Why Some Bollywood Stars Prefer Renting Over Buying in Mumbai
Mumbai's real estate market is booming, with many Bollywood celebrities investing in luxury properties. However, a significant number of stars still opt to rent high-end homes. Here’s why.
Mumbai Real EstateBollywood CelebritiesLuxury ApartmentsProperty TransactionsRenting HomesReal Estate MumbaiMay 23, 2025
Stars like Amitabh Bachchan, Abhishek Bachchan, Akshay Kumar, Manoj Bajpayee, Ajay Devgn, Kajol, Shah Rukh Khan, Deepika Padukone, and Suniel Shetty have frequently made headlines for high-value property transactions.
While many Bollywood celebrities are known for purchasing luxury apartments or investing in commercial spaces, a significant number also prefer renting high-end properties instead of owning them.
Why Do Bollywood Stars Opt to Rent Apartments?
According to real estate consultants, some Bollywood actors, despite having the means to buy, choose to rent properties due to personal preferences, such as securing a sea-facing view in a specific location. Experts also point out that in some cases, the desired property may not be available for sale. In other instances, actors may rent high-end apartments to enjoy a certain lifestyle, even if purchasing the same property is financially out of reach at the time.
“The simple reason, or maybe one of the reasons, is that every celebrity wants to live a life of king size, and they want to live beyond what they can afford at that time in their life. They might at times not be in a position to afford something that they want, and hence they opt for renting,” Ajai Kapoor, founder of 360 Degrees, said in a podcast on the Bandra real estate market hosted by Zapkey.com.
“The celebrity life is such that once you have entered and seen some success. There are a lot of them who move very fast, and for them to buy something and get stuck there, rather they feel like let me wait for a couple of years, and later I will buy what I need to really use,” Kapoor said during the podcast.
“For example, a Bollywood celeb might not be able to afford a ₹50 crore home, but he can easily rent that same apartment for ₹1 crore annual rent; it is as simple as that,” said Sandeep Reddy, co-founder of Zapkey.com, during the podcast.
Another real estate consultant, not wishing to be named, said, “There are many celebrities who have a run of, say, five years, and later are not that active. At the same time, they already own a house in their hometown, so many times, it just does not make sense for them to purchase a house.”
Bollywood Stars Currently Living in Rented Homes
Several Bollywood celebrities are currently residing in rented properties. Shah Rukh Khan and his family, for instance, have temporarily moved into a rented home while their iconic bungalow, Mannat, undergoes renovation. Other stars like Vicky Kaushal, Huma Qureshi, Shraddha Kapoor, and Urvashi Rautela are also living in rented apartments in Mumbai.
Frequently Asked Questions
Why do some Bollywood stars prefer renting over buying homes in Mumbai?
Some Bollywood stars prefer renting due to personal preferences, the unavailability of desired properties for sale, and the ability to enjoy a certain lifestyle even if purchasing the same property is financially out of reach at the time.
What are some reasons given by real estate experts for this preference?
Real estate experts suggest that celebrities want to live a lavish lifestyle and sometimes cannot afford to buy their desired property immediately. Renting allows them to enjoy high-end living without the commitment of ownership.
Can you name some Bollywood stars who are currently living in rented homes?
Shah Rukh Khan, Vicky Kaushal, Huma Qureshi, Shraddha Kapoor, and Urvashi Rautela are among the Bollywood stars currently living in rented apartments in Mumbai.
What is the typical annual rent for high-end properties in Mumbai?
The annual rent for high-end properties in Mumbai can range from ₹1 crore to much higher, depending on the location and the luxury of the property.
Why might a celebrity choose to rent a ₹50 crore home for ₹1 crore annually?
A celebrity might choose to rent a ₹50 crore home for ₹1 crore annually to enjoy the lifestyle and amenities of the property without the financial burden of purchasing it outright.
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