Over a decade after acquiring the property in the prestigious Mahalaxmi area of South Mumbai, acclaimed film actor Manoj Bajpayee sells his apartment. Manoj, recently honoured with a special mention for his performance in Gulmohar at the 70th National Film Awards, purchased the apartment in 2013 with his wife, Shabana Raza Bajpayee, for ₹6.40 crore. The property is now sold for an impressive ₹9 crore. This significant real estate transaction underscores properties’ enduring value and desirability in one of Mumbai’s most popular and demanding neighbourhoods. While the reasons behind the sale remain private, the couple made a significant financial gain from their real estate investment.
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Exploring the Secrets of Manoj Bajpayee’s Former Mumbai Home
Manoj Bajpayee’s apartment in Mumbai was located in the prestigious Minerva Tower, a luxury residential development by Lokhandwala Kataria Constructions. Spanning a generous carpet area of 1,247 square feet (approximately 116 square meters), this luxurious apartment in Mumbai offers refined living spaces and the convenience of two dedicated car parking spaces covering 240 square feet (about 22 square meters).
Minerva Tower itself stands as a testament to luxury living. It occupies a vast 2-acre plot and comprises 362 exclusive units. This development exemplifies luxury. The project offers finely designed 3 BHK and 4 BHK residences with stunning panoramic views of the Arabian Sea and the iconic Mahalaxmi Racecourse.
The strategic location of Minerva Tower provides residents with exceptional convenience and accessibility. It is situated in close proximity to prominent locations such as Lower Parel, Worli, and Nariman Point.
The transaction involved a stamp duty payment of ₹32 lakh and a registration fee of ₹30,000. Notably, last year, the actor expanded his portfolio by acquiring four office units in Oshiwara for ₹32 crore. This move places him alongside Bollywood luminaries like Amitabh Bachchan, Kajol, and Ajay Devgn, who have similarly invested in commercial real estate. The four office units, registered on October 4, 2023, are in the prestigious Signature Building, strategically located off Veera Desai Road in Oshiwara, further highlighting Bajpayee’s keen eye for valuable properties.
Bajpayee’s Journey from Small Town to Stardom
With a stellar filmography that includes critically acclaimed movies such as Gangs of Wasseypur, Satya, Bhonsle, and Aligarh, Manoj Bajpayee has established himself as one of the most versatile and celebrated actors in Hindi cinema. In recent years, he has also significantly impacted the burgeoning OTT platforms. His performances in critically acclaimed series like The Family Man, Soup, Farzi, and Ray have further solidified his reputation as a craft master.
Beyond his exceptional talent, Bajpayee is admired for his humility and grounded nature. His journey from a small town in Bihar to becoming one of the most respected actors in the Indian film industry inspires aspiring artists everywhere.
Manoj Bajpayee, a name synonymous with excellence in Indian cinema, has garnered widespread recognition and accolades for his exceptional talent, including three National Film Awards and the prestigious Padma Shri. With his unwavering dedication to his craft and commitment to pushing boundaries, Manoj Bajpayee continues to be a force to be reckoned with in Hindi cinema.
Square Yards in the Spotlight: Top Media Coverage
The Square Yards Property Report garnered widespread attention, receiving coverage from prestigious media outlets, including The Times of India, Money Control, Hindustan Times, PinkVilla, Inshorts, Nav Bharat Times, ET Now, and others.
