Archive · 23 Jun 2025
R Madhavan Leases Mumbai Apartment for Rs 6.5 Lakh Monthly
Imagine a famous actor named R Madhavan has a big, fancy apartment in Mumbai.
He decided to rent it out to a company.
The apartment is very nice and located in a popular area called BKC.
The company will pay him a lot of money each month, like the cost of a really cool toy.
The agreement is for two years.
In the beginning, the rent is Rs 6.5 lakh.
The rent will increase a little bit the following year.
This is a good deal for Madhavan, and he also received some money for the security deposit.
R Madhavan leased his Mumbai apartment in BKC for Rs 6.5 lakh per month.
The 4,182 sq ft apartment is in the Signia Pearl residential tower.
BP Exploration (Alpha) Limited, the Indian subsidiary of BP, is the tenant.
The lease agreement is for two years, starting in June 2025, with a 5% rent increase in the second year.
Madhavan and his wife bought the apartment in July 2024 for Rs 17.5 crore.
- Who
- Actor R Madhavan leased his apartment to BP Exploration (Alpha) Limited.
- What
- R Madhavan leased his Mumbai apartment.
- When
- The lease agreement was registered on June 11, 2025, starting the first week of June 2025.
- Where
- Mumbai's Bandra Kurla Complex (BKC).
- Why
- The article does not explicitly state the reason for the lease.
- Monthly Rent
- Rs 6.5 lakh (first year)
- Apartment Size
- 4,182 sq ft
- Location
- Signia Pearl, BKC, Mumbai
- Tenant
- BP Exploration (Alpha) Limited
- Lease Duration
- 2 years
- Purchase Price
- Rs 17.5 crore (July 2024)
- Security Deposit
- Rs 39 lakh