Bollywood heartthrob Kartik Aaryan has recently made headlines, not for his films, but for a smart financial move. The actor has rented out his lavish apartment in Juhu, Mumbai, which he purchased in June 2024 for a whopping Rs 17.8 crore. This strategic decision will now fetch him a monthly income of Rs 4.5 lakh, adding a steady stream of revenue to his earnings.
Details of the Luxurious Property
Kartik’s apartment, located in the prestigious Siddhivinayak Presidency Co-operative Housing, spans 1,912 square feet and offers a breathtaking sea view—a coveted feature in Mumbai’s real estate market. The actr bought the property with his mother, Mala Tiwari, paying a hefty stamp duty of Rs 1.05 crore and a registration fee of Rs 30,000. This high-end residence also includes two parking lots, catering to the needs of an upscale lifestyle.
Kartik Aaryan’s Real Estate Ventures
Interestingly, this isn’t the first time Kartik has invested in the Juhu area. In 2023, his parents purchased an entire floor in the same housing project for Rs 16.5 crore, situated on the 8th floor. The area is home to several celebrities, including veteran lyricist Javed Akhtar, making it a prime location for Bollywood stars.
A New Income Source Amid Box Office Struggles
While Kartik Aaryan’s recent films, including Chandu Champion, haven’t performed as expected at the box office, this real estate move highlights his foresight in securing alternative income sources. Renting out such a high-value property ensures a consistent flow of income, a smart strategy in the unpredictable world of cinema.
With this decision, Kartik joins the ranks of other Bollywood celebrities who are capitalizing on the lucrative real estate market in Mumbai, ensuring financial stability regardless of their film careers.
