Shreyas Iyer rents super-luxury flat in Mumbai: All about his ₹18.5 lakh a month Worli apartment
Cricketer Shreyas Iyer has leased a high-end residential apartment in Mumbai’s ultra-premium Worli neighbourhood for a starting monthly rent of ₹18.50 lakh, according to property
Cricketer Shreyas Iyer has leased a high-end residential apartment in Mumbai’s ultra-premium Worli neighbourhood for a starting monthly rent of ₹18.50 lakh, according to property registration documents reviewed by real estate consultancy firm Square Yards. The transaction was officially registered in June 2026. The registration data was accessed from the official website of the Inspector General of Registration (IGR), Maharashtra, and analysed by Square Yards. Inside the multimillion-rupee rental deal The rented property is located in the uber-luxury residential tower 'Artesia' in Worli. The expansive apartment spans a built-up area of 360 square meters, approximately 3,875 square feet. Reflecting the premium nature of the development, the rental agreement also grants the cricketer exclusive access to four dedicated car parking spaces. Financially, the transaction stands out as one of the most significant residential rental deals in recent times. To secure the lease, Shreyas Iyer paid a hefty security deposit amounting to ₹74 lakh.
The official processing of the documents involved a stamp duty payment of ₹1.84 lakh, along with standard registration charges of ₹1,000. Structured escalation over 36 months According to Square Yards' analysis, the lease agreement is locked in for a total tenure of 36 months (three years). The rental structure includes an annual escalation clause of approximately 7% year-on-year. During the first year of the lease, the monthly payout is set at ₹18.50 lakh. In the second year, the monthly rent will escalate to ₹19.79 lakh. By the third and final year of the agreement, the monthly rental payout will touch ₹21.18 lakh. Over the entire three-year lease term, the cumulative rental value from the transaction totals a staggering ₹7.14 crore. Worli: Hotbed for affluent tenants Worli continues to firmly hold its position as one of Mumbai’s most prestigious and sought-after residential destinations. Strategically located in South-Central Mumbai, the locality has evolved into a vibrant, self-sustained urban hub that blends upscale living with immense commercial significance.
The neighbourhood is characterised by its luxury waterfront developments, iconic high-rise skyline, and breathtaking sea views. It consistently attracts a highly affluent demographic, acting as a preferred residential base for business leaders, senior professionals, entrepreneurs, and high-profile celebrities seeking a premium lifestyle. A major factor driving Worli's high real estate valuation is its exceptional connectivity. The area enjoys seamless links via the Bandra-Worli Sea Link, Eastern Freeway, and major arterial roads. This infrastructure provides quick, convenient access to Mumbai's primary business districts, including the Bandra Kurla Complex (BKC), Lower Parel, Nariman Point, and Fort. The micro-market is packed with prominent commercial establishments, luxury hotels, fine-dining restaurants, and recreational landmarks, ensuring strong, sustained demand from wealthy homebuyers and tenants alike. Also Read | 'Well-deserving': BCCI chief selector Ajit Agarkar on Shreyas Iyer becoming new T20I skipper Shreyas Iyer: A master on field Shreyas Iyer is widely recognised as one of the most accomplished middle-order batters in contemporary Indian cricket.
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