Curation Team
NEW DELHI: Priyanka Chopra‘s mother Madhu Chopra and brother Siddharth Chopra, have recently leased out 4,800 sq ft (445.9 sq meters) property located in Koregaon Park, Pune, for a monthly rental value of ₹2.25 lakh
The transaction incurred a stamp duty payment of ₹39,000 and registration charges of ₹1,000, according to the Inspector General of Registration (IGR) documents reviewed by Square Yards. The transaction was registered in February 2025.
The registration document specifies a security deposit of ₹13.5 lakh, with a lock-in period of 36 months for the lease.
The lease agreement specifies an annual rent escalation of 5%, with the monthly rent starting at ₹2.25 lakh and being ₹2.73 lakh in the fifth year. Over the five-year lease term, the total rental income is expected to amount to ₹1.49 crore.
The same property was purchased by the Chopras in August 2017 for Rs. 5.6 crore. Given this, the annual rental yield in the first year will be at 4.8%, and by the fifth year, it is projected to increase to 5.86%.
