Ranveer Singh and Deepika Padukone Renews Rental Agreement for Mumbai Luxury Flat

Bollywood actors Ranveer Singh and Deepika Padukone have renewed their rental agreement for a luxury apartment located in Mumbai’s Prabhadevi area. The renewal follows a recent change in the ownership of the property, according to documents accessed by Zapkey.com.

The couple initially entered into a lease for the apartment on November 13, 2024. The lease is for a period of 36 months, with a monthly rent of ₹7 lakh. The flat is situated on the 24th floor of Beau Monde Towers, a residential complex known for housing high-profile residents. The property has a sea-facing view and features a carpet area of approximately 2,319.5 square feet, with a total built-up area of around 3,245 square feet. The lease agreement includes provisions for three dedicated parking spaces.

The property was previously owned by Aruna Babulal Verma. However, on April 25, 2025, the flat was sold to Ritu Khemka and Rohit Khemka for a transaction value of ₹30 crore. Following this transfer of ownership, the rental agreement was re-registered with the new owners on May 30, 2025. Despite the change in ownership, the couple has continued their tenancy at the same rental rate, maintaining their lease for another 28 months.

This arrangement highlights the couple’s ongoing association with the property, despite the change in ownership. The lease renewal indicates their preference for the flat’s location and amenities, which include amenities such as a swimming pool, gym, and security services, typical of Beau Monde Towers.

Prabhadevi, the neighborhood where the apartment is located, is situated in central Mumbai. It offers good connectivity to both the Western and central suburbs, with access to key roadways such as the Western Express Highway and the Worli-Bandra Sea Link. The area is known for landmarks like the Siddhivinayak Temple, Dadar Beach, and High Street Phoenix, making it a desirable location for residents seeking proximity to important city spots.

Deepika Padukone’s real estate holdings extend beyond this rented property. She owns a flat within Beau Monde Towers, a project developed by the Ashwin Sheth Group. The complex offers various configurations, including 2, 3, 4, and 5 BHK apartments. 

In September 2024, Deepika’s firm, KA Enterprises, purchased a 1,845 square foot apartment in Mumbai’s Bandra West for ₹17.8 crore. The deal was registered at a purchase price of ₹17.7 crore. The apartment is situated on the 15th floor of Sagar Resham Co-operative Housing Society, located close to Shah Rukh Khan’s residence, Mannat. The property’s rate works out to approximately ₹96,400 per square foot. The transaction involved stamp duty of nearly ₹1.07 crore and registration charges of ₹30,000.

In addition to her Mumbai properties, Deepika Padukone and Ranveer Singh purchased a bungalow in Alibag, covering approximately 9,000 square meters. The land was acquired in September 2021 for ₹22 crore. The property is located in the village of Mapgaon and is part of the couple’s investments in real estate, reflecting their interest in both urban and rural properties.

The couple’s real estate activities have garnered attention in recent months, showcasing their investments in high-end properties across Mumbai and Alibag. Their choices reflect a focus on locations that offer convenience, privacy, and access to Mumbai’s prominent landmarks and amenities.

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