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

09 Apr 2025 CW Team

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.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..