Manoj Bajpayee Buys Lonavala Land for ₹1.37 Crore
By ThePip Desk
Actor Manoj Bajpayee invests ₹1.37 crore in 4.45 acres of agricultural land near Lonavala, Maharashtra, expanding his real estate portfolio.
Bollywood actor Manoj Bajpayee has just expanded his real estate portfolio, securing 4.45 acres of agricultural land in Tail Baila village near Lonavala, Maharashtra. This strategic purchase on August 25, 2026, totaled ₹1.37 crore, showing a clear move into significant property investments.
Understanding the Investment Details
When you look at big purchases like this, it’s helpful to break down the exact costs involved. Bajpayee’s recent acquisition from Vimalchand Khimraj Jain involved several key financial figures.
- The total purchase price for the land was ₹1.37 crore (which is ₹13,731,000).
- An additional stamp duty of approximately ₹6.87 lakh was paid.
- The registration fee for the transaction amounted to ₹30,000.
- This means the estimated cost per acre for this specific plot was ₹30.9 lakh.
Why Tail Baila? Location Insights
The location of an investment property is always crucial, and Tail Baila village offers some interesting advantages. It’s positioned about 119 km from Mumbai and 101 km from Pune, making it quite accessible from major urban centers.
This area is increasingly popular for those seeking low-density properties or weekend homes, thanks to its natural beauty and close proximity to attractions like Mulshi Dam and Tail Baila Fort. Understanding the geography helps you see the potential value in such an acquisition.
Bajpayee’s Broader Real Estate Strategy
This isn’t Bajpayee’s only significant real estate move; he clearly has a long-term strategy in play. His recent land purchase fits into a pattern of diverse property investments you might find interesting.
- Earlier in April, he reportedly leased out two office units and six parking spaces in Mumbai’s Andheri West.
- That five-year lease started with a monthly rent of ₹10.94 lakh.
- In 2023, he also invested a substantial ₹32 crore in four office units located in Oshiwara, Mumbai.
- The stamp duty alone for those 2023 Oshiwara units was ₹1.86 crore.
These investments show that even for established figures, diversifying assets into real estate is a common and often effective financial strategy, extending beyond one’s primary profession.