Bollywood actress Shraddha Kapoor has once again renewed the lease of her luxury apartment in Mumbai, taking the flat on rent in Mumbai for another year.The new rental agreement was officially registered on February 25, reaffirming her decision to continue staying in the same residence where she has been living for the past year.
Shraddha Kapoor has taken the flat on rent in Mumbai for another year
Shraddha Kapoor, the daughter of veteran actor Shakti Kapoor and Shivangi Kolhapure, has carved a unique space for herself in the Hindi film industry through her consistent performances and charming screen presence. Known for her impactful roles in films such as Aashiqui 2 and Half Girlfriend . The actress continues to win hearts with her versatile acting. Currently, she has extended her stay by retaining the same flat on rent in Mumbai, for which she will pay a monthly rental of ₹6 lakh.
The luxury apartment is located in Juhu, one of Mumbai’s most prestigious and sought-after residential areas. Often referred to as the heart of Bollywood, Juhu is home to several leading actors, filmmakers, and industry insiders. By choosing to keep her flat on rent in Mumbai In this prime locality, Shraddha ensures convenient access to film studios, production houses, and major business hubs.
According to property documents sourced from Square Yards, the apartment is situated in the Prime Beach residential building in Juhu. The actress had initially taken this flat on rent in Mumbai in October 2024, and the latest agreement extends the lease for another 12 months. The apartment boasts a carpet area of approximately 365 square meters and includes four dedicated parking spaces, making it a spacious and well-equipped residence suited to her lifestyle.
During the initial registration, Shraddha paid a stamp duty of ₹36,000 along with a registration fee of ₹1,000. For the renewed lease period, the total annual rent amounts to ₹72 lakh, which has been paid in advance as per the Leave and License agreement. This renewal once again highlights her preference for maintaining continuity in her living arrangements, especially by continuing with the same flat on rent in Mumbai is a highly desirable neighborhood.
Juhu’s strong connection with the Bollywood industry is well known. The locality is dotted with luxurious apartments, beachfront bungalows, and high-end residential towers that attract celebrities and business elites alike. With its close proximity to the Chhatrapati Shivaji Maharaj International Airport, both domestic and international terminals, Juhu offers unmatched connectivity. This makes it particularly convenient for actors who frequently travel for film shoots, promotions, and international projects. For professionals in the entertainment industry, opting for a flat on rent in Juhu is often a strategic and lifestyle-driven decision.Additionally, major film studios and production houses are located within a short driving distance, further enhancing the appeal of this location. This ease of accessibility plays a crucial role in attracting celebrities, including legendary actors such as Amitabh Bachchan and prominent stars like Hrithik Roshan, who also reside in or around the Juhu area. Consequently, the demand for residential properties, especially premium luxury apartments in Mumbai, remains consistently high.
From a commercial standpoint, land prices and rental values in Juhu have seen significant appreciation over the years. The locality is considered a prime real estate destination, with luxury housing options tailored for affluent individuals who prioritize comfort, privacy, and convenience. As a result, securing a premium flat on rent in Mumbai of this area is seen as both a lifestyle choice and a status symbol.
By renewing her lease, Shraddha Kapoor has once again demonstrated her preference for stability, luxury, and strategic location. Her decision to continue living in Juhu reflects the enduring appeal of the area among Bollywood’s elite. With modern amenities, scenic surroundings, and unmatched connectivity, her flat on rent offers the perfect blend of comfort and convenience, allowing her to maintain a balanced lifestyle while managing her demanding professional commitments.