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Bollywood actor Shraddha Kapoor has renewed the lease on her premium sea-facing apartment in the Prime Beach building in Juhu, Mumbai, agreeing to pay a monthly rent starting at INR 6 lakh, according to property registration documents reviewed from the Inspector General of Registration (IGR) records. The lease renewal, registered in February 2026, is for a 12-month term, making the total rental value for the period INR 72 lakh. The apartment spans approximately 365 sq metres (about 3,929 sq ft) and includes four dedicated car parking spaces. The renewal follows a prior lease registered in October 2024 and reflects sustained demand for high-end residential rentals in Mumbai's coveted Juhu locality, one of the city's most sought-after neighbourhoods for premium real estate. The agreement attracted a stamp duty payment of INR 36,000 and registration charges of INR 1,000.
Bollywood actor Shraddha Kapoor has formalised a lease renewal for her luxury sea-facing apartment in Mumbai's Juhu Prime Beach locality, with the renewed agreement bearing a monthly rent of INR 6 lakh. The lease was officially registered in February 2026, according to property documents accessed via the Inspector General of Registration, Maharashtra. Advertisement
The renewed contract covers a 12-month tenure, during which the cumulative rental value stands at INR 72 lakh. The apartment, which was previously leased under an agreement registered in October 2024, measures about 365 sq metres (approximately 3,929 sq ft) and includes four designated car parking spaces. The registration attracted a stamp duty payment of INR 36,000 alongside registration charges of INR 1,000.
Prime Beach is among Juhu's premium residential addresses, renowned for its sea views and proximity to the Arabian Sea, and remains a focal point for high-net-worth residents and affluent tenants. The locality's appeal is supported by its accessibility to key city hubs via the Western Express Highway and its proximity to urban amenities. Juhu continues to be one of Mumbai's most sought-after neighbourhoods for upscale living, drawing interest from celebrities, corporate executives and long-term investors alike.
The apartment's lease renewal underscores the buoyancy of the luxury rental segment in Mumbai, where premium residential rentals have held firm even amid broader shifts in the real estate market. High-end leasing activity in areas such as Juhu, Bandra and South Mumbai often reflects lifestyle preferences as well as strategic decisions by high-profile tenants to retain flexibility without committing to property ownership in a market with steep acquisition costs.
Industry observers note that luxury rentals in top-tier micro-markets attract significant attention, with monthly rents for sea-facing or prime location apartments frequently commanding premium levels. The renewed lease agreement for the Juhu property adds to a series of high-value rental transactions in Mumbai's luxury category, highlighting sustained demand at the upper end of the residential leasing spectrum.
While the details of the tenant's future plans remain private, the renewal reinforces Juhu's status as a consistently strong performer in Mumbai's luxury residential real estate market.
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