Shreyas Iyer Rents Luxurious 3,875 Sq Ft Apartment in Mumbai's Worli for ₹7.14 Crore

Indian cricketer Shreyas Iyer has secured a luxurious residential unit in Artesia, Worli, Mumbai, with a starting monthly rent of ₹18.50 lakh. The lease deal includes four car parking spaces and was registered with a stamp duty of ₹1.84 lakh, registration charges of ₹1,000, and a security deposit of ₹74 lakh, according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR).

The residential unit spans an area of 360 square meters (3,875 square feet). The lease tenure is set for a period of 36 months, officially registered in June 2026. The agreed monthly rent commences at ₹18.50 lakh for the first year and increases by approximately seven percent to ₹19.79 lakh in the second year. It further rises by approximately seven percent to ₹21.18 lakh in the third year.

Accordingly, the cumulative rental value over the entire three-year lease term is ₹7.14 crore. This significant investment underscores Shreyas Iyer's growing influence and financial stature in the cricketing world, as well as the premium real estate market in Mumbai.

Worli, a prime locality in Mumbai, is known for its high-end residential and commercial properties. The area is well-connected and offers residents access to top-notch amenities, including shopping centers, restaurants, and entertainment hubs. Artesia, the building where Iyer has leased his apartment, is a well-regarded address in the neighborhood, known for its modern infrastructure and security features.

Shreyas Iyer, a prominent figure in Indian cricket, has been a key player for the Indian national team and has also made significant contributions in various domestic and international T20 leagues. His decision to lease a luxury apartment in one of Mumbai's most prestigious areas reflects his commitment to maintaining a high standard of living and his growing presence in the city.

The real estate market in Mumbai, particularly in areas like Worli, continues to attract high-profile individuals and celebrities. The city's status as a financial and entertainment hub makes it a desirable location for those looking to live in a vibrant and dynamic environment. Iyer's choice to lease in Worli is a testament to the area's appeal and the value it offers to residents.

In conclusion, Shreyas Iyer's leasing of a luxury apartment in Worli for ₹7.14 crore over three years highlights the ongoing trend of high-profile individuals investing in premium real estate in Mumbai. This move not only reflects Iyer's personal success but also underscores the city's enduring appeal as a premier location for luxury living.