Real Estate Magazine

Shah Rukh Khan Leases Two Luxury Duplexes in Mumbai’s Pali Hills

Mumbai, 20th February 2025: Shah Rukh Khan has secured a lease on two luxurious duplex apartments in Mumbai’s elite Pali Hills, Khar West. As per property records on Zapkey.com, the “Jawan” star has signed a three-year rental agreement amounting to Rs 8.67 crore in total, with an annual rent of Rs 2.9 crore. The combined monthly rent for both properties stands at Rs 24.15 lakh. The lease agreements, registered on February 14, required a stamp duty payment of Rs 2.22 lakh and a registration fee of Rs 2,000. These upscale residences are situated in the Puja Casa building, covering the first, second, seventh, and eighth floors.

The apartments belong to the Bhagnani family of Bollywood. One of the units, owned by actor-producer Jackky Bhagnani and his sister Deepshikha Deshmukh, has been leased by Shah Rukh Khan at Rs 11.54 lakh per month, with a security deposit of Rs 32.97 lakh for a three-year duration. The second unit, owned by Vashu Bhagnani, has been rented for Rs 12.61 lakh per month, requiring a security deposit of Rs 36 lakh, for the same lease period.

Renting premium properties is a common practice in Bollywood. In December 2024, Shraddha Kapoor reportedly rented a high-end apartment in Juhu for Rs 6 lakh per month.

This development follows Gauri Khan’s recent application to the Maharashtra Coastal Zone Management Authority (MCZMA) for approval to expand their landmark home, Mannat. The proposed expansion seeks to add two floors to the six-storey annexe behind the bungalow, increasing the total built-up area by 616.02 square meters.

On the professional front, Shah Rukh Khan delivered two massive hits in 2023: Jawan and Pathaan. He is now preparing for his next major film, King, directed by Siddharth Anand. The film is speculated to feature Abhishek Bachchan and Suhana Khan.

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