Karan Johar, a prominent Bollywood figure, has signed a 3-year lease for a duplex apartment in Mumbai's exclusive Bandra west area. The monthly rent for the apartment in Pali Hill’s Union Park will start at Rs 8.10 lakh and increase to Rs 8.93 lakh by the third year. The total cost over 36 months will exceed Rs 3.06 crore. This mirrors the strong demand for luxury rentals in the city's prime locations.