MUMBAI: Actor Manoj Bajpayee of Bollywood recently sold his opulent Mahalaxmi neighborhood apartment in Mumbai for an astounding Rs. 9 crores. A stamp duty payment of Rs. 54 lakh was made associated with the transaction, which was recorded in an Agreement to Sell and registered in August of this year.
The mentioned property is located within Lokhandwala Kataria Constructions' luxurious residential complex, Minerva. This property covers two acres and has 362 units that combine luxury and modern amenities. The apartment has two car parking spaces that take up an additional 240 square feet (22 square meters) and a carpet area of 1,247 square feet (116 square meters).
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Square Yards reviewed the data and found that Bajpayee and his wife Shabana Bajpayee bought the flat nearly a decade ago in April 2013. The property was bought by the couple for Rs. 6.40 crore at the time, with stamp duty and registration costs totaling Rs. 32 lahks and Rs. 30,000, respectively.
Manoj Bajpayee’s real estate investments are not limited to this Mahalaxmi property. In a strategic move last year, the actor invested a whopping Rs. 32 crore in four office units located in Oshiwara, Mumbai. This purchase highlights Bajpayee’s astute approach to diversifying his investment portfolio, which aligns with a growing trend among Bollywood celebrities. Amitabh Bachchan, Kajol, and Ajay Devgn are among other notable actors who have recently invested in commercial properties.
The sale of the Mahalaxmi apartment is a significant transaction in South Mumbai’s ever-competitive real estate market, which has been a hotspot for celebrities and business magnates alike. The Minerva project, where the apartment is situated, is synonymous with luxury living. It features a variety of 3 BHK and 4 BHK apartments, many of which offer breathtaking views of the Arabian Sea and Mahalaxmi Racecourse.
A big swimming pool, clubhouse, massages, state-of-the-art gym, beautifully landscaped gardens, and expansive swimming pool are just a few of the luxurious facilities available to Minerva residents. The project is more appealing because of its excellent Mahalaxmi location, which provides quick access to Lower Parel, Worli, and Nariman Point, three of Mumbai's most important business districts.
Because of this, it's an appealing residential option for celebrities, business people, and professionals who value convenience and luxury. Mahalaxmi has established itself as one of South Mumbai's most sought-after neighborhoods with its luxurious high-rises, excellent facilities, exquisite dining options, and close proximity to top educational and medical institutions.
Regarding his career, Manoj Bajpayee will be featured in season three of The Family Man.
(Also read: Bhaiyya Ji: Lead Manoj Bajpayee says, ‘life has been kind that I'm here with my 100th film...’)
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CREDIT- Bollywood Hungama
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