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The Economic Times
The Economic Times
Himanshi Singh

Actor Ajay Devgn, mother to earn Rs 16 lakh/month from Juhu bungalow lease - check Juhu Road property price trends

Ajay Devgn Square Yards Mumbai

Renowned Bollywood celebrity Ajay Devgn and his mother Veena Devgn are set to earn a rental income in crores from their 7,803 sq. ft. Juhu Bungalow. They have leased out the property in Kapol CHS for a period of 5 years.

According to property registration documents reviewed by real estate platform squareyards.com, the tenure of the lease is 60 months i.e. 5 years, with the monthly rent starting at Rs 16 lakh in the first year. The amount will increase by 5% every year, rising to about Rs 19.45 lakh in the fifth year.

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