Kajol rents out Mumbai retail unit for ₹6.9L/month
What's the story
Bollywood actor Kajol Devgn has rented out a retail unit in Mumbai's Goregaon West area for a monthly rent of ₹6.9L, reported Square Yards. The deal was registered in November 2025 and includes a security deposit of ₹27.61L. The property, located in Bharat Arize, has a carpet area of 1,817 sq ft and comes with one car parking space.
Agreement details
Rental agreement spans 9 years with escalations
The rental agreement, per Square Yards, is for nine years starting from November 2025. The monthly rent will be ₹6.9L for the first three years, with a 15% hike after every three-year period. This means the rent will increase to ₹7.9L for the next three years and further to ₹9.13L in the last three years of the lease term. The total rent earned during this period is estimated at ₹8.6 crore.
Locality advantage
Goregaon West: A real estate hotspot
Goregaon West is a fast-growing real estate hub in Mumbai, offering a mix of residential and commercial properties. The area is well-connected via the Western Express Highway, Link Road, SV Road, and the suburban railway network. It is also close to major business and entertainment districts like Andheri, Malad, and the Oshiwara District Centre (ODC). This strategic location makes it an attractive option for both homebuyers and businesses.
Actor's profile
Kajol's illustrious career in Indian cinema
Kajol is one of India's most loved and celebrated actors. With a career spanning over 30 years, she has given us memorable performances in films like Dilwale Dulhania Le Jayenge, Kuch Kuch Hota Hai, Fanaa, and My Name Is Khan. She has won several Filmfare Awards and was awarded the Padma Shri for her contribution to Indian cinema.