Rakesh Roshan and Pramila Roshan have leased their residential property in Mumbai’s JVPD Scheme for a total rent of Rs 1.89 crore over three years.
Share Article
https://www.india.com/entertainment/hrithik-roshans-parents-rakesh-and-pramila-roshan-lease-jvpd-flat-for-rs-1-89-crore-8510555/
Hrithik Roshan’s parents seal Mumbai property deal (PC: Instagram)
Mumbai’s premium property market has added another celebrity-linked rental deal to its recent list of high-value transactionsFilmmaker Rakesh Roshan and his wife Pramila Roshan have leased a residential flat in the city’s sought-after Juhu-Vile Parle Development SchemeThe three-year agreement is expected to bring in nearly Rs 1.89 crore in rentThe deal was registered on August 24, 2026 and the tenancy began earlier in the monthThe property is located in Hiralaya Building on N.SRoad in JVPD.
Rakesh and Pramila Roshan lease their JVPD home
The property owned by Rakesh Roshan and Pramila Roshan is situated on the second floor of Hiralaya Building in Mumbai’s JVPD SchemeThe couple has leased the apartment to Asavari Rajopadhye for three yearsThe agreement was registered on August 24 with the licence period beginning on August 15, 2026.
Read more:
Rakesh Roshan shuts down claims Hrithik Roshan asked for Rs 500 crore for Krrish 4: ‘Nonsense’
The monthly rent has been fixed at Rs 5 lakh for the first yearWith an annual increase of 5% built into the agreement, the rental amount will rise during the second and third years.
Rent starts at Rs 5 lakh per month
During the first year of the lease, the apartment will generate Rs 5 lakh every monthThat works out to Rs 60 lakh in annual rentIn the second year, the 5% escalation will take the monthly amount to Rs 5.25 lakh and the yearly rent to Rs 63 lakhFor the final year, another 5% increase will take the monthly rent to around Rs 5.51 lakhThe annual rent for the third year will be approximately Rs 66.15 lakhTogether, the three years add up to nearly Rs 1.89 crore.
Along with the rental payments, the agreement includes a security deposit of Rs 21.75 lakhThe property documents do not mention the size of the apartmentRakesh Roshan, Pramila Roshan and the tenant could not be reached for comments about the transaction.
Why JVPD remains a sought-after Mumbai address?
The Juhu-Vile Parle Development Scheme is one of Mumbai’s established premium residential areasThe neighbourhood has a mix of independent homes, housing societies and upscale apartment buildingsIts location near Juhu and other important western suburbs has made it a popular choice for affluent residents and members of the film industry.
Rakesh Roshan’s long Bollywood career
Rakesh Roshan is a well-known filmmaker, producer and screenwriterOver the years, he has worked on several successful projects across different genresHis film credits include Koi… Mil Gaya and the Krrish franchise along with films such as Khoon Bhari MaangHis son Hrithik Roshan has also become one of the leading actors in Hindi cinema.
The Roshan family’s recent property activity
The latest lease is not the only major property transaction involving the Roshan family in recent yearsIn January 2026, Rakesh Roshan reportedly sold a 1.09-hectare plot in Pune district for Rs 15 crore.
The family was also involved in multiple commercial property purchases in Mumbai in November 2025Hrithik Roshan along with Rakesh Roshan’s HRX Digitech LLP and Pramila Roshan’s Filmkunj (Bombay) Pvt Ltd purchased 10 office units in Andheri West for Rs 28 crore.
