The star got INR 3.5 lakh in monthly rental revenue from the house, which is a part of the upscale Yoo Pune project in Hadapsar, as soon as it was leased out.
Bollywood star Tiger Shroff bought a Rs 7.5 crore house in Pune. Panchshil Realty, an established real estate company in the area, is the developer of the 4,248-square-foot property, which is a part of the upscale Yoo Pune project in Hadapsar.
According to records provided by real estate information site Zapkey, the actor registered on March 5, 2024, and paid a stamp duty of Rs 52.5 lakh.
The actor received a monthly rental income of INR 3.5 lakh when the home was quickly rented out. Shroff receives an appealing yield of more than 5 percent from his five-year rental agreement, which is in contrast to the poor rental yields found in most Indian residential buildings. The tenant is Cherise India Private Limited, a beverage-related enterprise.
Additionally, Shroff has an eight-bedroom condominium in the Mumbai district of Khar. Rustomjee Paramount is home to the magnificent residence, which is said to be worth around Rs 35 crore.
The actor has previously related the story of how his parents, Jackie and Ayesha Shroff, had to sell their house in 2003 due to the box office failure of their Bollywood film Boom.
When the actor-dancer’s career in Bollywood started, that experience made him decide to make home ownership a top objective. He now adds his name to the long list of Bollywood celebs who think real estate is a wise investment. Ajay Devgn and Akshay Kumar are two actors that have a good portfolio and are regular buyers in the real estate market.
When not working with his newstoon platform Snapnews, Vishal Bhargava is an enthusiast for real estate and enjoys viewing and reviewing new projects. The opinions expressed are the author’s own and do not reflect the position of this publication.
