Also Read: Malaika Arora on her journey as an entrepreneur with The Label Life: 'Not a bed of roses'According to the report, the apartment is in Pali Hill, Bandra West.
As per the agreement, the apartment rent will increase 5% yearly.
The monthly breakdown of the paid amount shows that the tenant must pay ₹1.5 lakh monthly in the first year, ₹1.57 lakh monthly in the second year, and ₹1.65 lakh monthly in the third year.
Earlier, Malaika Arora had rented her Bandra house for ₹1.2 lakh.
Also Read: Beauty brand Anastasia Beverly Hills signs Malaika Arora as brand ambassadorIn 2022, Malaika Arora's boyfriend, Arjun Kapoor, sold an apartment in 81 Aureate building in Bandra West for ₹16 crore.
Bollywood actress and fitness enthusiast Malaika Arora has rented out her Mumbai apartment in Bandra West to costume designer Kashish Hans for a monthly rent of ₹1.57 lakh for three years, reported Hindustan Times, referring to documents by Zapkey.
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According to the report, the apartment is in Pali Hill, Bandra West. As per the agreement, the apartment rent will increase 5% yearly. The monthly breakdown of the paid amount shows that the tenant must pay ₹1.5 lakh monthly in the first year, ₹1.57 lakh monthly in the second year, and ₹1.65 lakh monthly in the third year.
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Based on the rent document, dated April 29, 2024, it was found that tenant Kashish Hans will be paying ₹1.65 lakh by the third year of stay at the house. The house was taken on rent after paying a security deposit of ₹4.5 lakh, reported HT, citing the document.
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The actress has yet to confirm the development officially. Earlier, Malaika Arora had rented her Bandra house for ₹1.2 lakh. Jeffrey Goldenberg, who owns The Jeff Goldenberg Studio, purchased the house on rent.
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In 2022, Malaika Arora's boyfriend, Arjun Kapoor, sold an apartment in 81 Aureate building in Bandra West for ₹16 crore. Arora is also known to own a flat in Aureate building. The actress also faced a dispute with the builder regarding possession of the property. According to a previous HT report, the actress had moved to the real estate regulator MahaRERA against the developer for failing to provide timely possession. However, the dispute was settled amicably in 2021.
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