Shreyas Iyer Leases Worli Property for ₹7.14 Crore


NEW DELHI: Indian cricketer Shreyas Iyer has rented a residential unit in Artesia, Worli, Mumbai, at a starting monthly rent of ₹18.50 lakh.

The unit spans 360 sq meters (3,875 sq ft) and includes four car parking spaces. The registration of the deal involved a stamp duty of ₹1.84 lakh, registration charges of ₹1,000, and a security deposit of ₹74 lakh, as detailed in property registration documents reviewed by Square Yards on the Inspector General of Registration (IGR) website.

The agreement was officially registered in June 2026.

According to an analysis by Square Yards, the lease duration is set for 36 months. The monthly rent starts at ₹18.50 lakh for the first year, increases by approximately seven percent to ₹19.79 lakh in the second year, and rises by another seven percent to ₹21.18 lakh in the third year. The total rental value for the entire three-year lease is projected to be ₹7.14 crore.

  • Published On Jun 11, 2026 at 04:32 PM IST

Join the community of 2M+ industry professionals.

Subscribe to our newsletter for the latest insights & analysis in your inbox.

Discover the ETRealty industry right on your smartphone!


Related Posts

Tamil Nadu launches ‘Deemed NOC’ for planning permits

CHENNAI: Beginning July 1, the state government implemented a time-limited ‘deemed NOC’ system to simplify the process of obtaining No Objection Certificates (NOCs) for planning permissions. This initiative aims to cut down bureaucratic hurdles, enhance transparency, and expedite project approvals, particularly in the housing and infrastructure sectors. “This is the first instance of a state introducing such a system. While the Government Order was issued on October 24, the specific regulations for deemed NOCs are now available. This is a positive development for the housing and related industries, potentially saving three to six months in the NOC acquisition process,” stated…

Office rentals in Delhi-NCR, Bengaluru surpass ₹100/sq ft: Knight Frank

NEW DELHI: Prime office rents in Bengaluru and Delhi-NCR have surpassed Rs 100 per sq ft for the first time, driven by demand outstripping supply, according to Knight Frank’s latest data. In Mumbai, average office rents have already crossed this threshold. The data indicates that office space rentals in eight major Indian cities increased by 2 to 15 percent from January to March 2026 compared to the same period last year. The highest annual growth rate of 15 percent was observed in Delhi-NCR and Kolkata. “Supply constraints in key markets have fostered a persistent rental upcycle since early 2022,” Knight…

Delayed Policy Execution Hinders Investment: NAREDCO Chair

INDORE: Delays in the implementation of urban development policies are hindering growth and discouraging private investments, stated Dr. Niranjan Hiranandani, Chairman of NAREDCO, during a discussion on Friday. He highlighted issues related to master planning and stamp duty structures in Madhya Pradesh. “If policies are passed but executed with delays, development will stagnate and investments will decline,” he explained, noting that uncertainty in planning frameworks adversely affects capital flow into real estate and infrastructure. He pointed out that the Development Plan for Bhopal expired in 2005 and a revision is still pending. Similarly, Indore’s master plan expired in 2021. “This…