New Delhi: shahid kapoor I have rented out my apartment in three sixty westdeveloped by Oberoi Realty In worli, Mumbai, square yards Information was given in a media release.
The property is spread over 5,395 sq ft carpet area with three dedicated car parking spaces. The apartment, originally purchased in May 2024 for Rs. 58.6 crores were jointly acquired by Shahid and mira kapoor,
The lease agreement, registered in November 2024, is for a period of 60 months with an initial security deposit of Rs. 1.23 crores.
As per square yard, the property will generate an average gross rental yield of 4-5%. The lease follows a tiered rental structure, starting from Rs. 20.5 lakh per month and gradually increasing to Rs. 23.98 lakh by the end of tenure in five years. Additionally, the agreement includes a rent-free period for the first 10 months.
