Priyanka Chopra, a globally renowned actress and entrepreneur, is no stranger to making headlines. This time, her family has made the news by leasing out their premium property in Pune. Located in the upscale locality of Koregaon Park, the property has been leased for a monthly rental of ₹2.25 lakh, drawing attention from real estate enthusiasts and investors alike.
Property Details: A Prime Location in Koregaon Park
The 4,800 sq ft (445.9 sq meters) property, owned by Priyanka Chopra’s mother, Madhu Chopra, and brother, Siddharth Chopra, is situated in one of Pune’s most sought-after neighborhoods. Koregaon Park is known for its premium residential and commercial spaces, making it a hotspot for real estate investments.
The lease transaction was officially registered in February 2025, as per documents from the Inspector General of Registration (IGR). A stamp duty of ₹39,000 and registration charges of ₹1,000 were paid for the transaction, further showcasing the high-value nature of the deal.
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Financial Aspects of the Lease
The lease agreement includes:
- Monthly Rent: ₹2.25 lakh, with a 5% annual escalation.
- Security Deposit: ₹13.5 lakh.
- Lock-In Period: 36 months.
By the fifth year, the monthly rent is expected to increase to ₹2.73 lakh, bringing the total rental income over the five years to ₹1.49 crore. Such figures highlight the property’s lucrative potential, both for the Chopras and for similar high-value real estate in Pune.
Return on Investment: Analyzing the Rental Yield
The property was originally purchased by the Chopra family in August 2017 for ₹5.6 crore. Based on the current rental income, the annual rental yield is approximately:
- First Year: 4.8%.
- Fifth Year: 5.86%.
This steady increase in rental yield underscores the property’s appreciation over time, reflecting the demand for premium properties in Koregaon Park.
Koregaon Park: A Hub for Luxury Living
Koregaon Park is a coveted address in Pune, known for its upscale lifestyle and close proximity to business hubs, fine dining, and entertainment options. The area’s blend of residential charm and commercial convenience makes it a preferred location for leasing properties.
For investors and tenants alike, properties in Koregaon Park promise not just a place to live but a lifestyle upgrade. This recent lease by Priyanka Chopra’s family exemplifies the potential of properties in this locality to yield high returns.
Priyanka Chopra’s Impact on Real Estate
Priyanka Chopra’s involvement in real estate, whether directly or through her family, often attracts significant attention. As a global icon with a penchant for luxury and investment, her association with any property adds an aspirational value to it.
This recent lease agreement not only highlights the financial prudence of the Chopra family but also shines a spotlight on Pune’s booming real estate market, especially in Koregaon Park.
Conclusion
The leasing of Priyanka Chopra’s family property for ₹2.25 lakh per month showcases the lucrative opportunities in Pune’s real estate market. With a robust annual rental yield and escalating rent over the lease period, this transaction serves as a benchmark for high-value real estate deals. Koregaon Park continues to maintain its reputation as a prime locality, attracting premium tenants and offering substantial returns on investment.
For real estate enthusiasts and aspiring investors, this development reiterates the importance of strategic property investments in thriving neighborhoods like Koregaon Park.
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Ans 1. The property is owned by Priyanka Chopra’s mother, Madhu Chopra, and brother, Siddharth Chopra.
Ans 2. The property is located in Koregaon Park, one of Pune's most upscale and sought-after neighborhoods.
Ans 3. The monthly rental amount is ₹2.25 lakh.
Ans 4. The Chopra family purchased the property in August 2017 for ₹5.6 crore.
Ans 5. The lease has a lock-in period of 36 months.