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Bollywood actor Kartik Aaryan has rented out his luxury apartment in Mumbai's Juhu locality for Rs 4.5 lakh per month, showcasing the strength of the real estate market.
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The property, located in Siddhi Vinayak Presidency Co-operative Housing, spans 1,912 sq ft. and was registered with a stamp duty of Rs. 42,500.
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Aaryan originally bought the apartment for Rs 17.5 crore, jointly with his mother, incurring a stamp duty of Rs. 1.05 crore and a Rs. 30,000 registration fee.
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The rental yield on Aaryan’s Juhu property stands at 31%, according to Square Yards.
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This is part of Aaryan's broader real estate investments, including another apartment in the same housing project purchased by his parents for Rs 16.5 crore.
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Juhu is a highly desirable area among celebrities and professionals due to its beachfront, luxury high-rises, and proximity to high-end amenities
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The locality's popularity was further highlighted by the recent property purchase by renowned screenwriter Javed Akhtar
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Kartik Aaryan has become one of India's top young stars with hit films like Pyaar Ka Punchnama, Sonu Ke Titu Ki Sweety, and Bhool Bhulaiyaa 2
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His relatable performances and charming on-screen presence have garnered him a massive fan following
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Aaryan's recent work in Chandu Champion has been well-received, and his upcoming film Bhool Bhulaiyaa 3 is set for release this Diwali
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