07:59 UTC 🇮🇳 India Aaj Tak (Hindi)

Sushmita Sen rents out her house in Mumbai, will get this much rent

Bollywood actress Sushmita Sen and her mother Subhra Sen have leased their luxurious apartment in Goregaon, Mumbai, for a total rent of ₹73.76 lakhs over three years.

Bollywood actress Sushmita Sen, along with her mother Subhra Sen, has decided to rent out their opulent apartment located in Goregaon, Mumbai. According to property registration documents, the apartment has been leased for a total period of three years at a rental value of ₹73.76 lakhs. This high-profile rental deal, highlighted in a recent report by real estate firm 'Square Yards', is generating significant attention due to its prime location in the well-known Oberoi Exquisite building.

The apartment, situated on the 12th floor and covering an area of 1,241 square feet, will provide a monthly rent of ₹1.95 lakhs for the first year. What makes this rental agreement distinctive is the provision for a 5% increment in rent each subsequent year, which will see the monthly rent rise to ₹2.04 lakhs in the second year. The Oberoi Exquisite building's reputation, coupled with Sushmita Sen's celebrity status, adds to the profile of this rental arrangement, appealing to potential renters looking for luxury accommodation in upscale neighborhoods of Mumbai.

Additionally, the news also sheds light on the real estate trends in Mumbai, particularly in high-profile areas such as Goregaon, suggesting that luxury rentals are in demand. The lease agreement not only reflects Sushmita Sen’s investment choices but also contributes to the broader real estate market dynamics in urban India where celebrity figures often influence property values and trends.

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