5 days ago
Shah Rukh Khan rents four apartments as Mannat undergoes renovation for Rs 24 lacs a month, Aamir Khan buys new space worth Rs 9.75 crore
Shah Rukh Khan's iconic abode Mannat is under renovation and the actor and his family have shifted to film producer Vashu Bhagnani's building Puja Casa with a reported rent of Rs 24 lacs for 30 days (a month). And then there's Aamir Khan, who has purchased a new apartment for Rs 9.75 crore in Mumbai. The sale agreement was finalised last year in June.
And then we have actors who are selling their properties like Akshay Kumar and Priyanka Chopra. Kumar sold a commercial office space in Lower Parel for Rs 8 crore in April 2025. He had purchased the unit in 2020 for Rs 4.85 crore, earning a 65% return.
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Coming to Priyanka, the actress sold four luxury apartments in Andheri West for Rs 16.17 cr. The flats were located in the Oberoi Sky Gardens project. The selling of properties seems to be a profitable strategy for the actors. Given the sky-rocketing real-estate prices in Mumbai, majority of the actors prefer renting spaces in the city as opposed to owning one.
Bollywood star Imran Khan and his girlfriend Lekha Washington recently rented an abode in Mumbai for Rs 9 lakhs per month from filmmaker Karan Johar. But Khan isn't the only actor from the industry to lease an apartment on rent. There are many other names like Katrina Kaif, Kartik Aaryan, Kriti Sanon. There could be a reason why many Bollywood stars prefer to rent a property instead of buying it.
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So the next best option is to rent. Yet another reason is unstable income because of which they may not want to commit to a large outgo on purchase. They, therefore, prefer to spend a high amount on rent rather than purchasing an apartment.
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They first prefer to take the flat on lease but keep scouting for the right fit. Once they find the apartment of their choice, they eventually buy it. There have also been cases wherein newcomers first decide to take a house on rent as they may not be able to afford an apartment at the start of their careers. Besides, their earnings are not regular and they may not prefer committing to regular EMIs. Having said that, there are actors who buy apartments only to rent them out for rental income.
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