Prabhu Deva Sells Two Luxurious Mumbai Flats for ₹14.8 Crore

Actor, dancer, and choreographer Prabhu Deva has made a significant real estate move by selling two apartments in South Mumbai’s Mahalaxmi area for ₹14.80 crore. According to property registration documents accessed by CRE Matrix, the units are located in the Minerva building, one of the city's tallest residential towers.

The documents reveal that Prabhu Deva purchased the two apartments in December 2012 for a combined ₹14.45 crore. Each apartment measures 1,295 sq ft, totaling 2,590 sq ft. The units are situated on the 32nd and 33rd floors of the building.

Prabhu Deva sold the two apartments to Priya Ruparel and Manju Dange for ₹7.40 crore each. The transaction, which included four parking spaces, was registered on March 13, 2026, with a stamp duty of ₹74 lakh and a registration fee of ₹30,000.

Lokhandwala Minerva, one of Mumbai’s tallest residential towers, is a skyscraper that rises about 301 metres and has 79 floors. Located in Mahalaxmi, it forms part of the Lokhandwala Minerva complex and offers ultra-luxury apartments with stunning views of the Mahalaxmi Racecourse and the Arabian Sea. The project faced prolonged possession delays, prompting the Maharashtra Real Estate Regulatory Authority (MahaRERA) to direct the developer to pay interest to a homebuyer. The project secured a part-occupation certificate in early 2023 and received a registration extension from MahaRERA until December 2024.

Celebrity apartment sales have been adding buzz to Mumbai’s housing market. In the last four months, Bollywood actress Preity Zinta has been in the news for selling her apartment in Mumbai’s Pali Hill area of Bandra for ₹18.50 crore. The apartment was allotted to Zinta in April 2025 following the redevelopment of her old building. This marks Zinta's second apartment sale in the past four months. In November 2025, documents show she sold a 1,474 sq ft apartment on the 11th floor of the Rustomjee Parishram building for over ₹14 crore.

In 2024, actor Manoj Bajpayee, along with his wife Shabana Raza Bajpayee, sold their apartment in the same project for ₹9 crore. The actor purchased the apartment in 2013 with his wife, Shabana, for ₹6.40 crore.

These transactions highlight the ongoing trend of Bollywood celebrities leveraging their high-profile status to make significant real estate investments in Mumbai, one of India’s most expensive cities.