Shreyas Iyer rents a super-luxury apartment in Mumbai: All about his ₹18.5 lakh per month Worli flat

Cricketer Shreyas Iyer has rented a luxury residential apartment in Mumbai’s ultra-premium Worli district for an initial monthly rent of Rs. ₹18.50 lakh, according to property registration documents reviewed by real estate consultancy 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 analyzed by Square Yards.

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Inside the multi-million rupee rental

The leased property is located in the luxury residential tower Artesia in Worli. The spacious apartment has a built-up area of 360 square meters, approximately 3,875 square feet.

In keeping with the premium nature of the project, the lease agreement also gives the cricketer exclusive access to four dedicated parking spaces.

From a financial perspective, this 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 of Rs ₹74 million. The official processing of the documents involved the payment of a stamp duty of ₹1.84 lakh, along with standard registration fees ₹1000.

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Structured escalation over 36 months

According to Square Yards’ analysis, the lease is for a total term of 36 months (three years). The rent structure includes an annual escalation clause of approximately 7% year-on-year.

During the first year of the lease, the monthly payment is set at ₹18.50 crores. In the second year, the monthly rent rises to ₹19.79 crores. Until the third and final year of the contract, the monthly rent payment will be affected ₹21.18 crores.

Over the entire three-year lease term, the cumulative rent from the transaction is staggering ₹7.14 million crowns.

Worli: A hotbed for wealthy tenants

Worli continues to firmly hold its position as one of Mumbai’s most prestigious and sought-after residential destinations. Strategically located in the southern part of central Mumbai, this location has developed into a vibrant, self-sustaining urban center that combines luxury living with immense commercial significance.

This district is characterized by its luxurious waterfront development, iconic panorama of high-rise buildings and breathtaking sea views. Consistently attracting a highly affluent demographic, it acts as a preferred residential base for business leaders, senior professionals, entrepreneurs and high-profile celebrities seeking a premium lifestyle.

The major factor driving Worli’s high real estate valuation is its exceptional connectivity. The area has seamless connectivity through Bandra-Worli Sea Link, Eastern Expressway and major arterial roads. This infrastructure provides quick and convenient access to Mumbai’s main business districts, including the Bandra Kurla Complex (BKC), Lower Parel, Nariman Point and the Fort.

The micromarket is filled with prominent commercial establishments, luxury hotels, fine dining and leisure attractions, ensuring strong and sustainable demand from affluent homebuyers and renters alike.

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Shreyas Iyer: Master in the field

Shreyas Iyer is widely recognized as one of the most accomplished middle-order batsmen in Indian cricket today.

He was recently named as the new captain of India’s T20I team when the BCCI announced the squad for India’s upcoming tour of Ireland and England.

Iyer initially rose to prominence with excellent, consistent performances in domestic cricket and the Indian Premier League (IPL), winning praise for his elegant strokeplay, leadership skills and composure under pressure.

Since then, he has made a significant impact across formats for the Indian international team, delivering crucial knocks in both bilateral series and major ICC tournaments.

Known for his versatility – the ability to both anchor an innings and accelerate the scoring rate – he has established himself as a highly reliable batsman in high-pressure situations.

Apart from international cricket, Iyer remains a prominent figure in the IPL, successfully leading franchises and delivering match-winning performances.