John Abraham Rents Three Mumbai Homes for Rs 6.3 Lakh

Mumbai’s luxury real estate market has seen a significant development with actor and producer John Abraham leasing out three of his high-end residential properties in Bandra West. The actor, known for his role in The Diplomat and his ventures as a film producer, has finalised a five-year rental agreement valued at ₹6.3 lakh per month for three apartments in the Sea Glimpse Co-operative Housing Society.

The registration records confirm that the deal was executed with a stamp duty of ₹1.12 lakh and registration charges of ₹1,000. A cumulative security deposit of ₹36 lakh was collected from tenants across the three units. The agreement includes structured rental escalations—8% annually for the first two years and 5% annually for the following two—bringing the final year’s monthly rent to ₹8 lakh. Over the lease term, John Abraham is expected to earn a total rental income of nearly ₹4.3 crore. Located off Carter Road, Sea Glimpse Co-operative Housing Society is a prime residential enclave in Bandra West, offering views of the Arabian Sea and proximity to Mumbai’s commercial and creative hubs. Real estate professionals note that such long-term agreements in premium localities reflect the maturing of Mumbai’s rental housing market, particularly in the luxury segment.

John Abraham’s decision to monetise his real estate portfolio through a structured lease comes at a time when more high-net-worth individuals are exploring income-generating residential investments. Experts point out that with the commercial real estate market still adjusting post-pandemic, residential leasing in Mumbai’s affluent zones has shown relative resilience and stronger yield potential. For property owners like Abraham, such deals offer a practical way to generate stable income while retaining asset control. Long-term leases in locations like Bandra, Juhu, and Worli also serve to benchmark rental values, bringing clarity to a segment often driven by ad-hoc agreements. The structure of the agreement, with annual rent escalations, ensures alignment with inflation and urban rental trends.

John Abraham, who has often been vocal about his interest in sustainable and calculated investment practices, appears to be treating real estate as a parallel track to his film and production career. In December 2023, he made headlines with a high-value acquisition in Khar—purchasing a 5,416 sq ft bungalow built on a 7,722 sq ft plot for ₹70.83 crore. The transaction also involved a ₹4.24 crore stamp duty payment, placing it among the top residential deals in Mumbai last year. The Bandra lease agreement, while not as high-profile as his Khar purchase, has equally caught the attention of industry watchers due to its structure, duration, and projected returns. Real estate consultants tracking celebrity portfolios in Mumbai note that actors like Abraham are setting precedents for responsible and strategic property monetisation—eschewing short-term rentals or speculative listings in favour of long-term, value-driven agreements.

Industry insiders suggest that John Abraham’s leasing strategy reflects a broader shift among Mumbai’s elite. Rather than keeping properties idle or flipping them in quick cycles, many are now adopting professional asset management practices. Such rentals not only provide a consistent income stream but also help maintain high occupancy rates and ensure that prime properties contribute to the city’s residential ecosystem. Abraham’s approach is in line with a growing cohort of financially savvy public figures who view real estate as an integral part of their diversified portfolios. His lifestyle is also a reflection of his passion for quality assets. Aside from his homes, he is known for his carefully curated garage of luxury cars and motorcycles, including a Lamborghini Gallardo, Nissan GT-R Black Edition, Porsche Cayenne Turbo, and superbikes like the Aprilia RSV4 RF and BMW S1000RR.

What sets John Abraham apart is his apparent preference for low-key, disciplined investments rather than flashy market manoeuvres. His real estate dealings indicate an eye for long-term appreciation and operational income—a dual approach increasingly favoured by serious investors in India’s urban hubs. Market observers also point out the positive implications of such high-value rental agreements for the larger housing economy. In high-density cities like Mumbai, where housing demand across segments remains high, the leasing of idle luxury properties ensures better space utilisation, attracts stable tenants, and enhances overall area value.

In a city often dominated by speculative property trades and vacancy hoarding, John Abraham’s leasing model stands out for its functionality. It aligns with the broader principles of urban sustainability, where private residential stock is actively used rather than withheld. By placing his Bandra apartments on a structured lease, Abraham has not only created a revenue stream but also supported a more balanced urban rental market. The rising traction of premium leases by celebrities and investors in Mumbai could eventually encourage more transparent and structured rental practices across the sector. As the housing market matures and as new regulatory norms encourage formalisation, transactions like this are setting the pace for a more stable and equitable real estate economy.

John Abraham’s decision to lease out these homes reflects not just business sense but also an emerging ethos of responsible property ownership in urban India—one that blends private returns with the city’s broader spatial and housing needs.

John Abraham Rents Three Mumbai Homes for Rs 6.3 Lakh