Deepika Padukone and Ranveer Singh Lease an Apartment in Beaumonde, Prabhadevi
Bollywood’s power couple, Deepika Padukone and Ranveer Singh, have leased a spacious luxury apartment in Beau Monde Towers, Prabhadevi, for ?7 lakh per month. This decision reflects their need for more space and convenience as they prepare to welcome their new baby, while also awaiting the completion of their Bandra home.
Inside the Apartment
The apartment spans a built-up area of 3,245 sq. ft. with a carpet area of 2,319.50 sq. ft., providing ample living space for their growing family. It also comes with three dedicated car parking spaces, perfectly catering to their high-profile lifestyle.
The lease, registered in November 2024, is valid for 36 months, with the rent starting at ?7 lakh per month for the first 18 months and increasing to ?7.35 lakh for the next 18 months. A security deposit of ?21 lakh underscores the exclusivity of this premium property.
Why a Bigger Home?
With their growing family, the couple’s current apartment in Beau Monde Towers might feel too compact, especially with the additional paraphernalia that comes with a newborn. Opting for a larger rental is a practical choice, ensuring they have adequate space to comfortably manage their daily lives and childcare.
This trend isn’t new among Bollywood stars. When Alia Bhatt and Ranbir Kapoor welcomed their daughter Raha, they bought another apartment in Vastu Bandra, prioritizing more space for their family. Similarly, Deepika and Ranveer’s move is a thoughtful decision to accommodate their evolving needs.
Why Prabhadevi and Beau Monde Towers?
Beau Monde Towers, located in Prabhadevi, is renowned for its luxurious amenities and excellent connectivity. The newly constructed Mumbai Coastal Road Project, along with the Worli-Bandra Sea Link and Western Express Highway, makes traveling across the city seamless.
The area is also close to iconic landmarks like the Siddhivinayak Temple, Dadar Beach, and high-end shopping destinations such as High Street Phoenix. Additionally, proximity to five-star hotels in Worli, including the St. Regis Mumbai and the Four Seasons, adds convenience and luxury to their lifestyle.
Mumbai’s Growing High-End Lease Market
This move highlights the rising trend of high-value leases in Mumbai, especially among HNI (High Net-Worth Individuals) and celebrities. Premium rentals provide the flexibility to upsize quickly without the long-term commitment of buying, making them an ideal choice for stars like Deepika and Ranveer.
Luxury Meets Practicality
This spacious rental not only meets the couple’s immediate needs for more space but also ensures they maintain a luxurious, well-connected lifestyle. As Mumbai’s premium rental market continues to thrive, this move underscores the city’s evolving real estate dynamics, catering to the ever-changing aspirations of its elite residents.
For Deepika and Ranveer, this isn’t just a new address—it’s a strategic and thoughtful choice to support their growing family while maintaining their luxurious standard of living.