Bollywood star Tamannaah Bhatia rents commercial property in Mumbai’s upscale Juhu, making headlines with a five‑year Tamannaah Bhatia rents commercial property lease valued at ₹18 lakh per month. Moreover, she mortgaged three residential flats in Andheri West, underscoring a bold real‑estate strategy.
The Scenario: What Happened
In June 2024, Tamannaah Bhatia rented commercial property—a 6,065 sq ft unit in the Western Wind building on Juhu Tara Road—from Nanavati Construction. Registered on 27 June 2024, the deal entails a security deposit of ₹72 lakh and stamp duty of ₹2.9 lakh The monthly rent is ₹18 lakh, rising to ₹20.16 lakh in year 4 and ₹20.96 lakh in year 5 ET Now+12Housing+12Realty Today+12.
Simultaneously, she mortgaged three apartments in Lokhandwala Complex, Andheri West, to Indian Bank—covering 2,595 sq ft—for ₹7.84 crore. That mortgage was registered on 14 June 2024, with stamp duty of ₹4.7 lakh ET Now+10Housing+10Aquireacres+10.
Summary of Events
- Tamannaah Bhatia rents commercial property in Juhu at ₹18 lakh/month
- Lease starts June 27, 2024; rent escalates in later years
- Security deposit ₹72 lakh; stamp duty ₹2.9 lakh
- Mortgaged three Andheri flats for ₹7.84 crore on June 14, 2024
- Properties cover 2,595 sq ft; stamp duty ₹4.7 lakh
Analysis: Why It Matters
Firstly, Tamannaah Bhatia rents commercial property shows her intent to secure prime business space in Mumbai. Secondly, leveraging her residential assets via mortgage demonstrates financial maneuvering to support investment or business goals. In fact, various Bollywood celebrities similarly invest in Mumbai real estate for rental income and capital growth
