Kartik Aaryan leases Shahid Kapoor’s Juhu apartment at ₹7.5 lakh rent for first 12 months

Shahid Kapoor’s Juhu apartment is spread over 3,681 sq ft on the ground floor and basement with two parking spaces in the compound.

The lease terms indicated a 7% escalation in rent every year.

Kartik Aaryan will be paying a monthly rent of ₹7.5 lakh in the first 12 months.

Year after that he will be paying ₹8.02 lakh.

In the third year rent will be ₹8.58 lakh per month.

The stamp duty and registration for the 36-month lease transaction was done on January 12, 2023.

Aaryan has paid ₹45 lakh as security deposit.