Salman Khan's Mumbai property leased at Rs.1 Million monthly rent

27 Sep 2023 CW Team

LandCraft, a prominent real estate firm, has secured a significant lease agreement for actor Salman Khan's prime property located in Mumbai. Under this arrangement, the property will be rented out for an impressive monthly sum of Rs 1 crore, which equates to £1 million in UK currency.

This high-profile transaction marks a notable development in Mumbai's real estate market. The leased property is expected to be utilised for the establishment of a gourmet store, catering to the upscale preferences of Mumbai's elite residents.

This strategic move by LandCraft aligns with the growing demand for premium retail spaces in the city, driven by the increasing disposable income of its residents.

Salman Khan's decision to lease the property showcases the synergy between the entertainment and real estate industries, highlighting the appeal of Mumbai as a prime location for lucrative investments.

The rental agreement is anticipated to have a positive impact on both parties involved, contributing to the flourishing real estate sector in the city. In conclusion, LandCraft's lease of Salman Khan's Mumbai property for £1 million per month underscores the city's status as a hub for high-value real estate transactions, with a focus on luxury retail ventures.

Equipment

12 Dec 2025

Escorts Kubota Unveils BS V Next-gen Construction Range at Excon 2025

Escorts Kubota (EKL), one of India’s major engineering groups in the agricultural and construction equipment sectors, unveiled its latest BS V–compliant construction machinery line-up at Excon 2025. The refreshed portfolio underscores the company’s push toward application-driven, high-productivity solutions that reduce ownership costs and meet the needs of India’s expanding infrastructure landscape. With demand rising across urban development, industrial logistics and mining, the new range aims to deliver higher performance, durability and operator comfort.In the earthmoving segment, E..

ACE and Kotak Mahindra Bank Join Hands to Boost Backhoe Loader Financing

Action Construction Equipment (ACE), the world’s largest Pick-n-Carry crane maker and a leading manufacturer of material handling and construction equipment in India, has entered into a Memorandum of Understanding with Kotak Mahindra Bank to enhance the availability of flexible financing options for backhoe loader customers across the country.The collaboration aims to support contractors, infrastructure companies, entrepreneurs, SMEs, and emerging businesses by offering smoother access to credit through customised loan schemes, quicker turnaround times, and the extensive footprint of Kotak M..

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..