Deepika Padukone and Ranveer Singh Lease an Apartment in Beaumonde, Prabhadevi
Bollywood actors Deepika Padukone and Ranveer Singh have recently leased a luxury apartment in Beau Monde Towers, located in Prabhadevi, for ₹7 lakh per month. This move comes as the couple prepares to welcome their new baby and while they await the completion of their home in Bandra. The decision reflects their need for more space and convenience during this significant life change.
Details of the Apartment
The newly leased apartment offers a spacious built-up area of 3,245 sq. ft. and a carpet area of 2,319.50 sq. ft., providing ample room for their growing family. Additionally, the apartment includes three dedicated car parking spaces, catering to the couple's high-profile lifestyle. The lease agreement, which is registered for a duration of 36 months, stipulates a starting rent of ₹7 lakh per month for the first 18 months, which will increase to ₹7.35 lakh for the subsequent 18 months. A security deposit of ₹21 lakh further emphasizes the exclusivity of this premium property.
The Need for More Space
As Deepika and Ranveer prepare for the arrival of their child, the need for a larger living space becomes evident. Their current apartment may not adequately accommodate the additional requirements that come with a newborn. This trend among Bollywood stars is not uncommon; for instance, Alia Bhatt and Ranbir Kapoor also opted for a larger home upon welcoming their daughter. Such decisions underscore the importance of having sufficient space for family life and childcare.
Why Prabhadevi and Beau Monde Towers?
Beau Monde Towers is well-regarded for its luxurious amenities and excellent connectivity, making it a desirable location for high-profile residents. The project, developed by Sheth Creators Pvt Ltd, aims to set a new standard of residential luxury in South Mumbai. Its strategic location, meticulous planning, and luxurious interiors make it an attractive option for those seeking a premium lifestyle.
Market Insights
In the broader context of the Prabhadevi real estate market, there are currently 312 active sale listings with a median asking rate of approximately ₹60,800 per sq ft carpet. This indicates a competitive market where luxury properties are in demand, aligning with the lifestyle choices of affluent individuals like Deepika and Ranveer.
Practical Takeaway
For potential homebuyers and investors in Mumbai, the leasing of high-end properties by celebrities like Deepika Padukone and Ranveer Singh highlights the ongoing demand for spacious and luxurious living spaces in prime locations. As families grow, the need for larger homes becomes crucial, making it a significant factor to consider in the luxury real estate market.