Bollywood star Aamir Khan has taken four upscale apartments in the posh Pali Hill area of Bandra West on a combined monthly rent of ₹24.5 lakh, as revealed by property registration documents accessed via Zapkey.com. The move comes while his long-standing residence at the Virgo Cooperative Housing Society is undergoing a large-scale redevelopment.
🏙️ Why the Move?
- Redevelopment of Virgo Society: Aamir owns around a dozen flats in the Virgo society. The current building is being reconstructed into ultra-luxury sea-view residences, with proposed units priced at over ₹1 lakh per sq. ft. and some exceeding ₹100 crore.
- Temporary but strategic relocation: A five-year lease runs from May 2025 to May 2030, with a 45-month lock-in clause. The lease includes a security deposit of ₹1.46–1.47 crore, and the rent is set to increase annually by 5%.
- Proximity to Shah Rukh Khan’s temporary residence: The leased property is located in Wilnomona Apartments, just about 750 metres from Puja Casa, where SRK is also residing during renovations at his famed Mannat bungalow.
📋 Summary Table
| Detail | Information |
|---|---|
| Location | Wilnomona Apartments, Pali Hill, Bandra, Mumbai |
| Rent | ₹24.5 lakh/month (combined for four units) |
| Lease Duration | May 2025 – May 2030 |
| Lock-in Clause | 45 months |
| Security Deposit | ~₹1.46–1.47 crore |
| Annual Escalation | 5% per year |
🔍 Context & Industry Insight
Relocating while a property is redeveloped is not unusual among Mumbai’s elite—Shah Rukh Khan also leased four floors in Puja Casa with a similar rent outlay of ₹24 lakh/month during renovations at Mannat. Celebrity residences in Bandra’s Pali Hill remain highly sought after for their proximity to studios, industry networks, and elite camaraderie.
🧭 In Summary
Aamir Khan’s decision to take on a ₹24.5 lakh/month lease for four flats reflects both practical necessity and strategic foresight, as he navigates the transition caused by his society’s redevelopment. The arrangement ensures continuity in lifestyle and neighbourhood while his original residence is rebuilt into high-end luxury homes.
Would you like to know more about the redevelopment project, similar celebrity relocations, or the real estate dynamics of Bandra and Pali Hill?
