HDFC Bank will pay Rs 8.6 Crore Rent to Kajol: Bank has leased 1,817 Sq Ft Property in Goregaon
HDFC Bank will pay Rs 8.6 Crore Rent to Kajol: Bollywood actor Kajol Devgan has rented out a retail unit in Goregaon, Mumbai, to India’s largest private sector bank – HDFC Bank. The property has been leased out for 9 years and the total rent for nine years is ₹8.6 crore, according to property documents. Kajol had bought this property in March 2025 for ₹28.78 crore.
The property is located in Bharat Arize, Goregaon. It has a carpet area of 1,817 sq ft and comes with one parking slot. The lease was registered on November 14, 2025. The stamp duty was ₹5.61 lakh, and the registration fee was ₹30,000. The agreement also includes a security deposit of ₹27.61 lakh.
| Location | Bharat Arize, Goregaon |
| Carpet Area | 1817 Sqft |
| Lease Registration Date | 14 November 2025 |
| Stamp Duty | Rs 5.61 Lakh |
| Registration Fee | Rs 30,000 |
| Security Deposit | Rs 27.61 Lakh |
The nine-year lease will start from November 2025. For the first three years, the monthly rent is ₹6.9 lakh. The rent will increase by 15% every three years. It will become ₹7.9 lakh for the next three years and ₹9.13 lakh for the final three years. Based on this structure, the total rent over nine years adds up to ₹8.6 crore.
| Year | Monthly Rent |
|---|---|
| 1-3 years | Rs 6.9 Lakh |
| 4-6 years | Rs 7.9 Lakh |
| 7-9 years | Rs 9.13 Lakh |
Goregaon West is becoming a fast-growing real estate hub with both residential and commercial properties. The area has strong connectivity through the Western Express Highway, Link Road, SV Road, the suburban railway, and new metro lines. It is also close to important business and entertainment areas such as Andheri, Malad, and the Oshiwara District Centre.
