According to property registry documents accessed through real estate data analytics platform Propstack, Bollywood actress Tamannaah Bhatia is renting a commercial property in Mumbai's prime Juhu area for Rs 1.8 million per month and has mortgaged three houses in Andheri West for Rs 784 million.
Actress Tamanna Bhatia rents commercial property for Rs 1.8 million per month and takes home loan for three apartments in Mumbai for Rs 7.84 crore (file photo)” title=”Actress Tamanna Bhatia rents commercial property for Rs 1.8 million per month and takes home loan for three apartments in Mumbai for Rs 7.84 crore (file photo)” /> Actress Tamanna Bhatia rents commercial property for Rs 1.8 million per month and takes home loan for three apartments in Mumbai for Rs 7.84 crore (file photo)” title=”Actress Tamanna Bhatia rents commercial property for Rs 1.8 million per month and takes home loan for three apartments in Mumbai for Rs 7.84 crore (file photo)” />
The 6,065 sq ft commercial property at Western Wind, Juhu Tara Road, has been leased for five years from Nanavati Construction at a monthly rent of Rs 1.8 million. In the fourth year, the rent is set to rise to Rs 2.016 million and in the fifth year to Rs 2.096 million. The property includes the ground floor and basement rooms of the building, according to the documents.
The deal, registered on June 27, 2024, included a deposit of Rs 72 lakh, according to documents.
Also read: From Karishma Kapoor to Amitabh Bachchan, here's why Bollywood stars prefer investing in commercial real estate
Meanwhile, in a separate deal, three flats in a residential building on Veera Desai Road in Mumbai's Andheri West were mortgaged to lender Indian Bank for Rs 784 crore, according to contract details. The deal was registered on June 14, 2024, and attracted stamp duty of Rs 47 lakh, documents show.
According to the documents, the property, spread over an area of 2,595 sq ft, is located in Lokhandwala Complex in Andheri West.
Bhatia did not respond to HT Digital's email queries regarding the deal. The article will be updated once a response is received.
Celebrity Clients
Real estate investment is popular among Bollywood celebrities. Some of the famous names who have dabbled in it include Amitabh Bachchan, Salman Khan, Ajay Devgn and Manoj Bajpai. Experts attribute this trend to high rental yields on commercial properties and rising asset values of residential properties in the financial capital.
Also Read: Kalki 2898AD star Amitabh Bachchan buys three more commercial properties in Mumbai's Andheri suburb for Rs 60 crore
Last month, the Bachchan family made headlines after father Amitabh Bachchan bought two luxury apartments worth about Rs 7 crore in Mumbai's Borivali suburb, after his son Abhishek Bachchan bought six residential units on the same floor for Rs 154.2 crore.
Big B Amitabh Bachchan also bought three office units worth about Rs 60 crore in Andheri West in the same month.
Also Read: After Abhishek Bachchan, Amitabh Bachchan also buys two flats in Mumbai's Borivali for Rs 6.78 crore