Shah Rukh Khan Rents Two Mumbai Duplex Apartments: A Luxurious Move Amid Mannat Renovations

Bollywood superstar Shah Rukh Khan has once again made headlines, this time for his latest real estate move as Shah Rukh Khan rents a couple of apartments in the upscale Pali Hill area of Mumbai. Reports from early 2025 reveal that the King of Bollywood has leased two luxurious duplex apartments in the Puja Casa building for a staggering Rs 8.67 crore over three years.

This decision comes as his iconic sea-facing mansion, Mannat, gears up for a grand renovation, prompting the Khan family to temporarily relocate. With a monthly rent of Rs 24.15 lakh, this move underscores SRK’s penchant for luxury and strategic planning, sparking curiosity among fans and real estate enthusiasts alike.

Why Is Shah Rukh Khan Renting Apartments in Mumbai?

Shah Rukh Khan’s decision to rent these high-end duplexes stems from the extensive renovation planned for Mannat, his Bandra residence that’s become a Mumbai landmark. Starting in May 2025, the overhaul includes adding two additional floors to the six-storey annexe, increasing its built-up area by 616.02 square meters.

Given Mannat’s Grade III heritage status, Gauri Khan had to secure approvals from the Maharashtra Coastal Zone Management Authority (MCZMA) in November 2024, a process now complete. The renovation, expected to span up to two years, has led SRK, Gauri, and their children—Aryan, Suhana, and AbRam—to seek a temporary home, making these Pali Hill apartments a perfect fit.

Who Owns the Apartments Shah Rukh Khan Rented?

The luxurious duplexes Shah Rukh Khan rents Mumbai apartments from belong to the Bhagnani family, prominent figures in Bollywood. One unit, spanning the first and second floors, is leased from actor-producer Jackky Bhagnani and his sister Deepshikha Deshmukh for Rs 11.54 lakh per month, with a security deposit of Rs 32.97 lakh.

The second duplex, on the seventh and eighth floors, is rented from veteran producer Vashu Bhagnani for Rs 12.61 lakh monthly, backed by a Rs 36 lakh deposit. Registered on February 14, 2025, these 36-month lease agreements total Rs 2.9 crore annually, showcasing a hefty investment in comfort during Mannat’s transformation.

What Makes These Apartments Special?

Located in the swanky Puja Casa building in Pali Hill, Khar West, these duplexes offer 10,500 square feet of premium living space—though smaller than Mannat’s sprawling 27,000 square feet. Pali Hill, a celebrity-favored locale, ensures proximity to Bandra, keeping the Khans close to their roots.

The four floors leased through Red Chillies Entertainment will house the family, their security team, and staff, blending luxury with practicality. This move aligns with a growing trend among Bollywood stars like Ranbir Kapoor and Shraddha Kapoor, who also opt for high-end rentals, highlighting the allure of Mumbai’s elite neighborhoods.

How Does This Fit Into Shah Rukh Khan’s Real Estate Portfolio?

Shah Rukh Khan’s real estate ventures extend far beyond Mannat, valued at Rs 200 crore. From a Rs 172 crore holiday home in Alibaug to a Rs 100 crore villa in Dubai’s Palm Jumeirah and a posh apartment in London’s Park Lane, SRK’s portfolio is a testament to his global lifestyle.

Renting these Mumbai apartments adds a flexible layer to his investments, especially as Mannat’s expansion and a potential redevelopment of his Carter Road property loom on the horizon. With a net worth of Rs 7,300 crore per the Hurun India Rich List, this move is both a practical necessity and a savvy financial play.

What’s Next for Shah Rukh Khan?

On the professional front, Shah Rukh Khan is gearing up for his next cinematic venture, King, directed by Siddharth Anand. Set to feature his daughter Suhana Khan alongside Abhishek Bachchan and Abhay Verma, the film promises a multi-villain arc and is slated for a 2026 release.

After a blockbuster 2023 with Pathaan, Jawan, and Dunki, and a quieter 2024, SRK’s return to the big screen is highly anticipated. Meanwhile, his temporary shift to Pali Hill keeps fans buzzing about both his personal and professional chapters.

Some Closing Thoughts:

As Shah Rukh Khan rents Mumbai apartments to navigate Mannat’s makeover, this move blends luxury, strategy, and a touch of Bollywood glamour. While fans may miss his signature terrace waves, the Pali Hill duplexes ensure the Khan family remains in the spotlight—both on and off-screen.

Stay tuned as SRK continues to redefine stardom, one iconic residence at a time.

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