Bollywood star Kartik Aaryan, known for his recent role in the critically-acclaimed film Chandu Champion, has made headlines by leasing out his luxurious Juhu apartment for a whopping ₹4.5 lakh per month. The high-profile property transaction was officially registered on August 28, 2024, as reported by Moneycontrol. The lease agreement involved a substantial stamp duty payment of ₹42,500.
The 1,912-square-foot apartment, located in the prestigious Siddhi Vinayak Building of the Presidency Co-operative Society in Juhu, was purchased by Kartik and his mother, Mala Tiwari, in June 2024 for ₹17.5 crore. The acquisition, which also included two dedicated parking spaces, came with a hefty stamp duty of ₹1.05 crore and a registration fee of ₹30,000.
Interestingly, this is not the first property the Aaryan family owns in the Siddhi Vinayak Building. They already have an apartment on the eighth floor of the same building, demonstrating the family’s preference for the upscale Juhu locality, which is a favored address among Bollywood celebrities. To manage the daily affairs related to the newly acquired apartment, Kartik had given his mother power of attorney, entrusting her with the responsibility of overseeing the property.
The Moneycontrol report also highlights Kartik’s real estate activities from 2023, revealing that his mother, Mala Tiwari, had rented a sprawling 3,681-square-foot apartment from fellow Bollywood actor Shahid Kapoor. The lease for this property was set at ₹7.5 lakh per month, with a significant security deposit of ₹45 lakh, under a 36-month agreement.
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Juhu has long been a sought-after neighborhood for Bollywood celebrities, both from the golden era of Indian cinema and the contemporary film industry. The area is home to iconic figures such as Amitabh Bachchan, Anil Kapoor, Jeetendra, Hema Malini, Shatrughan Sinha, and his daughter Sonakshi Sinha, among others. The locality’s appeal lies in its proximity to the sea, vibrant nightlife, and a rich history of Bollywood culture.
On the professional front, Kartik Aaryan continues to solidify his position as one of Bollywood’s most promising actors with an impressive lineup of upcoming projects. He is set to star in Bhool Bhulaiyaa 3, the much-awaited sequel to his hit film Bhool Bhulaiyaa 2. Additionally, fans are eagerly anticipating the sequel to Pati Patni Aur Woh, another successful venture from 2019. Kartik will also feature in a new, untitled romantic musical directed by the renowned filmmaker Anurag Basu, which has already generated considerable buzz in the industry.
Kartik Aaryan’s success story, from being an outsider in Bollywood to owning prime real estate in one of Mumbai’s most coveted areas, is a testament to his hard work and dedication. As he continues to climb the ladder of success, both in his career and personal life, Kartik remains a figure of inspiration for many aspiring actors and a significant presence in the Bollywood landscape.
