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

Keystone Realtors Raises Rs 800 Crore from Institutional Investors
Real Estate Mumbai

Keystone Realtors Raises Rs 800 Crore from Institutional Investors

Mumbai-based Keystone Realtors has raised Rs 800 crore by selling shares to institutional investors

May 28, 2024
Read Article
Kerala Police Hand Over Mami Missing Case to Crime Branch to Avoid CBI Probe
real estate news

Kerala Police Hand Over Mami Missing Case to Crime Branch to Avoid CBI Probe

The Kerala police have handed over the missing case of Mohammad Attur, a prominent real estate businessman, to the Crime Branch to prevent a CBI investigation.

September 8, 2024
Read Article
Home Sales in Noida and Greater Noida Increase by 6% in Q3 2024
real estate news

Home Sales in Noida and Greater Noida Increase by 6% in Q3 2024

The residential property market in Noida and Greater Noida witnessed a 6% surge in registrations during the July-September quarter, with a total of 8,128 units sold, according to real estate consultant Square Yards.

November 18, 2024
Read Article
Mumbai Real Estate Market Sees Significant Growth in 2024 with 1.41 Lakh Registrations
Real Estate Maharashtra

Mumbai Real Estate Market Sees Significant Growth in 2024 with 1.41 Lakh Registrations

Mumbai's real estate market is on track to register 1,41,302 property registrations in 2024, marking an 11% increase from the previous year. The market is showing resilience and a growing preference for premium and spacious homes.

January 2, 2025
Read Article
2025 Outlook: The Future of Commercial Real Estate in Tier-II and Tier-III Cities
Real Estate

2025 Outlook: The Future of Commercial Real Estate in Tier-II and Tier-III Cities

In 2025, we can expect a significant rise in commercial real estate activity in Tier-II and Tier-III cities across India, driven by factors such as low operating costs, ample space, skilled talent, and infrastructure development.

January 5, 2025
Read Article
Maharashtra's Transport Minister Pratap Sarnaik Invites CREDAI to Develop MSRTC Land
Real Estate

Maharashtra's Transport Minister Pratap Sarnaik Invites CREDAI to Develop MSRTC Land

The Maharashtra Transport Minister, Pratap Sarnaik, has called on the Confederation of Real Estate Developers’ Associations of India (CREDAI) to participate in the development of 1,360 hectares of land owned by the Maharashtra State Road Transport Corpora

January 19, 2025
Read Article