R. Madhavan and wife Sarita rent out BKC apartment worth Rs 17.5 crores; flat to fetch estimated Rs 1.6 crores rental income over 2 years : Bollywood News

R. Madhavan and wife Sarita rent out BKC apartment worth Rs 17.5 crores; flat to fetch estimated Rs 1.6 crores rental income over 2 years : Bollywood News

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Indian actor R. Madhavan and wife Sarita have given on rent a co-owned residential apartment positioned in Mumbai’s Bandra Kurla Complex for a beginning month-to-month rent of Rs. 6.50 lakh, in accordance to property registration paperwork reviewed by actual property platform squareyards.com on the web site of the Inspector General of Registration (IGR). The depart and license settlement was formally registered in June 2025.

R. Madhavan and wife Sarita rent out BKC apartment worth Rs 17.5 crores; flat to fetch estimated Rs 1.6 crores rental income over 2 years

Bandra Kurla Complex (BKC) is a deliberate industrial hub in Mumbai, developed to ease congestion in conventional enterprise districts. It hosts a focus of monetary establishments, multinational corporations, and consulates, making it one of many metropolis’s most sought-after workplace markets. While primarily industrial, the encompassing areas have seen high-end residential growth pushed by proximity and infrastructure. Strong connectivity and constant demand proceed to maintain property values elevated throughout segments.

According to property registration paperwork accessed by Square Yards, R. Madhavan and his wife Sarita have rented out a residential unit positioned in Signia Pearl, Bandra Kurla Complex. The rental settlement features a safety deposit of Rs. 39 lakh and was registered with a stamp responsibility of Rs. 47,000 and registration costs of Rs. 1,000.

As per Square Yards’ evaluation, the lease tenure spans 24 months (two years), ranging from the primary week of June 2025, with a lock-in interval of 16 months. The month-to-month rent begins at Rs. 6.50 lakh within the first 12 months and escalates by 5% to roughly Rs. 6.83 lakh within the second 12 months. Over the total time period, the cumulative rental worth is estimated at roughly Rs. 1.60 crore.

Madhavan and his wife acquired this property—measuring 388.55 sq. m. (~4,182 sq. ft.)—for a complete worth of Rs. 17.50 crore in July 2024. Based on the agreed rental phrases and acquisition price, the gross rental yield stands at roughly 4.5% for the primary 12 months, rising to round 4.7% within the second 12 months of the lease.

R. Madhavan is an Indian actor and filmmaker identified for his work predominantly in Tamil and Hindi cinema, with appearances in Telugu, Kannada, Malayalam, and English movies as properly. He established himself with profitable Tamil movies like Minnale (2001), Kannathil Muthamittal (2002), Anbe Sivam (2003), and Aaytha Ezhuthu (2004), whereas additionally making a mark in Hindi cinema with notable roles in Rang De Basanti (2006), Guru (2007), and the blockbuster 3 Idiots (2009). As of 2025, Madhavan stays actively concerned in a number of movie tasks, following his directorial debut with Rocketry: The Nambi Effect.

Also Read: Happy Birthday R Madhavan: Celebrating a outstanding 25-year journey in cinema

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