R Madhavan and his wife Sarita have leased out their luxurious Mumbai apartment in Bandra Kurla Complex for a monthly rent of Rs 6.5 lakh. The property, valued at Rs 17.5 crore, was officially rented out through a leave and license agreement registered in June 2025, as reviewed by Square Yards.Property Details and Rental IncomeLocated in the Signia Pearl apartment complex, the property is set to generate rental income of Rs 1.60 crore over two years. The lease agreement includes a security deposit of Rs 39 lakh, along with additional costs of Rs 47,000 for stamp duty and Rs 1,000 for registration fees.Purchase and Rental YieldIn July 2024, Madhavan acquired a 388.55 sq. m. (4,182 sq. ft.) apartment for Rs. 17.50 crore. The rental agreement offers a yield of around 4.5% in the first year, which rises to 4.7% in the second year, reflecting a steady increase in rental returns over the lease period.Relocation to Dubai for Son’s Swimming TrainingDuring the COVID-19 pandemic, the actor shifted to Dubai with his family to support his son Vedaant’s swimming training, as Mumbai’s large pools were either closed or restricted. Talking to SCREEN, Madhavan spoke about the move that the larger swimming pools in Mumbai are either closed because of Covid or out of bounds. They are here with Vedaant in Dubai where he has access to large pools. He’s working towards the Olympics, and Sarita (his wife) and he are right by his side. Though based in Dubai, Madhavan frequently travels to India for work and appreciates the city’s high quality of life while staying connected to his roots. He is also known for hosting celebrities like Ajith, Nayanthara, and Vignesh Shivan in Dubai.Recent and Upcoming Film ProjectsOn the work front, Madhavan recently appeared in ‘Kesari Chapter 2: The Untold Story of Jallianwala Bagh’ alongside Akshay Kumar and Ananya Panday. His upcoming project is ‘De De Pyaar De 2’, directed by Anshul Sharma, where he stars with Ajay Devgn, Rakul Preet Singh, and Jimmy Shergill.
