Curation Team
NEW DELHI: Vicky Kaushal has renewed the lease for 2,781.83 sq ft apartment located in Raj Mahal, Juhu, for a monthly rent starting at ₹17.01 lakh. The lease agreement provides exclusive rights to three car parking spaces, along with a security deposit of ₹1.75 crore.
The transaction incurred a stamp duty payment of ₹1.69 lakh and registration charges of ₹1,000, according to the Inspector General of Registration (IGR) documents reviewed by Square Yards. The three-year lease renewal transaction was officially registered in April 2025.
Square Yards’ analysis reveals that the current three-year lease agreement starting from January 2025, includes a monthly rent of ₹17.01 lakh for the first and second years, which increases to ₹17.86 lakh in the final year.
Over the lease tenure, the total rental payment by Kaushal is projected to reach approximately ₹6.2 crore. This renewal follows a previous lease agreement signed in July 2021 for a five-year period, where the monthly rent started from ₹8 lakh.
