After Rohit Sharma & Pandya brothers, Shreyas Iyer buys Rs.2.9 crore worth Property

Cricketer Shreyas Iyer has joined the rundown of sportspersons who have purchased pay yielding business properties in Mumbai. According to documents obtained by Propstack, Iyer purchased a property in the Worli area for Rs.2.9 crore rupees in the most recent transaction. The deal deed was endorsed on July 16.

The property is situated in a structure called Godavari Modern CHSL in Adarsh Nagar in Worli, Mumbai, the records showed. The absolute region of the property purchased by the Kolkata Knight Riders' chief is 510 sq ft (cover region) and the rate at which it has been purchased works out to be Rs.56, 863, the records showed. The cricketer couldn’t be reached for a remark.

The cricketer had signed a lease for a 2380-square-foot apartment on the 48th floor of The World Towers in Mumbai with Macrotech Developers in September 2020 for a price of 49,817 per square foot.

The condo showed up with three vehicle leaves, archives got to by Zapkey showed. He had put near Rs.12 crore in the condo, the records showed. According to documents accessed by Zapkey, he purchased a 1701-square-feet apartment in Worli from Lodha Developers in July 2018 for 8.4 crore rupees.

A few Bollywood stars like Amitabh Bachchan, Ajay Devgn and sportspersons have purchased business properties in the past to procure high rental yields. Virat Kohli leased 12 office spaces in Gurugram in March of this year for a starting monthly rent of 8.85 lakh rupees for nine years. The office space is in the high rental yield project, a corporate tower in Gurugram’s sector 68. The absolute rented region is spread across an area of 18,430 sq. ft and accompanies 37 vehicle parkings, the records showed.

Recently, cricketer Rohit Sharma had rented two lofts in Mumbai’s Bandra West region at a month to month lease of Rs.3 lakh each month for a very long time, records got to by Zapkey.com showed. Indian cricket crew all-rounder Hardik Pandya and his sibling Krunal Pandya had together taken three ‘jodi’ lofts on lease in the Lower Parel region in Mumbai, the all-out lease for which is Rs.7.5 lakh each month, archives got to by Zapkey showed.