Kamal Ghorui
Sara Ali Khan is the latest celebrity to tap into Mumbai’s booming real estate market. The actor has leased out her bungalow in Andheri West for a total deal value of Rs 4.14 crore over five years.
Property leased for school operations
According to property registration documents accessed via CRE Matrix, the bungalow has been rented out to Prodigy Montessori India Private Limited. The premises will be used for school-related operations by the tenant.The property is located in Belscot Co-operative Housing Society in the Old Lokhandwala Complex, a sought-after residential pocket in Andheri West. The bungalow spans approximately 4,500 sq ft.
Rent details and lock-in period
The monthly rent begins at Rs 6.5 lakh for the first two years. From the third year onwards, it will see a 5% annual escalation — rising to Rs 6.82 lakh in year three, Rs 7.16 lakh in year four, and Rs 7.52 lakh in year five.As per the documents, the tenant has paid a security deposit of Rs 20 lakh. The agreement includes a lock-in period of 36 months, effective May 1, 2026.
Deal comes amid Badrinath–Kedarnath affidavit row
This development comes at a time when Sara Ali Khan has been in the news over a new directive related to temple visits.Badri-Kedar Temple Committee Chairman Hemant Dwivedi recently stated that non-Hindus will be required to submit an affidavit if they wish to seek blessings at the Badrinath and Kedarnath temples. Speaking to the media, he said that devotees who are not Hindus will need to provide proof affirming their belief in Hinduism in order to visit the temples going forward.With this move, Sara joins a growing list of Bollywood celebrities monetising their real estate assets by leasing premium properties across Mumbai.
