India, March 31 -- Bollywood actress Sara Ali Khan has leased out a bungalow in Andheri West for a total rent of Rs.4.14 crore for five years, with a starting monthly rent of Rs.6.5 lakh, according to property registration documents accessed by CRE Matrix. The tenant, Prodigy Montessori India Private Limited, will use the premises exclusively for operating and conducting school-related activities, CRE Matrix said.

The property is located in the Belscot Co-operative Housing Society, Old Lokhandwala Complex, and the transaction was registered on March 27. The property spans about 4,500 sq ft across G+1, according to the document.

The property was leased at Rs.144.44 per sq ft. As part of the agreement, the tenant has paid a security depos...