Hrithik leases sea-facing Juhu apartment to Saba Azad
By Team Homes | Friday, 29 August 2025

Hrithik leases sea-facing Juhu apartment to Saba Azad

Hrithik leases sea-facing Juhu apartment to Saba Azad

Bollywood actor Hrithik Roshan has rented his sea-facing Juhu apartment of luxury to his girlfriend, actor-musician Saba Azad, for Rs. 75,000 per month for one year, as per the documents of property registration. Leave and license agreement dated August 4, 2025, shows a security deposit of Rs.1.25 lakh.

The property is located in Mannat Apartments (Vartamaan) on Juhu-Versova Link Road, one of Mumbai’s most sought-after real estate belts.

Spread over 12,000 sq ft, Roshan had purchased three floors in the building, including the 18th floor and a duplex on the 19th and 20th floors, in October 2020 for Rs.97.5 crore. 

Key Highlight:

  • Hrithik Roshan leases his 12,000 sq ft Juhu apartment to girlfriend Saba Azad for Rs.75,000 per month, with a Rs.1.25 lakh deposit
  • Lease value far below market rates, as similar 3-BHK flats in the building rent for Rs.1to 2 lakh monthly, a 3,600 sq ft flat fetched Rs.6 lakh in 2023
  • Part of Roshan’s active real estate deals in 2025, including commercial leases in Goregaon and Pune, and sale of three Andheri flats for Rs.6.75 crore

Notably, local brokers informed that rentals for a typical 3-BHK flat in the building, ranges from 1,000–1,300 sq ft, usually cost between Rs.1 to 2 lakh per month. This is much more than the Rs.75,000 lease price. Gujarat Themis Biosyn Ltd leased a 3,600 sq ft flat in the same building for Rs.6 lakh a month in 2023, which shows the premium quality of the property.

Tax professionals opine that the lease may be a strategic one. "While I do not know the details of Hrithik Roshan's deal, normally speaking, one can declare maximum two houses as self-occupied. Apart from that, income tax law also mandates notional rent to be made available for taxation even if the property remains vacant. From a tax-planning point of view, renting out more properties is generally more effective.” stated CA Aditya Zantye, partner at AKORD & CO.

Also Read: Casagrand On-boards Bollywood Star Hrithik Roshan as the Face of Its Luxury Project-Casagrand Mercury

This is not the actor's first high-value property transaction in 2025. Earlier this month, he leased a 2,727 sq ft commercial property in Goregaon for Rs.5.62 lakh per month, and this month again leased a 9,209 sq ft commercial property in Pune's Kharadi locality for Rs.6.08 lakh per month. He and his father Rakesh Roshan sold three Andheri flats in May for Rs.6.75 crore.

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