Mumbai, 22nd August 2024:
Bollywood actor Manoj Bajpayee and his wife, Shabana Raza Bajpayee, are currently in the spotlight due to their latest real estate deal. They have sold a luxury apartment, which is still under construction, in the upscale Mahalaxmi area of Mumbai for ₹9 crore. The apartment, located on the 47th floor of a new high-rise, covers 1,247 square feet and includes two designated parking spaces. The transaction, completed on August 16, involved a significant stamp duty of ₹54 lakh. Originally, they bought the apartment in April 2013 for ₹6.40 crore, with a stamp duty of ₹32 lakh and a registration fee of ₹30,000.
The property, as reported by Bollywood Hungama, is situated in Minerva Towers, a high-end project developed by Lokhandwala Kataria Constructions. This tower offers luxurious 3 and 4-BHK apartments with views of the Arabian Sea and Mahalaxmi Race Course. It is conveniently located near major business districts like Lower Parel, Worli, and Nariman Point, and features a range of upscale amenities, including a large swimming pool, gym, clubhouse, spa, and gardens.
In addition to the Mahalaxmi apartment sale, Manoj Bajpayee has made a significant investment in commercial real estate, following the example of other Bollywood celebrities such as Amitabh Bachchan, Kajol, and Ajay Devgn. Bajpayee recently invested ₹32 crore in four office units located in Oshiwara, Mumbai. These office spaces, situated in the Signature Building on Veera Desai Road, were registered on October 4, 2023, with Bajpayee reportedly paying less than ₹2 crore in stamp duty.
In 2021, the couple also acquired a luxury residence in Oberoi Springs, Andheri, Mumbai, for ₹4 crore. Currently, Manoj Bajpayee is engaged in filming for the third season of The Family Man for Amazon Prime.
