Bollywood star Malaika Arora is back in the headlines this time for a major real estate deal. She’s leased out her swanky apartment in Mumbai’s Bandra West, one of the city’s most exclusive and celebrity-filled neighborhoods.

As per registration documents, the apartment has been rented for ₹3.10 lakh a month on a three-year lease that includes an annual rent hike. Over the course of the agreement, the total rental value is estimated to be around ₹1.17 crore a hefty figure even by Mumbai’s luxury housing standards.

Located in a plush high-rise, the property offers all the perks Bandra is known for great connectivity, a buzzing social scene, and proximity to key business districts. The area has long been a magnet for celebrities, entrepreneurs, and top executives, keeping its real estate prices among the highest in the city.

The deal, officially registered in March 2026, includes a security deposit of ₹20 lakh along with standard registration fees.

Arora’s move mirrors a growing trend among Bollywood personalities who are turning their investments in prime real estate into steady sources of income. With Mumbai’s property market continuing to surge, leasing high-end homes has become both a smart and lucrative strategy.

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For Malaika, this deal not only underscores her business savvy but also highlights the sustained demand for luxury rentals in Mumbai’s most desirable locales.