In the vast expanse of India’s real estate world, Mumbai reigns supreme as the crown jewel of extravagance. Here, amid the glitz and glamour of Bollywood, lie the opulent abodes of Bollywood celebrities. A few of them are also gracing the cityscape with their breathtaking mansions. Surprisingly, however, many of these luminaries opt for a different way. They are choosing the path of renting over buying an apartment. It also appears that for several Bollywood celebrities, the dream of possessing a home takes a backseat as they embrace rental living. This article describes a captivating journey to unravel the enigma of renting among Bollywood superstars.
Why Do Bollywood Celebrities Rent A Flat Rather Than Buying One?
Whispers in the air suggest that the glitzy world of Bollywood demands Bollywood celebrities and movie stars to adhere to specific lifestyles. As a result, they opt for the freedom of renting. With this, they can also often migrate to newer apartments. Meanwhile, they cleverly evade the weighty burden of capital investments by doing this. Owning a home remains an elusive dream for most Bollywood celebrities, with Mumbai’s real estate rates soaring to the heavens.
While some famous celebrities bask in the luxury of homes in select Mumbai neighborhoods, not everyone shares such fortune. The erratic income streams of Bollywood stars further complicate matters. This is also because not all actors receive regular monthly paychecks. For many, the prospect of committing to house purchases and the ensuing EMI payments proves less than ideal.
Aside from financial considerations, acquiring a home can have ripple effects on their overall expenses. Moreover, maintaining a certain standard of living often compels Bollywood celebrities to reside in affluent communities. This also makes renting the most viable option. It grants them access to such upscale locales without exhausting their hard-earned money. The trend of renting out homes is not uncommon among the stars. It comes with notable stars like Madhuri Dixit, Kriti Sanon, and Kartik Aaryan also opting for this flexible lifestyle.
Bollywood Stars Who Preferred Living On Rent In Mumbai
In the world of Bollywood, lovebirds Katrina Kaif and Vicky Kaushal have chosen to embark on their marital journey from the cozy confines of an apartment on rent in Juhu. To keep their home brimming with comfort, they also pay a hefty monthly rent of Rs. 8 lakhs. Meanwhile, in the same upscale neighborhood, the charming Kriti Sanon resides in a duplex she rents from the legendary Amitabh Bachchan. With a touch of grandness, Kriti pays a huge monthly sum of Rs. 10 lakhs for her elegant house.
Shahid Kapoor’s flat has become a home for the dashing Kartik Aaryan in another part of Juhu. He gladly pays a substantial monthly rent of Rs. 7.5 lakh for a home worth a staggering Rs. 30 crore. Juhu Tara Road serves as the location for this residential complex. Also, let’s not forget Ayushmann Khurrana, who enjoys the comforts of Andheri with his loving family. He used to pay Rs. 4.25 lakh each month.
The power couple Anushka Sharma and Virat Kohli also found solace in the vibrant heart of Juhu. While these Bollywood celebrities are in the allure of luxurious rentals, many other Bollywood superstars also favor the idea of renting before committing to a permanent new home. For them, renting also serves as a flexible and practical choice.
Even for famous Bollywood celebrities, purchasing a home in Mumbai is no easy task. Many Bollywood stars and directors still have trouble finding their homes in Mumbai. Meanwhile, certain Bollywood celebs own lavish mansions. However, the same cannot be accurate for many rising celebrities in the industry.