Renowned choreographer and filmmaker Prabhu Deva has reportedly sold two luxury flats in Mumbai for a combined value of ₹14.8 crore. The properties, located in the prime Mahalaxmi area of South Mumbai, were originally purchased in 2012 for approximately ₹14.45 crore, making this transaction a modest profit deal after over a decade.
The sale reflects Prabhu Deva’s long-term investment approach in real estate, holding onto premium properties for 14 years before finalizing the deal. Despite Mumbai’s booming property market, the profit margin—around ₹35 lakh—suggests a steady rather than aggressive return, possibly influenced by market fluctuations and holding costs over the years.
Mahalaxmi remains one of Mumbai’s most sought-after residential locations, known for its connectivity and upscale living standards. Properties in this area continue to attract high-value transactions, making it a preferred choice for celebrities and investors alike.
Prabhu Deva, who has balanced a successful career across multiple film industries, continues to make strategic financial moves alongside his creative pursuits. This sale marks another chapter in his portfolio, highlighting how celebrities diversify their investments beyond cinema.
