Bollywood actor Hrithik Roshan has leased his sea-facing luxury apartment in Juhu to his partner Saba Azad for Rs 75,000 per month. The arrangement, formalised through a leave and licence agreement, reflects a growing trend of celebrities optimising the use of their high-value residential assets while adhering to legal and taxation frameworks.
The property, located in the exclusive Mannat Apartments on Juhu-Versova Link Road, spans approximately 12,000 sq ft. Hrithik Roshan had purchased multiple units in the building in October 2020, including a duplex on the 19th and 20th floors and a separate floor on the 18th, for a combined investment of Rs 97.5 crore. The current rental agreement, dated August 4, 2025, includes a security deposit of Rs 1.25 lakh. Industry sources indicate that typical rents for a 3-BHK apartment in this prime Juhu location range from Rs 1 lakh to Rs 2 lakh per month. Analysts note that the actor’s decision to rent the property at Rs 75,000 could be influenced by personal convenience, tax planning, and long-term asset management strategies.
Tax experts highlight that renting out properties beyond two self-occupied homes can optimise tax liabilities. “Under current income tax provisions, only two houses can be treated as self-occupied. Rental income from additional properties is taxable, but this can be balanced through strategic leasing agreements,” explained a senior chartered accountant. Experts suggest that such arrangements provide both financial benefits and a legal framework for asset utilisation. This is not Hrithik Roshan’s first foray into real estate leasing. In 2023, a flat in the same building was leased at Rs 6 lakh per month, while earlier in 2025, the actor rented a 2,727 sq ft commercial property in Goregaon for Rs 5.62 lakh per month and renewed a 9,209 sq ft commercial space in Pune’s Kharadi area at Rs 6.08 lakh monthly rent. Additionally, Hrithik Roshan and family sold three residential apartments in Mumbai’s Andheri area for Rs 6.75 crore earlier this year, signalling active management of their property portfolio.
With Mumbai’s luxury residential market witnessing strong demand yet fluctuating rental yields, Roshan’s decision illustrates a strategic balance between personal convenience and financial prudence. By leasing a sea-facing apartment at a comparatively moderate rate, the actor ensures the property is maintained and legally compliant while supporting transparent taxation practices. The move also reflects broader trends among high-net-worth individuals in Mumbai, where celebrity-owned properties are increasingly leveraged for rental income, tax efficiency, and portfolio diversification. Experts indicate that such decisions enhance property utilisation while maintaining long-term asset value in one of India’s most premium residential markets.
Bollywood Actor Hrithik Roshan Rents Sea Facing Apartment To Girlfriend Saba Azad for Rs 75000 per month
