Manoj Bajpayee Offloads Mumbai Apartment for a Whopping Rs 9 Crore

The actor's real estate portfolio just got a boost with the sale of his Mahalaxmi apartment, which he originally purchased in 2013 for Rs 6.40 crore.

Manoj BajpayeeMumbai Real EstateLokhandwala Kataria ConstructionsSquare YardsBollywood CelebritiesReal Estate MumbaiAug 21, 2024

Manoj Bajpayee Offloads Mumbai Apartment for a Whopping Rs 9 Crore
Real Estate Mumbai:Manoj Bajpayee, the renowned Bollywood actor, has sold his luxurious apartment in Mumbai's Mahalaxmi area for a staggering Rs 9 crore. The apartment, located in the Minerva residential tower, boasts a carpet area of 1,247 sq. ft. and offers breathtaking views of the Arabian Sea and the Mahalaxmi Racecourse.

The sale was facilitated by Square Yards and was registered in an 'Agreement to Sell' in August this year. The couple, Manoj and his wife Shabana, paid a stamp duty of Rs 54 lakh for the transaction.

The Minerva Tower, developed by Lokhandwala Kataria Constructions, is a premium residential complex that offers 3 BHK and 4 BHK apartments. The building is equipped with modern amenities such as a gym, swimming pool, clubhouse, spa, and landscaped gardens, making it one of the most desirable neighborhoods in South Mumbai.

Interestingly, Manoj Bajpayee had originally purchased the apartment in April 2013 for Rs 6.40 crore, along with his wife Shabana. The purchase had incurred a stamp duty of Rs 32 lakh and a registration fee of Rs 30 thousand.

This sale is part of Bajpayee's broader real estate portfolio. Last year, the actor invested Rs 32 crore in four office units in Oshiwara, Mumbai, joining other Bollywood celebrities such as Amitabh Bachchan, Kajol, and Ajay Devgn, who have also invested in commercial properties.

Manoj Bajpayee's real estate ventures are not limited to residential properties. He has also explored the commercial segment, showcasing his diversified investment strategy.

About Lokhandwala Kataria Constructions Lokhandwala Kataria Constructions is a renowned real estate developer in Mumbai, known for its premium residential and commercial projects. The company has developed several iconic buildings in the city, including the Minerva Tower.

About Square Yards Square Yards is a leading real estate platform that provides comprehensive solutions for property buyers, sellers, and investors. The company offers a range of services, including property listings, research, and advisory services.

Frequently Asked Questions

How much did Manoj Bajpayee sell his Mahalaxmi apartment for?

Rs 9 crore

When did Manoj Bajpayee originally purchase the apartment?

April 2013

What is the carpet area of the apartment?

1,247 sq. ft.

Who developed the Minerva Tower?

Lokhandwala Kataria Constructions

How much did Manoj Bajpayee invest in office units in Oshiwara, Mumbai?

Rs 32 crore

Related News Articles

Birla Estates and LGCPL Group Join Hands to Develop 131-Acre Project in Noida
Real Estate

Birla Estates and LGCPL Group Join Hands to Develop 131-Acre Project in Noida

Realty firm Birla Estates Private Ltd signs agreement to co-develop 131-acre land parcel in Sector 150 Noida with LGCPL Group

August 30, 2024
Read Article
Rajasthan RERA Cracks Down on Builders: Submit Architectural Drawings and Separate Bank Accounts Now
Real Estate

Rajasthan RERA Cracks Down on Builders: Submit Architectural Drawings and Separate Bank Accounts Now

Rajasthan Real Estate Regulatory Authority directs builders to submit detailed architectural drawings and open three separate bank accounts for each project.

June 13, 2024
Read Article
Mumbai's Digital Billboards to Face Stricter Regulations: BMC Imposes 11 PM Shutdown
Real Estate Mumbai

Mumbai's Digital Billboards to Face Stricter Regulations: BMC Imposes 11 PM Shutdown

Mumbai's digital hoardings to be shut down by 11 PM, BMC forms special squad to regulate outdoor advertising

June 13, 2024
Read Article
Ronit Roy's Luxury Investment: A Rs 190 Million Apartment in Mumbai's Versova
Real Estate Maharashtra

Ronit Roy's Luxury Investment: A Rs 190 Million Apartment in Mumbai's Versova

Real estate remains a top investment choice for high net-worth individuals like Ronit Roy, who has recently purchased a luxurious sea-view apartment in Mumbai's Versova.

July 8, 2024
Read Article
Real Estate: Considering Buying Property? Diwali Might Be the Perfect Time
Real Estate Mumbai

Real Estate: Considering Buying Property? Diwali Might Be the Perfect Time

The festive season for real estate purchases in the Mumbai Metropolitan Region (MMR) starts with Ganeshotsav and continues through Navratri-Dussehra, and Diwali. These festivals often bring in a wave of buyers looking for their dream homes.

October 27, 2024
Read Article
4 Stocks to Buy for Potential Up to 71% Return in a Falling Market
real estate news

4 Stocks to Buy for Potential Up to 71% Return in a Falling Market

Sunteck Realty Share Price Target. Sunteck Realty is another real estate stock that has caught the attention of analysts. The stock is currently trading at an attractive valuation, making it a compelling buy opportunity even in a volatile market.

November 15, 2024
Read Article