Aamir Khan Leases Four Apartments in Pali Hill for ₹24.5 Lakh Monthly Rent
Bollywood actor Aamir Khan has leased four apartments in Mumbai’s prestigious Pali Hill area for a monthly rent of ₹24.5 lakh. The move is reportedly due to the redevelopment of his current housing society.
Aamir KhanPali HillMumbai Real EstateHousing Society RedevelopmentLuxury ApartmentsReal Estate NewsAug 04, 2025
The apartments are situated on Nargis Dutt Road in Pali Hill, within a society named Wilnomona Apartment. Sources suggest that the primary reason for this move is the upcoming redevelopment of the housing society where Aamir Khan currently resides.
Aamir Khan owns approximately 12 apartments in the Virgo Cooperative Housing Society, which is set for redevelopment. The project is being handled by Atmosphere Realty, a joint venture between Wadhwa Group, MICL, and Chandak Group. The redeveloped building will offer ultra-luxury sea-view apartments, with prices expected to exceed ₹1 lakh per square foot. Some units could be priced at over ₹100 crore.
The new society, Wilnomona, where Aamir Khan has taken the four apartments on rent, is located about 750 meters away from Puja Casa, the temporary home of Shah Rukh Khan and his family. Shah Rukh Khan’s bungalow, Mannat, is currently undergoing repair and renovation work.
The four apartments have been leased by Aamir Khan for a period of five years, from May 2025 to May 2030. The lease agreement includes a lock-in period of 45 months out of the total 60-month tenure. According to the documents, the two transactions were registered on May 20, 2025, with a stamp duty of over ₹4 lakh and a registration fee of ₹2,000.
The security deposit for the four apartments is over ₹1.46 crore, and the monthly rent will increase by 5% annually. The apartments were leased from an individual named Wilfred Anthony Jose Pereira. Aamir Khan and the owner of the flats could not be reached for comment.
Pali Hill in Bandra is one of Mumbai’s most prestigious neighborhoods, renowned for being home to numerous Bollywood celebrities and high-net-worth individuals. Luxury apartments in this area command prices ranging from ₹80,000 to ₹1.30 lakh per square foot. Bandra’s appeal to the film fraternity is enhanced by its proximity to major Bollywood studios located in nearby areas like Andheri, Versova, Juhu, and Goregaon Film City. For decades, Bollywood stars have favored Bandra as their residential hub, making Pali Hill synonymous with celebrity living.
Currently, noted Bollywood personalities, including Aamir Khan, Shah Rukh Khan, Ranbir Kapoor, Alia Bhatt, Dilip Kumar, Jackie Shroff, and Sanjay Dutt, among several others, own property in the Pali Hill area of Bandra.
Frequently Asked Questions
Why did Aamir Khan lease the apartments in Pali Hill?
Aamir Khan leased the apartments in Pali Hill due to the redevelopment of his current housing society in Bandra. The redeveloped building will offer ultra-luxury sea-view apartments.
What is the monthly rent for the apartments leased by Aamir Khan?
The monthly rent for the four apartments leased by Aamir Khan in Pali Hill is ₹24.5 lakh.
How long is the lease period for the apartments?
The lease period for the apartments is five years, from May 2025 to May 2030, with a lock-in period of 45 months.
Who is the developer of the redeveloped housing society?
The redeveloped housing society is being handled by Atmosphere Realty, a joint venture between Wadhwa Group, MICL, and Chandak Group.
What is the significance of Pali Hill in Mumbai's real estate market?
Pali Hill is one of Mumbai’s most prestigious neighborhoods, renowned for being home to numerous Bollywood celebrities and high-net-worth individuals. Luxury apartments in this area command high prices and are highly sought after.
Related News Articles
Elevating Civil Aviation: Mohol's Pioneering Role in Pune
Discover how Mohol is driving growth in Pune's civil aviation sector, with insights from Hemant Rasne, former Mayor and BJP leader.
Budget 2024: A Boost to Sustainable Growth in Real Estate
The Union Budget 2024 focuses on MSMEs, employment, skilling, youth, and middle-class, with indirect benefits to the real estate sector through job creation, infrastructure, and urban redevelopment.
Dubai Real Estate Market Sets AED 141.9 Billion Quarterly Sales Record in Q3 2024
Dubai’s real estate market achieved a significant milestone in Q3 2024, with total sales reaching AED 141.9 billion, marking a new all-time high for a single quarter. This achievement surpassed the previous record of AED 124.07 billion set in Q2 2024, ref
Elan Group Gets a Boost with Rs 1200 Crore from Kotak Real Estate Fund
The investment will serve as growth capital, helping Elan Group cement its position in the thriving real estate market of Gurugram. This strategic move is expected to accelerate the company's expansion and development projects in the region.
Delhi-NCR: The Metro City Witnessing a Massive Surge in Housing Prices
The report suggests that the price appreciation in Delhi-NCR is attributed to rising demand for high-end properties. Read more to know the details.
Radisson Resort Khopoli Launches as a Luxurious Getaway Near Mumbai and Pune
Radisson Hotel Group has expanded its footprint in Maharashtra with the opening of Radisson Resort Khopoli, offering a premium retreat for travelers near Mumbai and Pune.