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Manoj Bajpayee and Shabana Raza sell Mahalaxmi apartment for Rs 9 crore

Manoj Bajpayee and Wife Sell Mumbai Property for ₹9 Crore

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Summary:

  • Manoj Bajpayee and Shabana Raza have sold their luxury Mumbai apartment for ₹9 crore.
  • The 1,247 sq. ft. apartment is located in the Minerva tower in Mahalaxmi and includes two car parking spaces.
  • The sale is part of Bajpayee’s broader real estate investments, including recent commercial property purchases.

Manoj Bajpayee and his wife, Shabana Raza, have recently sold their upscale apartment in Mumbai’s Mahalaxmi area for ₹9 crore, according to documents obtained by Square Yards. The property, located in the luxury Minerva tower developed by Lokhandwala Kataria Constructions, boasts a carpet area of 1,247 square feet. The transaction was officially registered on August 16, 2024. The apartment includes two car parking spaces, each covering 240 square feet.

Minerva is a prestigious residential project spread across 2 acres and comprises 362 units. It features high-end 3 and 4 BHK apartments, with many offering views of the Arabian Sea and Mahalaxmi Race Course. The tower’s prime location is near major business hubs such as Lower Parel, Worli, and Nariman Point.

Bajpayee and Raza originally purchased the apartment in April 2013 for ₹6.40 crore, paying a stamp duty of ₹32 lakh and a registration fee of ₹30,000. This recent sale is part of Bajpayee’s larger real estate strategy. Last year, he invested ₹32 crore in four office units in Oshiwara, Mumbai. These units, located in the Signature Building off Veera Desai Road, were registered on October 4, 2023, with Bajpayee paying ₹1.86 crore in stamp duty.

Additionally, in 2021, Bajpayee purchased a house in Oberoi Springs, Andheri, for ₹4 crore. This ongoing investment in real estate highlights Bajpayee’s expanding portfolio in the Mumbai property market, joining other Bollywood stars in acquiring valuable assets.

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