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This is an archive article published on June 20, 2025
R Madhavan and wife Sarita rent out Rs 17.50 crore apartment, to earn Rs 1.6 crore rent in 2 years
Actor R Madhavan and his wife Sarita have rented out their Rs 17.50 crore worth apartment in Mumbai. The estimated rental income is Rs 1.6 crore over two years.
R. Madhavan and wife Sarita rent out BKC apartment worth Rs 17.5 crores (Photo: Instagram/ R Madhavan)
Actor R Madhavan and his wife Sarita have given their Mumbai apartment, worth Rs 17.5 crore, on rent. The residential property, located in Bandra Kurla Complex, will draw Rs. 6.50 lakh monthly rent, as per property registration documents reviewed by Square Yards. The leave and license agreement was officially registered in June, 2025.
The property will earn Rs 1.60 crore rent over a period of two years and is situated in Signia Pearl apartment complex. The rental agreement also includes a security amount of Rs 39 lakh, along with a stamp duty of Rs 47,000 and registration charges of Rs 1,000.
Madhavan bought this property, measuring 388.55 sq. m. (4,182 sq. ft.) at Rs. 17.50 crore in July 2024. Going by the agreed rental terms and acquisition cost, the total rental revenue is at approximately 4.5% for the first year, escalating to 4.7% in the second year of the lease.
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