News Bollywood Actors Deepika Padukone, Ranveer Singh Rent Apartment for Rs 7 lakh/mth: Sq Yards

Mumbai, November, 2024: Bollywood actor Deepika Padukone, along with her husband Ranveer Singh, has recently leased an apartment in Mumbai’s upscale Beau Monde Towers Co-operative Housing Society Ltd, for a monthly rent of Rs. 7 lakhs. The project is located in Prabhadevi. The area is renowned for housing the iconic Siddhivinayak Temple and is in close proximity to popular landmarks like Dadar Beach and High Street Phoenix.

According to Square Yards, the apartment rented by the couple spans a built-up area of 3,245 sq. ft. (~301.47 sq. m) and a carpet area of 2,319.50 sq. ft. (~215.49 sq. m), along with three dedicated car parking spaces. The lease agreement, registered in November 2024, spans a tenure of 36 months and includes an initial security deposit of Rs. 21 lakhs. The rental arrangement follows a tiered structure, with the monthly rent set at Rs. 7 lakhs for the first 18 months, rising to Rs. 7.35 lakh for the remaining 18 months. 

Deepika Padukone already owns a property in Beau Monde Towers, a luxury residential project by the Ashwin Sheth Group which offers 2, 3, 4, and 5 BHK apartments. Her latest leased apartment is an addition to her recent real estate investments, which include a premium apartment in Bandra and a spacious bungalow in Alibaug.