Television producer Ekta Kapoor has leased out her apartment in Mumbai’s prime Juhu locality for a monthly licence fee of Rs 1.5 lakh. According to property registration documents accessed by CRE Matrix, the transaction involves a residential unit in Krishna 2 (Ekta House) located on N.S. Road No. 7, Juhu Scheme.
The leave-and-licence agreement was registered on July 28, 2026. The deal further reflects the sustained demand for premium residential properties in one of Mumbai’s most sought-after neighbourhoods.
What Are the Key Details of the Deal?
The agreement covers an apartment located on the third floor of Krishna 2 (Ekta House) in Juhu. The property also comes with one dedicated car parking space. Registration records identify Ekta Ravi Kapoor as the licensor.
As per the terms of the agreement, the occupant will pay a monthly licence fee of Rs 1.5 lakh. Over the 24-month tenure, the transaction carries a total rental value of Rs 36 lakh, provided the monthly fee remains unchanged throughout the agreement period.
The registered document does not specify any security deposit. Additionally, records show that the parties paid stamp duty of Rs 9,000 and registration charges of Rs 1,000 to complete the registration process.
What Is the Duration of the Leave-and-Licence Agreement?
The leave-and-licence agreement has been executed for a tenure of 24 months. The contractual period commenced on March 1, 2025, and will remain effective until February 28, 2027.
As a result, the agreement provides the licensee with a two-year occupancy period in one of Mumbai’s most established residential destinations.
Why Does Juhu Continue to Attract High-Profile Residents?
Juhu remains one of Mumbai’s most prestigious residential micro-markets due to its strategic location, established social infrastructure, and proximity to the city’s entertainment industry. Consequently, the locality continues to attract business leaders, celebrities, and high-net-worth individuals seeking premium housing options.
Moreover, the area consistently witnesses leasing and ownership transactions involving notable personalities, highlighting its enduring appeal within Mumbai’s luxury residential market.
What Does This Transaction Indicate About Mumbai’s Premium Leasing Market?
The latest leasing transaction underscores the continued activity in Mumbai’s premium residential rental segment. While celebrity-linked properties often attract attention, they also reflect broader market trends, including strong demand for well-located homes in established neighbourhoods.
As leasing activity remains steady across prime locations, transactions involving prominent personalities continue to offer valuable insights into rental trends and occupier preferences within Mumbai’s luxury housing market.
Recent Transactions
Recent celebrity-linked real estate transactions across Mumbai’s prime residential micro-markets highlight the continued preference for premium locations. High-profile leasing and ownership deals in established neighbourhoods continue to reflect strong demand for well-connected, high-value residential properties.
In a recent transaction, Bollywood actor Salman Khan sold a 758 sq ft apartment in Mumbai’s premium Bandra West locality for ₹3.50 crore. In another transaction, Preity Zinta leased a luxury apartment in Mumbai’s Pali Hill for monthly rent of ₹6 Lakh.
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