Alia Bhatt-owned Production Firm takes Luxe Flat at Rs.9 Lakh/month

According to property registration papers that IndexTap.com, Alia Bhatt's production company Eternal Sunshine Production has leased an apartment in the Bandra neighborhood of Mumbai for Rs. 9 lakh per month.

The flat is located on the sixth story of the Vastu Building on Nargis Dutt Road in the Pali Hill neighborhood of Bandra, per the paperwork.

According to the paperwork, Narendra Shetty paid a Rs. 36 lakh security deposit to lease the unit.

According to IndexTap.com, the flat has been leased for 48 months, or four years, which includes a 5% annual rent increase.

The transaction was registered on February 21, 2025, according to the document. The Rs. 1,000 registration fee and Rs. 1.25 lakh stamp duty have been paid.

According to papers viewed by IndexTap.com, Eternal Sunshine Production made headlines in 2023 when it paid Rs. 37.80 crore for an apartment in Bandra West, Mumbai.

Numerous Bollywood celebrities call Pali Hill home

In Bandra, Mumbai, Pali Hill is a prestigious location where a number of Bollywood celebrities, cricket players, and wealthy people have purchased properties. Several luxury property complexes have prices per square foot that start at Rs. 1 lakh and go up from there, according to local brokers.

According to property registration paperwork discovered by IndexTap.com, cricketer KL Rahul and his wife Athiya Suneil Shetty, daughter of Bollywood star Suniel Shetty, paid Rs. 20 crore in July 2024 for a flat in Bandra, Mumbai's Pali Hill neighborhood.

Apco Infratech, a business that builds infrastructure projects all throughout the nation, paid Rs. 155 crore for a sea-view triplex flat in Bandra's Pali Hill neighborhood of Mumbai.

Ashar Group bought the apartment in a project called "The Legend," which was being built as part of the renovation of Bollywood icon Dilip Kumar's mansion. In addition to housing a 2,000 square foot museum devoted to Dilip Kumar, the building will have luxury residences with 4 and 5 bedrooms, including duplex flats.