will now give lakhs of rupees every month; Learn why?
Amitabh Bachchan has given the property next to his house Jalsa on lease for 15 years to the country’s largest public sector bank State Bank of India.
- Amitabh Bachchan rents house to SBI
- Bank gave Rs 2.26 crore
- Earlier Citibank was in this house
New Delhi: Bollywood superstar Amitabh Bachchan has leased the property adjacent to his house Jalsa to the country’s largest public sector bank State Bank of India for 15 years. That is, now SBI has become the tenant of Big B. Now every month Amitabh Bachchan will get lakhs of rupees as rent from the bank.
Let us tell you that this property of Big B is in Juhu Vile Parle Department. He will get its rent of Rs 18.90 lakh every month. This property of Amitabh Bachchan is on the ground floor, which has an area of ​​3150 square feet. Earlier this property was taken on the lease by Citibank.
- Earlier Citibank was in this house
Let us tell you that earlier there was Citibank in this house. In June 2019, Citibank had vacated the property after the lease expired. According to Zapkey.com, the lease papers were registered on September 28 last month. In this deal, stamp duty of Rs 30,86,000 along with registration fee of Rs 30,000 has been paid. Let us tell you that the rent of this property of Amitabh Bachchan is Rs 600 per square feet, which is much more than the market rate of that area.
- Bank gave Rs 2.26 crore
According to the stamp duty document, Amitabh Bachchan has given 3150 square feet of ground floor for 15 years. But, every 5 years its rent will increase by 25 percent. According to this deal, the bank will have to pay Rs 18,90,000 every month for the first five years. After this, Rs 23,62,500 will have to be paid for 5 years and Rs 29,53,125 for the next five years.
State Bank of India has deposited Rs 2.26 crore with Amitabh Bachchan for this, which is about 12 months’ rent. Actually, the superstar is Amitabh Bachchan’s property and is next to his house. Also, it is the corner dominant spot of Juhu. So, the price of this property is justified. The current lease rent of this area is Rs 400 to 500 per square feet.
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