Shreyas Iyer rents 3,875 sq ft luxury apartment in Mumbai’s Worli for three years at a total rent of ₹7.14 crore

Shreyas Iyer Secures Three-Year Lease for 3,875 sq ft Luxury Apartment in Mumbai’s Worli

Shreyas Iyer rents 3 875 sq ft – Indian cricketer Shreyas Iyer has entered into a three-year lease agreement for a high-end residence in Mumbai’s Worli neighborhood, totaling ₹7.14 crore, as disclosed by property records obtained by SquareYards.

The 3,875 sq ft apartment is situated in the Artesia building, a prominent address in Worli. Alongside the property, Iyer also leased four car parking spaces, according to the documentation.

The lease was formalized on June 10, 2026, with a stamp duty of ₹1.84 lakh and registration fees of Rs. 1,000. The rental terms indicate a 7% annual increase, beginning at ₹18.50 lakh for the first year and escalating to ₹19.79 lakh in the second, before reaching ₹21.18 lakh in the final year.

Shreyas Iyer’s Profile and Cricket Career

Shreyas Iyer, a prominent figure in international cricket, is celebrated for his middle-order batting skills and leadership in the sport. His consistent performances in domestic cricket and the Indian Premier League (IPL) have cemented his reputation as a standout player in contemporary Indian cricket.

“Shreyas Iyer remains one of the key representatives of Indian cricket, motivating aspiring athletes with his relentless focus and unwavering dedication to the game,” noted SquareYards.

Worli: A Prestigious Mumbai Neighborhood

Worli, a South-Central Mumbai district, is famed for its upscale waterfront properties, iconic skyline, and excellent connectivity. The area blends luxury living with commercial activity, offering a prime location for both residents and investors.

Known for its exclusive residential towers and sea-facing homes, Worli attracts high-profile individuals, including business leaders and celebrities, who seek premium lifestyles. The Bandra-Worli Sea Link, Eastern Freeway, and other major roads ensure swift access to key business zones like Bandra Kurla Complex (BKC), Nariman Point, and Fort.

With its world-class infrastructure and strong demand from affluent buyers, Worli continues to dominate Mumbai’s elite real estate market. The area features luxury hotels, fine dining, and recreational spots, contributing to its status as a self-contained urban hub.

Other Notable Transactions in Mumbai’s Real Estate

Further reading: Shreyas Iyer’s recent acquisition of a commercial unit in Worli for ₹2.9 crore highlights his investment interests beyond sports. Additionally, he and his mother, Rohini Iyer, purchased a 525 sq ft apartment in Mumbai for ₹2.90 crore.

Meanwhile, a significant deal in the Mumbai market saw Tanya Dubash of the Godrej Group buy a sea-facing apartment on Worli Sea Face for nearly ₹300 crore. The transaction, priced at over ₹2.50 lakh per sq ft, underscores the city’s top-tier residential rates in 2026.

Experts note that properties in Worli Sea Face typically range from ₹80,000 to ₹1 lakh per sq ft, with the most exclusive units surpassing ₹2.80 lakh per sq ft.

Mehul R Thakkar, a Mumbai-based journalist specializing in real estate trends, observes that while many residents aspire to own a home in the city, long commutes and demanding careers often limit their time spent in these prime locations.