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Home » Prithviraj Buys ₹30.6 Crore Duplex in Pali Hill
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Prithviraj Buys ₹30.6 Crore Duplex in Pali Hill

Prithviraj Sukumaran's Production House Buys ₹30.6 Crore Duplex in Mumbai’s Pali Hill Area, Adding to His Luxury Real Estate Portfolio
News DeskBy News Desk17 September 2024No Comments2 Mins Read
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Malayalam actor and filmmaker Prithviraj Sukumaran, through his production company Prithviraj Productions Limited, has purchased a luxurious duplex apartment in Mumbai’s prestigious Pali Hill area. The acquisition, valued at ₹30.6 crore, was officially registered on September 12.

Details of the Property

The new duplex spans 2,970 sq ft and is situated in Narain Terraces, a well-regarded building in Bandra’s Pali Hill. The apartment includes four car parking spaces and is part of a housing society offering a variety of configurations, including 3 BHK, 4 BHK, and 5 BHK units. The transaction involved a stamp duty payment of ₹1.84 crore and a registration fee of ₹30,000.

Existing Property and Notable Works

Prithviraj Sukumaran and his wife, Supriya Menon, already own a luxury apartment in Pali Hill worth approximately ₹17 crore. The actor is known for his roles in films like “Bade Miyan Chote Miyan” and “Aadujeevitham” (The Goat Life), a 2024 Malayalam survival drama based on the novel by Benyamin.

Celebrity Investments in Pali Hill

Pali Hill has become a popular address for celebrities and high net worth individuals. Notable recent transactions include a ₹155 crore sea-view triplex acquired by Apco Infratech Private Limited and a ₹20 crore apartment purchased by cricketer KL Rahul and actress Athiya Shetty. The area is known for its high real estate values, with luxury properties commanding rates of ₹1 lakh per sq ft and above.

Historic and Contemporary Significance

The area has historically been home to several Bollywood stars, including the late Sunil and Nargis Dutt, Rishi Kapoor, Neetu Singh, and more recently, Aamir Khan and Sanjay Dutt. The acquisition by Prithviraj Sukumaran adds to the ongoing trend of high-profile investments in this exclusive neighbourhood.

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