The trend of celebrity rentals: Indian celebrities who live on rent

Bollywood celebrities are generally known for their lavish lifestyle and swanky homes. Superstars like Shah Rukh Khan and Amitabh Bachchan own properties that are counted among the most expensive houses in India. However, some celebrities have chosen to stay in rented homes due to location preference, convenience and the flexibility to relocate when required. Interestingly, these residences are located in some of the posh neighbourhoods of Mumbai and have luxurious interiors reflecting the opulent lifestyle that these stars lead. Besides, the actors pay hefty monthly rent to the tune of lakhs of rupees. Check out the top Bollywood stars who stay on rent in Mumbai.

Vicky Kaushal and Katrina Kaif

Bollywood couple Vicky Kaushal and Katrina Kaif, who tied the knot in December 2021, shifted to their new house, a luxury sea-facing apartment in Juhu, Mumbai. The apartment is located on the 8^th floor of Rajmahal Building in Chandrabai Nagar. As per media reports, the month rent for the ultra-luxurious apartment is Rs 9 lakh. The couple paid a security deposit of Rs 1.75 crore and signed a five-year lease. The monthly rent for the initial 36 months is Rs 8 lakh. The amount for the subsequent year will be Rs 8.40 lakh per month while it will be Rs 8.82 lakh for the remaining 12 months. The sprawling apartment spans an area of Rs 5,000 sqft and includes spacious living rooms, dining areas, bedrooms, pujas room, two servant rooms, washrooms and two balconies.

Source: Instagram @katrinakaif

Kriti Sanon

Kriti Sanon is a famous Bollywood actor and winner of the National Film Award for her role in the movie Mimi. She resides in a luxurious duplex owned by Amitabh Bachchan in Andheri West, Mumbai. The 5,184-square-foot property on the 27^th and 28^th floors of the Atlantis building on Lokhandwala Road was purchased for Rs 31 crore in 2020. As per reports, Kriti paid a security deposit of Rs 60 lakh and a monthly rent of Rs 10 lakh as rent for the residence. Before this, Kriti lived with her parents and sister in Juhu.

Source: Instagram @kritisanon

Nushrratt Bharuccha

Actress Nushrratt Bharuccha has made a mark for herself in the Hindi film industry and delivered many successful performances. As per reports, Nushrratt Bharuccha rented an apartment owned filmmaker Vishal Bhardwaj in Mumbai’s Vile Parle locality. The rented property is situated on the 12^th floor of the building, close to Mithibai College. Bhardwaj had vacated the flat and moved to another property, formerly owned by Sussanne Khan, at the Juhu Versova Link Road. Before renting this property, Nushrratt Bharuccha resided in Windsor Apartments near the Cooper Hospital in Mumbai.

Source: Instagram @nushrrattbharuccha

Imran Khan

Actor Imran Khan, who is the nephew of actor Aamir Khan, and his girlfriend Lekha Washington have rented a three-storey apartment located in Clefepete on Carter Road, Bandra. The sea-facing property is owned by filmmaker Karan Johar. The couple signed a three-year lease agreement with Johar and it was registered on March 20, 2024. They also paid a security deposit of Rs 27 lakh, according to documents accessed by Zapkey.

Khan will pay a monthly rent of around Rs 9 lakh for this rented property.

Imran Khan owns multiple properties in Pakistan and the United Kingdom. One of the popular ones is the magnificent Bani Gala estate he owns in Islamabad.

Source: Instagram @imrankhan

Ali Fazal and Richa Chadha

In 2023, famous actors and celebrity couple Ali Fazal and Richa Chadha rented the sea-facing property in Juhu, Mumbai, for a period of 36 months. As per reports, the couple rented the property together, and both of their names are on all the documents. The initial deposit made for the bungalow was Rs 10 lakh. The monthly rent for the first year is Rs 3 lakh, for the second year, it is Rs 3.15 lakh, and for the final year, it is Rs 3.30 lakh.

Source: Instagram @alifazal9

Click to view details of Ali Fazal and Richa Chadha’s house in Mumbai

Anupam Kher

Veteran Indian actor and director Anupam Kher has been residing in rented apartments for several years.  During an interview on The Curly Tales YouTube channel, the actor revealed he believes in saving money and paying rent rather than investing in a property. The actor, who is married to actor and politician Kirron Kher, owns a house in Chandigarh, Punjab. He also bought a lavish eight-bedroom house for his mother in Shimla.

Why do some celebrities prefer to stay on rent?

We often see popular celebrities splurging in luxury real estate purchases and fulfilling their dreams of owning a house in Mumbai. However, many actors and famous personalities stay on rent. While most of these celebrities have high net worth, they prefer to reside in rented properties primarily because it provides them the convenience and flexibility of working in the city. Besides, renting uber-luxurious properties in prime and posh localities of the city allows these stars to fulfil their lifestyle needs without any long-term commitment of owning a property.

How does the celebrity rental trend impact the real estate market?

The trend of celebrity rentals has contributed significantly to the growth of the luxury property market in cities like Mumbai. The demand for luxury homes from celebrities and high-net-worth individuals (HNIs) and rental rates have increased in recent years, especially in upscale neighbourhoods like Bandra, Juhu and Versova.

Another key trend includes celebrities preferring short-term rentals. Many Bollywood stars have rented flats for three to 12 months. Actor and model Urvashi Rautela rented a 3,600 sqft flat in Mumbai’s Vile Parle for three months between January 2025 and March 2025, as per property documents accessed by IndexTap.com. In October 2024, Shraddha Kapoor rented a 3,900 sqft apartment in Juhu, as per property documents accessed by Zapkey. The actress paid an annual rent of Rs 72 lakh for 12 months.

Properties with a celebrity connection generate interest from potential home seekers and are perceived as a status symbol. This significantly contributes to the rental demand in the area.

Rental rates in posh localities of Mumbai

Housing.com News Viewpoint

Many people look up to celebrities for inspiration in terms of fashion, style and even brand choices. This also extends to real estate, where the house location, amenities and other preferences of these stars significantly influence fans’ lifestyle. Further, real estate agents find an advantage in this trend, especially when marketing their properties. Potential home seekers who are considering such properties for investment or renting should assess their priorities in terms of needs and budget considerations. They should be aware that such properties usually have high rent and maintenance costs. Further, residing in a house previously rented by a celebrity could attract unwanted attention from fans and media. Hence, it is wise to make a choice after evaluating the pros and cons.

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