Bollywood actor Manoj Bajpayee and his wife, Shabana Bajpayee, have sold their luxurious apartment in the Mahalaxmi area of Mumbai for ₹9 crore, according to documents accessed by Square Yards. The property, located within the prestigious Minerva Tower, offers stunning views of the Arabian Sea and the Mahalaxmi Race Course.
Location: Minerva, Mahalaxmi, Mumbai
Carpet Area: 1,247 sq. ft. (116 sq. m.)
Sale Price: ₹9 crore
Car Parking: Two spaces covering 240 sq. ft.
Registration Date: August 16, 2024
Minerva, a luxury residential tower developed by Lokhandwala Kataria Constructions, spans 2 acres and comprises 362 units, including 3 and 4 BHK apartments. Many of these units offer panoramic views of the Arabian Sea and the iconic Mahalaxmi Race Course. The project is strategically located near key business districts such as Lower Parel, Worli, and Nariman Point.
This sale is part of Manoj Bajpayee's broader real estate portfolio. In April 2013, the actor purchased the Mahalaxmi apartment for ₹6.40 crore. The transaction included a stamp duty of ₹32 lakh and a registration fee of ₹30,000.
In addition to this residential property, Bajpayee made significant investments in commercial real estate. Last year, he acquired four office units in Oshiwara, Mumbai, for ₹32 crore. These units are located in the Signature Building off Veera Desai Road. The registration for these office spaces was completed on October 4, 2023, with a stamp duty of ₹1.86 crore.
Manoj Bajpayee's real estate activities align with a growing trend among Bollywood celebrities, including Amitabh Bachchan, Kajol, and Ajay Devgn, who have also invested in commercial properties across Mumbai.
The actor’s diversified property portfolio underscores his strategic approach to real estate investments in Mumbai’s ever-growing market.
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