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 Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..