Shraddha Kapoor's Juhu Apartment Lease: A Window into Mumbai's Luxury Rental Market

Some property transactions tell you more about a market than any data report can.

Shraddha Kapoor has renewed the lease on her luxury apartment in Prime Beach, Juhu, at a monthly rent of Rs 6 lakh. The 12-month agreement was officially registered in February 2026, with the total rental value for the full term amounting to Rs 72 lakh. Property registration documents reviewed by Square Yards through the IGR Maharashtra portal confirmed the details.

This is not just a celebrity lifestyle story. It is a window into what Mumbai luxury apartment rent actually looks like at the premium end, and why addresses like Juhu continue to command numbers that most cities in India cannot match.

The apartment is a sprawling 3,929 square feet unit spread across 365 square metres inside the Prime Beach building in Juhu. The lease comes with four dedicated car parking spaces, which is a detail worth pausing on given how scarce parking is across Mumbai's denser pockets.

The Shraddha Kapoor Mumbai apartment lease renewal involved a stamp duty payment of Rs 36,000 and registration charges of Rs 1,000. The same apartment had previously been leased by the actress, with the earlier agreement registered in October 2024. The renewal in February 2026 means she has now committed to another 12 months at the same address.

At Rs 6 lakh a month for roughly 3,929 square feet, the per square foot rental works out to approximately Rs 153 per month. For a premium building in Juhu, this is consistent with current Juhu apartment rent 6 lakh monthly benchmarks for large format luxury units in the area.

Why Juhu is the most expensive celebrity rental address in Mumbai is a question that combines geography, legacy, and exclusivity in roughly equal measure.

Juhu sits on the western coastline of Mumbai, offering sea-facing views that very few residential micro-markets in the city can match at scale. It is well-connected through the Western Express Highway, the JVPD road network, and has close proximity to the domestic and international terminals of Chhatrapati Shivaji Maharaj International Airport. The Bandra Kurla Complex, Andheri, and Santacruz are all reachable within a manageable commute.

But connectivity alone does not explain the premiums. Juhu has a decades-long reputation as the residential address of choice for Bollywood's biggest names. Amitabh Bachchan, Akshay Kumar, Ajay Devgn, Varun Dhawan, and Hrithik Roshan are among the prominent personalities who have called Juhu home over the years. That density of high-profile residents creates a self-reinforcing premium. Landlords know who their potential tenants are, and they price accordingly.

Shraddha Kapoor's lease is one of several high-value celebrity rental Juhu Mumbai 2026 transactions that have drawn attention to what the top end of Mumbai's rental market actually looks like.

Ranveer Singh and Deepika Padukone have previously rented a property in Mumbai at Rs 7 lakh per month. These transactions are not outliers. They reflect a genuine tier of the Mumbai premium rental market 2026 where large, well-maintained luxury units with premium building credentials and desirable micro-market addresses routinely transact in the Rs 5 lakh to Rs 10 lakh per month range.

For landlords, these arrangements are financially significant. A Rs 6 lakh monthly rent generates Rs 72 lakh annually on a single asset. On a property of roughly 3,929 square feet in Juhu, that translates to a gross rental yield that, while modest relative to the property's likely market value, is reliable, legally documented, and inflation-indexed through periodic escalation clauses.

The Prime Beach Juhu apartment building sits within a micro-market where capital values have remained firm despite broader market fluctuations. Demand consistently outpaces supply at the premium end because large-format luxury apartments in well-maintained older buildings with sea proximity are simply not being added to the market.

New supply in Juhu is limited by land availability and the density of existing development. This scarcity, combined with persistent demand from film industry professionals, senior corporate executives, and high-net-worth families, is what keeps Juhu real estate celebrity homes among the most resilient segments of Mumbai's residential market.

How Mumbai luxury rental market is performing in 2026 Juhu Bandra comes down to one consistent theme. Limited supply, high-quality tenants with demonstrated paying capacity, and an address that carries genuine lifestyle and social premium are keeping rents elevated even as other parts of the city see more negotiation.

Shraddha Kapoor has renewed her lease at Prime Beach, Juhu, at Rs 6 lakh per month for 12 months, with the deal registered in February 2026 and total rental value standing at Rs 72 lakh. The 3,929 square feet apartment with four parking spaces reflects what Mumbai luxury apartment rent looks like at the premium end of the market. The transaction also underlines why Juhu real estate celebrity homes continue to hold firm, with limited new supply and consistent high-value demand keeping the Mumbai premium rental market 2026 resilient across top micro-markets.