Malaika Arora
has rented out her
apartment
in
Bandra West
, Mumbai, to costume designer
Kashish Hans
for a monthly rent of Rs 1.57 lakh for three years, as revealed by documents accessed by
Zapkey
.
According to Hindustan Times, the apartment, situated in
Pali Hill
, Bandra West, is subject to a 5 per cent escalation in rent every year, according to the
rent agreement
.
The breakdown of the monthly rent over the three years is as follows: Rs 1.5 lakh for the first 12 months, Rs 1.57 lakh for the next 12 months, and Rs 1.65 lakh for the subsequent year, as per the documents.
The rent agreement was officially registered on April 29, 2024. Additionally, the tenant has paid a security deposit of Rs 4.5 lakh, as indicated in the documents.
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This isn’t Malaika Arora’s first rental agreement for her property. Previously, she had rented her Bandra apartment to Jeffrey Goldenberg, owner of The Jeff Goldenberg Studio, for Rs 1.2 lakh per month, as reported by Zapkey.
In related news, Malaika’s boyfriend, actor
Arjun Kapoor
, made headlines for selling his apartment in the 81 Aureate building in Bandra West for Rs 16 crore in 2022. The 4,364-square-foot flat, located on the 19th floor of the building on KC Marg, garnered attention for its luxurious features and prime location.