Tue, Nov 12, 1:05 PM
Bollywood actor Shahid Kapoor has recently rented out his luxurious apartment in Mumbai’s prestigious Three Sixty West, Worli. According to Square Yards, the property spans 5,395 sq. ft. (~501.21 sq. m) of carpet area and 573.78 sq. m (~6,175.42 sq. ft) of built-up area, with three dedicated car parking spaces.
The apartment, originally purchased in May 2024 for Rs. 58.6 crore was jointly acquired by Shahid and Mira Kapoor. Three Sixty West, developed by Oberoi Realty, is a high-end residential project spread over 1.58 acres, offering 4 and 5 BHK ready-to-move-in apartments.
The lease agreement, registered in November 2024, is for a tenure of 60 months with an initial security deposit of Rs. 1.23 crore. As per Square Yards, the property will generate an average gross rental yield of 4-5%. The lease follows a tiered rental structure, starting at Rs. 20.5 lakh per month and gradually increasing to Rs. 23.98 lakh by the end of the term in five years. Additionally, the agreement includes a rent-free period for the first 10 months.
Bollywood actor Shahid Kapoor has joined the league of celebrities who have recently rented out their luxury properties in Mumbai. Some other notable celebrities who have rented out their properties in recent period include Kartik Aaryan, Ranveer Singh, and producer Sajid Nadiadwala
Bollywood star Shahid Kapoor continues to shine as one of the industry’s most versatile actors. His recent performance in Farzi, his debut web series, received critical acclaim, marking a successful foray into digital entertainment. Kapoor also garnered widespread praise for his role in Jersey, earning nominations for major awards. His portrayal of intense characters in films like Kabir Singh and Haider has solidified his reputation as a powerhouse performer, while his ability to excel across genres keeps him at the forefront of Indian cinema.