Alia Bhatt's production house rents Bandra apartment for ₹9L/month
What's the story
Alia Bhatt's production company, Eternal Sunshine Production Pvt Ltd, has rented an apartment in Mumbai's Bandra area for ₹9L per month.
The property is situated on the sixth floor of the Vastu Building on Nargis Dutt Road in Pali Hill, documents accessed by IndexTap.com show.
The lease agreement was registered on February 21 with ₹1.25L stamp duty and ₹1,000 registration fees paid.
Agreement specifics
Lease agreement details and security deposit
Narendra Shetty is the lessee of the apartment, which he has leased with a deposit of ₹36L. The lease is for 48 months or four years, with a 5% increase in rent every year.
Neither Eternal Sunshine Production Pvt Ltd nor Shetty responded to requests for comments on the transaction.
Premium address
Pali Hill: A sought-after location for celebrities and HNIs
Pali Hill in Bandra is a coveted address among Bollywood stars, cricketers, and high-net-worth individuals. Luxury housing projects in the area command rates of ₹1L per square foot and above.
In July 2024, cricketer KL Rahul and his wife Athiya Shetty bought an apartment here for ₹20cr.
Meanwhile, Apco Infratech Private Limited bought a sea-view triplex apartment worth ₹155cr in the same area last year.