Bollywood actress Alia Bhatt’s production company is renting an apartment in Bandra, Mumbai, for which it will pay a monthly rent of Rs 9 lakh. Alia’s production company, Eternal Sunshine Production Pvt. Ltd., has leased a flat on the sixth floor of a building on Nargis Dutt Road in Bandra Pali Hill. The apartment was rented after a security deposit of Rs 36 lakh was paid by an individual named Narendra Shetty. The lease is for four years, with the agreement stating that the rent will increase by 5% annually. The transaction took place on February 21, with Rs 1.25 lakh paid as stamp duty and Rs 1,000 as registration fees.
In 2023, Eternal Sunshine Production Pvt. Ltd. made headlines by purchasing an apartment in Bandra West, Mumbai, for Rs 37.80 crore. Notably, the Pali Hill area in Mumbai is home to several Bollywood celebrities. Many Bollywood stars, cricketers, and high-net-worth individuals have purchased houses there. According to local brokers, the price per square foot in several luxury housing projects in this area exceeds Rs 1 lakh.
