Priyanka Chopra’s family lease out property in Pune at ₹2.25 lakh per month, ET RealEstate

April 8, 2025
1 min read
Priyanka Chopra’s family lease out property in Pune at ₹2.25 lakh per month, ET RealEstate


120090660

NEW DELHI: Priyanka Chopra‘s mother Madhu Chopra and brother Siddharth Chopra, have recently leased out 4,800 sq ft (445.9 sq meters) property located in Koregaon Park, Pune, for a monthly rental value of ₹2.25 lakh

The transaction incurred a stamp duty payment of ₹39,000 and registration charges of ₹1,000, according to the Inspector General of Registration (IGR) documents reviewed by Square Yards. The transaction was registered in February 2025.

The registration document specifies a security deposit of ₹13.5 lakh, with a lock-in period of 36 months for the lease.

The lease agreement specifies an annual rent escalation of 5%, with the monthly rent starting at ₹2.25 lakh and being ₹2.73 lakh in the fifth year. Over the five-year lease term, the total rental income is expected to amount to ₹1.49 crore.

The same property was purchased by the Chopras in August 2017 for Rs. 5.6 crore. Given this, the annual rental yield in the first year will be at 4.8%, and by the fifth year, it is projected to increase to 5.86%.

  • Published On Apr 8, 2025 at 11:30 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRealty App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App
realty barcode



Source link

curationteam

Curation Team will curate content from different sources and present for you. We will not edit any content. Source link is provided for the source from where its received .

Leave a Reply

Your email address will not be published.

Keystone Realtors reports pre-sales of ₹30.28 billion in FY25, ET RealEstate
Previous Story

Keystone Realtors reports pre-sales of ₹30.28 billion in FY25, ET RealEstate

Godrej Properties' booking value grows 31% to ₹29.444 crore in FY25, ET RealEstate
Next Story

Godrej Properties’ booking value grows 31% to ₹29.444 crore in FY25, ET RealEstate

Latest from Blog