Rohit Sharma Rents Out Mumbai Property for ₹2.6 Lakh Per Month in Lower Parel

Indian cricket star Rohit Sharma has rented out his luxurious apartment in Mumbai’s Lower Parel area for ₹2.6 lakh per month. The property is located in Lodha Marquise – The Park, a premium residential project developed by Macrotech Developers (also known as Lodha Group). This high-end complex is spread across 7 acres and offers modern amenities to its residents.

According to property registration documents reviewed by Square Yards, Rohit Sharma’s apartment has a carpet area of 1,298 square feet and comes with two dedicated car parking spaces. The lease transaction involved a stamp duty payment of ₹16,300 and a registration fee of ₹1,000.

Rohit Sharma’s Real Estate Investments

Rohit Sharma, along with his father Gurunath Sharma, had originally purchased this apartment back in March 2013 for ₹5.46 crore. By renting it out for ₹2.6 lakh per month, the cricketer is earning a rental yield of approximately 6% on his investment.

Lower Parel is one of Mumbai’s most sought-after locations, known for its high-end residential and commercial properties. It is well-connected to key business districts like Bandra-Kurla Complex (BKC) and Nariman Point, making it an attractive place to live for professionals and business executives.

Interestingly, this is not the only property that Rohit Sharma and his father own in Lodha Marquise – The Park. They had also purchased another apartment in the same complex in 2013 for ₹5.70 crore. This second property was rented out in October 2024 for ₹2.65 lakh per month, slightly higher than the recent lease transaction.

As a cricketer, Rohit Sharma has made a significant impact on Indian cricket. He has captained the Mumbai Indians team to multiple Indian Premier League (IPL) victories and has played a crucial role in India’s international success. Some of his key achievements include leading India to win the 2013 ICC Champions Trophy and the 2018 Asia Cup. His exceptional performances earned him prestigious awards like the Arjuna Award in 2015 and the Khel Ratna in 2020.

Rohit continues to be a key figure in Indian cricket, not just as a batsman but also as a leader. While he remains focused on his cricketing career, his investments in real estate show his keen interest in building long-term wealth. With Mumbai’s property market continuing to thrive, owning premium apartments in prime locations like Lower Parel can be a smart financial move.

A request for comment has been sent to Rohit Sharma regarding the property transaction, and further updates will be provided once he responds.

For now, this transaction highlights how top athletes like Rohit Sharma are investing in real estate, securing assets that provide steady rental income while appreciating in value over time. His choice of Lower Parel as an investment destination reflects the area’s status as a premium residential and business hub in Mumbai.

Image source: britannica