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Shraddha Kapoor and Shakti Kapoor Lease Mahalaxmi Apartment for Rs 2.5 Lakh Monthly
Shraddha Kapoor and her father, Shakti Kapoor, have leased their 1,050 sq ft apartment in Mahalaxmi, Mumbai, for Rs 2.5 lakh per month. The three-year agreement includes annual rent increases.
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What Happened?
Shraddha Kapoor and her father, Shakti Kapoor, have leased their 1,050 sq ft apartment in Mahalaxmi, Mumbai, for Rs 2.5 lakh per month. The three-year agreement includes annual rent increases.
AI Quick Summary
Shraddha and Shakti Kapoor lease a Mahalaxmi apartment for Rs 2.5 lakh monthly, with rent increasing over three years.
Key points
- The apartment is leased for Rs 2.5 lakh per month.
- The lease agreement is for three years with annual rent increases.
- The apartment is fully furnished with multiple amenities.
- A security deposit of Rs 7.5 lakh is required.
- Shraddha and Shakti Kapoor previously purchased another apartment in the same project.
Key insights
- The annual rent increase could lead to higher rental income over the lease term.
- The fully furnished nature of the apartment may attract premium tenants.
- The Kapoor family's continued investment in real estate indicates their financial stability.
Why it matters
This lease agreement highlights the ongoing real estate activities of the Kapoor family in Mumbai.
Entities
Shraddha Kapoor· PersonShakti Kapoor· PersonMahalaxmi· LocationMumbai· CityPiramal Mahalaxmi· Location
Source
Times of India
