+
Chopras Lease Pune Property for Rs. 149 Million Over 5 Years
Real Estate

Chopras Lease Pune Property for Rs. 149 Million Over 5 Years

Madhu Chopra and Siddharth Chopra—mother and brother of internationally acclaimed actor and producer Priyanka Chopra—have leased out a premium property in Koregaon Park, Pune, securing a rental income of Rs. 149 million over five years.

The property, spanning 4,800 sq. ft (approximately 445.9 sq. m), has been rented out for a monthly value starting at Rs. 225,000, with a 5% annual rent escalation outlined in the lease. By the fifth year, the rent will increase to Rs. 273,000 per month. The lease agreement includes a lock-in period of 36 months and a security deposit of Rs. 1.35 million. The lease was formally registered in February 2025 with stamp duty and registration charges amounting to Rs. 39,000 and Rs. 1,000 respectively.

Square Yards also reported that the Chopras originally purchased the property in August 2017 for Rs. 560 million. Based on the current lease terms, the first-year rental yield stands at 4.8% and is projected to increase to 5.86% by the fifth year.

Located in the posh Koregaon Park area—famous for its lush surroundings, premium residences, and lively cafes—the property enjoys close proximity to Kalyani Nagar and Pune Airport, making it attractive for both residential and commercial use.

Priyanka Chopra, one of India’s most recognized global personalities, continues to make headlines not only for her cinematic work but also for her family's strategic real estate decisions.

Madhu Chopra and Siddharth Chopra—mother and brother of internationally acclaimed actor and producer Priyanka Chopra—have leased out a premium property in Koregaon Park, Pune, securing a rental income of Rs. 149 million over five years. The property, spanning 4,800 sq. ft (approximately 445.9 sq. m), has been rented out for a monthly value starting at Rs. 225,000, with a 5% annual rent escalation outlined in the lease. By the fifth year, the rent will increase to Rs. 273,000 per month. The lease agreement includes a lock-in period of 36 months and a security deposit of Rs. 1.35 million. The lease was formally registered in February 2025 with stamp duty and registration charges amounting to Rs. 39,000 and Rs. 1,000 respectively. Square Yards also reported that the Chopras originally purchased the property in August 2017 for Rs. 560 million. Based on the current lease terms, the first-year rental yield stands at 4.8% and is projected to increase to 5.86% by the fifth year. Located in the posh Koregaon Park area—famous for its lush surroundings, premium residences, and lively cafes—the property enjoys close proximity to Kalyani Nagar and Pune Airport, making it attractive for both residential and commercial use. Priyanka Chopra, one of India’s most recognized global personalities, continues to make headlines not only for her cinematic work but also for her family's strategic real estate decisions.

Next Story
Infrastructure Energy

Tata Power, Suzlon Ink Rs 60 Billion Wind Energy Deal in Andhra

Tata Power has signed an agreement with Suzlon Energy to develop, construct, and supply 700 megawatt (MW) wind turbines in Andhra Pradesh. The Rs 60 billion project forms part of a 7 gigawatt (GW) renewable energy plan announced by Tata Power Renewable Energy (TPREL) and the state government in March 2025.This marks the first wind energy project in the state since 2019. The larger 7 GW programme, covering solar, wind, and hybrid projects with or without storage, is expected to attract investments of around Rs 490 billion, making it one of the state’s largest clean energy commitments.The turb..

Next Story
Infrastructure Transport

Odisha Approves Rs 12.6 Billion For 32 New Bridges

Odisha is set for a major infrastructure boost with the approval of 32 new bridges under the Setu Bandhan Yojana for FY 2025–26. The project, valued at Rs 12.6 billion, is aimed at improving road connectivity across ten districts, enhancing mobility and driving local development.The bridges will be constructed in Bolangir, Subarnapur, Nayagarh, Sambalpur, Malkangiri, Bargarh, Koraput, Jagatsinghpur, Cuttack, and Puri. Many of these areas are rural or located in difficult terrains, where improved accessibility will greatly benefit the transportation of goods and public mobility.Setu Bandhan Y..

Next Story
Infrastructure Transport

UP Plans Rs 350 Billion Gorakhpur–Shamli Expressway

Uttar Pradesh is preparing to build its largest expressway, a 700-km six-lane project that will surpass the 570-km Ganga Expressway from Meerut to Prayagraj. Designed as a greenfield project, the Gorakhpur–Shamli Expressway will cut travel time between eastern and western Uttar Pradesh to just six hours, transforming regional connectivity.The expressway will pass through 22 districts and 37 tehsils, bringing faster travel and significant economic benefits, including higher land values for farmers and employment opportunities during and after construction. A drone survey to map the route is e..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?