Advertisement
When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
Mumbai Indians captain Rohit Sharma has rented out his 1,298 sq. ft. luxury apartment in Lodha Marquise, Lower Parel, for INR 2.6 lakh per month. The flat, co-owned with his father, was purchased in 2013 for INR 5.46 crore. A second unit in the same complex was leased in October 2024 for INR 2.65 lakh monthly. Rohit also owns a 6,000 sq. ft. apartment in Ahuja Towers, Worli, worth INR 30 crore. Lower Parel and Worli remain prime real estate markets due to their connectivity and high rental yields, making them attractive for luxury investors and tenants alike.
Mumbai Indians skipper Rohit Sharma has rented out his Lower Parel, Mumbai apartment for INR 2.6 lakh a month. The flat, having 1,298 sq. ft. carpet area, is located in Lodha Marquise - The Park, a luxury residential complex developed by Macrotech Developers. Two car parking areas are also part of the apartment. Advertisement
As per property registration records seen by Square Yards, the lease deal was registered in January 2025. The rent agreement fetched a stamp duty of INR 16,300 and a registration fee of INR 1,000. The flat was bought in March 2013 by Rohit and his father, Gurunath Sharma, for INR 5.46 crore. Along with this unit, the duo also holds another flat from the same project, which in October 2024 was leased out for INR 2.65 lakh per month.
Apart from these properties, Rohit Sharma owns a luxurious 6,000 sq. ft. apartment in Ahuja Towers, Worli, which he purchased in 2015 for INR 30 crore. This residence offers panoramic sea views and is among the most prestigious addresses in Mumbai.
What was once a historic textile mill complex, Lower Parel has become one of the most popular business and residential areas in Mumbai. With corporate houses, high-end malls, and high-end residential properties, the area still sees high rental yields. Luxury apartments here usually earn between INR 2.5 lakh and INR 3.5 lakh per month, making it a profitable investment for high-end real estate investors.
Mumbai's real estate market, particularly in areas like Lower Parel and Worli, is characterized by high demand for luxury properties. These areas offer excellent connectivity to major business districts such as Bandra-Kurla Complex (BKC) and Nariman Point, making them attractive for both residential and commercial investments
The luxury segment in Mumbai continues to attract high-end buyers and investors. Properties like those in Lodha Marquise and Ahuja Towers are in demand due to their prime locations and luxurious amenities.The rental market in areas like Lower Parel and Worli remains strong, driven by the demand for premium living spaces with good connectivity to business hubs.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
