Prithviraj Sukumaran’s Production House Acquires ₹30.6 Crore Duplex in Mumbai
Prithviraj Sukumaran, the acclaimed Malayalam actor and filmmaker, has made a significant addition to his real estate portfolio. His production company, Prithviraj Productions Limited, recently purchased a luxury duplex apartment in Mumbai’s upscale Pali Hill area for ₹30.6 crore. This high-profile transaction reflects Prithviraj's growing stature in both the entertainment and real estate sectors.
Details of the Property
The duplex, spanning 2,970 square feet, is located in Narain Terraces, a premium residential building in Pali Hill, Bandra. The property registration documents reveal that the apartment involved a substantial stamp duty payment of ₹1.84 crore, along with a registration fee of ₹30,000.
Narain Terraces is a prestigious address, offering ready-to-move-in apartments with configurations ranging from 3 BHK to 5 BHK. The duplex purchased by Prithviraj also comes with four car parking spaces—an essential amenity given the scarcity of parking in Mumbai’s densely populated urban neighborhoods.
This recent acquisition adds to Prithviraj's existing property holdings in the same locality. The actor, along with his wife, Supriya Menon, already owns a luxury apartment in Pali Hill, which is estimated to be worth ₹17 crore.
Pali Hill: A Preferred Address for Celebrities
Pali Hill is one of Mumbai's most sought-after residential areas, known for its luxurious properties and celebrity residents. The neighborhood is synonymous with exclusivity, boasting homes that offer both modern amenities and old-world charm, making it the ideal destination for Bollywood stars, industrialists, and high-net-worth individuals.
The per-square-foot prices in Pali Hill can exceed ₹1 lakh, making it one of the costliest areas in Mumbai’s competitive real estate market. Properties in this neighborhood offer not just premium residences but also an association with a rich legacy of Bollywood icons and historic homes.
High-Value Real Estate Deals in Pali Hill
Prithviraj’s purchase is one of many recent high-value real estate deals in Pali Hill. The area has seen a surge in celebrity buyers, reinforcing its status as a prime destination for those seeking luxury residences in Mumbai. Several well-known personalities, including Bollywood stars, athletes, and industrialists, have invested in the area over the past few years.
In July 2024, cricketer KL Rahul and his wife, actress Athiya Shetty, made headlines when they purchased an apartment in Pali Hill for ₹20 crore. The neighborhood’s celebrity roster includes other prominent names such as Ranveer Singh, Tripti Dimri, and filmmaker Imran Khan, making it one of the most star-studded areas in Mumbai.
Additionally, in 2023, Apco Infratech Private Limited, a company involved in infrastructure projects across India, bought a sea-view triplex apartment in Pali Hill for ₹155 crore. The triplex, spread across 9,527 square feet, is located in *The Legend*, a luxury residential project developed by Black Rock, a subsidiary of the Ashar Group. The project is notable for being built on the land that once housed the bungalow of the legendary actor Dilip Kumar, adding another layer of Bollywood history to Pali Hill’s prestigious reputation.
Prithviraj Sukumaran’s acquisition of a ₹30.6 crore duplex in Pali Hill is not only a personal milestone for the actor but also a reflection of the enduring appeal of Mumbai’s luxury real estate market. Pali Hill continues to attract high-profile buyers, drawn by its exclusivity, history, and the opportunity to live among some of the biggest names in Indian cinema.
With its blend of modern luxury, historical significance, and celebrity allure, Pali Hill remains one of Mumbai’s most coveted addresses. For Prithviraj Sukumaran, this new acquisition symbolizes both his professional achievements and his growing influence in one of the country’s most prestigious neighborhoods.
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