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Bollywood actor Shahid Kapoor has leased his 1,400 sq. ft. apartment in Versova's Cozy Apartments for INR 75,000 per month, with a planned rent increase to INR 78,750 after the first year. The lease, registered in January 2025, includes a security deposit of INR 2,25,000. This move underscores the growing trend among celebrities to diversify their income through real estate investments. Versova's popularity and rising property values make it an attractive rental hub. As Mumbai's demand for rental properties surges, Kapoor's decision highlights the strategic financial planning many actors are adopting to secure long-term returns.
Bollywood actor Shahid Kapoor has taken a step into the real estate market by renting out his apartment in Versova, Mumbai. The lease agreement, which was registered in January 2025, will provide him with a monthly rental income of INR 75,000. This move highlights not only Kapoor's investment in property but also reflects the growing trend among celebrities to diversify their income sources. Advertisement
The apartment is located in Cozy Apartments, a project developed by Cozy Group. The complex is situated in a prime area known for its lively atmosphere and cultural significance. Versova is popular among both locals and newcomers for its beaches, restaurants, and entertainment options. The project offers 2 and 3 BHK apartments and is designed to be ready for immediate occupancy.
According to the official property registration documents, Kapoor's apartment spans 1,400 square feet. The rental agreement includes a security deposit of INR 2,25,000, with a planned increase in rent to INR 78,750 after the first year. The transaction also involved a stamp duty payment of INR 4,725 and registration charges of INR 1,000. This kind of rental income can be a smart financial move, especially in a city like Mumbai, where property values are consistently on the rise.
Shahid Kapoor is not just known for his real estate ventures; he is also a prominent figure in the Indian film industry. With a career spanning over two decades, he has starred in numerous successful films, earning critical acclaim and multiple awards. His performances in movies such as Jab We Met, Haider, and Kabir Singh have made him a household name. Beyond acting, Kapoor's ability to manage his finances and investments is noteworthy, as many actors seek to secure their financial future through real estate and other ventures.
The trend of celebrities renting out properties is becoming increasingly common in Mumbai. As the city continues to grow, the demand for rental properties remains high, making it an attractive option for many. With its vibrant lifestyle and excellent connectivity, Versova is likely to attract a wide range of tenants, ensuring a steady income for Kapoor.
In summary, Shahid Kapoor's decision to rent out his apartment reflects a broader trend among celebrities in Mumbai who are leveraging their assets for additional income. As property values in the city continue to rise, it will be interesting to see how other actors and public figures follow suit in the real estate market.
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