Cricketer Rohit Sharma places two flats on lease in Mumbai, tenants to offer Rs 2.5 lakh monthly

Cricketer Rohit Sharma has reportedly leased two flats totaling 1,047 sq. ft in Mumbai for Rs 2.5 lakh monthly, in keeping with paperwork accessed by Zapkey.com. The depart and licence settlement is legitimate for a yr.

The cricketer had leased the 2 Bandra West flats, measuring 616 and 431 sq. ft respectively, on the 14th ground, they demonstrated.

The flats embrace two parking areas. The tenant has made an interest-free safety deposit of Rs 10 lakh. On November 24, 2022, the doc was registered.

Sharma bought a property in Lonavala, a hill station, for Rs 5.25 crore final yr. The property measures 6329 sq. ft. The property’s per-square-foot worth is roughly Rs 8,300. Sharma paid a Lonavala stamp obligation of Rs 26 lakh.

This comes at a time when Mumbai was ranked twenty second in a worldwide index that measures annual worth appreciation of premium residential properties, in keeping with Knight Frank.

Mumbai rose to twenty second place within the third quarter of 2022, from thirty ninth place the earlier yr. The year-on-year improve in common costs in Mumbai was 4.8 per cent. (YoY).

Sturdy market sentiment, ample affordability, present low rates of interest in comparison with 2019, and a considerably extra secure financial system and enterprise atmosphere relative to many developed economies are the explanations for the value improve, the report stated.