Bollywood superstar Aamir Khan has signed a rental contract for four luxury apartments across two floors in a residential tower located in Mumbai’s upscale Pali Hill neighborhood. The agreements amount to a monthly rent of ₹24.5 lakh, with a total security deposit of ₹1.47 crore.
The leave-and-license contracts were registered on May 20, 2025, with a five-year tenure from May 15, 2025, to May 14, 2030, and a lock-in period of 45 months for both parties. Each agreement will see an annual rent increase of 5%.
According to documents obtained via Zapkey.com, each of the two floors commands a rent of ₹12.25 lakh per month, requiring a ₹73.5 lakh deposit, which contributes to the total monthly rent of ₹24.5 lakh and an upfront security deposit of ₹1.47 crore.
Khan’s decision comes as his current housing society undergoes redevelopment, where he owns approximately 12 apartments. The redevelopment project, currently in the approval phase, is anticipated to commence later this year, converting the existing five-story building into a 15-story tower.
An email sent to Khan’s team did not receive a response.
Pali Hill, renowned for its elite status, continues to attract high-profile real estate transactions. Notably, Shah Rukh Khan recently leased two duplexes in the area for around ₹24 lakh per month, totaling ₹2.9 crore annually.
