Indian Bollywood actor Ajay Devgan and his mom, Veena Devgan, have rented a bungalow in Mumbai’s Juhu for a beginning month-to-month lease of Rs. 16 lakh, based on property registration paperwork reviewed by actual property platform squareyards.com on the web site of the Inspector Basic of Registration (IGR). The go away and license settlement was formally registered in August 2026.
Ajay Devgn and Veena Devgn lease a 7,803 sq ft Juhu bungalow for Rs 16 lakh a month: Report
Juhu is one among Mumbai’s most prestigious residential neighbourhoods, recognized for its upscale properties, superstar residences, and premium way of life choices. Positioned alongside the western shoreline, it combines a sought-after beachfront setting with sturdy connectivity to key enterprise and industrial districts. The realm has witnessed sustained demand for luxurious residential properties, supported by established social infrastructure, retail, hospitality, and leisure choices. Restricted availability of premium land and continued demand for high-end housing maintain property values elevated throughout the micro-market.
In keeping with property registration paperwork accessed by Sq. Yards, Ajay Devgn and his mom, Veena Devgn, have leased out a bungalow in Kapol CHS Ltd., Juhu. The rental settlement features a safety deposit of Rs. 48 lakh and was registered with a stamp obligation of Rs. 2.71 lakh and registration prices of Rs. 1,000. The bungalow has a built-up space of 724.90 sq. m. (7,803 sq. ft.).
As per Sq. Yards’ evaluation, the lease tenure spans 60 months (5 years). The month-to-month lease begins at Rs. 16 lakh within the first yr and escalates by 5% every year to roughly Rs. 19.45 lakh within the fifth yr. Over the complete time period, the cumulative rental worth is estimated at roughly Rs. 10.61 crore.
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