Film Producer Madhu Mantena’s Company Acquires Multiple Apartments Totalling Rs. 25.75 Crore in Mumbai: Square Yards

New Delhi, December 20, 2024: Madhu Mantena, the acclaimed film producer behind hits like Ghajini and Queen, has made a significant foray into Mumbai’s real estate market. Documents reviewed by Square Yards reveal that Mantena has acquired three premium apartments in the upscale Juhu locality, collectively valued at Rs. 25.75 crores. 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 (~144 sq. m) and was purchased for Rs. 10.95 crores, including stamp duty fees of Rs. 65.7 lakh. The second apartment, measuring around 1,250 sq. ft (~116.13 sq. m), was acquired for Rs. 8.8 crores, with stamp duty fees amounting to Rs. 52.8 lakh. The smallest of the three, an 851 sq. ft (~79.06 sq. m) apartment, was bought for Rs. 6 crores, with stamp duty fees of Rs. 36 lakh. All properties were registered in December 2024, each incurring registration charges of Rs. 30,000.

Madhu Mantena, an acclaimed Indian film producer and entrepreneur, has made significant contributions to Hindi, Telugu, and Bengali cinema. His productions include Ghajini (2008), an iconic Hindi film that earned an IIFA nomination; Queen (2015), a critically acclaimed movie that won the Best Feature Film award at the 62nd National Film Awards and Filmfare; and Masaan and Wrong Side Raju, both of which won accolades at the National Film Awards in 2015 and 2016, respectively.