Sara Ali Khan Secures Long-Term Lease for Andheri West Bungalow at Rs 4.14 Crores

The CSR Journal Magazine

Actress Sara Ali Khan has entered into a long-term rental agreement for her bungalow located in Andheri West, Mumbai, with a total lease value of Rs 4.14 crores spanning approximately five years. This agreement is documented in property registration filings accessed by relevant authorities.

The bungalow, situated in the Belscot Co-operative Housing Society within the Old Lokhandwala Complex, is anticipated to be utilised for educational activities by the tenant.

Rental Terms and Conditions

The agreement stipulates an initial monthly rent of Rs 6.5 lakhs for the bungalow. A lock-in period of three years is included in the contract, after which the rental fee is set to increase by 5 percent annually beginning in the third year.

As part of the leasing arrangement, the tenant has also provided a security deposit totaling Rs 20 lakhs.

The official start date for the lease and the commencement of rent payments is recorded as May 1, 2026.

Property Specifications

The leased property spans approximately 4,500 square feet and has been rented at a rate of Rs 144.44 per square foot based on the reviewed documents.

Located in a well-established area of Andheri West’s Old Lokhandwala Complex, this property has witnessed a rise in institutional and activity-based leasing in recent years due to its desirable residential locale.

Celebrity Real Estate Trends in Mumbai

This transaction contributes to a noticeable trend of high-value residential leasing involving various film personalities in Mumbai’s western suburbs. Areas like Andheri West and the Lokhandwala Complex remain sought after, attributed to their close proximity to media production hubs and studios.

Sara Ali Khan’s recent film appearances include her role in “Metro… In Dino,” and she continues to engage in multiple film projects while broadening her involvement in brand collaborations and investment opportunities.

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