John Abraham rents out three properties in Mumbai for Rs 6.30 lakh | Bollywood News
Actor John Abraham recently rented out three properties in Mumbai for Rs 6.30 lakh per month. The properties are located at The Sea Glimpse Co-operative Housing Society of Bandra West. According to property regration documents accessed Square Yards, the rental agreement has been regered with a stamp duty of Rs 1.12 lakh and regration charges of Rs 1000. The actor also charged a security deposit of Rs 36 lakh collectively for three properties.
These properties are leased out for five years and will earn a cumulative monthly rent of Rs 6.30 lakh in the first year and will increase to Rs 8 lakh in the final year. The rent will increase 8% annually for the first two years, then reduce to 5% annually for the final two years. The actor will earn approximately Rs 4.3 crore from his rental deal.
According to Financial Express, John Abraham has a net worth of Rs 251 crore. The actor has successfully ventured into business beyond films. He owns the production house JA Entertainment, the football club NorthEast United FC, the racing team Goa Aces JA Racing, and JA Fitness. He is also an investor in Subko Coffee Roasters and NOTO Healthy Ice Cream.
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Back in 2024, The Diplomat actor made headlines for purchasing a 5,416-square-foot bungalow in Khar for a whopping Rs 70.83 crore along with 7,722 square-foot plot of land where the said bungalow is located. The actor reportedly regered the deal in December 2023 after paying a whopping Rs 4.24 crore for stamp duty.
The 52-year-old actor also owns several luxury cars and bikes like Lamborghini Gallardo, Nissan GT-R Black Edition, Porsche Cayenne Turbo, Audi Q7 and Q3, BMWS 1000 RR, Aprilia RSV4 RF, and Honda CBR 1000RR, among others.
Abraham also owns a penthouse in Mumbai, which offers a stunning view of the Arabian Sea. The property is spread across a 4000 square ft. area.
