Why Do Celebrities Live in Rented Accommodation? Pros and Cons of Renting vs. Purchasing a House Explained

Why Bollywood Celebrities Prefer Renting Over Buying: Pros and Cons

House Rented vs Buy

It might surprise you to learn that a lot of celebrities choose to rent rather than buy in the glitzy world of Bollywood, where wealth and style are considered to be synonymous with famous life. Celebrities who rent upscale flats in Mumbai’s upscale neighbourhoods include Jacqueline Fernandez, Kriti Sanon, Katrina Kaif, Vicky Kaushal, Kartik Aaryan, and Imran Khan. This raises an interesting question: in an expensive city like Mumbai, is it better to buy or rent a property?

Bollywood Stars Embracing Rental Homes

Mumbai, known as the “City of Dreams,” is famous for its high cost of housing, especially in upscale neighbourhoods. For many Bollywood celebrities, renting becomes a more appealing option as a result. For instance, Vicky Kaushal and Katrina Kaif’s monthly rent for a Juhu home is an astounding 8 lakh rupees. Similar to this, Imran Khan pays 9 lakh rupees a month in rent to reside in Karan Johar’s Bandra home with his girlfriend Lekha Washington. Additionally, Kriti Sanon pays Amitabh Bachchan 10 lakh rupees a month to rent a duplex in Juhu.

Advantages of Renting for Bollywood Celebrities

Drawbacks of Renting for Celebrities

Advantages of Buying a Home for Bollywood Actors

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