Tiger Shroff Makes Headlines with Rs 7.5 Crore Real Estate Investment in Pune

Pune, 19th March 2024: Bollywood sensation Tiger Shroff continues to capture attention for his dynamic performances on screen and his astute investments off-screen. Recently, the actor, renowned for his charm and action-packed roles, made a significant real estate acquisition by purchasing a luxurious home in Pune city for a staggering sum of Rs 7.5 crore.

As reported by Moneycontrol.com, the newly acquired property boasts an expansive 4,248 square feet and is nestled within the prestigious Yoo Pune project in Hadapsar. Developed by the esteemed local real estate giant Panchshil Realty, this upscale residence epitomizes luxury and comfort, perfectly aligning with Shroff’s refined taste.

Documents obtained from the real estate database platform Zapkey reveal that the property registration occurred on March 5, 2024, accompanied by a substantial stamp duty payment of Rs 52.5 lakh. What sets this acquisition apart is Shroff’s swift decision to lease out the property immediately after acquiring it. This strategic move not only adds a valuable asset to his portfolio but also generates an impressive rental income of INR 3.5 lakh per month.

Entering into a five-year rental agreement with the actor, the tenant’s commitment stands as a notable feature in the Indian real estate landscape, offering Shroff an attractive rental yield of over 5 %, surpassing prevailing market norms.

This latest addition augments Tiger Shroff’s already illustrious real estate portfolio, which includes a lavish eight-bedroom apartment located in the affluent suburb of Khar in Mumbai.