Shraddha Kapoor and her father, veteran actor Shakti Kapoor, have leased out a fully furnished apartment in Mumbai’s Mahalaxmi area for a starting monthly rent of Rs 2.5 lakh. According to property documents reviewed by CRE Matrix, the leave and licence agreement was registered in June 2026 for a three-year period.
The 1,050 sq ft apartment is located in Piramal Mahalaxmi South Tower. The agreement includes an annual rent escalation, taking the monthly rent from Rs 2.5 lakh in the first year to Rs 2.75 lakh in the third year.
Shraddha and Shakti Kapoor’s Mahalaxmi Apartment Leased for Three Years
As per the documents reviewed by CRE Matrix, the leave and licence agreement was registered on June 26, 2026.
The apartment has a reported area of 1,050 sq ft and has been leased with a starting monthly rent of Rs 2.5 lakh. The agreement carries a security deposit of Rs 7.5 lakh.
The property is situated in Piramal Mahalaxmi South Tower, along G B Sakpal Marg and Sane Guruji Marg in Mumbai’s Mahalaxmi area.
Rent to Rise Annually During the Lease
The three-year agreement includes an annual escalation in the monthly rent.
The rent structure is:
| Lease Year | Monthly Rent |
|---|---|
| Year 1 | Rs 2.50 lakh |
| Year 2 | Rs 2.62 lakh |
| Year 3 | Rs 2.75 lakh |
Based on these stated monthly rates, the property is contracted to generate progressively higher rental income during the three-year term.
Apartment Comes Fully Furnished
The Mahalaxmi property has been leased as a fully furnished residential apartment.
The furnishings and appliances listed in the agreement reportedly include:
- Sofa and chairs
- Cupboards
- Four air-conditioners
- Refrigerator
- Washing machine
- Water purifier
- Gas stove
- Hob
- Chimney
- Dining table
The agreement specifies that the property is to be used for residential purposes.
Under the reported terms, Shraddha Kapoor and Shakti Kapoor, listed as the licensors, are responsible for maintenance charges, applicable rates, taxes, levies, assessments and non-occupancy charges.
The licensee, Akshat Khetan, is responsible for electricity payments based on consumption.
Shraddha and Shakti Kapoor Have Another Property in the Same Project
The latest lease is not the first reported property transaction involving the father-daughter duo at the Piramal Mahalaxmi development.
According to Zapkey, Shraddha Kapoor and Shakti Kapoor purchased another apartment in the same project in 2025 for a reported Rs 6.24 crore.
The transaction was registered on January 13, 2025, with the property reportedly purchased from Glyder Buildcon Realtors Private Limited.
The apartment has a reported carpet area of 1,042.73 sq ft, including two balconies. Based on the reported purchase price and area, the transaction works out to approximately Rs 59,875 per sq ft.
The latest lease therefore adds another property transaction involving the family in the same Mumbai development.
Shraddha Kapoor Also Rents a Home in Juhu
Shraddha Kapoor has also been reported to have a rented residence in Juhu, Mumbai.
Earlier in 2026, she reportedly renewed the lease on the Juhu apartment for another year. The starting monthly rent was reported at Rs 6 lakh, with the actor said to have paid the annual rent of Rs 72 lakh upfront.
The Juhu apartment reportedly measures 3,928.86 sq ft. Shraddha had initially taken the property on rent in 2024 under an arrangement involving advance payment of a year’s rent.
Shraddha Kapoor’s Upcoming Film Eetha
On the professional front, Shraddha Kapoor is set to headline Eetha, a biographical drama directed by Laxman Utekar and produced by Maddock Films.
The film features Shraddha as legendary Tamasha and Lavani artist Vithabai Bhau Mang Narayangaonkar and explores her artistic journey and legacy.
The film’s theatrical release has been moved to December 4, 2026, reportedly to avoid a box-office clash.
Final Word
The Mahalaxmi lease adds another reported Mumbai property transaction involving Shraddha Kapoor and Shakti Kapoor. The three-year agreement starts at Rs 2.5 lakh a month, with the rent scheduled to rise annually to Rs 2.75 lakh by the third year.
The transaction also highlights the family’s reported property activity within the Piramal Mahalaxmi development, while Shraddha continues to prepare for her upcoming film Eetha.
