World · India Bureau
Bollywood actor Ranbir Kapoor leases luxury Pune apartment for Rs 4.63 lakh monthly
The actor has put his Trump Tower residence in Pune on the rental market, commanding a monthly lease amount of Rs 4.63 lakh with an annual escalation clause. The arrangement will see the rental increase by 5 per cent each year.
LSN India ·
Bollywood star Ranbir Kapoor has listed his luxury apartment in Pune's Trump Tower for lease, generating a substantial monthly income of Rs 4.63 lakh. The arrangement includes a built-in escalation clause, with the rental amount set to increase by 5 per cent annually.
The property represents a premium offering in Pune's real estate market, reflecting the high demand for luxury residential spaces among affluent professionals and investors in the city. Trump Tower has emerged as one of the preferred addresses for high-end residential properties in Pune.
This move by the actor adds to the growing trend of Bollywood celebrities leveraging their real estate portfolios as investment vehicles. Many actors and entertainers have increasingly turned to the rental market to generate steady income streams from their property holdings across major Indian cities.
The lease arrangement underscores the robust rental market for luxury apartments in tier-two metros like Pune, where corporate relocation and business expansion have driven demand for premium residential accommodations.