Mumbai, June 21, 2025 – Actor R. Madhavan and his wife, Sarita, have leased out their luxurious apartment in Mumbai’s upscale Bandra Kurla Complex (BKC) for ₹6.5 lakh per month. The spacious 4,182 sq ft apartment in the elite Signia Pearl tower is now rented to BP Exploration (Alpha) Ltd under a two-year leave-and-license agreement.
Deal Details and Financial Insight
- Purchase price: ₹17.5 crore (bought in July 2024)
- Tenure: 24 months
- Monthly rent: ₹6.5 lakh in the first year, increasing to ₹6.83 lakh in the second year
- Total rental income: ₹1.6 crore over two years
- Security deposit: ₹39 lakh
- Stamp duty & registration fee: ₹47,000 and ₹1,000 respectively
The rental agreement yields a gross return of approximately 4.5% in the first year, and 4.7% in the second year, making it a profitable passive income investment.
About the Property and Location
Signia Pearl is a premium residential tower in Mumbai’s BKC, one of the most coveted business and residential zones in the city. Known for its Venetian-style suites with flexible interiors, the apartment features high-end finishes, expansive living spaces, and world-class amenities. The location offers excellent connectivity and is surrounded by corporate offices, luxury hotels, and international schools.
About R. Madhavan
R. Madhavan, popularly known as “Maddy,” is one of the few actors in India to have achieved pan-Indian appeal across multiple film industries including Hindi, Tamil, and Telugu cinema. He began his career in television and rose to fame with his breakout role in the Tamil romantic drama Alaipayuthey (2000), directed by Mani Ratnam. His Bollywood debut came with Rehnaa Hai Terre Dil Mein (2001), which gained cult status over the years.
Over the decades, Madhavan has played a wide variety of roles in acclaimed films like Rang De Basanti, Guru, Tanu Weds Manu, 3 Idiots, Vikram Vedha, and the biographical drama Rocketry: The Nambi Effect, which he also directed and produced. His performances are noted for their depth, charm, and versatility.
In addition to his film career, Madhavan is a public speaker, social advocate, and entrepreneur. He has also been involved in mentoring youth through motivational talks and TEDx appearances.
According to industry estimates, R. Madhavan’s net worth is believed to be in the range of ₹100–120 crore, thanks to his acting fees, endorsements, production ventures, and real estate holdings.
Real Estate Strategy and Passive Income
By renting out this luxury property, Madhavan has demonstrated a keen financial acumen—converting a ₹17.5 crore investment into a stable passive income stream. With a rental income of ₹1.6 crore over two years, this move highlights how high-end residential property can become a reliable source of revenue.
BKC’s Rising Value and Market Demand
The Bandra Kurla Complex is rapidly emerging as Mumbai’s premier commercial and residential hub. Backed by superior infrastructure, proximity to business districts, and enhanced metro connectivity, BKC properties are in high demand both for ownership and leasing. The area’s appeal is only expected to grow with ongoing urban development projects.
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