Malaika Arora has signed a lease for a luxury apartment in Bandra West, Mumbai, valued at ₹1.17 crore for a three-year term. The arrangement was finalized recently, reflecting the actress’s continued investment in upscale living spaces.

The apartment is situated in a prime locality known for its affluent residents and high-end amenities. Sources indicate that the lease agreement includes various additional perks typically associated with luxury accommodations.

Malaika, a well-known figure in the Indian entertainment industry, has made headlines previously for her real estate ventures. The new lease follows her previous property investments, which underscore her status as an astute investor in the competitive Mumbai real estate market.

Bandra West is recognized for its vibrant cultural scene, proximity to the Arabian Sea, and upscale dining options, making it a desirable location for celebrities and high-net-worth individuals alike.

The decision to lease rather than purchase may reflect a strategic choice given the fluctuating real estate market in the region.

Arora continues to maintain a significant presence in both film and television, further solidifying her position as a prominent personality in the industry.

Source: news source