{
  "id": 875657,
  "title": "Ajay Devgn, mother to earn ₹16 lakh/month from Juhu bungalow - Here's how",
  "url": "https://urgent.news/2026/08/14/ajay-devgn-mother-to-earn-16-lakh-month-from-juhu-bungalow-heres-how",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-14T14:03:10.000Z",
  "source": {
    "name": "Live Mint",
    "slug": "live-mint",
    "url": "https://www.livemint.com/news/trends/ajay-devgn-mother-to-earn-rs-16-lakh-month-from-juhu-bungalow-heres-how-11786711959569.html"
  },
  "original_language": "en",
  "account": "Bollywood actor Ajay Devgn and his mother Veena Devgn have leased their 7,803 sq ft bungalow in Juhu's Kapol Co-operative Housing Society (CHS) for ₹16 lakh per month. According to property registration documents reviewed by Square Yards, the 60-month lease agreement is estimated to generate ₹10.61 crore in rental income over five years. The lease includes a security deposit of ₹48 lakh. The 724.90 sq m bungalow, located in Juhu, a premium residential neighborhood in Mumbai, has a built-up area of 7,803 sq ft. The property's premium location along the western coastline, coupled with connectivity to commercial and business districts, has sustained demand for high-value residential properties in the area. Property values in Juhu have remained elevated despite some recent moderation, with the average asking price per sq ft at around ₹61,100. The Devgn family's bungalow is expected to generate progressively higher rental income through the lease agreement.",
  "summary": "Actor Ajy Devgn and his mother Veena Devgn have leased their 7,803 sq ft Juhu Bungalow for five years, with rent starting at ₹16 lakh a month and rising annually.",
  "key_points": [
    "Ajay Devgn and mother lease Juhu bungalow for ₹16 lakh/month.",
    "60-month lease generates ₹10.61 crore in rental income.",
    "Premium location sustains high-value residential property demand."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}