Indian cricketer Shreyas Iyer has taken a residential unit on rent in Mumbai, with a starting monthly rent of Rs. 18.50 lakh, according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR) at https://igrmaharashtra.gov.in. The deal was officially registered in June 2026.
Worli is widely recognized as one of Mumbai’s most prestigious and sought-after residential destinations, renowned for its luxury waterfront developments, iconic skyline, and exceptional connectivity. Strategically located in South-Central Mumbai, the locality offers a unique blend of upscale living, commercial significance, and long-term investment appeal. Home to some of the city’s most exclusive residential towers and sea-facing residences, Worli attracts business leaders, senior professionals, entrepreneurs, and celebrities seeking a premium lifestyle. The area enjoys seamless connectivity through the Bandra-Worli Sea Link, Eastern Freeway, and major arterial roads, providing convenient access to key business districts such as Bandra Kurla Complex (BKC), Nariman Point, Lower Parel, and Fort. Worli is also home to prominent commercial establishments, luxury hotels, fine-dining destinations, and recreational landmarks, making it a vibrant and self-sustained urban hub. With its prime location, world-class infrastructure, breathtaking sea views, and strong demand from affluent homebuyers and tenants, Worli continues to command a position among Mumbai’s most desirable and high-value real estate markets.
According to property registration documents accessed by Square Yards, the residential unit in Artesia, Worli, was rented, with an area of 360 sq. m. (3,875 sq. ft.). The deal also includes four car parking spaces and was registered with a stamp duty of Rs. 1.84 lakh, registration charges of Rs. 1,000 and a security deposit of Rs. 74 lakh.
As per Square Yards’ analysis, the lease tenure is set for a period of 36 months. The agreed monthly rent commences at Rs. 18.50 lakh for the first year and increases by approximately 7% to Rs. 19.79 lakh in the second year. It further rises by approximately 7% to Rs. 21.18 lakh in the third year. Accordingly, the cumulative rental value over the entire three-year lease term is Rs. 7.14 crore.
Shreyas Iyer is an Indian international cricketer, widely regarded as one of the most accomplished middle-order batters in contemporary Indian cricket. He rose to prominence through consistent performances in domestic cricket and the Indian Premier League (IPL), earning recognition for his elegant stroke play, composure under pressure, and leadership abilities. Iyer made a significant impact across formats for India, delivering crucial performances in both bilateral series and major ICC tournaments. Known for his ability to anchor innings as well as accelerate the scoring rate, he has established himself as a dependable batter in high-pressure situations. Beyond his international success, he has also been a prominent figure in the IPL, leading franchises and contributing with match-winning performances. Admired for his resilience, stylish batting technique, and calm demeanor, Shreyas Iyer continues to be one of the leading faces of Indian cricket, inspiring young cricketers with his dedication, consistency, and commitment to excellence on the field.Explore more real estate data insights:Square Yards Data Intelligence