Tag: Pali Hill real estate

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Mumbai: Historic Pali Hill Bungalow to Clear Way for Tower

MUMBAI: The Edwardian-style bungalow, Franklin House, constructed in 1920, is poised to become yet another heritage site lost in Bandra (W). Situated on St Auxilium Road within the prestigious Pali Hill area, the 1,459 sq m property has been acquired by Aspect Realty, a significant player in Mumbai’s real estate market. Mohit Kamboj, a former BJP leader and group CEO of Aspect Global Ventures, now oversees the property following a resolution plan sanctioned by the National Company Law Tribunal. For several decades, the property was under the management of a receiver appointed by the Bombay High Court due to an…

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Aamir Khan Rents Four Apartments in Mumbai’s Pali Hill

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…