News
Film Producer Madhu Mantena’s Company Acquires Three Apartments for ₹25.75 Crore in Mumbai
Film producer Madhu Mantena has made a significant foray into Mumbai’s real estate market, acquiring three premium apartments in Juhu, collectively valued at INR25.75 Crore. The properties have been registered under the name of his company, Big Bang Mediaverse Private Limited.
Juhu, a celebrity-favored neighborhood, is renowned for its excellent connectivity to key Mumbai areas like Andheri and Bandra. The locality’s access to major roads, robust public infrastructure, and proximity to leisure and entertainment venues continue to make it a hotspot for high-net-worth individuals.
According to Square Yards, the three apartments are located within Jeevan Estates Co-operative Housing Society Ltd in Juhu. The largest of the acquisitions spans approximately 1,550 sq. ft (about 144 sq. m) and was purchased for INR10.95 crore, including stamp duty fees of INR65.7 lakh. The second apartment, measuring around 1,250 sq. ft (approximately 116.13 sq. m), was acquired for INR8.8 crore, with stamp duty fees amounting to INR52.8 lakh. The smallest of the three, an 851 sq. ft (about 79.06 sq. m) apartment, was bought for INR6 crore, with stamp duty fees of INR36 lakh. All properties were registered in December 2024, each incurring registration charges of INR30,000.
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